Damaan Islamic Insurance Company (beema) · QSE:BEMA
Damaan Islamic Insurance Company (beema) — Q1 2025 Earnings Presentation
13 slides from Damaan Islamic Insurance Company (beema)'s earnings presentation, April 2025
Slide 1: Q1 2025 Financial Results Presentation
Damaan Islamic Insurance Company – Beema (Q.P.S.C.) Q1 2025 Financial Results Presentation
Slide 2: Q1 2025 key financial performance highlights
Q1 2025 key financial performance highlights • New AAOIFI Standard FAS 43 in relation to Takaful & Re-takaful arrangements implemented w.e.f. 01Jan2025 • Significant increase in Recognised Takaful Contributions and Shareholders Net Profit Recognised Takaful Shareholders’ Total net investment Investm
Slide 3: Beema at a glance
Beema at a glance One of Qatar’s largest and most innovative providers of Takaful insurance Who we are 1 Sector leader in Qatar 2 Shari’a-compliant business model 3 Listed on the QSE Main Market ▪ Islamic insurance company established in ▪ Wakala / Mudarib Takaful model 2009 with a share capital of
Slide 4: Beema's key investment highlights
Beema’s key investment highlights Strong operational and financial performance – well positioned to capitalize on the increasing demand in Islamic insurance solutions and growth opportunities in Qatar and the region Leading position within the Islamic insurance sector 1 Beema has been one of the lar
Slide 5: Comprehensive service offerings
Comprehensive service offerings Wide variety of insurance coverage distributed through multiple, innovative channels Takaful insurance key features Takaful & Health Motor, Marine & Aviation 27% Motor Aviation Pleasure Crafts Group Credit Life Group Medical Car Travel Marine Loan non-repayment Health
Slide 6: Overview of FAS 43 compliant Takaful Contributions & Gross Margin
Overview of FAS 43 compliant Takaful Contributions & Gross Margin 30% YoY growth in Recognised Takaful Contributions reaching QAR 115 Mill during Q1 2025, coupled with strengthened net underwriting results Recognised Takaful Contributions (QAR Mill) Q1 2025 – YoY changes: 150 +6% 115 100 81 89 4 100
Slide 7: Shareholders' income & net profit
Shareholders’ income & net profit 27% YoY increase in total shareholders’ income coupled with a net profit increase of 48% YoY to reach QAR 24 Mill Total income to shareholders (QAR Mill) 8%1% 11% 11% 1% 13% Wakala fees +19% + 27% YoY Q1 2024 Net income from Q1 2025 QAR 31 mm shareholders’ +49% QAR
Slide 8: Investment performance
Investment performance 71% YoY increase in net investment income to QAR 12 Mill during Q1 2025 Net investment income & investments held at fair value (QAR Mill) Investments at fair value Total Total Total Total 47% 46% 45% 45% QAR 53% QAR QAR QAR 54% 55% 55% 838 mm 920 mm 744 mm 842 mm Incl. leverag
Slide 9: Capital structure
Capital structure Beema maintained a strong capital structure, remaining debt-free as of Q1 2025 Policyholders’ and Shareholder’s equity (QAR Mill) 681 Shareholders’ +12% equity 604 Policyholders’ +17% equity 544 487 20% 80% 117 137 Q1 2024 Q1 2025 Policyholders' equity Shareholders' equity Damaan I
Slide 10: Key ratios and capital adequacy
Key ratios and capital adequacy Stable takaful costs to contribution, coupled with growing takaful gross margin during Q1 2025. Healthy solvency maintained Key performance ratios (as a proportion to recognized Takaful Capital requirements & solvency ratio (QAR Mill) Contribution) 900 400% 77% 77% 36
Slide 11: Beema historical financial performance details
Beema historical financial performance details Key financial information highlights Selected Income and Cash Flow Statement Items (QAR Mill) Selected Balance Sheet Items (QAR Mill) For the year 3 months ended 31 March As at 31 As at 31 2025 2024 March December Policyholder’s Income Statement 2025 20
Slide 12: Beema listing and shareholding information
Beema listing and shareholding information Beema’s shares began trading on the Qatar Stock Exchange on 16 January 2023 General information Shareholding structure Damaan Islamic Insurance Company Barwa Real Estate Company Company name "Beema" 15% 25% Qatar Islamic Bank QSE Ticker BEMA Qatar Insurance
Slide 13: Important Information
Important Information This presentation has been prepared by Damaan Islamic Insurance Company “Beema” (Q.P.S.C.) (the “Company”) for informational purposes only. This presentation does not constitute an offer or invitation or solicitation of any offer to subscribe for or purchase any shares or other
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