IBBL approves 18pc dividend

The Islami Bank Bangladesh Limited in its 31st Annual General Meeting (AGM) approved 18pc dividend comprising 10pc stock and 8pc cash for the Shareholders for the year 2013, according to a news agency.
The meeting also approved balance sheet upto 31st December 2013, profit and loss account and reports of the directors and auditors. Four directors were elected in the meeting.
The AGM held at the Bangabandhu International Convention Centre Saturday where Chairman of the Bank Prof. Abu Nasser Muhammad Abduz Zaher, presided over the meeting.
Yousif Abdullah Al-Rajhi and Engr. Mustafa Anwar, Vice Chairmen, Engr. Md. Eskander Ali Khan, Md. Abul Hossain, Dr. Areef Suleman, Mohammad Abdullah Al Jalahma, Repr. Kuwait Awqaf Public Foundation,  Md. Abdus Salam, Humayun Bokhteyar, Prof. NRM Borhan Uddin,Barrister Mohammed Belayet Hossain, Directors, Mohammad Abdul Mannan, Managing Director, Prof. Dr. Abu Bakr Rafique, Member Secretary, Shariah Supervisory Committee along with shareholders and high executives of the Bank were present on the occasion.