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 2023 (21).
- Q3 Financials
(Q3 Un-audited): EPS was Tk. 0.62 for July-September, 2023 as against Tk. 0.69 for July-September, 2022; EPS was Tk. 1.92 for January-September, 2023 as against Tk. 1.95 for January-September, 2022. NOCFPS was Tk. 0.38 for January-September, 2023 as against Tk. 2.72 for January-September, 2022. NAV per share was Tk. 19.90 as on September 30, 2023 and Tk. 19.18 as on December 31, 2022.
- 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 30, 2023 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended September 30, 2023.
- Appointment of Chief Executive Officer
The Company has informed that Mr. Md. Abdul Khaleque Miah has been appointed as the Chief Executive Officer of the company for three (3) years with effect from September 07, 2023 which was approved by the Insurance Development and Regulatory Authority (IDRA) on September 19, 2023.
- Appointment of Company Secretary
The Company has informed that Chowdhury Ahasanul Haque has been appointed as the Company Secretary of the company with effect from September 01, 2023.
- Board decision regarding investment in proposed Digital Bank
The company has informed that the Board of Directors has decided to invest 10% shares i.e. Tk. 12,50,00,000.00 only in the proposed Digital Bank as sponsor shareholder.
- Dividend Disbursement
The Company has informed that it has disbursed the cash dividend for the year ended December 31, 2022 to the respective shareholders.
- Q2 Financials
(Q2 Un-audited): EPS was Tk. 0.69 for April-June 2023 as against Tk. 0.55 for April-June 2022; EPS was Tk. 1.30 for January-June 2023 as against Tk. 1.26 for January-June 2022. NOCFPS was Tk. 0.12 for January-June 2023 as against Tk. 2.53 for January-June 2022. NAV per share was Tk. 20.60 as on June 30, 2023 and Tk. 19.18 as on December 31, 2022.
- 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 29, 2023 at 11:30 AM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended June 30, 2023.
- Query Response
In response to a DSE query, the company has informed that there is no undisclosed price sensitive information of the company for recent unusual price hike and increase in volume of shares.
- The auditor of the Islami Insurance Bangladesh Limited has given the \"Emphasis of Matter\" paragraph in the Auditor\'s
The auditor of the Islami Insurance Bangladesh Limited has given the \"Emphasis of Matter\" paragraph in the Auditor\'s Report for the year ended on December 31, 2022. Emphasis of Matter: Our opinion is not modified in respect of those matters. 1. We could not verify the amount of Tk 2,358,692 payable to IIBL Employees Contribution Provident Fund as the provident fund financial statements have not yet been completed and no audit has been done. (cont.1)
- (Continuation news of ISLAMIINS): The Company has not performed any actuarial valuation of gratuity fund which is noncom
(Continuation news of ISLAMIINS): The Company has not performed any actuarial valuation of gratuity fund which is noncompliance with IAS 19. (Ref. note-12). 2. We sent bank balance confirmation request for 62 nos CD, STD & SND accounts for Tk. 25,834,252 and 80 nos FDR accounts for Tk. 362,900,000. We received confirmation for 16 nos CD, STD & SND accounts for Tk. 8,095,648 and 24 nos FDR accounts for Tk. 68,183,118. (cont.2)
The first part of this announcement is missing from the archive. - Emphasis of Matter
(Continuation news of ISLAMIINS): 3. Premium income from public sector business is Tk. 92,605,987 out of Gross premium Tk. 833,527,289. VAT return (Mushak 9.1) shows gross premium Tk. 783,928,297. Form XL shows direct gross premium Tk. 740,921,302. The difference with VAT return is Tk. 43,006,995. The difference is due to keeping the balance as deposit premium for non-issuance of policy. (end)
The first part of this announcement is missing from the archive. - 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, 2022 (audited), Q1FY23 (unaudited) and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- Q1 Financials
(Q1 Un-audited): EPS was Tk. 0.61 for January-March 2023 as against Tk. 0.71 for January-March 2022. NOCFPS was Tk. (0.02) for January-March 2023 as against Tk. 1.48 for January-March 2022. NAV per share was Tk. 19.84 as on March 31, 2023 and Tk. 19.18 as on December 31, 2022.
- Resumption after record date
Trading of the shares the company will resume on 16.05.2023.
- Suspension for record date
Trading of the shares of the company will be suspended on record date i.e., 15.05.2023.
- 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 11.05.2023 to 14.05.2023 and trading of the shares will remain suspended on record date i.e., 15.05.2023.
- 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, 2023 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended March 31, 2023.
- Dividend Declaration
The Board of Directors has recommended 12.50% cash dividend for the year ended December 31, 2022. Date of AGM: 24.06.2023, Time: 11:00 AM, Venue: Digital Platform. Record Date: 15.05.2023. The Company has also reported EPS of Tk. 3.07, NAV per share of Tk. 19.18 and NOCFPS of Tk. 1.55 for the year ended December 31, 2022 as against Tk. 3.11, Tk. 17.51 and Tk. 6.31 respectively for the year ended December 31, 2021.
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (18.04.2023) following its corporate declaration. However, 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 April 17, 2023 at 3:00 PM to consider, among others, audited financial statements of the company for the year ended December 31, 2022.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.