Dhaka, Bangladesh (BBN)– Islami Bank Bangladesh Limited (IBBL) has approved 25 percent stock and 7.0 percent cash i.e. 32 percent in total dividend for the shareholders for the year 2011.
This dividend was approved in the 29h Annual General Meeting held on Tuesdayat Bangabandhu International Conference Centre in the capital Dhaka with its Chairman Professor Abu Nasser Muhammad Abduz Zaher in the chair.
The meeting also meeting approved balance sheet up to 31st December 2011, profit and loss account and reports of the directors and auditors, the IBBL said.
Message from Dr. Ahmad Mohamed Ali, President, Islamic Development Bank was presented in the meeting by Hafizul Islam Mian, Director of the Bank. 
Dr. Ali in his message said, during the last 28 years Islami Bank has moved from strength to strength and has become a trusted name in Bangladesh. In addition to maintaining a successful operational track record, it has also been contributing actively towards the development of the Islamic Financial Industry as well as social services in Bangladesh. 
“As a result, Islami Bank is now seen as a model institution locally and internationally.”
 
He thanked the government and Central Bank of Bangladesh Bank of Bangladesh for its continuing efforts and contribution in the development of the Islamic Financial Sector in Bangladesh.
 
BBN/SSR/AD-16May12-1:12 pm (BST)