Doha Insurance plans revamp to create Sharia-compliant company
Doha Insurance is in talks with the Qatar Central Bank over the conversion of its Islamic branch, Doha Takaful, into a fully Shariah-compliant insurance company. The move is part of a restructuring and local and regional expansion plan. Doha Insurance's 2016 full-year net profit was QAR72m ($20m), 35% lower than the 2015 figure of QAR111m.

Doha Insurance is planning to convert its Islamic branch, Doha Takaful, into a full-scale Shariah-compliant insurance company as part of its overall restructuring in line with the expansion plans both locally and regionally.