Announcement of the Invitation to Shareholders to Attend the Ordinary & Extraordinary General Assembly meeting of Qatar Islamic Insurance Group
Announcement of the Invitation to Shareholders to Attend the Ordinary & Extraordinary General Assembly meeting of Qatar Islamic Insurance Group
(a Company Listed on the Qatar Stock Exchange)
QR 150 Million Full Paid up Capital
CR 16584 – P. O. Box 22676 – Doha – Qatar
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Group Details
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| Name
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Qatar Islamic Insurance Group |
| Address
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Al Hilal, C Ring Road, Area No. 42, Street No. 290, Building No. 211
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| Website
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www.qiic.com.qa |
| Name of staff in charge
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Mr. Waleed Ibrahim Abu Arjah |
| Telephones
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5554 6307 – 4465 8808 |
| Email for staff in charge
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waleed@qiic.com.qa
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We hereby Qatar Islamic Insurance Group have the honour to invite the esteemed shareholders to attend the Ordinary General Assembly meeting of the Group, which shall be held at Monday on 30.3.2026 at 6 pm, in Head Office at C Ring Road. Meeting shall be attended only via zoom application.
We are also pleased to invite the esteemed shareholders to attend the Extraordinary General Assembly meeting, which will be held at Monday on 30.3.2026 at 6 pm, in Head Office at C Ring Road, at the same location and using the same electronic application.
The second alternative date for the two meetings, in the event that the legal quorum is not met, it will be at 6:00 PM on Sunday, 5/4/2026, in the same place and manner.
The meeting shall cover the following agenda :
AGENDA FOR ORDINARY GENERAL ASSEMBLY MEETING :-
| 1- | To hear and discuss the report of the Board of Directors on the activities of the Group and the financial position for the year ended 31.12.2025 for the Group and approve it.
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| 2- | To hear the report of the Shari’a Supervisory Board for the Financial year ended 31.12.2025 and approve it.
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| 3- | To hear and discuss the Independent Auditors’ report on the Group’s statements presented by the Board of Directors and his report on the internal control over financial reporting and the compliance with the principles of governance for the Financial Year ended 31.12.2025 and approve it, and also discussing transaction with related parties.
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| 4- | To discuss the Group Policyholders and Shareholders’ financial statements for the year ended 31.12.2025 and to approve the recommendation made by the Board to Distribute cash dividend of 50 % of the share’s nominal value, i.e. QR 0,50 for each share held, to the shareholders for 2025 and approve it.
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| 5- | To absolve the Board of Directors from responsibility for the Financial year ended 31.12.2025 and to determine their remuneration for the year 2025, ( Subject of the approval of Qatar Central Bank )
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| 6- | Discuss the report of the Governance 2025 and approve it .
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| 7- | Opening the door to receive questions, inquiries, and topics not included on the agenda from the shareholders.
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| 8- | The shareholders were informed that the Nominations, Remuneration and Incentives Committee had conducted an evaluation of the Board of Directors for the year 2025 and that the result of the evaluation was “Excellent”. The Board of Directors also conducted an evaluation of its committees and expressed its complete satisfaction with the work of these committees for its work for the year 2025. These evaluations were conducted based on the approved policy for that.
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| 9- | Election and approval of 9 Board of Directors members) 6 non-independent seats and 3 independent seats ) for the next 3 years term (2026, 2027, 2028. The secret ballot voting process and as per the cumulative voting method, according to which the winning candidate shall be selected along with the number of votes.
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| 10- | Discussing and approving the appointment of three members to the Sharia Supervisory Board for the next 3-year period (2026, 2027, 2028) and authorizing the Board of Directors to determine their annual remuneration. The candidates are:
1- Sheikh Dr. / Walid Mohd Hadi – Head of the Sharia Supervisory Board 2- Sheikh Dr. / Abdul Aziz K. Al Qassar – Member 3- Sheikh Dr. / Mohd Ehmein – Member
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| 11- | To appoint the Independent Auditors for the Financial year 2026 and to determine their fees and approve it.
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AGENDA FOR EXTRAORDINARY GENERAL ASSEMBLY MEETING
| 1- | Discuss and approve of the Board of Directors’ recommendation to amend the Articles of Association in order to reconcile the Group’s situation into compliance with the Qatar Financial Markets Authority Board of Directors Resolution No. (5) of 2025 issuing the Corporate Governance System for Listed Companies in accordance with the new governance system, ( a list of the articles to be amended shall be publish in the website after CBQ approval ) .
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| 2- | Discuss and approve to authorize the Chairman of the Board or his deputy individually to adopt and sign the amended Articles of Association at concerned department at the Ministry of Justice and the Companies Affairs Department at the Ministry of Commerce and Industry or any ministry in the State of Qatar or any government entity to complete the required amendments in accordance with the new governance system issued by the Qatar Financial Markets Authority. The Chairman of the Board may authorize any member of the Board of Directors, the Group President, or the Secretary of the Board individually to sign the amended Articles of Association at concerned department at the Ministry of Justice and the Companies Affairs Department at the Ministry of Commerce and Industry or any Authorities in this regard.
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ALL ABOVE AGENDA FOR ORDINARY & ESTRAORDINDAY GENERAL ASSEMBLY MEETING ARE SUBJECT TO THE APPROVAL FROM QATAR CENTRAL BANK
| NOTES |
– If a shareholder is unable to attend in person, he may appoint another shareholder to attend the meeting on his
behalf by proxy, provided the proxy does not exceed 5 % of the paid-up capital .
– If the shareholder is a company or bank, they must provide a letter of authorization authorizing their representative
to attend the meeting on their behalf .
– Registration will begin one hour before the meeting starts .
Jamal Abdulla Al Jamal Chairman