Islami Insurance Bangladesh Limited announcements
300 Dhaka Stock Exchange announcements for Islami Insurance Bangladesh Limited (ISLAMIINS) since 2009: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2021 (22).
- Q3 Financials
(Q3 Un-audited): EPS was Tk. 0.71 for July-September, 2021 as against Tk. 0.54 for July-September, 2020; EPS was Tk. 1.93 for January-September, 2021 as against Tk. 1.22 for January-September, 2020. NOCFPS was Tk. 4.75 for January-September, 2021 as against Tk. 3.50 for January-September, 2020. NAV per share was Tk. 16.36 as on September 30, 2021 and Tk. 14.45 as on December 31, 2020.
- 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 28, 2021 at 3:30 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended on September 30, 2021.
- Dividend Disbursement
The Company has informed that it has credited the Bonus shares for the year ended on December 31, 2020 to the respective shareholders' BO Accounts.
- Q2 Financials
(Q2 Un-audited): EPS was Tk. 0.65 for April-June 2021 as against Tk. 0.31 for April-June 2020; EPS was Tk. 1.34 for January-June 2021 as against Tk. 0.74 for January-June 2020. NOCFPS was Tk. 2.89 for January-June 2021 as against Tk. 2.34 for January-June 2020. NAV per share was Tk. 17.26 as on June 30, 2021 and Tk. 15.89 as on December 31, 2020.
- 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 August 31, 2021 at 2:45 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended on June 30, 2021.
- ARGUS Credit Rating Services Limited (ACRSL) has announced the CPA (Claim Paying Ability) rating of the Company as "AA"
ARGUS Credit Rating Services Limited (ACRSL) has announced the CPA (Claim Paying Ability) rating of the Company as "AA" for long term and "ST-2" for short term in consideration of financial statements of the Company up to December 31, 2020 (audited), Q2FY21 (unaudited) and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- (Q1 Un-audited): EPS was Tk. 0.69 for January-March 2021 as against Tk. 0.43 for January-March 2020. NOCFPS was Tk. 1.80
(Q1 Un-audited): EPS was Tk. 0.69 for January-March 2021 as against Tk. 0.43 for January-March 2020. NOCFPS was Tk. 1.80 for January-March 2021 as against Tk. 1.69 for January-March 2020. NAV per share was Tk. 16.54 as on March 31, 2021 and Tk. 15.89 as on December 31, 2020.
- The auditor of the Islami Insurance Bangladesh Limited has given the "Qualified Opinion" & "Emphasis of Matter" paragrap
The auditor of the Islami Insurance Bangladesh Limited has given the "Qualified Opinion" & "Emphasis of Matter" paragraphs in the Auditor's Report for the year ended on 31 December 2020. Basis for Qualified Opinion: We could not obtained sufficient appropriate audit evidence regarding difference amount of BDT. 61,662,813 between VAT return and "Premium" as presented in "Form XL" to the financial statements and cash in hand amounting to BDT 12,721,661." (cont.1)
- (Continuation news of ISLAMIINS): Emphasis of Matter: We draw attention to note no. 2.25 (ii) to the financial statement
(Continuation news of ISLAMIINS): Emphasis of Matter: We draw attention to note no. 2.25 (ii) to the financial statements, the management could not determine the forfeited amount of the provident fund due to non-availability of audit report. In addition to this in note no. 2.25 (iv) to the financial statements relating to Incentive Bonus/Workers Profit Participation Fund in which includes worker profit participation fund doesn't maintained as per labor act 2006 and no fund has been (cont.2)
The first part of this announcement is missing from the archive. - (Continuation news of ISLAMIINS): created by IIBL, furthermore in note no 21.00 "Office Space Purchase in Process" where
(Continuation news of ISLAMIINS): created by IIBL, furthermore in note no 21.00 "Office Space Purchase in Process" where the company has not complied with IAS-16 to recognize its assets. Our opinion is not modified in respect of these matters. note no. 2.25 (ii) (ii) Contributory Provident Fund Recognized by Tax Authorities (cont.3)
The first part of this announcement is missing from the archive. - (Continuation news of ISLAMIINS): In respect of provident fund at 10% of Basic salary of eligible employee is being made
(Continuation news of ISLAMIINS): In respect of provident fund at 10% of Basic salary of eligible employee is being made annually as per P.F. rules administered by Board of Trustees, The eligible employees contribute @ 10% of basic salary. Provident fund has not been audited since 2019. (end)
The first part of this announcement is missing from the archive. - Trading of the shares of the Company will resume on 08.06.2021 after record date.
Trading of the shares of the Company will resume on 08.06.2021 after record date.
- Trading of the shares of the Company will remain suspended on record date i.e., 07.06.2021.
Trading of the shares of the Company will remain suspended on record date i.e., 07.06.2021.
- Trading of the shares of the Company will be allowed only in the Spot Market and Block transactions will also be settled
Trading of the shares of the Company will be allowed only in the Spot Market and Block transactions will also be settled as per Spot settlement cycle with cum benefit from 03.06.2021 to 06.06.2021. Trading of the shares of the Company will remain suspended on record date i.e., 07.06.2021.
- As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting
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 June 8, 2021 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on March 31, 2021.
- The Board of Directors has recommended 10% stock dividend for the year ended on December 31, 2020. Date of AGM: 07.08.20
The Board of Directors has recommended 10% stock dividend for the year ended on December 31, 2020. Date of AGM: 07.08.2021, Time: 11:00 AM, Venue: To be notified later on. Record Date: 07.06.2021. The Company has also reported EPS of Tk. 2.18, NAV per share of Tk. 15.89 and NOCFPS of Tk. 5.51 for the year ended on December 31, 2020 as against Tk. 1.65, Tk. 14.14 and Tk. 0.86 respectively for the same period of the previous year. (cont. 1)
- (Continuation news of ISLAMIINS): Reasons for declaration of stock dividend: i) As per Insurance Act, 2010, section 21,
(Continuation news of ISLAMIINS): Reasons for declaration of stock dividend: i) As per Insurance Act, 2010, section 21, the minimum paid up capital for Non-Life Insurance business is at least Tk. 40.00 crore. At present paid up capital is Tk. 37,42,29,230.00 and to comply the minimum paid up capital 10% stock dividend has been recommended by the Board of Directors subject to approval by the shareholders at the 21st AGM. (cont. 2)
The first part of this announcement is missing from the archive. - Dividend Declaration
(Continuation news of ISLAMIINS): ii) The bonus share has been approved from the net profit for the year 2020. and iii) Bonus Shares has 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 (12.05.2021) following its corporate declaration, however, as per the BSEC Order No. BSEC/CMRRCD/2001-07/04 dated March 19, 2020, the floor price shall be applicable accordingly.
- 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 May 11, 2021 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended on December 31, 2020.
- Postponement of Board Meeting under LR 19(1)
The Company has further informed that, due to unavoidable circumstances, the Board meeting as per LR 19(1), scheduled to be held on April 29, 2021 at 3:00 PM, to consider, among others, audited financial statements of the Company for the year ended on December 31, 2020, has been postponed. New date and time of the meeting will be notified later on.
- 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, 2021 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended on December 31, 2020.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.