The Board of Directors of Qatar International Islamic Bank recommends amending the statute to increase the percentage of foreign ownership to 100%

28-06-2021


The Board of Directors of Qatar International Islamic Bank announced that it recommended the amendment of Article No. (76) of the Articles of Association to allow foreign investors to own a maximum of 100% of the bank’s capital instead of 49% previously, provided that the approval of the supervisory and supervisory authorities is met and submitted to the Assembly Extraordinary General Assembly to adopt the recommendation.


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