IFIL approves 12pc dividend

Islamic Finance and Investment Limited (IFIL) has approved 12 per cent dividend (8 per cenr Cash and 4 per cent Stock) for its shareholders for the year ended on 31st December, 2014 in its 14th Annual General Meeting (AGM) held in the city Thursday, said a press release.
Chairman of IFIL KBM Moin Uddin Chisty presided over the meeting. IFIL Vice-chairman Anwar Hossain Chowdhury, Audit Committee Chairman Prof Dr Gazi Md Ahsanul Kabir, company's directors including IFIL's Managing Director (MD) M Rabiul Islam, DMD & CFO Quazi Aziz Arshad, EVP & Company Secretary Rezauddin Ahmed attended in the meeting.
Financial statements of the company for the year ended on 31 December 2014 were placed in the meeting and the shareholders made a critical review of the performance and expressed their satisfactions of the company. In his speech, the chairman expressed his satisfaction on the overall performance of IFIL.