Islami Bank approves 18pc dividend

The 31st Annual General Meeting (AGM) of Islami Bank Bangladesh Limited (IBBL) has approved 18 percent dividend comprising 10% stock and 8% cash for the Shareholders for the year 2013. The AGM was held at Bangabandhu International Convention Centre on Saturday (May 31, 2014).

final--AGM--2014Prof Abu Nasser Muhammad Abduz Zaher, Chairman of the Bank presided over the meeting. Yousif Abdullah Al-Rajhi and Engr. Mustafa Anwar, Vice Chairmen, Engr. Md. Eskander Ali Khan, Md. Abul Hossain, Dr. Areef Suleman, Mohammad Abdullah Al Jalahma, Repr. Kuwait Awqaf Public Foundation, Md. Abdus Salam FCA, FCS, Humayun Bokhteyar, ACPA, FCA, Prof. NRM Borhan Uddin, PhD, Barrister Mohammed Belayet Hossain, Directors, Mohammad Abdul Mannan, Managing Director, Prof. Dr. Abu Bakr Rafique, Member Secretary, Shariah Supervisory Committee along with shareholders and high executives of the Bank were present on the occasion.

The meeting also approved balance sheet upto 31st December 2013, Profit and Loss Account and Reports of the Directors and Auditors.

Four directors were elected in the meeting.