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Takaful International shares offering fully subscribed

All of Takaful International Co. BSC's offering of 22.5 million shares has been fully subscribed.

All the shares will be allotted to the subscribers in full. Allotment notices will be available for collection May 22 onward, while trading for the rights shares will commence on the Bahrain Bourse May 24.

Grant Thornton Advisory WLL served as the issue manager for the offering. Bahrain Islamic Bank BSC served as the issuing bank while Rashid A. Rahman – Attorneys and Legal Consultants served as the legal adviser.