From Zawya.com: Qatar’s largest Islamic insurer, Islamic Insurance (QIIC) posted a net profit of QR 30.13m in the first half of this year compared to QR 18.17m in the corresponding period in 2009, showing an impressive 66 percent growth. The company’s earnings amounted to QR 2.01 compared to QR1.21 in the first half of June 2009.
Jassim Ali Al Saadi, General Manager of Islamic Insurance said at a news conference, also attended by Zaki Khamis Akila, the company’s Finance Manager that the H1 results have been remarkable with income from investments in insurance activities increasing by 49 percent on the same period last year……………………………………….Full Article: Source