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 26/02/2025 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 31/12/2024 and discussion of the plan for the year 2025. 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 31/12/2024. 4. The Assembly approved the Bank’s balance sheet and profit and loss for the year ended 31/12/2024. 5. The Assembly approved the board of directors’ proposal to distribute an additional cash dividend of 55% of the paid up share capital, i.e. QAR 0.55 per share taking the total cash dividend during the year to 80% of the paid up share capital, i.e. QAR 0.80 per share. 6. The Assembly absolved the Board members from liability for the year ended 31/12/2024 and approval of the remuneration prescribed to them. 7. The Assembly discussed and approved QIB Governance Report for the year 2024. 8. The Assembly approved the nomination of the external auditors of the Bank for the year 2025 and determination of the fees to be paid to them. .