Al Rajhi Takaful Negotiated Deals Total SAR 10.4M

Al Rajhi Takaful shares saw two negotiated transactions worth a combined SAR 10.4 million on June 23, exchange data showed.

Negotiated deals are block trades arranged between counterparties outside the standard order book. They often signal institutional buying or selling rather than retail activity. The size of the trades relative to the stock's average daily volume suggests a meaningful position adjustment.

Al Rajhi Takaful is a Shariah-compliant insurer and a subsidiary of Al Rajhi Bank, one of Saudi Arabia's largest Islamic lenders. The company writes general and family takaful products.

The identities of the buyer and seller were not disclosed. Such trades can be followed by regulatory filings if they cross the 5% ownership threshold, so further details may emerge in the coming days. The transactions were reported after the market close on June 23.