The ordinary general meeting (OGM) of Bahrain Islamic Bank agreed on distributing 4% bonus shares for the fiscal year 2015, according to a recent statement.
The bank will distribute 38.83 million bonus shares on a 4-for-100 basis.
The Bahrain-listed bank achieved a growth of 20.4% to BHD 11.2 million profits in FY15 as compared to BHD 9.3 million in FY14.
Bahrain Islamic Bank is being traded at BHD 0.13.