Qatar Islamic Insurance Group (QISI)
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Qatar Islamic Insurance Group Profile
| Insurance Industry | Financials Sector | Mr. Ali Ibrahim Al Abdul Ghani CEO | DSM Exchange | - ISIN |
| Qatar Country | - Employees | - Last Dividend | 30 Jun 2019 Last Split | - IPO Date |
Overview
Qatar Islamic Insurance Group Q.P.S.C., originally known as Qatar Islamic Insurance Company Q.P.S.C., was established in 1993 and has its headquarters in Doha, Qatar. It specializes in providing a wide array of insurance products and services guided by Islamic principles, catering to both individual and corporate clients. The company operates through four main segments: Takaful, Investment, Real Estate, and Unallocated, indicating its diversified business structure. Its client base spans private and public sectors, including government offices, banking institutions, hotels, and other significant organizations, as well as infrastructure projects, underscoring its pivotal role in Qatar's insurance industry.
Products and Services
The company's portfolio includes a broad spectrum of insurance products, detailed as follows:
- Personal Insurance Products:
These cater to individual needs, including motor, medical, travel, domestic, home, yacht, and boat insurance, ensuring personal assets and health are well-protected.
- Corporate Insurance Products:
Designed for business entities, offerings include fire and property, general accident, corporate liability, engineering, marine cargo, marine hull, energy, motor fleet, group medical, and group life insurance. This comprehensive suite addresses the varied needs of businesses, from asset protection to employee welfare.
- Takaful Insurance Products:
Being integral to its operations, the Takaful segment provides Sharia-compliant insurance options, reinforcing the company's commitment to Islamic insurance principles.
In addition, the company engages in investment activities, allocating capital and other resources to related sectors. This strategic diversification reflects its aim to maximise shareholder value and support sustainable growth.
