4:34 pm - Monday October 18, 3171

SJIBL approves 13pc cash dividend

The 15th Annual General Meeting (AGM) and 12th Extra-ordinary General Meeting (EGM) of Shahjalal Islami Bank Limited (SJIBL) held on 26th June 2016 at RAOWA Convention Centre in Dhaka. The Chairman of the Board of Directors of the Bank Mr. A. K. Azad presided over the meeting. The meeting approved 13 percent Cash dividend for the shareholders for the year of 2015 and the Directors Report and Audited Balance Sheet and Profit and Loss Account for the year ended on 31December 2015 were unanimously approved by the AGM.

In the meeting the Chairman of the Bank Mr. A. K. Azad, the Managing Director Mr. Farman R AGM JPG- AChowdhury and Shareholders delivered their speech.

The Chairman of the bank Mr. A. K. Azad said, the entire index of Shahjalal Islami Bank Limited including deposit, investment as well as profit are in a stable position even prevailing severe competition in the banking sector. The banking activities of Shahjalal Islami Bank Ltd. have been moderated by the consequences of modern information technology. As a result the overall performance of the bank has reached in a pleasing position, he also added. A number of shareholders participated in the discussion and expressed their satisfaction at the overall performance of the Bank.

Among others Directors Mr. Mohammad Younus, Mr. Md. Abdul Barek, Mr. Akkasuddin Mollah, Mr. Engineer Md. Towhidur Rahman, Mr. Anwer Hossain Khan, Mr. Md. Sanaullah Shahid, Mr. Mohiuddin Ahmed, Mr. Khandoker Sakib Ahmed, Mr. Abdul Halim, Mr. Shams Uddin Khan, Mr. Fakir Akhtaruzzaman, Mr. M. Shamsul Huq, Independent Director Mr. Mosharraf Hossain, Managing Director Mr. Farman R Chowdhury, Member of Shahriah Council Mawlana Yusuf Abdul Majid, Deputy Managing Directors Mr. Md. Shahjahan Shiraj, Mr. M. Akhter Hossain and Mr. Abdul Aziz and General Shareholders were present in the meeting. The program was conducted by Mr. Md. Abul Bashar, VP and Company Secretary of the Bank.