Prof. Abu Nasser Muhammad Abduz Zaher, Chairman of IBBL, speaks at the bank’s 30th AGM at Bangabandhu International Conference Centre in Dhaka on Wednesday.

Islami Bank Bangladesh Limited has approved 25 percent dividends, 17 percent stock and 8 percent cash, to its shareholders for the year 2012.

The announcement came at the company’s 30th Annual General Meeting (AGM) held at Bangabandhu International Conference Centre in Dhaka on Wednesday.

Prof. Abu Nasser Muhammad Abduz Zaher, Chairman of the bank, presided over the meeting.

The AGM approved the balance sheet up to 31st December 2012, profit and loss account, reports of the directors and auditors of the bank and minutes of the last annual general meeting.

Yousif Abdullah Al- Rajhi, Vice Chairman of the Bank from KSA, Dr. Abdul Hamid Fuad Al Khatib, Director of IBBL from KSA, Dr. Areef Suleman, representative of Islamic Development Bank and Mohammad Abdullah AlJalahma, representative of Kuwait Awqaf Public Foundation, among others, addressed the function.

Mohammad Abdullah AlJalahma, representative of Kuwait Awqaf Public Foundation and Dr. Areef Suleman, representative of Islamic Development Bank were elected new directors in the meeting.

While speaking Prof. Abu Nasser Mohammad Abduz Zaher said Islami Bank belongs to 16 crore people of Bangladesh. Since inception, IBBL has been working as a bank for mass people of the country.