Dubai – Mubasher: Emirates Islamic Bank (EIB) has invited its shareholders to subscribe for new shares in the bank from 14 to 28 December, according to a statement.
The rights issue will increase the bank's issued capital from AED 3.93 billion to AED 5.43 billion.
The new shares will be issued at a nominal value of AED 1 each.
EIB's shareholders earlier approved the increase of the bank's capital from AED 5 billion to AED 10 billion.