Al-Arafah Islami Bank PLC. announcements
623 Dhaka Stock Exchange announcements for Al-Arafah Islami Bank PLC. (ALARABANK) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2024 (30).
- (Q3 Un-audited): Consolidated EPS was Tk. (0.41) for July-September 2024 as against Tk. 0.39 for July-September 2023; Co
(Q3 Un-audited): Consolidated EPS was Tk. (0.41) for July-September 2024 as against Tk. 0.39 for July-September 2023; Consolidated EPS was Tk. 0.57 for January-September 2024 as against Tk. 1.12 for January-September 2023. Consolidated NOCFPS was Tk. 0.90 for January-September 2024 as against Tk. (1.41) for January-September 2023. Consolidated NAV per share was Tk. 21.17 as on September 30, 2024 and Tk. 21.03 as on September 30, 2023. (Cont.1)
- (Continuation news of ALARABANK): Reasons for deviations in EPS and NOCFPS: Consolidated EPS for January-September 2023
(Continuation news of ALARABANK): Reasons for deviations in EPS and NOCFPS: Consolidated EPS for January-September 2023 has been decreased as total provision against investment (loans and advance) increased compared to previous corresponding period. Consolidated EPS for July-September 2023 has been decreased as total provision against investment (loans and advance) increased compared to previous corresponding period. (Cont.2)
The first part of this announcement is missing from the archive. - Q3 Financials
(Continuation news of ALARABANK): NOCFPS has been increased due to placement from other banks and financial institution increased in this period compared to previous corresponding period. (end)
The first part of this announcement is missing from the archive. - Board Meeting schedule under LR 16(1)
As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on October 29, 2024 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended September 30, 2024.
- Dividend Disbursement
The company has informed that it has credited the Bonus Shares to the respective shareholders' BO Accounts and it has also disbursed the Cash Dividend to the respective shareholders for the year ended December 31, 2023.
- The company has informed that Bangladesh Bank has appointed the Chairman and Independent Directors of the company, the n
The company has informed that Bangladesh Bank has appointed the Chairman and Independent Directors of the company, the names of whom are as follows: 01. Mr. Khwaja Shahriar, Former Managing Director, Lankabangla Finance PLC. as an Independent Director and Chairman, 02. Mr. Md. Shahin Ul Islam, Former Executive Director, Bangladesh Bank as an Independent Director, (cont.)
- Appointment of Chairman and Independent Directors of the company
(Continuation news of ALARABANK): 03. Mr. Md. Abdul Wadud, Former Deputy Managing Director, NRB Bank Ltd. as an Independent Director, 04. Mr. Mohammed Abu Eusuf, PHD, Professor, Department of Development Studies, Dhaka University as an Independent Director and 05. Mr. Mohammad Asraful Hassan, FCA, Chartered Accountants as an Independent Director. (end)
The first part of this announcement is missing from the archive. - Re-fixation timing of the 29th AGM
Refer to their earlier news disseminated by DSE on 11.08.24 regarding postponement of the AGM, the company has further informed that the timing of the 29th Annual General Meeting (AGM) of the company has been re-fixed to be held on August 22, 2024 at 3.00 pm through virtually by using digital platform.
- Postponement of 29th AGM of the company
Refer to their earlier news disseminated by DSE on 28.04.2024 regarding dividend declaration, the company has further informed that due to unavoidable circumstances the 29th AGM of the company which was scheduled to be held on August 18, 2024 at 11:30 AM through virtually by using digital platform has been postponed. New date of the said AGM will be notified later in due course.
- (Q2 Un-audited): Consolidated EPS was Tk. 0.80 for April-June 2024 as against Tk. 0.58 for April-June 2023; Consolidated
(Q2 Un-audited): Consolidated EPS was Tk. 0.80 for April-June 2024 as against Tk. 0.58 for April-June 2023; Consolidated EPS was Tk. 1.03 for January-June 2024 as against Tk. 0.77 for January-June 2023. Diluted consolidated EPS was Tk. 0.76 for April-June 2024 as against Tk. 0.55 for April-June 2023; Diluted Consolidated EPS was Tk. 0.98 for January-June 2024 as against Tk. 0.73 for January-June 2023. Consolidated NOCFPS was Tk. 15.48 for January-June 2024 as against Tk. 7.48 for January-June 2023. (cont.)
- Q2 Financials
(Continuation news of ALARABANK): Consolidated NAV per share was Tk. 22.15 as on June 30, 2024 and Tk. 21.39 as on June 30, 2023. Reasons for deviation in EPS and NOCFPS: EPS has been increased due to investment income from investment (Loans and advances) has increased and income from investment in shares/securities has increased. NOCFPS has been increased due to deposit from customer (other than banks) increased in this period. (end)
The first part of this announcement is missing from the archive. - Board Meeting schedule under LR 16(1)
As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on July 30, 2024 at 03:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended June 30, 2024.
- Issuance of AIBPLC 5th Subordinated Bond under private placement
The company has informed that the Board of Directors of the company has approved to issue AIBPLC 5th Subordinated Bond amounting BDT 500.00 crore through private placement subject to approval of Regulatory Authorities.
- Credit Rating Result
Credit Rating Information and Services Limited (CRISL) has assigned the rating of the company as "AA" in the long term and "ST-2" in the short term along with Stable outlook in consideration of its audited financials up to December 31, 2023 also unaudited financials up to March 31, 2024 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- Resumption after Record date
Trading of the shares of the company will resume on 10.06.2024.
- Suspension for Record date
Trading of the shares the company will remain suspended on record date i.e., 09.06.2024.
- Spot News
Trading of the shares of the company will be allowed only in the Spot Market and Block transaction will also be settled as per spot settlement cycle with cum benefit from 05.06.2024 to 06.06.2024 and trading of the shares will remain suspended on record date i.e., 09.06.2024.
- Confirmation of share transfer by a Sponsor
Alhajj Kazi Abu Kausar, a Sponsor of the company, has further informed that he has completed his transfer of 1,70,000 shares of the company to his sister Ms. Kazi Sultana Delwar, by way of gift outside the trading system of the Exchange as per declaration disseminated on 19.05.2024.
- Declaration of share transfer by a Sposnor
Alhajj Kazi Abu Kausar, a Sponsor of the company, has expressed his intention to transfer 1,70,000 shares of the company to his sister Ms. Kazi Sultana Delwar (General Shareholder of the company), by way of gift outside the trading system of the Exchange within next 30 working days with effect from May 15, 2024.
- (Q1 Un-audited): Basic Consolidated EPS was Tk. 0.23 for January-March 2024 as against Tk. 0.19 for January-March 2023.
(Q1 Un-audited): Basic Consolidated EPS was Tk. 0.23 for January-March 2024 as against Tk. 0.19 for January-March 2023. Diluted Consolidated EPS was Tk. 0.22 for January-March 2024 as against Tk. 0.18 for January-March 2023. Consolidated NOCFPS was Tk. 8.61 for January-March 2024 as against Tk. 4.71 for January-March 2023. Consolidated NAV per share was Tk. 22.86 as on March 31, 2024 and Tk. 22.40 as on March 31, 2023. (cont.)
- Q1 Financials
(Continuation news of ALARABANK): Reasons for deviation in EPS and NOCFPS: EPS has been increased due to increase investment income compare to previous corresponding period. NOCFPS has been increased due to increase of placement from other bank and financial institution compare to previous corresponding period. (end)
The first part of this announcement is missing from the archive. - Board Meeting schedule under LR 16(1)
As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on May 14, 2024 at 2:35 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended March 31, 2024.
- Sale confirmation of a Sponsor
Mr. Abdul Malek Mollah, a Sponsor of the Company, has further informed that he has completed his sale of 2,19,38,176 shares of the Company at prevailing market price through Dhaka Stock Exchange PLC. (DSE) as per declaration disseminated on 30.04.2024.
- Sale declaration of a Sponsor
Mr. Abdul Malek Mollah, a Sponsor of the Company, has expressed intention to sell his 2,19,38,176 shares out of his total holding of 2,19,98,176 shares of the Company at prevailing market price (In the Block Market) through Dhaka Stock Exchange PLC. (DSE) within next 30 working days.
- The Board of Directors has recommended 10\% cash and 5\% stock dividend for the year ended December 31, 2023. Date of AG
The Board of Directors has recommended 10\% cash and 5\% stock dividend for the year ended December 31, 2023. Date of AGM: 18.08.2024, Time: 11:30 AM. Venue: Digital Platform. Record Date: 09.06.2024. The Company has also reported Consolidated EPS of Tk. 2.14, Consolidated NAV per share of Tk. 22.63 and Consolidated NOCFPS of Tk. 0.50 for the year ended December 31, 2023 as against Tk. 1.89, Tk. 22.09 and Tk. 9.98 respectively for the year ended December 31, 2022 (cont.1)
- (Continuation news of ALARABANK): The company has informed that EPS for year ended December 31, 2023 has been increased
(Continuation news of ALARABANK): The company has informed that EPS for year ended December 31, 2023 has been increased as total provision against investment decreased in this year compared to previous year. NOCFPS for Year ended December 31, 2023 has been decreased for following reasons: a) Deposit from customer (other than Bank) decreased in this year compared to previous year. b) Placement from other banks and financial institution decreased in this year compared to previous year. (cont.2)
The first part of this announcement is missing from the archive. - (Continuation news of ALARABANK): Disclosures for recommendation of Stock Dividend: i) The retained amount of declared s
(Continuation news of ALARABANK): Disclosures for recommendation of Stock Dividend: i) The retained amount of declared stock dividend will be used to strengthen the capital base of the Company which helps to increase business capacity of the Company. ii) The stock dividend is declared out of accumulated profit of the Company. (cont.3)
The first part of this announcement is missing from the archive. - Dividend Declaration
(Continuation news of ALARABANK): iii) The stock dividend is not declared from capital reserve or revaluation reserve or any unrealized gain or out of profit earned prior to incorporation of the Company or through reducing Paid up Capital or through doing anything so that the post dividend retained earnings become negative or a debit balance. (end)
The first part of this announcement is missing from the archive. - Price Limit Open
There will be no price limit on the trading of the shares of the Company today (28.04.2024) following its corporate declaration.
- Board Meeting schedule under LR 19(1)
As per Regulation 19(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on April 25, 2024 at 2:35 PM to consider, among others, audited financial statements of the Company for the year ended December 31, 2023.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.