In Arabic MALATH means 'relief in times of hardship'. And the company is fully dedicated to living up to its name in every sense of the word. Founded by an elite investment consortium comprising prominent Saudi personalities, Malath is capitalized at SAR 300 Million with prime focus on setting new benchmarks of excellence in customer service in the new emerging and regulating environment resulting from implementation of Cooperative Insurance Companies Law. Malath offered 47.48% of its capital for IPO (Initial Public Offering). Not surprisingly, Malath has already been successful in putting in place highly talented team of most experienced professionals zealously devoted to bring about and deliver a ‘Change For The Better’ for its valued customers, shareholders as well as the industry.
