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 2025 (26).
- Re-fixation of AGM Date of the Company
The company has informed that the 30th AGM of the company, which was scheduled to be held on August 14, 2025, at 11:30 a.m. virtually, was postponed due to unavoidable circumstances. Pursuant to the decision taken at the 443rd Meeting of the Board of Directors of the company, the 30th Annual General Meeting (AGM) has now been rescheduled to be held on November 12, 2025, at 11:00 a.m. virtually, through a digital platform.
- Appointment of Managing Director (Acting)
The company has informed that the Board has appointed Mr. Mohd. Rafat Ullah Khan as the Managing Director (Acting) of the company.
- Q3 Financials
(Q3 Un-audited): Consolidated EPS was Tk. (0.49) for July-September 2025 as against Tk. (0.41) for July-September 2024; Consolidated EPS was Tk. 0.34 for January-September 2025 as against Tk. 0.57 for January-September 2024. Consolidated NOCFPS was Tk. 9.85 for January-September 2025 as against Tk. 0.90 for January-September 2024. Consolidated NAV per share was Tk. 20.86 as on September 30, 2025 and Tk. 21.17 as on September 30, 2024. (cont.) (Cont. news of ALARABANK): Consolidated EPS in the reporting period (from 1st January 2025 to 30th September 2025) has been decreased as increased cost of deposit as well as decreased investment income compared to previous corresponding period. Consolidated NOCFPS in the reporting period has been increased due to Deposit from customers (other than Banks) increased in this period compared to previous corresponding period. (end)
- 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, 2025 at 2:30 PM to consider, among others, Un-audited financial statements of the Company for the Third Quarter (Q3) period ended September 30, 2025.
- Regarding Postponement of 30th AGM of the Company
Refer to their earlier news disseminated by DSE on 29.05.2025 regarding dividend declaration, the company has further informed that due to unavoidable circumstances, the 30th Annual General Meeting (AGM) of the company, which was scheduled to be held on 14th August, 2025 has been postponed. A new date, time, and venue for the rescheduled AGM will be notified in due course.
- Q2 Financials
(Q2 Un-audited): Consolidated EPS was Tk. 0.78 for April-June 2025 as against Tk. 0.76 for April-June 2024; Consolidated EPS was Tk. 0.83 for January-June 2025 as against Tk. 0.98 for January-June 2024. Consolidated NOCFPS was Tk. 15.89 for January-June 2025 as against Tk. 14.75 for January-June 2024. Consolidated NAV per share was Tk. 21.45 as on June 30, 2025 and Tk. 21.09 as on June 30, 2024. (cont.1) (Cont. News of ALARABANK): b) Net Operating Consolidated Cash Flows Per Share (NOCFPS) in the reporting period has been increased due to Deposit from customer (other than banks) increased in this period compared to previous corresponding period and Placement to other banks decreased in this period compared to previous corresponding period. (end) (Cont. News of ALARABANK): Reasons for deviation: a) Consolidated Earnings Per Share (CEPS) in the reporting quarter has been decreased due to- Profit paid on Deposit and Borrowing increased compare to previous corresponding quarter and total Operating Expense increased compare to previous corresponding quarter. (cont.2)
- 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, 2025 at 2:30 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended June 30, 2025.
- Credit Rating Result
Credit Rating Information and Services Limited (CRISL) has assigned the company as 'AA-' in the long term and 'ST-3' in the short term along with Stable outlook in consideration of its audited financials up to December 31, 2024 also unaudited financials up to March 31, 2025 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 30.06.2025.
- Suspension for Record Date
Trading of the shares of the company will remain suspended on record date i.e. 29.06.2025
- 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 from 25.06.2025 to 26.06.2025 and trading of the shares will remain suspended on record date i.e., 29.06.2025.
- Qualified Opinion, Emphasis of Matter and Other Matter
The auditor of the company has given the "Qualified Opinion", "Emphasis of Matter" and "Other Matter" paragraphs in the Auditor's Report of the company for the year ended December 31, 2024. To view the details, please visit: https://www.dsebd.org/Auditors_opinion/2024/ALARABANK_2024.pdf
- Dividend Declaration
The Board of Directors has recommended No Dividend for the year ended December 31, 2024. Date of AGM: 14.08.2025, Time: 11:30 AM, Venue: Digital Platform. Record Date: 29.06.2025. The Company has also reported Consolidated EPS of Tk. 0.66, Consolidated NAV per share of Tk. 20.85 and Consolidated NOCFPS of Tk. 21.28 for the year ended December 31, 2024 as against Tk. 2.04, Tk. 21.55 and Tk. 0.48 respectively for the year ended December 31, 2023.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (29.05.2025) following its corporate declaration.
- Q1 Financials
(Q1 Un-audited): Consolidated EPS was Tk. 0.04 for January-March 2025 as against Tk. 0.22 for January-March 2024. Consolidated NOCFPS was Tk. 0.87 for January-March 2025 as against Tk. 8.20 for January-March 2024. Consolidated NAV per share was Tk. 20.89 as on March 31, 2025 and Tk. 21.76 as on March 31, 2024. (cont.) (cont. news of ALARABANK): Consolidated EPS in the reporting period has decreased due to increased profit paid on deposits & Borrowing compared to previous corresponding period. NOCFPS in the reporting period has decreased due to decrease of placement from other bank and financial institution compare to previous corresponding period. (end)
- Regarding Delay in Adoption of Financials to comply IFRS
Refer to their earlier news disseminated by DSE on 20.05.2025 regarding Board Meeting schedule under LR 19(1) and LR 16(1), the company has further informed that as scheduled, the company's Audited Financial Statements for the year ended 31st December, 2024 and Un-Audited Financial Statements for the 1st Quarter (Q1) period ended on 31st March, 2025 have not been presented at the 426th meeting of (cont.1) (cont. news of ALARABANK): of the committee after modification of these issues." As a result, the Financial Statements will be presented at the next Board Meeting after getting recommendation of the Board Audit Committee within the stipulated timeline. (end) (cont. news of ALARABANK): the Board of Directors held on May 25, 2025 at 3.30 PM due to following reasons: "On presentation of the Financial Statements at 237th meeting of the Board Audit Committee of the Bank held on 25.05.2025 at 10.30 AM, the committee suggested to modify some issues of the Financial Statements as per International Financial Reporting Standard (IFRS). It has been decided to re-present the Financial Statements at the next meeting (cont.2)
- Reschedule of Board Meeting under LR 16(1)
The Company has further informed that the meeting of the Board of Directors of the Company as per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, will be held on May 28, 2025 at 2:35 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended March 31, 2025.
- Reschedule of Board Meeting under LR 19(1)
The Company has further informed that the meeting of the Board of Directors of the Company as per Regulation 19(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, will be held on May 28, 2025 at 2:35 PM to consider, among others, audited financial statements of the Company for the year ended December 31, 2024.
- Reschedule of Board Meeting under LR 19(1)
The Company has further informed that the meeting of the Board of Directors of the Company as per Regulation 19(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, will be held on May 25, 2025 at 3:30 PM to consider, among others, audited financial statements of the Company for the year ended December 31, 2024.
- 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 25, 2025 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended March 31, 2025.
- Non Adoption of Audited Financial Statements for the Year 2024
Refer to their earlier news disseminated by DSE on 30.04.2025 regarding Reschedule of Board Meeting under LR 19(1), the company has further informed that as scheduled, the company's Audited Financial Statements for the year ended December 31, 2024 has been presented at the 424th meeting of the Board of Directors held on April 30, 2025. However, it has been deferred for not getting necessary approval from the competent authorities.
- Reschedule of Board Meeting under LR 19(1)
The Company has further informed that the meeting of the Board of Directors of the Company as per Regulation 19(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, will be held on April 30, 2025 at 2:35 PM to consider, among others, audited financial statements of the Company for the year ended December 31, 2024.
- Postponement of Board Meeting schedule under LR 19(1)
The Company has further informed that due to unavoidable circumstances, the meeting scheduled to be held on April 29, 2025 at 2:35 PM as per LR 19(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, to consider, among others, audited financial statements of the Company for the year ended December 31, 2024, has been postponed. New date and time of the meeting will be notified later.
- Appointment of Managing Director (Current Charge)
The company has informed that the Board of Directors has appointed Mr. Md. Rafat Ullah Khan as the Managing Director (Current Charge) of the company with effect from April 13, 2025.
- 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 29, 2025 at 2:35 PM to consider, among others, audited financial statements of the Company for the year ended December 31, 2024.
- Appointment of Company Secretary (Acting)
The company has informed that the Board of Directors has appointed (post facto approval) Mr. Mohammad Moniruzzaman, FCA, Senior Assistant Vice President of the Bank as the new Company Secretary (Acting) with effect from February 20, 2025.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.