Islami Bank Bangladesh Limited approved 25% dividend for the shareholders for the year 2012.The dividend comprising 17% stock and 8% cash was approved in the 30th Annual General Meeting of the Bank held at Bangabandhu International Conference Centre on Wednesday, said a press release.
Presided over by Prof. Abu Nasser Muhammad Abduz Zaher, Chairman of the Bank, the meeting also approved the balance sheet up to 31st December 2012, Profit and Loss Account, Reports of the Directors and Auditors of the bank and minutes of the last annual general meeting.
Yousif Abdullah Al- Rajhi, Vice Chairman of the Bank from KSA, Dr Abdul Hamid Fuad Al Khatib, Director of IBBL from KSA, Dr Areef Suleman, representative of Islamic Development Bank and Mohammad Abdullah Al Jalahma, representative of Kuwait Awqaf Public Foundation, among others, addressed at the function.
Mohammad Abdullah Al Jalahma, representative of Kuwait Awqaf Public Foundation and Dr Areef Suleman, representative of Islamic Development Bank, were elected new Directors in the meeting.
Source:UNB Connect
