IFIL approves 12pc dividend

FE Team | Published: May 15, 2015 00:00:00 | Updated: November 30, 2026 06:01:00

The 14th AGM of Islamic Finance and Investment Limited was held in the city Thursday. Chairman of IFIL KBM Moin Uddin Chisty presided over the meeting.

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.