Takaful insurance companies post QR335m profit, up 2.7% in 2025
<p>Doha, Qatar: A report on Islamic finance in the State of Qatar, issued by Bait Al-Mashura Finance Consultations, revealed that Takaful insurance companies generated profits attributable to shareholders of QR335m in 2025, representing a growth rate of 2.7% compared with 2024.</p> <p>Qatar Islamic Insurance Company recorded the highest growth in profits reaching approximately QR153m, an increase…
In Qatar, Takaful insurance companies posted a profit of QR335 million in 2025, marking a 2.7% increase from the previous year. Qatar Islamic Insurance Company led the growth, with profits rising by 18.8% to approximately QR153 million. Damaan Islamic Insurance Company "Beema" saw a 12.9% increase in profits. From 2021 to 2025, Takaful insurance companies experienced an average compound annual growth rate (CAGR) of 11.1%, with Beema recording the highest at 13.5%.
The assets of these companies grew by 5.9% in 2025 to QR4.7 billion, with Damaan Islamic Insurance Company "Beema" achieving the highest asset growth at 20.3%. Over the same period, the assets of Takaful insurance companies grew at a 1.1% CAGR. Policyholders' assets at Islamic Takaful companies hit QR2.1 billion in 2025, a 5% rise from 2024, with Beema leading in growth at 24.1%.
Insurance contributions in Qatar rose by 4.1% in 2025 to around QR2 billion, with Beema again leading at 28.3%. The report also noted that Takaful insurance companies' operating results varied in 2025, with Qatar Islamic Insurance Company recording the highest insurance surplus at QR22.5 million.
Written by urgent.news from The Peninsula Qatar Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
