Damaan Islamic Insurance Company: The AGM Endorses Items on It's Agenda

Damaan Islamic Insurance Company announces the results of the AGM. The meeting was held on 18/02/2025 and the following resolution were approved 1- Approval of the Board of Directors' report on the company's activities and financial position for the year ending December 31, 2024, and the company's future plan. 2- Approval of the auditors' report on the financial statements for the year 2024. 3- Approval of the Shariah Supervisory Board's report for 2024. 4- Approval of the company's balance sheet and profit and loss account for 2024. 5- Approval of profit distribution for 2024 for shareholders and surplus from insurance operations for policyholders. 6- Discharge of the Board of Directors and approval of their compensation for 2024 (subject to approval by the Qatar Central Bank). 7- Approval of the Governance Report for 2024. 8- Approval of the major transactions and related party transactions entered into by the company during the fiscal year ending December 31, 2024. 9-Continuation of appointing Deloitte & Touche as auditors for the fiscal year 2025, with a fee of QAR 987,000. .