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19/02/2018 07:28 AST
Qatar Islamic Insurance has reported more than 1% year-on-year rise in gross written contribution (premium) of QR316.6mn in 2017.
The insurer, which reported a shareholders' profit of QR61.9mn, has recommended 35% cash dividend to be approved by shareholders at the annual general assembly meeting.
The company's earnings-per-share was QR4.13 compared to QR4.23 a year ago.
The policyholders' surplus registered more than 100% growth to QR16.2mn in 2017 compared to QR7.9mn in the previous year.
Sheikh Abdulla bin Thani al-Thani, chairman of Qatar Islamic Insurance, said the company would distribute, for the eighth consecutive year, 20% surplus to all the eligible policyholders for 2017.
He said the board appreciated the management's efforts in achieving these results despite a very challenging environment in 2017 due to negative impact of low oil prices on national economy.
The management's prudent underwriting and risk management policies generated good technical results that supported overall results in 2017 when investment returns were falling, according to Ali Ibrahim al-Abdulghani, chief executive of Qatar Islamic Insurance.
Gulf Times
28/03/2025
Qatar Islamic Insurance Group convened its Annual General Assembly Meeting for the year 2024, yesterday. The Board proposed to the assembly distribution of cash dividends of 50% of the paid-up capita
The Peninsula
15/11/2016
Qatar Islamic Insurance was awarded the "Family Takaful Company of the Year" at the '3rd Middle East Insurance Industry Awards 2016' held recently at Conrad Hotel in Dubai.
The award was rec
Gulf Times
28/02/2016
Qatar Islamic Insurance CEO Ali Ibrahim al-Abdulghani was awarded the prestigious 'Takaful CEO of the year' award at a ceremony held during the 10th International Takaful Summit 2016 at Jumeirah Carl
Gulf Times
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| BUPAARABIA | 178.10 | -1.90 (-1.06 |
| TAWUNIYA | 158.00 | 0.00 (0.00 |
| ALRAJHITAKAFUL | 128.60 | 2.30 (1.82 |
| RASAN | 86.90 | -2.40 (-2.69 |
| QATI | 2.00 | 0.07 (3.62 |
30/06/2025
Aluminium Bahrain (Alba), the world's largest aluminium smelter on one site, has announced that it had achieved a major occupational safety milestone by clocking 37 million safe working hours without
Trade Arabia
30/06/2025
GWC has invested heavily in creating a seamless, integrated network that connects businesses across the GCC, noted Acting Group CEO Matthew Kearns.
GWC takes pride in being at the forefront
Gulf Times
30/06/2025
Doha Oasis and Ahlibank have joined hands in a strategic partnership that brings together two leading Qatari institutions in a collaboration designed to elevate the lifestyle experiences of Ahlibank
Gulf Times
30/06/2025
Media City Qatar and Commercial Bank have signed a service level agreement (SLA) to provide "streamlined banking support" for Media City Qatar's investors, and licensed companies.
This colla
Gulf Times
30/06/2025
Saudi Aramco has lowered its official selling prices for propane and butane for July 2025, reflecting changing global market dynamics.
In a statement released on Sunday, the oil giant set pr
Arab News
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