The Ordinary Annual General Meeting (AGM) for Qatar International Islamic Bank (QIIB) was held on Wednesday (17/03/2021) at 4:30 pm through virtual communication using Zoom online application headed by Dr. Khalid Bin Thani Bin Abdullah Al Thani with the availability of quorum to attend the meeting.

The below stated agenda, items has discussed and approved by the AGM as follow:

• The Board of Directors presented to the bank shareholders its report over the bank's activities and the financial position for the year ended 31/12/2020, which includes the bank's future strategies.

• Sharia Supervisory Board presented their report by Sheikh Dr. Walid Bin Hadi – Head of Sharia Supervisory Board.
• Approval on External auditor’s report for the financial year 2020.
• Approval on Corporate governance report for the year 2020;
• Approval of the bank financial statements for the year ended 31/12/2020.
• The General Assembly approved the Board of Director's recommendations to pay 32.5% of the bank capital as cash dividends, equivalent to QR 0.325 per share.
• The General Assembly agreed to discharge the Chairman and Members of Board of Directors from all responsibilities for the financial year ended on 31/12/2020 and approved the board remunerations.
• Approval on the appointment of Sheikh Dr. Abdulaziz Al-Qassar as a member in Sharia Supervisory Board instead of the past member Dr. AbdulSatar Abu Ghuda who passed away for the upcoming three years.
• Approval on 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.

• Approval on the recommendation by the board of directors to extend last year General Assembly approval of the US$ 2.0 billion Sukuk program), 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 .

• The general assembly approved the recommendation by the board of directors to extend last year General Assembly approval to issue Additional Tier1 Sukuk nonconvertible with the same rules and regulations. Issued Sukuk should not exceed 50% of the bank’s capital based on rules set by regulatory authorities in this regard.
• The general assembly approved to appoint Price Waterhouse Coopers Company as the bank’s external auditors for the year 2021.