Doha: The Board of Directors of Qatar Islamic Insurance Group (QIIG) recommended amending the Article of Association section No. (6) to allow foreign investors’ ownership to be 100% of the group capital instead of 49%.
This was announced on the company website and on the Qatar Stock Exchange social media sites.
The statement further announced that the amendment will be subject to approval from related regulatory authorities and will be presented to the Extraordinary General Assembly Meeting for approval in a date that will be further announced.
