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IFIL recommends 14.50pc cash dividend

March 16, 2018 00:00:00


Chairman of Islamic Finance and Investment Limited (IFIL) Abul Quasem Haider presiding over the board meeting of IFIL at its head office in the city recently in presence of Managing Director and CEO AKM Shahidul Haque

A board meeting of Islamic Finance and Investment Limited (IFIL) has recommended 14.50 per cent cash dividend for the year ended on December 31, 2017.

The 231st meeting of the board of directors of the company was held at its boardroom in the city recently, according to a statement and DSE online.

The AGM of the company will be held on April 25, 2018 at 10:30 am at Institution of Diploma Engineers' Bangladesh (IDEB), 160/A, Kakrail, Dhaka-1000. The record Date is on April 05, 2018 has also reported EPS of Tk. 1.81, NAV per share of Tk. 14.29 and NOCFPS of Tk. 16.54 for the year ended on December 31, 2017 as against Tk. 2.07 (restated), Tk. 12.74 (restated) and Tk. 12.40 (restated) respectively for the year ended on December 31, 2016.

Abul Quasem Haider, chairman of the board of directors of IFIL, presided over the meeting that approved a number of investment proposals.

Among others, Vice Chairmen of the board Afzalur Rahman and Hossain Mahmud, directors Feroz Alam, Kazi Mahbuba Akhter, Anis Salahuddin Ahmed, S M Bakhtiar Alam, independent directors Professor Dr. Gazi Md. Ahsanul Kabir and Professor Dr. Md. Jahangir Alam, Managing Director and CEO AKM Shahidul Haque were present in the meeting.


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