The Board of Directors of Islami Bank Bangladesh Limited has recommended 10% cash dividend for the shareholders for the year 2020 subject to approval of the 38th Annual General Meeting of the bank.
The Board decided to hold 38th Annual General Meeting of the Bank on 27 June 2021, Sunday.
The decision was taken in a virtual meeting of the board of directors on Tuesday. Chairman Professor Dr Md Nazmul Hassan presided over the meeting.
Yousif Abdullah Al-Rajhi and Md Shahabuddin, vice chairmen; Dr Areef Suleman, representative of Islamic Development Bank; other Directors; Mohammed Monirul Moula, MD and CEO; and JQM Habibullah, FCS, deputy managing director and company secretary of the bank attended the meeting.
The Record date for entitlement of dividend has been fixed on May 20, 2021. The meeting also adopted unaudited financial statements for the first quarter ended on March 31, 2021.