The 28th Annual General Meeting (AGM) of Al-Arafah Islami Bank Ltd. has approved 12% Cash Dividend and 3% Stock Dividend for the year ended on 31st December 2022 held on 16 August 2023, Wednesday. Chairman, Board of Directors of the Bank Alhajj Salim Rahman presided over the virtual meeting.
Vice Chairman of the Board Alhajj Abu Naser Mohammad Yeahea, Executive Committee Chairman Alhajj Abdus Samad Labu, Executive Committee Vice Chairman Md. Abdus Salam, Risk Management Committee Chairman Alhajj Liakat Ali Chowdhury, Board Audit Committee Chairman Mahbubul Alam, Members Alhajj Abdul Malek Mollah, Alhajj Hafez Md. Enayetullah, Alhajj Ahamedul Hoque, Alhajj Engr. Kh. Mesbah Uddin Ahmed, Alhajj Md. Anowar Hossain, Alhajj Nasir Uddin, Alhajj Md. Rafiqul Islam, Alhajj Anowar Hossain, Alhajj Mahbub Ahmed, Alhajj Md. Abdul Hamid Miah, Managing Director and CEO Farman R. Chowdhury and large number of Shareholders were present in the meeting. Company Secretary Mohammed Nizam Uddin Bhuiyan proposed the agenda in the meeting.
The Bank achieved growth of 16.40% in Deposit and 20.51% in Investment during the year 2022 compared to 2021. Earning Per Share (EPS) of the Bank stood at Tk. 1.90 in 2022. The house considered and adopted the Directors’ Report, Statement of Accounts for the year 2022 along with Auditors’ Report and also appointed the Auditors of the Company for the term until the next Annual General Meeting. The Shareholders participated in the review of the overall performance of the Bank and expressed their satisfaction. They made some valuable suggestions for improvement of performance and image of the Bank.
The Chairman of the Bank Alhajj Salim Rahman thanked the Shareholders for the confidence entrusted on the Board of Directors.
