Qatar Islamic
Bank Holds Its General Assembly Meeting On
21/02/2017 and Announces Agenda
February 06, 2017
The Board of Directors of Qatar Islamic bank
is pleased to invite you to attend the
meeting of the Assembly General Meeting
(AGM) which will be held on Tuesday
21/02/2017 at 4:00 p.m. at AL-Mirqab Hall at
the Four Seasons Hotel to discuss the below
mentioned agenda. In case of incomplete
required quorum, another meeting will be
held on Tuesday 28/02/2017 at 4:00 p.m. at
the same place.
Agenda of the Assembly General Meeting
(AGM):
1. Board of Director Report on the results
of the Bank and financial statement for year
ended 31/12/2016 and discussion of QIB plan
for the year 2017.
2. Sharia Supervisory Board report 2016.
3. External auditors’ report on the
financial statements for the year ended
31/12/2016
4. Discussion and approval of the Bank’s
balance sheet and profit and loss for the
year ended 31/12/2016.
5. Approval of the board of directors’
proposal to distribute 47.5% cash dividends
of the nominal value per share, i.e. QAR
4.75 per share.
6. Absolve the Board members from liability
for the year 2016 and approve the
remuneration prescribed to them.
7. QIB Governance Report for the year 2016.
8. Discussion of the proposal to increase
the limit of the perpetual Sukuk “Additional
Tier 1 Capital (AT1) Sukuk“ from QAR 5
Billion to QAR 7.5 Billion.
9. Nomination of the external auditors of
the bank for the year 2017 and determination
of the fees to be paid to them.
10. Election of the Board of Directors
members for the new term ,three years,
2017-2019.
Before three days from Assembly General
Meeting (AGM) the shareholders may obtain
from the Office of Board of Directors
Secretary at the 5th Floor of QIB
Headquarters a list showing the Board of
Directors remuneration, fees, financing,
Letters of Credit, Letters of Guarantees and
benefits in kind obtained by the Chairman
and members of the Board of Directors. And
also the amounts spent as advertisement and
donations.
Registration of attendance of the AGM will
start at 03:00 P.m. on Tuesday, 21/2/2017 at
AL-Mirqab Hall at the Four Seasons Hotel.
Kindly adhere to attendance on time. In case
of inability to attend physically/ in person
you may nominate another shareholder of QIB
with a power of attorney, form is attached
herewith, to register and attend on your
behalf.
We would like to draw the attention of the
shareholders to the following:
1- Any shareholder may attend physically or
through a proxy on behalf of another
shareholders with an agency consent
agreement attached to the invitation sent to
each shareholder. For the agent in a proxy
to be valid, the agent should be a
shareholder who should not be holding more
than 5% of QIB shares.
2- The invitations to shareholders will be
sent by courier, this advertisement
represents an invitation to those who have
not received the invitation by courier.
3- The committees of the Assembly General
Meeting (AGM) will start the registration
procedures of the attendance and quorum at
3:00 p.m. on Tuesday 21/02/2017.