Qatar Islamic Bank: The AGM Endorses Items on It's Agenda

Qatar Islamic Bank announces the results of the AGM. The meeting was held on 09/03/2026 and the following resolution were approved 1. The Assembly approved the Board of Director’s Report on the results of the Bank and financial statements for year ended 31/12/2025 and discussion of the plan for the year 2026. 2. The Assembly approved the Sharia Supervisory Board report. 3. The Assembly approved the External auditors’ report on the financial statements for the year ended 31/12/2025. 4. The Assembly discussed and approved the Bank’s balance sheet and profit and loss for the year ended 31/12/2025. 5. The Assembly approved the board of directors’ proposal to distribute an additional cash dividend of 50% of the paid-up share capital, i.e. QAR 0.50 per share taking the total cash dividend during the year to 90% of the paid up share capital, i.e. QAR 0.90 per share. 6. The Assembly absolved the Board members from liability for the year ended 31/12/2025 and approval of the remuneration prescribed to them. 7. The Assembly approved QIB Governance Report for the year 2025. 8. The Assembly approved the nomination of the external auditors of the Bank for the year 2026 and determination of the fees to be paid to them. 9. The Assembly approved the creation of a program to issue certificates of deposit or short-term debt instruments, with a total value of up to QAR 2.5 billion, subject to Qatar Central Bank approval. 10. The Assembly has selected by acclamation the members of the Board of Directors for the new cycle 2026-2028, listed below: Non-independent members: Sheikh /Jassim Bin Hamad Bin Jassim Bin Jaber Al Thani (representing Al Mirqab Capital) Mr. Abdullatif Bin Abdullah Al Mahmoud (representing Dar Al Sharq Group) Mr. Mohamed Bin Issa Al Mohannadi (individual) Mr. Mansour Mohamed Abdel Fattah Al Musleh (individual) Mr. Abdullah Saeed Mohamed Al Eidah (representing Al Zubara Real Estate Investment Company WLL) Mr. Sraiya Nasser Rashid Al-Kaabi (representing Al Sraiya Holding Group) Mr. Khalid Mohamed Assad Rahimi Al-Emadi (representing Al-Namaa Company for Maintenance and Services) Sheikh/ Jassim Faisal Qassim Thani Al Thani (representing Al Faisal International for Investment) Independent members: Mr. Nasser Abdullah Saad Al Mahmoud Al-Shareef Mrs. Maitha Mubarak Rashid Al Jabr Al-Naemi Mr. Fahad Saad Shrida Al-Kaabi . Approved Dividends Distribution ratio Cash Dividends H1 (%) 40 Cash Dividends H2 (%) 50 Total Annual Cash Dividends (%) 90