QIIG achieves 4% growth in shareholders’ profits to QR75.72mn in 2020 ...Qatar

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QIIG achieves 4% growth in shareholders’ profits to QR75.72mn in 2020
*Qatar Islamic Insurance Group BOD has recommended distribution of profits at 32.5% to its shareholders and 15% surplus to policyholders   Qatar Islamic Insurance Group (QIIG) achieved a 4% growth in shareholders’ profits, totalling QR75.72mn in 2020 compared to QR72.67mn in 2019. The company’s financial statement was announced Sunday following the meeting of its Board of Directors, which was presided over by chairman Sheikh Abdullah bin Thani al-Thani. Expressing happiness that the group achieved a growth rate in the shareholders’ profits amounting to 4%, Sheikh Abdullah said the “realised growth in the surplus” reached 504% achieving a total of QR73.47mn in 2020 compared to QR12.17

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