QIIC – Qatar Islamic Insurance Company QPSC


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1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL

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Company Profile

Qatar Islamic Insurance Company QPSC is a Qatar-based company engaged in the business of underwriting general, Takaful (Life) and health non-interest insurance in accordance with the Islamic Sharia. The Company’s products are structured into 11 divisions: the Motor insurance division includes motor compulsory insurance, motor optional insurance, motor comprehensive insurance (Al Ashmal) and road travelers orange card; the Marine insurance division includes marine cargo insurance, marine hull insurance, aviation hull insurance and freight insurance; the Engineering insurance division provides coverage for contractors engaged in building projects, such as roads, residential and commercial complexes, ports and tunnels power stations, among others; Fire Insurance; General Accident insurance; Personal & Professional Liability Insurance; Takaful (Life) Insurance; Balsam Medical Insurance; Program Heya; Money/Bankers Insurance, and Electronics & Computer Hardware/Software Insurance.

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