QIIB held the its Second Ordinary General Assembly meeting during the year 2023, (The alternative appointment - the second due to the lack of a quorum in the first meeting on 7-5-2023) today, Wednesday, at 5:30 pm corresponding to 17/5/2023, in the Bank’s main building on Grand Hamad Street.
The General meeting approved the agenda for the assembly meeting as follows:
1 – Approved the board of directors’ recommendation to extend last General Assembly approval of the US$ 2.0 billion based on a study for each issuance and different scales of bank needs after getting all necessary approvals from supervisory authorities. The Sukuk should not exceed the bank’s capital and reserves.
2- Two additional members of the Board of Directors were elected from among the shareholders to complete the current period, which ends on 13/3/2026, so that the number of members of the Board of Directors to 11 members, and the new members are the following:
And adopting FASIL FOR BUSINESS AND REAL ESTATE CO as a reserve member