Mubasher: Qatar Islamic Insurance Company (QISI ) on Monday announced that the its extraordinary general assembly has approved the necessary amendments to the Articles of Association of the Company to comply with the corporate governance, in addition to other legal entities listed in the main market.
The company amended 37 articles, as the adjustments included addition and deletion, according to a statement to the Qatar Stock Exchange (QSE).
The assembly also assigned QISI’s chairman or his deputy to sign separately the company’s amended Articles of Association.
The chairman or his deputy are also allowed to take all the necessary procedures to complete publications of amendments in the Official Newspaper.
It is worth noting that the insurance company’s profits rose 1.76% to QAR 23.11 million for the first quarter of 2018, from QAR 22.71 million in Q1-17.
