Al-Arafah Islami Bank Ltd. has approved 17% Dividend in the form of Bonus Share for the year ended 31st December, 2012 in its 18th Annual General Meeting (AGM) held on 14 May, 2013 at Bangabandhu International Conference Center, Sher-E-Bangla Nagar, Dhaka. Prior to that, the 16th Extraordinary General Meeting (EGM) was held at the same venue and same date. The EGM approved the raise of Authorized Capital of the Bank from 1,000 (one thousand) crore to 1,500 (one thousand five hundred) crore subject to the approval of Regulatory Authorities. The meeting presided over by Jb. Badiur Rahman, Chairman, Board of Directors of the Bank.
Vice Chairman Alhajj S M Shameem Iqbal, Directors Alhajj Md. Harun-ar-Rashid Khan, Alhajj Abdul Malek Mollah, Alhajj Hafej Md. Enayetullah, Alhajj Abdul Moktadir, Alhajj Ahamedul Haque, Alhajj A N M Yeahea, Alhajj Engr. Kh. Mesbah Uddin Ahmed, Alhajj Abdus Salam, Alhajj Niaz Ahmed, Md. Ashik Hossain, Dr. Md. Shafiul Haider Chowdhury, Anowar Hossain, Brig. Gen. M. A. Malek (retd), Kazi Badruddin Ahmed, Ex Directors Alhajj A.Z.M. Shamsul Alam, Mohammad Mahtabur Rahman (Nasir), Managing Director Mr. Ekramul Hoque, Deputy Managing Directors, Executive Vice Presidents, Company Secretary, Executives, Officers and large number of Shareholders were present on the occasion.