IBBL AGM approved 20 pc cash dividend

Engr. Mustafa Anwar, chairman of IBBL presides over the 33rd Annual General Meeting of Islami Bank Bangladesh Limited held recently. Mohammad Abdul Mannan, Managing Director and Sheikh Moulana Mohammad Qutubuddin, Chairman of the Shari`ah Supervisory Comm
Engr. Mustafa Anwar, chairman of IBBL presides over the 33rd Annual General Meeting of Islami Bank Bangladesh Limited held recently. Mohammad Abdul Mannan, Managing Director and Sheikh Moulana Mohammad Qutubuddin, Chairman of the Shari`ah Supervisory Comm
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Economic Reporter :
Islami Bank Bangladesh Limited (IBBL) approved 20 percent cash dividend for the shareholders for the year 2015, according to a press release.
The dividend was approved in the 33rd Annual General Meeting (AGM) of the Bank held on recently in the city.
The meeting approved the balance sheet ended at 31st December 2015, profit and loss account and reports of the Directors and Auditors of the Bank. Engr. Mustafa Anwar, chairman of the bank presided over the meeting. Mohammad Abdul Mannan, Managing Director & CEO and Sheikh Moulana Mohammad Qutubuddin, Chairman of the Shari`ah Supervisory Committee along with directors from home & abroad and shareholders of the bank were present in the meeting.
Dr. Areef Suleman, representative of IDB was reelected and A N M Sayeedul Haque Khan was elected directors in the meeting. Besides, the meeting approved the appointments of Professor Dr. Qazi Shahidul Alam, Major General (Retd.) Engr. Abdul Matin and Md. Syful Islam, FCA, FCMA as shareholder directors while M. Azizul Huq, Professor Syed Ahsanul Alam, Helal Ahmed Chowdhury, Shamim Mohammed Afzal, Md. Abdul Mabud, P.P.M., Mohammed Humayun Kabir, FCA, Borhan Uddin Ahmed and Dr. Md. Zillur Rahman as Independent Directors.
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