By Eslam Salem
Doha – Mubasher: Qatar International Islamic Bank (QIIB) shareholders endorsed on Tuesday the board’s proposal for paying cash dividends at 40%, or QAR 4 per share.
In an ordinary general meeting, shareholders also ratified the bank’s balance sheet and profit/loss statement for the fiscal year 2015. An auditor was appointed for 2016.
The Doha-listed lender earlier posted a 5% fall in FY15 net profit to QAR 784.2 million ($215.2 million), down from QAR 825.8 million ($226.6 million) a year earlier.
