By: Eslam Salem

Doha – Mubasher: Qatar International Islamic Bank (QIIB) said that its ordinary general meeting (OGM) scheduled Monday to discuss dividends has been to 19 due to lack of quorum.

The OGM is set to discuss the payment of cash dividends at 40% of the capital, equivalent to QAR 4 ($1.10) per share.

The bank also delayed its extraordinary general meeting (EGM) to 19 March for the same reason.

QIIB’s profit shrank last year by 5% to QAR 784.2 million ($215.37 million) from QAR 825.8 million ($226.796 million) in 2014.

Earnings per share decreased to QAR 5.18 ($1.42) in 2015 from QAR 5.45 ($1.50) in 2014.

Translated by: Elwy el-Manzalawy