Shahjalal Islami Bank Limited approved 22 % stock dividend subject to approval of Bangladesh Bank for the year 2008 in the bank’s 8th annual general meeting (AGM) held at Bangladesh-China Friendship Conference Centre in the city on 21 may 2009. The meeting was presided over by the Chairman of the Board of Directors of Shahjalal Islami Bank Limited Alhaj Akkas Uddin Mollah.

The Directors report and the audited accounts for the year ended on December 31, 2008 were unanimously approved at the AGM. The meeting also discussed various issues relating to banking policies and stressed the need for procuring more deposits and making productive investments. A number of shareholders took part in the discussion and expressed satifaction at the overall performance of the Bank.

In the meeting among the Directors, Alhaj Md. Harun Miah, Alhaj Mohammad Farooq, Alhaj Abdul Barek, Alhaj Mohammad Solaiman and Alhaj Syed Nurul Arefeen retired voluntarily and were re-elected.

In the same meeting, Alhaj Anwer Hossain Khan, Alhaj Mohammed Faruque, Alhaj Tofazzal Hossain, Alhaj Md. Sanaullah Shahid, Alhaj Mohammad Hasan and Alhaj Mohiuddin Ahmed were newly elected as Director.

The Board of Directors, Shareholders, Managing Director Mr. Muhammad Ali, Deputy Managing Director Mr. Md. Mukhter Hossain and Company Secretary Mr. Emran Hossain were present in the meeting.