Qatar: QIIC and Alkhaleej maintain profitability in 2024

Source: Middle East Insurance Review | Mar 2025

Qatar Islamic Insurance Company (QIIC) has disclosed its interim annual financial statement of 2024 which revealed a net profit of QAR143.7m ($39.5m) in comparison to QAR142.8m achieved in the same period of the previous year. The earnings per share (EPS) for the same period amounted to QAR0.96 versus QAR0.95.

The board of QIIC recommended distributing cash dividends of 50% from the share per value (QR0.50) for each share for 2024.

Alkhaleej Takaful Insurance (Alkhaleej Takaful) interim financial statement for 2024 has showed a net profit of QAR75.7m in comparison to QAR 64.6m for the same period of the previous year, a 17.2% increase. EPS amounted to QAR0.297 as of 31 December 2024 versus QAR0.253 for the same period in 2023.

Alkhaleej Takaful’s board of directors recommended a distribution of 15% cash dividend of capital equivalent to QAR0.15 per share, pending the approval of Qatar Central Bank and the general assembly. M

Comment | Print

Name*

Email*

Comment*

Code Verification*

Enter the code shown above in the box below.

Note that your comment may be edited or removed in the future, and that your comment may appear alongside the original article on websites other than this one.