Qatar Islamic Insurance Company disclosed the interim financial statement for the three month period ended March 31, 2011. The financial Statements reflects that the Company achieved shareholders' net profit of QR 21.5 Million representing Earnings Per Share of QR 1.43 for the first quarter 2011 against QR 14.3 Million and QR 0.95 Earnings per share respectively for the corresponding period in 2010 with an increase of 50% comparing with the same period for the last year 2010.