Qatar Islamic Insurance Group Announces the results of the Ordinary General Assembly Meetings was held on Sunday 12.4.2020, the quorum was achieved and the following resolutions are approved :-

1- Approval of the report of the Board of Directors and their plans for the Year Ended 31.12.2019.

2- Approval of the report of the Shari'a Supervisory Board for the Year Ended 31.12.2019.

3- Approval of the report of the Independent Auditors for the Year Ended 31.12.2019.

4- Approval of the Policyholders and Shareholders' Financial Statements for the Year Ended 31.12.2019. And approved of the recommendation made by the Board of Directors to distribute cash dividends equaling 37,5 % of the shares nominal value i.e. QR 0,375 per share for the Year Ended 31.12.2019

5- Absolving the Board of Directors of all responsibility and granting there remunerations for the Financial Year 2019.

6- Approved of the report of the Governance for the year 2019.

7- Approved unanimously and with the total number authorized to vote the nine board members won by acclamation for a period of the next 3 years (2020 - 2022), and they are as the following :-

To view the members' names, click here

8- Approved the appointment of three members of Sharia Supervision Committee for the next 3 years (2020 - 2022), and they are as the following :-

 

* Sheikh Dr. / Ali Mohei El Din AL-Quradaghi - Head of Committee

* Sheikh Dr. / Yahya Hamad AL-Nuaimi - Board Committee

* Sheikh Dr. / Mohd Salem AL- Yafei - Board Committee

9- Approved appointing M/S. K P M G as the Company's new Independent Auditors for the Financial Year 2020.

The new board of directors held its first meeting directly after the end of Ordinary General Assembly Meeting, H.E.Sheikh Abdulla Bin Thani AL-Thani was chosen to be Chairman of the Board of Directors and Mr. A/Rahman A/Jalil AL-Abdulghani as Vice Chairman.