Doha: Qatar Islamic Insurance disclosed the interim financial statement for the 12 months ending December 31, 2021. The financial statements revealed a 5.78 percent rise in net profit to reach QR80,110,452 in comparison to net profit QR75,727,535 for the same period of the previous year.
The Earnings per share (EPS) amounted to QR 0.53 as of December 31, 2021, versus Earnings per share (EPS) QR 0.50 for the same period in 2020, Islamic Insurance said in a statement on the Qatar Stock Exchange. The board of directors proposed the distribution of cash dividends of 0.40 per share.
The company was founded in May 1994 and operates insurance activity in all its branches, including takaful insurance (Hayat) and health in accordance with Islamic law, and has a capital of
QR150m.
