AIBL recommends 15pc dividend

Al-Arafah Islami Bank Ltd (AIBL) has recommended 12% Cash Dividend and 3% Stock Dividend for the year ended on 31st December 2022 subject to the approval of the BSEC and 28th Annual General Meeting (AGM). The decision was taken in the 386th meeting of the Board of Directors of the Bank, held on Sunday April 30, 2023. Alhajj Salim Rahman Chairman of the Board presided over the meeting. The 28th Virtual Annual General Meeting (AGM) of the Bank will be held on 16th August 2023 and Record Date will be 12th June 2023.

Vice Chairman of the Board Alhajj Abu Naser Mohammad Yeahea, Executive Committee Chairman Alhajj Abdus Samad Labu, Executive Committee Vice Chairman Mohammad Abdus Salam, Risk Management Committee Chairman Badiur Rahman, Audit Committee Chairman Mahbubul Alam, Directors Alhajj Nazmul Ahsan Khaled, Alhajj Abdul Malek Mollah, Alhajj Hafez Md. Enayetullah, Alhajj Ahamedul Hoque, Alhajj Niaz Ahmed, Alhajj Mohammed Emadur Rahman, Alhajj Engr. Kh. Mesbah Uddin Ahmed, Alhajj Liakat Ali Chowdhury, Alhajj Md. Anowar Hossain, Alhajj Nasir Uddin, Alhajj Md. Rafiqul Islam, Anowar Hossain, M Kamal Uddin Chowdhury, Md. Abdul Hamid Miah, Managing Director and CEO Farman R Chowdhury, SAVP and  Company Secretary Mohammed Nizam Uddin Bhuiyan and other Senior Executives were present in the meeting.