03 February 2009
AMMAN (Petra) - The Islamic Insurance Company posted JD7.5 million pretax profit last year compared to JD1.1 million in 2007, according to the company's Chairman Musa Shehadeh. The company also managed to bring up its assets last year by 24 per cent, to JD23.6 million from JD19 million in 2007.
Shareholders equity went up by 30 per cent to JD15.6 compared to JD12 million. The company has recommended the distribution of 15 per cent in cash dividends and distributing bonus shares at a rate of 20 per cent of its JD10 million paid-up capital.
AMMAN (Petra) - The Islamic Insurance Company posted JD7.5 million pretax profit last year compared to JD1.1 million in 2007, according to the company's Chairman Musa Shehadeh. The company also managed to bring up its assets last year by 24 per cent, to JD23.6 million from JD19 million in 2007.
Shareholders equity went up by 30 per cent to JD15.6 compared to JD12 million. The company has recommended the distribution of 15 per cent in cash dividends and distributing bonus shares at a rate of 20 per cent of its JD10 million paid-up capital.
© Jordan Times 2009
