Damaan Islamic Insurance Company, the Qatari takaful insurer known as Beema, said net profit rose 16.05% to QR91.53 million in the first nine months of 2026, from QR78.87 million a year earlier.
Recognized takaful contributions increased 24.2% to QR513.7 million in the period ended September 30, from QR413.4 million a year earlier, according to financial statements the company sent to the Qatar Stock Exchange on Monday, as reported by Mubasher. Reuters also reported the nine-month profit of QR91.5 million.
Net investment income rose 24.5% to QR45.8 million from QR36.7 million. Earnings per share were QR0.46, compared with QR0.39.
The company attributed the growth in shareholders’ profit to higher wakala fee income and investment income, along with lower general and administrative expenses.
The total takaful margin fell to QR13.8 million from QR17.5 million, reflecting higher takaful costs, particularly claims in the motor, fire and general accident lines.
Total comprehensive income for shareholders was QR75.1 million, compared with QR87.6 million, after a QR16.5 million decline in the fair value of sukuk investments recognized in other comprehensive income.
Shareholders’ equity rose 6.5% to QR644.3 million at the end of September from QR605.2 million. Investments measured at fair value increased 6.1% to QR1.009 billion from QR951.7 million.
Beema reported in the first half of 2026 that shareholders’ net profit rose 16.2% to QR61.5 million, from QR53 million a year earlier.
 posted nine-month 2026 net profit of QR91.53 million, up 16.05%, as takaful contributions rose 24.2% to QR513.7 million.){kind=link}