The Islamic Insurance Co announced its financial statement which showed that profits during the first half of 2014 declined by 4.9% to JOD 826.5 thousand against JOD 869.7 thousand during the same period of 2013.

Earnings per share (EPS) declined during the first half of 2014 to JOD 0.069 against JOD 0.072 during the same period of 2013.

The financial statement stated that the company’s profits declined as a result of increasing spending by JOD 1.32 million during the first half of 2014 against JOD 1.3 million during the same period of 2013.