Islami Bank Bangladesh Limited approved 25% stock and 7% cash i.e. 32% in total Dividend for the Shareholders for the year 2011.
This dividend was approved in the 29h Annual General Meeting held on Tuesday, May 15, 2012 at Bangabandhu International Conference Centre, Dhaka. Presided over by Prof. Abu Nasser Muhammad Abduz Zaher the meeting approved balance sheet upto 31st December 2011, Profit and Loss Account and Reports of the Directors and Auditors.
Adbullah Abdul Aziz Al-Rajhi & Yousif Abdullah Al-Rajhi of Saudi Arabia, Prof. Abu Nasser Muhammad Abduz Zaher, Repr. of Ibn Sina Trust, Dr. Abdulhameed Fouad Al-Khateeb, Repr. of Arabsas Travel & Tourist Agency, Engr. Md. Eskander Ali Khan, Repr. of Al-Rajhi Co. for Industry & Trade Industrial Division, Riyadh, K.S.A, Mustafa Anwar, Repr. of the Public Institution for Social Security Kuwait, Md. Abul Hossain, Repr. of Investment Corporation of Bangladesh, Salahuddin Ahmed, Repr. of Kuwait Finance House were elected Directors.
Message from Dr. Ahmad Mohamed Ali, President, Islamic Development Bank was presented in the meeting by Hafizul Islam Mian, Director of the Bank. Dr. Ahmad Mohamed Ali in his message said, during the last 28 years Islami Bank has moved from strength to strength and has become a trusted name in Bangladesh. In addition to maintaining a successful operational track record, it has also been contributing actively towards the development of the Islamic Financial Industry as well as social services in Bangladesh. As a result, Islami Bank is now seen as a model institution locally and internationally.
IDB President said, recently Islami Bank has become an active player on the international scene through cross-border strategic alliances with Islamic Bakns in Asia and Afria. Such initiatives will have far reaching effects in the development and consolidation of the Global Islamic Financial Industry.
He reiterates that IDB remains commited to assisting the Government and People of Bangladesh in their efforts to achieve economic prosperity. He thanked the Government and Central Bank of Bangladesh Bank of Bangladesh for its continuing efforts and contribution in the development of the Islamic Financial Sector in Bangladseh. He wished success of IBBL and prosperity for the People of Bangladesh.
Prof. Abu Nasser Muhammad Abduz Zaher in his presidential speech said that IBBL has been able to keep its number one position in Deposit, Investment, Import, Export and Remmittance in the Banking sector of the country like the previous years. He thanked all the 16 crore people of the country including Shareholders, 60 lac depositors, 5 lac investment clients, well wishers and all the officials and employees of the Bank. He commented that the success of IBBL was possible to continue with the help of all.
He expected the help of all to keep continuity of success and progress of IBBL and to continue their prayer for the Bank. He said, the aim, motto, moral and ideology of all the Directors-Shareholders-Executives-Officials and Employees are same and unique. For which IBBL is now standing on a strong foundation. He said, all our effort is for the people of this country. For this, the Bank has become the Bank of all the mass people of the country irrespective of race, color and creed. This Bank has been working for the welfare of the people of the country.