Islamic Insurance Net Profit Rose to QR41.11
Million in 1st Half of 2018
July 30, 2018
Qatar Islamic Insurance’s net profit amounted
to QR41.11 million in first half of 2018, compared to QR36.06
million for the same period last year, while its earnings per
share reached QR2.74, versus QR2.40.
The Group’s Comments:
Qatar Islamic Insurance’s total revenues
climbed by 12.4% to QR60.8 million in the first half of 2018, of
which QR50.5 million were generated from insurance brokerage
fees, and QR4.30 million from rents. Expenditures remained
relatively stable at QR16.7 million with a slight increased. As
a result the net income rose by 13.9% to QR41.1 million.
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