AIBL approved 17pc dividend

Abdus Samad Labu, Chairman, Board of Directors of Al-Arafah Islami Bank Limited, presiding over its 334th meeting at the Bank's head office in the city on Wednesday. Md. Abdus Salam, Vice Chairman, Hafez Md. Enayetullah, Md Liakat Ali Chowdhury, members
Abdus Samad Labu, Chairman, Board of Directors of Al-Arafah Islami Bank Limited, presiding over its 334th meeting at the Bank's head office in the city on Wednesday. Md. Abdus Salam, Vice Chairman, Hafez Md. Enayetullah, Md Liakat Ali Chowdhury, members
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Business Desk :
Al-Arafah Islami Bank Limited (AIBL) has recommended 15 percent Cash and 2 percent Stock Dividend for the year ended on 31st December 2018. The decision was taken in the 334th meeting of the Board of Directors of the Bank, held at the Banks head office in the city on Wednesday while Abdus Samad Labu, Chairman of the Board presided over the meeting. The meeting also decided that the 24rd Annual General Meeting (AGM) of the Bank would be held on 22 June 2019 and Record Date will be 19 May this year, said a press release.
Md. Abdus Salam, Vice-Chairman, Hafez Md. Enayetullah, Md Liakat Ali Chowdhury, Md. Amir Uddin PPM, Nazmul Ahsan Khaled, Abdul Malek Mollah, Md. Harun-Ar-Rashid Khan, Md. Anowar Hossain, Engr. Kh. Mesbah Uddin Ahmed, Ahamedul Hoque, ANM Yeahea, Niaz Ahmed, Dr. Md. Shafiul Haidar Chowdhury, Anowar Hossain, Khalid Rahim, M. Kamaluddin Chowdhury, members of the board, Forman R Chowdhury, Managing Director and CEO, Md. Mahmudur Rahman, Senior Executive Vice President and Company Secretary and other senior executives of the Bank were also present in the meeting.
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