Amman-Mubasher: The Islamic Insurance Company shareholders approved a cash dividend representing 7.5% of the capital, according to a filing to Amman Stock Exchange (ASE).

The company’s retained earnings before dividends reached around JOD 3.85 million in 2014, accounting for 32% of the capital. Its profit grew by 8% to JOD 1.08 million in 2014, compared to around JOD 1 million in 2013.

Islamic Insurance’s capital amounts to JOD 12 million at JOD 1 par value each.