OREANDA-NEWS.  Qatar Islamic Insurance Company announced the resolutions of ordinary General Assembly Meetings held on Monday, April 11, 2016, where the following resolutions have been taken:

 The following are the resolutions that the AGM unanimously passed :- 

1-           Approval of the reports of the Shari''''a Supervisory Board and Independent Auditors on the Company''''s Financial Statement for the Year Ended 31.12.2015. 

2-           Approval of the Policyholders and Shareholders'''' Financial Statements for the Year Ended 31.12.2015. 

3-           Approval of the recommendation made by the Board of Directors to distribute cash dividends equaling 40 % of the shares nominal value i.e. QR 4 per share for the Year Ended 31.12.2015. 

4-           Absolving the Board of Directors of all responsibility and granting each Board Member QR 281,154 as remunerations for each member with a total QR 3,373,844  for the Financial Year 2015. 

5-           Approval of the report of the Governance for 2015. 

6-           Appointing K.P.M.G. as the Company''''s new Independent Auditors and determining their audit fees at QR 115,000 ( One Hundred Fifteen Thousand Qatari Riyal ) for the Financial Year 2016 . 

Due  the  Extordinary  General  Assembly  Meeting  of  the  QIIC  was  not achieved the necessary  quorum  so  the next  meeting will be held Wednesday 20.4.2016 at Al-Rayyan Hall in Sheraton Hotel at 5.30 pm.