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Qatar International Islamic Bank announces that the General Assembly Meeting AGM will be held on 17/03/2021, Zoom online Conference and 04:30 PM. In case of not completing the legal quorum, the second meeting will be held on 21/03/2021, Zoom Online Conference and 04:30 PM

(QIIB AGM Agenda for the year ended 31/12/2020)

1-      Hearing the report of the Board of Directors on the bank's activities and its financial position for the year ended 31/12/2020 and the bank's future plans.

2-      Hearing the Sharia Supervisory Board report.

3-      Hearing the External auditors' report on the bank's financial statements for the year ended 31/12/2020 and approve.

4-      To discuss the bank Corporate Governance report for the year ended 31/12/2020 and approve.

5-      To discuss the bank financial statements and statements of income for the year ended 31/12/2020 and approve.

6-      To discuss and approve the Board of Directors’ recommendation to distribute 32.5% of the bank capital as cash dividends (QR 0.325 per share).

7-      Discharging the Board of Directors from the responsibility for the year ended on 31/12/2020 and approve their remunerations.

8-       To discuss the recommendation by board of directors to appoint Dr.Abdul aziz Al-Qassar in the bank Sharia supervisory board instead of Dr. Abdul Satar Abu Ghda who had passed away to complete the upcoming three years.

9-       To discuss the recommendation by the board of directors to issue Sukuk qualified as Tier 2 capital up to US$ 1.0 billion; and after obtaining the necessary approvals from the supervisory authorities providing that, the conditions and size of the issuance will be subject to a study of the bank’s needs and market conditions.

10-  To discuss the board of directors recommendation to extend last year General Assembly approval of the US$ 2.0 billion Sukuk program (which was already approved in 2019 AGM) and delegate the bank board of directors' to decide the size of each issuance, terms and conditions, issuance currency after getting all necessary approvals from supervisory authorities ;and the Sukuk should not exceed the bank’s capital and reserves (Issued 700 million USD through out 2019).

11-  To discuss the board of directors recommendation to extend last year General Assembly approval to issue Additional Tier1 Sukuk nonconvertible into an ordinary shares up to QR 3.0 billion (Issued Sukuk should not exceed the bank’s capital and reserves), and delegate the bank board of directors' to decide the size of each issuance ,terms and conditions, issuance currency after getting all necessary approvals from supervisory authorities

12-  Appointing the external auditors for the financial year 2021 and determining their fees.

Consolidated financial statements for the year ended December 31, 2020

Invitation to attend the ordinary general assembly meeting and the report of the board of directors

To obtain the form to attend the Ordinary General Assembly meeting, click here

To download Governace Report click here