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FINANCIAL NEWS
Damaan Islamic Insurance Company reports USD7.68 million
04 Aug 2013
A profit in the first half of 2013 for Qatar-based Damaan Islamic Insurance Company was reported at USD7.68 million, versus USD2.7 million in the same period of last year, The Peninsula Qatar reported.
“The contributions of policyholders by the company increased 19 percent in H1 2013 compared to the same period in 2012.” Said Chairman Sheikh Jassim bin Hamad.
The company’s results in the first half will be an encouragement to achieve even more in the second half, he added.
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