The Board of Directors of Qatar International Islamic Bank is pleased to invite all shareholders to attend QIIB Annual General Assembly (AGM) Extraordinary General Assembly . Kindly note that the (AGM-EGM ) for Qatar International Islamic Bank (QIIB) will be held on 31/03/2024 at 10.00 pm through virtual communication using Zoom online application.

Agenda for Annual Ordinary General Assembly:

1)  The Board of Directors will present to the bank shareholders its report over the bank's activities and the financial position for the year ended 31/12/2023 and will discuss the bank's future strategies.

2) Present Sharia Supervisory Board report for the year 2023.  

3) Present External auditor’s report for the financial year 2023 and approve it.

4) Discussion and approval of corporate governance report for the year 2023.

5) Discussion and approval of the bank financial statements for the year ended 31/12/2023.

6) The General Assembly will discuss the Board of Director's recommendations to distribute 45% of the bank capital as cash dividends, equivalent to QR 0.45 per share and approve it.

7) Absolve the Board members from the liabilities for the year ended 31/12/2023.

8) The General assembly will discuss to approve the remuneration prescribed to the board of directors for the year 2023 and present remuneration policy, bonuses, allowances and incentives for the board of directors.

9) Review board of directors’ recommendation to issue Sukuk qualified as Tier 2 capital up to US$ 500 million; 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) Review board of directors’ recommendation to extend General Assembly approval on 17/5/2023 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. 

11) Review board of directors’ recommendation 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.

12) Nomination of the external auditors for the year 2024 and their fees.

Agenda of the Extraordinary General Assembly

1- Considering the recommendation of the Board of Directors to amend the  Articles of Association of the Bank by adding a clause that allows, based on a decision of the Board of Directors, to make quarterly or semi-annual distributions under the account of profits to shareholders in the fiscal year in which the distribution is made, in accordance with the decision of the Board of Directors of the Qatar Financial Markets Authority No. 3. For the year 2023 regarding the controls for distributing profits to listed joint-stock companies, based on the financial results achieved in these periods and the condition of obtaining prior approval from the Qatar Central Bank before making the distribution.

2- Consider authorizing the Chairman of the Board of Directors to make any amendments to the Articles of Association in accordance with the decision of the extraordinary general assembly and sign the amended Articles of Association before the official authorities.

Policy of remuneration and allowances for Board of Directors and Executive Management

Policy for contracting with the Related Parties and presenting