Doha – Mubasher: The Qatar Stock Exchange (QSE) announced on Sunday that it will halt trading on Qatar Islamic Bank’s (QIB) shares on Monday where the latter will hold its ordinary general meeting (OGM).
The OGM will discuss a proposal by the board of directors to distribute cash dividends at 42.5% of the share’s par value, equivalent to QAR 4.25 per share.
The meeting will also look into increasing the maximum limit of the bank’s sukuk programme from $1.5 billion to $3 billion.