IBBL board recommends 10% cash dividend for shareholders

The Board of Directors of Islami Bank Bangladesh Limited has recommended a 10% cash dividend for the shareholders for the year 2020 subject to the approval of the 38th Annual General Meeting of the Bank. The decision was taken in a virtual meeting of the board of directors on Tuesday, 27 April 2021 with its Chairman Professor Md. Nazmul Hassan, PhD in the chair.Yousif Abdullah Al-Rajhi and Md. Shahabuddin, Vice Chairmen, Dr. Areef Suleman, representative of Islamic Development Bank, other Directors, Mohammed Monirul Moula, Managing Director and CEO and J.Q.M. Habibullah, FCS, Deputy Managing Director and Company Secretary of the bank attended the meeting.
The Board also decided to hold the 38th Annual General Meeting of the Bank on 27 June 2021, Sunday. The record date for entitlement of dividend has been fixed on 20 May 2021, Thursday. The meeting also adopted unaudited financial statements for the first quarter ended on 31 March 2021. – Press release