30-01-2025
Qatar Islamic Bank announces that the General Assembly Meeting AGM will be held on 26/02/2025, at Al Mirqab hall, in the Four Seasons hotel Doha and 04:00 PM. In case of not completing the legal quorum, the second meeting will be held on 05/03/2025, at Al Mirqab hall, in the Four Seasons hotel Doha and 10:00 PM
The Agenda of the ordinary meeting shall be as follows:
1. 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. Sharia Supervisory Board report.
3. External auditors’ report on the financial statements for the year ended 31/12/2024.
4. Discussion and approval of the Bank’s balance sheet and profit and loss for the year ended 31/12/2024.
5. Approval of 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. Absolve the Board members from liability for the year ended 31/12/2024 and approval of the remuneration prescribed to them.
7. QIB Governance Report for the year 2024.
8. Nomination of the external auditors of the Bank for the year 2025 and determination of the fees to be paid to them.
Accordingly, shareholders are kindly requested to be available at the meeting hall by 3:00 pm to register their names and the number of shares they represent.
We would also like to notify you regarding the below:
1. Each shareholder shall have the right to attend in person or through delegating another shareholder using the proxy form available on our website www.qib.com.qa/investorrelations. In order for the proxy form to be valid, the delegate needs to be a QIB shareholder, and cannot own more than 5% of total QIB shares.
2. This invitation shall be deemed as a legal announcement to all shareholders, without the need to send special invitations by mail according to the Law No 11 of the year 2015 amending some provisions of the Commercial Companies law.