Al Rajhi Capital reports that Al Rajhi Takaful is a strong candidate for an upgrade to the MSCI Saudi Arabia Standard Index, with a market capitalization of SAR 21.1 billion as of July 18, 2024. The brokerage notes that it meets the necessary thresholds for inclusion, while Astra Industrial Group, with a market cap of SAR 12.9 billion, is unlikely to be upgraded in the current review but may have potential in the future if stock performance improves. Al Rajhi Takaful is expected to see significant inflows based on recent trading values.

Al Rajhi Capital reports that Al Rajhi Takaful is a strong candidate for an upgrade to the MSCI Saudi Arabia Standard Index, with a market capitalization of SAR 21.1 billion as of July 18, 2024. The brokerage notes that it meets the necessary thresholds for inclusion, while Astra Industrial Group, with a market cap of SAR 12.9 billion, is unlikely to be upgraded in the current review but may have potential in the future if stock performance improves. Al Rajhi Takaful is expected to see significant inflows based on recent trading values.