Qatar Islamic Insurance net profit in 2020 increases 4% to 75.72 million riyals and recommends a cash dividend of 32.5% (0.325 riyals per share)

28-02-2021


Qatar Islamic Insurance Company announced the annual financial statements for the period ending on December 31, 2020, where the net profit amounted to 75.72 million riyals, an increase of 4% compared to a net profit of 72.67 million riyals for the same period of the previous year.
Earnings per share amounted to 0.50 riyals in the annual year of December 31, 2020, compared to 0.48 riyals per share for the same period of the previous year.
The Board of Directors also decided to raise a recommendation to the general assembly to distribute cash dividends to shareholders at a rate of 32.5% of the nominal value per share at a rate of 0.325 riyals per share.


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