• DINResults of BOD meeting including interim condensed consolidated financial statements for the 2nd QTR of 2017
  • DXBEResignation of one of BOD members
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Dubai Islamic Bank

DIB
5.900
0.050
0.850%
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  • Market: DFM
  • Symbol: DIB
  • ISIN: AED000201015
  • Sector: Banks

Company Brief

Country of Origin: United Arab Emirates (U.A.E)

Dubai Islamic Bank (Public Joint Stock Company) (the “Bank”) was incorporated by an Amiri Decree issued on 29 Safar 1395 Hijri, corresponding to 12 March 1975 by His Highness, the Ruler of Dubai, to provide banking and related services based on Islamic Sharia’a principles. It was subsequently registered under the Commercial Companies Law number 8 of 1984 (as amended) as a Public Joint Stock Company.

Key Facts

ESTABLISHED

March 12, 1975

AUDITOR

KPMG Lower Gulf Limited

FISCAL YEAR END

DECEMBER

REGISTRAR

Dubai Islamic Bank

Board Members

CHAIRMAN

H.E. Mohammad Ibrahim Abdulrahman Al Shaibani

MEMBERS

Mr. Hamad Abdulla Al Shamsi
Mr. Yahya Saeed Ahmad Lootah
Mr. Abdulla Ali Obaid Al Hamli
Mr. Ahmad Mohammad Saeed Bin Humaidan
Mr. Abdulaziz Ahmed Al Muhairi
Mr. Abdulla Hamad Al Shamsi
H.E. Hamad Buamim
Mr. Javier Marin Romano

Top Management

GROUP CEO

Dr. Adnan Chilwan

Deputy CEO

Mr. Mohamed Abdullah Al Nahdi 

Chief of Corporate Banking        
Mr. Naveed Ali

Chief of Treasury            
Mr. Mohamed Saleem

Chief of Consumer Banking        
Mr. Sanjay Malhotra

Chief of Investment Banking     
Mr. Mohamed Al Sharif

Chief Credit Officer

Mr. Abbas Bhujwala

Chief Risk Officer
Mr. Anil Kumar Parimoo

Chief of Strategy & Investor Relations
Mr. Salman Liaqat

Head of Legal & Compliance

Mr. Hamid Chinoy

Head of Internal Audit

Mr. Humaid Taher Chinoy

Head of Legal & Board Secretary

Mr. Osama Issag Alhaj

Head of Investor Relations 

Mr. Kashif Moosa

Chief Financial Officer
Mr. John Macedo

 

Equity Profile

DATE OF LISTING

Mar 26, 2000

SECTOR

Banks

AUTHORIZED CAPITAL:

4,942,188,884.00 AED

ISSUED SHARES

4,942,188,884.00

PER VALUE SHARE

1.00 AED

Subsidiaries

 

DIB Printing Press (LLC) UAE 99.50 %
Naseej Industries Company (LLC) UAE 99.00 %
DIB Capital Limited UAE 95.50 %
Dubai Islamic Bank Pakistan Ltd Pakistan 100.00 %
Dar al Shariah Financial & Legal Consultancy L.L.C UAE 60.00 %
Al Tanmyah Services L.L.C UAE 99.50 %
Emirates Automotive Leasing Company L.L.C. UAE 100.00 %
Al Tatweer Al Hadith Real Estate Egypt 100.00 %
Al Tameer Modern Real Estate Investment Egypt 100.00 %
Al Tanmia Modern Real Estate Investment Egypt 100.00 %
Levant One Investment Limited UAE 100.00 %
Petra Limited Cayman Islands 100.00 %
Al Islami Real Estate Investments Ltd UAE 100.00 %
Deyaar Development P.J.S.C. UAE 44.90 %
Dubai Islamic Financial Services (LLC) UAE 95.50 %
Tamweel P.J.S.C. UAE 91.70 %

 

Affiliates
Liquidity Management Centre Bahrain 25.00 %
Bosnia International Bank Bosnia 27.30 %
Bank Panin Syariah Tbk Indonesia 39.55%
Emirates REIT Management Private Limited DIFC 25.00 %
Liquidity Management Center Bahrain 25.00 %
Ejar Cranes & Equipment L.L.C. U.A.E. 16.70 %
MESC Investment Company Jordan 40.00 %
Solidere International Al Zorah Equity Investments Cayman Islands 22.70 %
Landmark Properties LLC U.A.E. 40.00 %
Al Islami Aircraft Leasing Limited U.A.E. 24.70 %
Al Bustan Center Company L.L.C. U.A.E. 50.00 %
Millennium Private Equity L.L.C. DIFC 50.00 %
Al Rimal Development U.A.E. 50.00 %
Arady Development LLC U.A.E. 50.00 %
Bank of Khartoum Sudan 29.50 %

Contact Details

Head Office

Dubai, United Arab of Emirates

Address

Head office Building 2, Al Maktoum Road, Opposite DNATA, Deira, P.O. Box 1080, Dubai

Phone No.

+9714 295 3000

Fax No.

+9714 295 4111

Email address:

contactus@dib.ae

Website

http://www.dib.ae

Showing Last 10 Disclosures - DIB View all
DIB 19-07-2017 10:28 AM

Press release regarding financial results for the first half of 2017

1 File(s)
DIB 19-07-2017 10:21 AM

Results of BOD meeting including interim condensed consolidated financial statements for the 2nd QTR of 2017

2 File(s)
DIB 16-07-2017 02:03 AM

BOD meeting

1 File(s)
DIB 30-06-2017 01:52 AM

Financial statements for the 2nd QTR of 2017

1 File(s)
DIB 02-05-2017 09:54 AM

Notification from the company

1 File(s)
DIB 21-04-2017 10:59 AM

Financial statements for the 1st QTR of 2017

1 File(s)
DIB 11-04-2017 10:29 AM

Press release regarding financial results for the 1st QTR of 2017

1 File(s)
DIB 11-04-2017 10:27 AM

Results of BOD meeting including interim condensed consolidated financial statements for the 1st QTR of 2017

2 File(s)
DIB 04-04-2017 02:16 AM

BOD meeting

1 File(s)
DIB 23-02-2017 08:15 AM

Resolutions of General Assembly

2 File(s)
Showing Last 10 Issuer News - DIB View all
No data could be found.
Showing Last 10 Financial Reports - DIB View all
DIB 30-06-2017 01:52 AM

Financial statements for the 2nd QTR of 2017

1 File(s)
DIB 21-04-2017 10:59 AM

Financial statements for the 1st QTR of 2017

1 File(s)
DIB 31-12-2016 12:09 AM

Financial statements for the year of 2016

1 File(s)
DIB 30-09-2016 12:19 AM

Financial statements for the 3rd QTR of 2016

1 File(s)
DIB 30-06-2016 11:13 AM

Financial statements for the 2nd QTR of 2016

1 File(s)
DIB 05-04-2016 12:30 AM

Financial statements for the 1st QTR of 2016

1 File(s)
DIB 31-03-2016 04:47 AM

Financial statements for the year of 2015

1 File(s)
DIB 28-10-2015 03:06 AM

Financial statements for the 3rd QTR of 2015

1 File(s)
DIB 29-07-2015 03:30 AM

Financial statements for the 2nd QTR of 2015

1 File(s)
DIB 15-04-2015 03:30 AM

Financial statements for the 1st QTR of 2015

1 File(s)
Showing Last 10 General Meetings - DIB View all
Meeting Date/TimeFeb 22, 2017 05:00:00 PMType of MeetingGeneral Assembly
Net Profit/Loss4,050 millionCash Dividend45
Bonus Share
Announcements/Resolutions

1. Approved the Board of Directors’ report in relation to the financial year ended 31/12/2016.

2. Approved the auditor’s report in relation to the financial year ended 31/12/2016.

3. Approved the Fatwa and Shari’a Supervisory Board report in relation to the Bank’s activities during the financial year ended 31/12/2016.

4. Approved the Bank’s Balance Sheet, profit and loss statement for the financial year ended 31/12/2016.

5. Approved Board of Directors’ recommendation in relation to cash dividend distribution of 45 fils per share aggregating to an amount of AED 2,219.4 million.

6. Ratified Board of Director’s resolution dated 27/04/2016 regarding the appointment of Mr. Javier Marin Romano as the Bank’s Board Director replacing Mr. Adan Mohamed until the end of the current term.

7. The following members were elected to the Bank’s Board of Directors to serve the new term (2017 – 2019):

H. E. Mohammad Ibrahim Al Shaibani  

Mr. Hamad Abdulla Rashed Al Shamsi

Mr. Yahya Saeed Ahmad Lootah

Mr. Abdulla Ali Obaid Al Hamli

Mr. Ahmad Mohammad Saeed Bin Humaidan

Mr. Abdulaziz Ahmed Al Mheiri

Mr. Abdulla Hamad Rahma Al Shamsi

Mr. Hamad Mubarak Buamim

Mr. Javier Marin Romano

8. Approved the Board of Directors’ recommendation on appointment of following members of the Fatwa and Shari’a Supervisory Board:

Dr. Hussein Hamid Hassan (Chairman)

Dr. Mohammad Abdul Rahim Sultan AlOlama (Member)

Dr. Yousef Alshubaily (Member)

Dr. Mohammad Zoeir (Member and General Secretary)

- Dr. Muhammad Qaseem (Member)

9. Approved to absolve the members of the Board of Directors from responsibilities for the financial year ended 31/12/2016.

10. Approved to absolve the external auditors from responsibilities for the financial year ended 31/12/2016.

11. Reappointment of M/s. KPMG Lower Gulf Limited as auditors for the financial year 2017 and agreed on their fees.

12. Approved remuneration of the Board of Directors with respect to the financial year ended 31/12/2016.

13. Special Resolution:

Approved and ratified:

  • To authorize the Board of Directors of the Bank to issue any senior or subordinated sukuk and/or other similar instruments non-convertible, whether under a programme or otherwise, for an amount not exceeding US Dollars 5 BILLION (or the equivalent thereof in other currencies) and to authorize the Board of Directors to determine and agree on the timing of any such issuance, provided that this is undertaken in compliance with the provisions of the UAE federal commercial companies law and any regulations or guidelines issued by any governmental or regulatory authority pursuant to such law and after obtaining all approvals required from the relevant competent regulatory authorities.

14. Special Resolution:

Approved and ratified:

Increase of the ceiling of non-convertible Shari’a compliant hybrid tier 1 capital instruments in accordance with the principles of Shari’a by USD ONE BILLION (or the equivalent thereof in other currencies) for the purpose of strengthening the Bank’s capital. The increase of USD ONE BILLION will take the total tier 1 capital from USD TWO BILLION to USD THREE BILLION.

The increase in Tier 1 capital as per (a) above can be offered either once or series of issuances up to the maximum of USD ONE BILLION and to authorize the Board of Directors to take all necessary actions to determine the timing, amount, offering mechanism, transaction structure and other terms and conditions and after obtaining all approvals required from the relevant competent regulatory authorities.

Last Date For Dividend EntitlementWednesday, March 01, 2017Ex-Dividend DateThursday, March 02, 2017
Register Closing (Settlement) DateSunday, March 05, 2017Trading Suspension Date
Trading Resuming DateDividends Payment Date
Payment EntityDubai Financial MarketMeeting VenueMain Auditorium at Dubai Chamber of Commerce
1 File(s)
Meeting Date/TimeMar 01, 2016 05:00:00 PMType of MeetingAnnual General Meeting
Net Profit/Loss3,839.3 millionCash Dividend45%
Bonus Share
Announcements/Resolutions

1. Approved the report of the Board of Directors on the Bank’s activities and its financial position, the report of the Fatwa and Sharia Supervisory Board and the auditor’s report for the financial year ended31/12/2015.

2. Approved the Bank’s Balance Sheet, profit and loss statement for the financial year ended 31/12/2015.

3. Approved the Board of Directors’ recommendation on distribution of 45% cash dividend to the shareholders in respect to the financial year 2015.

4. Approved the Board of Directors’ recommendation on appointment of following members of the Fatwa and Shari’a Supervisory Board:

  1. Dr. Hussein Hamid Hassan (Chairman)

  2. Dr. Mohammad Abdul Rahim Sultan AlOlama (Member)

  3. Dr. Yousef Alshubaily (Member)

  4. Dr. Mohammad Zoeir (Member and General Secretary)

  5. Dr. Muhammad Qaseem (Member)

5. Approved to absolve the members of the Board of Directors from responsibilities for the financial year ended 31/12/2015.

6. Approved to absolve the external auditors from responsibilities for the financial year ended 31/12/2015.

7. Reappointment of M/s. KPMG as auditors for the financial year 2016 and agreed on their fees.

8. Approved remuneration of the Board of Directors with respect to the financial year ended 31/12/2015.

9. Special Resolution:

Approved and ratified:

(a) the Board of Directors’ recommendation to increase the paid up capital of the Bank up to the maximum amount of AED 988,437,777 (Nine Hundred and Eighty Eight Million, Four Hundred and Thirty Seven Thousand and Seven Hundred and Seventy Seven) through the issuance up to the maximum of 988,437,777 new shares at nominal value of AED 1 to be issued at a discount to the market price at the time of issuance subject to approval of the Securities and Commodities Authority and the competent authorities on the method for determining the issuance price and to authorize the Bank’s Board of Directors to take all necessary actions to determine the amount, timing and details of the capital increase and to seek the required approval from the relevant competent regulatory authorities.

(b) Each shareholder has a priority right entitling a maximum of one (1) new share for every four (4) shares held, so that the paid up capital of the Bank will increase from AED 3,953,751,107 currently to the maximum of AED 4,942,188,884 (Four Billion, Nine Hundred and Forty Two Million, One Hundred and Eighty Eight Thousand and Eight Hundred and Eighty Four) representing a maximum increase of AED 988,437,777.

(c) The increase in capital as per (a) above can be offered either once or series of issuances up to the maximum of 988,437,777 shares and the amount, timing and details of each issuance to be determined by the Board of Directors of the Bank after obtaining the required approval from the relevant competent regulatory authorities.

(d) to adopt authorized capital of the bank amounting to AED 7,907,502,214 (Seven billion nine hundred and seven million and five hundred and two thousand and two hundred and fourteen ) being twice of paid up capital of AED 3,953,751,107.

(e) To authorize the Bank’s Board of Directors to undertake all necessary procedures and steps to duly implement the resolutions stated herein in accordance with the applicable provisions of Commercial Companies Law, and to delegate any or all its powers in this regard to any of its members or to others.  

(10) Special Resolution:

Approved and ratified:

(a) on increase of the ceiling of non-convertible Shari’a compliant hybrid tier 1capital instruments in accordance with the principles of Shari’a by USD 750 million (or the equivalent thereof in other currencies)   for the purpose of strengthening the Bank’s capital. The increase of USD 750 million will take the total tier 1 capital from USD 2.0 billion to USD 2.75 billion.

(b) on the increase in Tier 1 capital as per (a) above can be offered either once or series of issuances up to the maximum of USD 750 million. Authorize the Board of Directors to take all necessary actions to determine the timing, amount, offering mechanism, transaction structure and other terms and conditions and after obtaining all approvals required from the relevant competent regulatory authorities.

(11) Special Resolution:

Approved and ratified:

  • To authorize the Board of Directors of the Bank to issue any senior or subordinated sukuk and/or other similar instruments non-convertible, whether under a programme or otherwise, as the Board of Directors of the Bank deem fit, including determining and agreeing the timing and relevant terms of any such issuance, provided that this is undertaken in compliance with the provisions of the UAE federal commercial companies law and any regulations or guidelines issued by any governmental or regulatory authority pursuant to such law and after obtaining all approvals required from the relevant competent regulatory authorities.

(12) Special Resolution:

Approved and ratified:

  • The Board of Directors’ recommendation to amend the Memorandum and Articles of Association of the Bank in accordance with the Commercial Companies Law and the AGM’s resolutions with respect to the share capital increase, subject to approval of the competent authorities.

Last Date For Dividend EntitlementWednesday, March 09, 2016Ex-Dividend DateThursday, March 10, 2016
Register Closing (Settlement) DateSunday, March 13, 2016Trading Suspension Date
Trading Resuming DateDividends Payment Date
Payment EntityDubai Financial MarketMeeting VenueMain Auditorium at Dubai Chamber of Commerce
1 File(s)
Meeting Date/TimeMar 01, 2015 05:00:00 PMType of MeetingAnnual General Meeting
Net Profit/Loss2.804 BillionCash Dividend40%
Bonus Share
Announcements/Resolutions

1. Approved the report of the Board of Directors on the Bank’s activities and its financial position, the report of the Fatwa and Sharia Supervisory Board and the auditor’s report for the financial year ended 31/12/2014.

2. Approved the Bank’s Balance Sheet, income statement for the financial year ended 31/12/2014.

3. Reappointed M/s. KPMG as auditors for the financial year 2015 and agreed on their fees.

4. Approved the Board of Directors’ recommendation on distribution of 40% cash dividend to the shareholders in respect to the financial year 2014.

5. Absolved the members of the Board of Directors and the auditors from responsibilities for the financial year ended 31/12/2014.

6. Approved remuneration of the Board of Directors with respect to the financial year ended 31/12/2014.

Last Date For Dividend EntitlementMonday, March 09, 2015Ex-Dividend DateTuesday, March 10, 2015
Register Closing (Settlement) DateWednesday, March 11, 2015Trading Suspension Date
Trading Resuming DateDividends Payment DateWednesday, March 11, 2015
Payment EntityDubai Financial MarketMeeting VenueThe Main Auditorium at the Dubai Chamber of Commerce Head Office
1 File(s)
Meeting Date/TimeMar 02, 2014 05:00:00 PMType of MeetingAnnual General Meeting
Net Profit/Loss1718029000Cash Dividend25%
Bonus Share
Announcements/Resolutions1. Approved the report of the Board of Directors on the Bank’s activities and its financial position, the report of the Fatwa and Sharia Supervisory Board and the auditors report for the financial year ended 31/12/2013.
2. Approved the Bank’s Balance Sheet, income statement for the financial year ended 31/12/2013.
3. Members of the Board of Directors for the period 2014 – 2017 were also elected:
- H. E. Mohammad Ibrahim Al Shaibani  (Chairman)
- Mr. Hamad Abdulla Al Shamsi (Member)
- Mr. Yahya Saeed Ahmad Lootah (Member)
- Mr. Abdulla Ali Obaid Al Hamli (Member)
- Mr. Ahmad Mohammad Saeed Bin Humaidan (Member)
- Mr. Abdulaziz Ahmed Al Muhairi (Member)
- Mr. Abdulla Hamad Al Shamsi (Member)
- H.E. Hamad Buamim (Member)
- Mr. Adan Mohammed (Member)
4. Appointed M/s. KPMG as auditors for the financial year 2014 and agreed on their remuneration.
5. Approved the Board of Directors’ recommendation on distribution of 25% cash dividend to the shareholders in respect to the financial year 2013.
6. Absolved the members of the Board of Directors and the auditors from responsibilities for the financial year ended 31/12/2013.
7. Approved remuneration of the Board of Directors with respect to the financial year ended 31/12/2013.
Last Date For Dividend EntitlementMonday, March 10, 2014Ex-Dividend DateTuesday, March 11, 2014
Register Closing (Settlement) DateWednesday, March 12, 2014Trading Suspension Date
Trading Resuming DateDividends Payment Date
Payment EntityDubai Financial MarketMeeting VenueThe Main Auditorium at the Dubai Chamber of Commerce Head Office
1 File(s)
Meeting Date/TimeMar 20, 2012 05:00:00 PMType of MeetingAnnual General Meeting
Net Profit/LossAED 1,056,415,000Cash Dividend12.5%
Bonus Share
Announcements/Resolutions- Approved Directors & Fatwa and legal supervision & Auditors reports for the year ended 31/12/2011 - Approved the financial statements for the year ended 31/12/2011 – Approved the cash dividends distribution of 12.5% - Absolved the members of the Board of Directors and the auditors from responsibilities for the year ended 31/12/2011 - Approved the re-appointment of the external auditors for the financial year 2012 - Approved the remuneration to Board of Directors for the year ended 31/12/2011 - Approved the appointment of a member in the Board of Director.
Last Date For Dividend Entitlement28/03/2012Ex-Dividend Date29/03/2012
Register Closing (Settlement) Date01/04/2012Trading Suspension Date
Trading Resuming DateDividends Payment Date
Payment EntityMeeting VenueDubai World Trade Centre
Meeting Date/TimeMar 31, 2011 05:00:00 PMType of MeetingAnnual General Meeting
Net Profit/LossAED 812,633,000Cash Dividend10%
Bonus Share
Announcements/Resolutions- Approved the report of the BOD , Fatwa and Sharia Supervisory & the auditor’s report for the year ended 31/12/2010 - Approved balance sheet and the Income Statement of the company for the year ended 31/12/2010 - Absolved the members of the Board of Directors and the auditors from responsibilities for the year ended 31/12/2010 – Approved to appoint auditors for the Financial Year 2011 - Approved the BOD remuneration - Approved the Election of nine Board of Directors for the year 2011 - Approved to distribute 10% cash dividend
Last Date For Dividend Entitlement06/ April /2011 Ex-Dividend Date07/ April /2011
Register Closing (Settlement) Date10/ April /2011 Trading Suspension Date
Trading Resuming DateDividends Payment Date
Payment EntityMeeting VenueDubai World Trade Center
Meeting Date/TimeMay 12, 2010 05:00:00 PMType of MeetingExtraordinary Meeting
Net Profit/LossAED 1,212,281,000Cash Dividend
Bonus Share
Announcements/Resolutions- Approved the agreement between the Ministry of Finance in the UAE and the Bank. – Approved causing the necessary amendments on Article of Association
Last Date For Dividend EntitlementEx-Dividend Date
Register Closing (Settlement) DateTrading Suspension Date
Trading Resuming DateDividends Payment Date
Payment EntityMeeting VenueDubai World Trade Center
Meeting Date/TimeMar 31, 2010 05:00:00 PMType of MeetingAnnual General Meeting
Net Profit/LossAED 1,212,281,000Cash Dividend15%
Bonus Share5%
Announcements/Resolutions- Approved BOD members, Fatwa & Sharia Supervisory Board & auditor’s report - Approved the consolidated financial statements for the year ended 31/12/2009 - Approved to distribute cash dividends of 15% & 5% bonus shares - Absolved members of the Board of Directors & the auditors from responsibilities for the year ended 31/12/2009 – Approved re-appointing auditors for 2010
Last Date For Dividend Entitlement07/04/2010Ex-Dividend Date08/04/2010
Register Closing (Settlement) Date11/04/2010Trading Suspension Date
Trading Resuming DateDividends Payment Date
Payment EntityMeeting VenueDubai World Trade Center
Meeting Date/TimeMar 25, 2009 05:00:00 PMType of MeetingAnnual General Meeting
Net Profit/LossAED 1,730,290,000Cash Dividend25%
Bonus Share5%
Announcements/Resolutions- Approved BOD members, Fatwa and Sharia Supervisory Board and auditor’s report - Approved on the consolidated financial statements for the year ended 31/12/2008 - Approved to distribute cash dividends of 25% and 5% bonus shares - Absolved the members of the Board of Directors and the auditors from responsibilities for the year ended 31/12/2008 – Approved re- appointing auditors for 2009
Last Date For Dividend Entitlement01/ April /2009 Ex-Dividend Date02/ April /2009
Register Closing (Settlement) Date05/ April /2009 Trading Suspension Date
Trading Resuming DateDividends Payment Date06/ April /2009
Payment EntityMeeting VenueDubai World Trade Center
Meeting Date/TimeFeb 25, 2007 04:30:00 PMType of MeetingAnnual General Meeting
Net Profit/LossAED 1.56 billionCash Dividend35%
Bonus Share7%
Announcements/ResolutionsApproving the auditors report, the balance sheet and the profit & loss statement of the bank for the year 2006 -Approving a 35% cash dividends and 7% bonus shares.
Last Date For Dividend Entitlement01/ Mar /2007 Ex-Dividend Date
Register Closing (Settlement) Date05/ Mar/2007 Trading Suspension Date
Trading Resuming DateDividends Payment Date
Payment EntityMeeting VenueDubai Chamber of Commerce and Trade
Top ShareholdersLast Refreshed at: 26 July 2017

Individual Investors

ShareholdersPercentage
INVESTMENT CORPORATION OF DUBAI 28.33%
سعيد احمد لوتاه 6.91%

  • 1 EN
    1

    Article of Association - 0001 (DIB - النظام الاساسي 2017)

Foreign Investments View all
National GCC Arab Other Nationalities
Country of Origin Actual Permitted Actual Permitted Actual Permitted Actual Permitted As of Date:
United Arab Emirates 82.9% 100% 5.67% 25% 1.64% 25% 9.79% 25% 26-07-2017
Showing Last 10 Corporate Governance Reports - DIB View all
No data could be found.
Showing Corporate Actions - DIB View all
Year2017Corporate Action TypeCash dividends
Last Date For Action Entitlement3/1/2017Ex-Dividend Date3/2/2017
Register Closing (Settlement) Date3/5/2017Trading Suspension Date1/1/1900
Trading Resuming Date1/1/1900Run (Effective) Date1/1/1900
Corporate Action DetailsDistribute 45% cash dividends as agreed at the GA held on 22/02/2017
Year2016Corporate Action Typecash dividends
Last Date For Action Entitlement3/9/2016Ex-Dividend Date3/10/2016
Register Closing (Settlement) Date3/13/2016Trading Suspension DateNot Available
Trading Resuming DateNot AvailableRun (Effective) DateNot Available
Corporate Action DetailsDistribute 45% cash dividends as agreed at the GA held on 01/03/2016
Year2015Corporate Action TypeCash Dividends
Last Date For Action Entitlement9/3/2015Ex-Dividend Date10/3/2015
Register Closing (Settlement) Date11/3/2015Trading Suspension DateNot Available
Trading Resuming DateNot AvailableRun (Effective) DateNot Available
Corporate Action DetailsDistribute 40% cash dividends as agreed at the AGM held on 01/03/2015
Year2014Corporate Action TypeCash Dividends
Last Date For Action Entitlement3/10/2014Ex-Dividend Date3/11/2014
Register Closing (Settlement) Date3/12/2014Trading Suspension DateNot Available
Trading Resuming DateNot AvailableRun (Effective) DateNot Available
Corporate Action DetailsDistribute 25% cash dividends as agreed at the AGM held on 02/03/2014
Year2013Corporate Action TypeCash Dividends
Last Date For Action Entitlement3/12/2013Ex-Dividend Date3/13/2013
Register Closing (Settlement) Date3/14/2013Trading Suspension DateNot Available
Trading Resuming DateNot AvailableRun (Effective) DateNot Available
Corporate Action DetailsDistribute 15% cash dividends as agreed at the AGM held on 04/03/2013.
Year2012Corporate Action TypeCash Dividends
Last Date For Action Entitlement3/28/2012Ex-Dividend Date3/29/2012
Register Closing (Settlement) Date4/1/2012Trading Suspension DateNot Available
Trading Resuming DateNot AvailableRun (Effective) DateNot Available
Corporate Action DetailsDistribute 12.5% cash dividends as agreed at the AGM held on 20/03/2012.
Year2011Corporate Action TypeCash Dividends
Last Date For Action Entitlement4/6/2011Ex-Dividend Date4/7/2011
Register Closing (Settlement) Date4/10/2011Trading Suspension DateNot Available
Trading Resuming DateNot AvailableRun (Effective) DateNot Available
Corporate Action DetailsDistribute 10% cash dividends as agreed at the AGM held on 31/03/2011
Year2010Corporate Action TypeCash Dividends
Last Date For Action Entitlement4/7/2010Ex-Dividend Date4/8/2010
Register Closing (Settlement) Date4/11/2010Trading Suspension DateNot Available
Trading Resuming DateNot AvailableRun (Effective) DateNot Available
Corporate Action DetailsDistribute 15% cash dividends as agreed at the AGM held on 31/03/2010.
Year2010Corporate Action TypeBonus Shares
Last Date For Action Entitlement4/7/2010Ex-Dividend Date4/8/2010
Register Closing (Settlement) Date4/11/2011Trading Suspension DateNot Available
Trading Resuming DateNot AvailableRun (Effective) Date4/11/2010
Corporate Action DetailsIssue 05% bonus shares as agreed at the AGM held on 31/03/2010 leading the number of shares reaches 3,798,380,250
Year2009Corporate Action TypeCash Dividends
Last Date For Action Entitlement4/1/2009Ex-Dividend Date4/2/2009
Register Closing (Settlement) Date4/5/2009Trading Suspension DateNot Available
Trading Resuming DateNot AvailableRun (Effective) DateNot Available
Corporate Action DetailsDistribute 25% cash dividends as agreed at the AGM held on 25/03/2009.
Year2009Corporate Action TypeBonus Shares
Last Date For Action Entitlement4/1/2009Ex-Dividend Date4/2/2009
Register Closing (Settlement) Date4/5/2009Trading Suspension DateNot Available
Trading Resuming DateNot AvailableRun (Effective) Date4/6/2009
Corporate Action DetailsIssue 5% bonus shares as agreed at the AGM held on 25/3/2009 leading the number of shares reaches 3,617,670,000
Year2008Corporate Action TypeCash Dividends
Last Date For Action Entitlement3/17/2008Ex-Dividend Date3/18/2008
Register Closing (Settlement) Date3/19/2008Trading Suspension DateNot Available
Trading Resuming DateNot AvailableRun (Effective) DateNot Available
Corporate Action DetailsDistribute 40%. cash dividends as agreed at the AGM held on 9/03/2008.
Year2008Corporate Action TypeBonus Shares
Last Date For Action Entitlement3/17/2008Ex-Dividend Date3/18/2008
Register Closing (Settlement) Date3/19/2008Trading Suspension DateNot Available
Trading Resuming DateNot AvailableRun (Effective) Date3/18/2008
Corporate Action DetailsIssue 15% bonus shares as agreed at the AGM held on 9/03/2008 , leading the number of shares reaches 3,445,400,000.00
Year2007Corporate Action TypeBonus Shares
Last Date For Action Entitlement3/1/2007Ex-Dividend Date3/4/2007
Register Closing (Settlement) Date3/5/2007Trading Suspension DateNot Available
Trading Resuming DateNot AvailableRun (Effective) Date3/5/2007
Corporate Action DetailsIssue 7% bonus shares as agreed at the AGM held on 25/2/2007, leading the number of shares reaches 2,996,000,000.
Year2007Corporate Action TypeCash Dividends
Last Date For Action Entitlement3/1/2007Ex-Dividend Date3/4/2007
Register Closing (Settlement) Date3/5/2007Trading Suspension DateNot Available
Trading Resuming DateNot AvailableRun (Effective) Date3/5/2007
Corporate Action DetailsDistribute 35% cash dividends as agreed at the AGM held on 25/2/2007.
Year2006Corporate Action Type Bonus Shares
Last Date For Action Entitlement3/4/2006Ex-Dividend Date3/5/2006
Register Closing (Settlement) Date3/6/2006Trading Suspension DateNot Available
Trading Resuming DateNot AvailableRun (Effective) DateNot Available
Corporate Action DetailsDistribution of 20% bonus shares as AGM Decision on 25/2/2006
Year2006Corporate Action TypeCash Dividends
Last Date For Action Entitlement3/4/2006Ex-Dividend Date3/5/2006
Register Closing (Settlement) Date3/6/2006Trading Suspension DateNot Available
Trading Resuming DateNot AvailableRun (Effective) DateNot Available
Corporate Action DetailsDistribution of 20% cash dividends as AGM Decission on 25/2/2006
Year2006Corporate Action Type Capital Increase
Last Date For Action Entitlement2/21/2006Ex-Dividend Date2/22/2006
Register Closing (Settlement) Date2/23/2006Trading Suspension DateNot Available
Trading Resuming DateNot AvailableRun (Effective) DateNot Available
Corporate Action DetailsBOD Decision on 22/1/2006 with a premium of AED 2 a share by 66.7 %
Year2006Corporate Action TypeBonus Shares
Last Date For Action Entitlement3/4/2006Ex-Dividend Date3/5/2006
Register Closing (Settlement) Date3/6/2006Trading Suspension DateNot Available
Trading Resuming DateNot AvailableRun (Effective) Date3/6/2006
Corporate Action DetailsIssue bonus shares in the ratio of (20%) activated as agreed at the Annual General Meeting held on 25/02/2006. Number of shares becomes 1,800,000,000.
Year2005Corporate Action TypeCash Dividends
Last Date For Action Entitlement2/18/2005Ex-Dividend Date3/1/2005
Register Closing (Settlement) Date3/2/2005Trading Suspension DateNot Available
Trading Resuming DateNot AvailableRun (Effective) DateNot Available
Corporate Action DetailsDistribution of 20% cash dividends as AGM decission on 26/2/2005
Year2005Corporate Action Type Stock Split
Last Date For Action Entitlement8/7/2005Ex-Dividend Date8/8/2005
Register Closing (Settlement) Date8/9/2005Trading Suspension DateNot Available
Trading Resuming Date8/10/2005Run (Effective) Date8/9/2005
Corporate Action DetailsStock Split in the ratio of ten shares for every one share held is activated as agreed at the Extraordinary Meeting held on 12/07/2005. Change of par value to AED 1 from AED10. Number of issued shares becomes 1,500,000,000
Year2004Corporate Action TypeCapital Increase
Last Date For Action Entitlement9/14/2004Ex-Dividend Date9/15/2004
Register Closing (Settlement) Date9/16/2004Trading Suspension DateNot Available
Trading Resuming DateNot AvailableRun (Effective) Date9/18/2004
Corporate Action DetailsEGM decission dated 26/6/2004, with a premium of AED 10 per share.
Disclaimer
  • Ownership percentage is subject to change based on several reasons including the following:
    1. Trading activity.
    2. Off-Market Transactions such as family and inheritance transfers.
    3. Changes in the nationality status of investors.
    4. Securities deposits and withdrawals to and from DFM for Dual listed companies.
    5. Capital increase by issuing new shares to a strategic investor.
    6. Converting Bonds into shares.
    7. Equity added to the equity of the associated group.
    8. Direct Deals.

 

Percentages are updated daily after 4 pm
Disclaimer
The above published Ownership Percentages:
  • Are updated daily at the end of every trading day based on date of trade and not settlement date.

  • The ownership percentages are rounded off to 2 decimal places

  • Ownership percentages are subject to change due to the following:

    1. Trading activities.

    2. Off-Market Transactions such as family and inheritance transfers.

    3. Changes in the nationality status of investors.

    4. Securities deposits and withdrawals to and from DFM for Dual listed companies.

    5. Capital increases, by issuing new shares to Strategic investor

    6. Converting bonds or Sukuk into shares.

    7. Changes of associated group’s ownership.

    8. Direct Deals. (The ownership percentage is changed immediately after the execution of the deal).

    9. Failed trade settlement.


DISCLAIMER

The information provided in this document is only available in Arabic due to the (Dubai court attestations only being in Arabic herein after referred thereto as (“Information”) is provided by way of general information and comment only. While reasonable care has been taken in producing this Information, changes in circumstances may occur at any time and may impact on the accuracy of the Information. The Information does not constitute professional advice or provision of any kind of services and should not be relied upon as such.  Dubai Financial Market (“DFM”) and/or its affiliates, officers or employees,  does not give any warranty or representation as to the accuracy, reliability, timeliness or completeness of the Information now or in the future. DFM shall not be liable for any loss suffered, directly or indirectly by any person acting in reliance upon the Information contained herein. 


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