Postponement of the Second Ordinary General Assembly of QIIB


Qatar International Islamic Bank announced the postponement of the second Ordinary General Assembly meeting during the year 2023, which was scheduled yesterday, Sunday, for lack of a quorum. the second
First – Considering the Board of Directors’ recommendation to raise the ceiling of the bank’s sukuk issuance program, which was previously approved by the Ordinary General Assembly on 3/14/2023, to become $2 billion (instead of $1 billion), provided that the issuance takes place in different sizes based on a study of the bank’s need and after issuance The necessary approvals for the issuance of these sukuk from the competent authorities, provided that the sukuk issued do not exceed the bank’s capital base and reserves.
Second: Election of two additional members of the Board of Directors from among the shareholders to complete the current period that ends on 3/13/2026, bringing the number of members of the Board of Directors to 11 members.


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