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Home > Issuers > Listed Securities > Securities > Company Profile Page

Al Salam Bank -Bahrain

SALAM_BAH
0.940
0.002
0.210%
Summary Period

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  • Market: DFM
  • Symbol: SALAM_BAH
  • ISIN: BH000A0J2481
  • Sector: Banks

Company Brief

Country of Origin: Kingdom of Bahrain

Al Salam Bank – Bahrain B.S.C. (“the Bank”) was incorporated in the Kingdom of Bahrain under the Bahrain Commercial Companies Law No. 21/2001 and was registered with Ministry of Industry and Commerce under Commercial Registration Number 59308 on 19 January 2006. The Bank is regulated and supervised by the Central Bank of Bahrain (“the CBB”) and has an Islamic retail banking license and is operating under Islamic principles, and in accordance with all relevance regulatory guidelines for Islamic banks issued by the CBB.

The activities of the Bank include managing profit sharing investment accounts, offering Islamic financing contracts, dealing in Shari’a-compliant financial instruments as principal/agent, managing Shari’a-compliant financial instruments and other activities permitted for under the CBB’s Regulated Banking Services as defined in the licensing framework. The Bank’s ordinary shares are listed in the Bahrain Stock Exchange and Dubai Financial Market.

Key Facts

ESTABLISHED

Jan 19, 2006

AUDITOR 

Ernst & Young

FISCAL YEAR END

DECEMBER

REGISTRAR

Fakhro Karvy Computershare W.L.L.

Board Members

CHAIRMAN

H.H. Shaikha Hessa Khalifa Hamad Al Khalifa

DEPUTY

H.H. Khalid bin Mustahail Al Mashani

MEMBERS 
Mr. Essam Abdulkadir A. Al Muhaidib
Mr. Husein Mohamed Salem Mohamed Al Meeza
Mr. Salman Saleh Salman Isa Al Mahmeed
Mr. Suliman bin Mohammed Al Yahyai
Mr. Hisham Saleh Al Saie
Mr. Mohammed Ghanem
Mr. Khalid AlHalyan
Mr. Yousuf Abdulla Mohamed Taqi

Top Management

Chief Executive Officer
Mr. yousif Taqi 

Sharia Supervisory Board (Chairman)
Mr. Dr. Hussain Hamid Hassan 

Sharia Supervisory Board
Mr.Dr. Ali Mohuddin Daghi 

Sharia Supervisory Board
Mr. Shaikh Adnan Abdulla Al Qattan 

Sharia Supervisory Board
Dr. Mohamed Abdulhakim Zoeir 

External Auditors Partner (E&Y)
Mr. Nadir Rahimi 

Deputy CEO - Support
Mr. Mukundan Raghavachari 

Chief Auditor/Board Secretary
Mr. Essa Bohiji 

Head of Investment Admin
Mr. Harish Venkatakrishnan 

Head of Retail
Mr. Abdulkarim Mohamed Abdulmajeed Turki 

Head of Private Banking
Mr. Anwar Mohamed Ali Murad 

Head of Legal & Compliance
Mrs. Nicole Phillips 

Head of Investment
Mr. Talal Al Mulla 

Head of Compliance & MLRO
Mr. Bader Al Shetti 

Head of Treasury
Mr. Hussain Abdulhaq 

Head of Investment Middle Office
Mr. Ahmed Abdulla Saif 

Chief Financail Offier
Mr. Krishnan Shyam 

Chief Operating Offier
Mr. Janaka Mindes 

Deputy CEO - Retail
Dr. Anwar Khalifa Ebrahim Al Sada 

Head of Shari'a Compliance
Dr. Mohammed Burhan 

Equity Profile

DATE OF LISTING

Mar 26, 2008

SECTOR

Banks

AUTHORIZED CAPITAL:

250,000,000.00 BD

ISSUED SHARES

2,140,930,752.00

PER VALUE SHARE

0.10 BD

Contact Details

Head Office

Kingdom of Bahrain- Manama

Address

MS Centre - Building 22 - Avenue 58 - Al Seef District 436 - P.O. BOX 18282 - Manama -Kingdom of Bahrain

Phone No.

+973 17 560 000

Fax No.

+973 17 560 003

Email address:

contact.us@alsalambahrain.com

Website

http://www.alsalambahrain.com

Showing Last 10 Disclosures - SALAM_BAH View all
SALAM_BAH 16-11-2017 08:32 AM

Press release

1 File(s)
SALAM_BAH 09-11-2017 08:58 AM

Results of BOD meeting including interim condensed consolidated financial statements for the 3rd QTR of 2017

3 File(s)
SALAM_BAH 23-10-2017 08:21 AM

Press release

1 File(s)
SALAM_BAH 16-10-2017 08:40 AM

Press release

1 File(s)
SALAM_BAH 30-09-2017 08:58 AM

Financial statements for the 3rd QTR of 2017

1 File(s)
SALAM_BAH 25-09-2017 07:57 AM

BOD meeting to be held by circulation

1 File(s)
SALAM_BAH 08-08-2017 08:07 AM

Results of BOD meeting held by circulation including interim condensed financial statements for the 2nd QTR of 2017

2 File(s)
SALAM_BAH 20-07-2017 07:36 AM

BOD meeting to be held by circulation

1 File(s)
SALAM_BAH 30-06-2017 10:30 AM

Financial statements for the 2nd QTR of 2017

1 File(s)
SALAM_BAH 04-05-2017 11:20 AM

Financial statements for the 1st QTR of 2017

1 File(s)
Showing Last 10 Issuer News - SALAM_BAH View all
SALAM_BAH 06-07-2015 12:18 AM

Press release

1 File(s)
SALAM_BAH 29-06-2015 11:10 AM

Press release

1 File(s)
SALAM_BAH 24-06-2015 01:54 AM

Press release

1 File(s)
SALAM_BAH 11-05-2015 01:48 AM

Press release

1 File(s)
SALAM_BAH 29-03-2015 02:11 AM

Press release

1 File(s)
SALAM_BAH 11-03-2015 09:57 AM

Press release

1 File(s)
SALAM_BAH 09-03-2015 08:38 AM

Press release regarding Al Salam Bank holds its winter camp for staff

1 File(s)
SALAM_BAH 08-12-2014 09:22 AM

Press release regarding Management change at BMI Bank

1 File(s)
SALAM_BAH 04-12-2014 09:06 AM

Press release regarding Al Salam Bank celebrates Bahraini Women’s Day

1 File(s)
SALAM_BAH 22-10-2014 09:09 AM

Press release regarding Al Salam Bank holds information event on Electoral System

1 File(s)
Showing Last 10 Financial Reports - SALAM_BAH View all
SALAM_BAH 30-09-2017 08:58 AM

Financial statements for the 3rd QTR of 2017

1 File(s)
SALAM_BAH 30-06-2017 10:30 AM

Financial statements for the 2nd QTR of 2017

1 File(s)
SALAM_BAH 04-05-2017 11:20 AM

Financial statements for the 1st QTR of 2017

1 File(s)
SALAM_BAH 31-12-2016 02:28 AM

Financial statements for the year of 2016

1 File(s)
SALAM_BAH 30-09-2016 12:13 AM

Financial statements for the 3rd QTR of 2016

1 File(s)
SALAM_BAH 30-06-2016 12:39 AM

Financial statements for the 2nd QTR of 2016

1 File(s)
SALAM_BAH 15-05-2016 05:03 AM

Financial statements for the 1st QTR of 2016

1 File(s)
SALAM_BAH 28-04-2016 03:29 AM

Financial statements for the year of 2015

1 File(s)
SALAM_BAH 12-11-2015 03:26 AM

Financial statements for the 3rd QTR of 2015

1 File(s)
SALAM_BAH 12-08-2015 03:31 AM

Financial statements for the 2nd QTR of 2015

1 File(s)
Showing Last 10 General Meetings - SALAM_BAH View all
Meeting Date/TimeMar 08, 2017 10:00:00 AMType of MeetingGeneral Assembly
Net Profit/Loss16,096 MCash Dividend5
Bonus Share
Announcements/Resolutions

The Resolution of the Annual Ordinary General Meeting:

 

1. The minutes of the previous Annual Ordinary General Meeting held on 29 February 2016 were approved.

 

2.  The General Assembly unanimously approved the Board of Directors’ report on the Bank’s activities for the year ended 31 December 2016.

 

3.  The AGM unanimously approved the Shari’a Supervisory Board’s report for the year ended 31 December 2016.

 

4.  The AGM unanimously approved  the external auditors’ report for the year ended 31 December 2016.

 

5.   The AGM unanimously approved the financial statements for the year ended 31 December 2016.

 

6.  The AGM  authorize and ratify the operations and transactions carried out during the year ended 31 December 2016 with any related parties or major shareholders of the Bank as outlined in the Board of Directors report presented to the general assembly and consolidated audited financial statements and approve the same, in line with Article 189 of Bahrain Commercial Companies Law.

 

7.  The AGM unanimously approved to appropriate the net profit for the year ended 31 December 2016 upon the recommendations of the Board of Directors as follows:

a.     Transfer of BD 1,622,000 to statutory reserves.

b.   Distribution of dividends of 5 fils per share or 5% of the paid up share capital, amounting to BD 10,705,000 for the year ended 31 December 2016, subject to Central Bank of Bahrain approval. The dividends shall be distributed by no later than 18 March 2017.

c.     Approve the Board of Directors’ remuneration in the aggregate amount of BD 389,000 for the year ended 31 December 2016.

8.  The AGM unanimously approved the Bank’s compliance with the Corporate Governance Guidelines and the Central Bank of Bahrain’s requirements. 

 

9. The AGM unanimously agreed to absolve the members of the Board from liability for their actions during the year ended 31 December 2016.

10.  The AGM unanimously approved to repurchasing of the Bank’s shares as Treasury shares up to 10% of the shares issued.

 

11.  The AGM approved the Bank’s proposal in instituting a share repurchase programme (optional)  involving all shareholders of the Bank holding less than 1,000 shares on a record date to be specified by the Bank and at market price on the Annual Ordinary General Meeting date plus a cash premium of 10 fils subject to obtaining the necessary regulatory approvals.

 

12.  The AGM unanimously agreed to authorize the Board of Directors to appoint a licensed broker authorized by the Central Bank of Bahrain and registered with Bahrain Bourse sign on any and all documents and conclude the necessary procedures for the completion of the share repurchases.

 

13. The AGM unanimously agreed to appointment of the Shari’a Supervisory Board for the year ending 31 December 2017 and authorize the Board of Directors to determine their remuneration .

 

14.  The AGM unanimously agreed to appointment of Ernst & Young as external auditors for the year ending 31 December 2017 and authorize the Board of Directors to determine their remuneration, subject to the approval of the Central Bank of Bahrain.

 

15.  To discuss and approve any other matters that may arise as per Article 207 of the Commercial Companies Law.

 


Last Date For Dividend EntitlementWednesday, March 08, 2017Ex-Dividend DateThursday, March 09, 2017
Register Closing (Settlement) DateSunday, March 12, 2017Trading Suspension Date
Trading Resuming DateDividends Payment DateSunday, March 19, 2017
Payment EntityKarvy Computershare and DFMMeeting VenueManama, Four Seasons Hotel Bahrain Bay - kingdom of Bahrain
1 File(s)
Meeting Date/TimeFeb 29, 2016 12:00:00 AMType of MeetingAnnual General Meeting
Net Profit/LossBD 10,548,000 Cash DividendBD 10,705,000
Bonus Share
Announcements/Resolutions

1. To approve the minutes of the previous Annual Ordinary General Meeting held on 24 February 2015.
2. To discuss and approve the Board of Directors’ report on the Bank’s activities for the year ended 31 December 2015.
3. To receive the Shari’a Supervisory Board’s report for the year ended 31 December 2015.
4. To receive the external auditor’s report for the year ended 31 December 2015.
5. To review and approve the financial statements for the year ended 31 December 2015.
6. To appropriate the net profit for the year 2015 upon the recommendations of the Board of directors as follows:
a. Transfer of BD1,234,600 to statutory reserves.
b. Distribution of dividends of 5 fils per share or 5% of the paid up share capital, amounting to BD10,705,000 for the year ended 31 December 2015, subject to the approval of the regulatory bodies.
c. Approve Board of Directors remuneration in the aggregate amount of BD365,000 for the year ended 31 December 2015, subject to the approval of the Ministry of Industry, Commerce and Tourism.
7. To receive report on the Bank’s compliance with the Corporate Governance Guidelines and the Central Bank of Bahrain’s requirements. 
8. To absolve the members of the Board from liability for their actions during the year ended 31 December 2015.
9. To reduce the number of Board Directors for the continuing term to 10 directors.
10. Reappointment of Ernst & Young as external auditors for the year ending 31 December 2016 and authorize the Board of Directors to determine their remuneration, subject to the approval of the Central Bank of Bahrain.
11. New matters that may arise as per Article 207 of the Commercial Companies’ Law.


Last Date For Dividend EntitlementMonday, February 29, 2016Ex-Dividend DateTuesday, March 01, 2016
Register Closing (Settlement) DateWednesday, March 02, 2016Trading Suspension Date
Trading Resuming DateDividends Payment DateSunday, March 13, 2016
Payment EntityKarvy Computershare (Registrar)Meeting VenueAl Murjan Ballroom 1, Movenpick Hotel, Kingdom of Bahrain
1 File(s)
Meeting Date/TimeFeb 24, 2015 12:00:00 PMType of MeetingAnnual General Meeting
Net Profit/Loss15,821,000Cash Dividend5%
Bonus Share
Announcements/Resolutions

The Shareholders approved the following items of the agenda:

1. To approve the minutes of the previous AGM meeting held on 3 March 2014.

2. To discuss and approve the Board of Directors’ report on the Bank’s activities for the year ended 31 December 2014.

3. To receive the Shari’a Supervisory Board’s report for the year ended 31 December 2014.

4. To receive the external auditor’s report for the year ended 31 December 2014.

5. To review and approve the financial statements for the year ended 31 December 2014.

6. To appropriate the net profit for the year ending 2014 upon the recommendations of the Board of directors as follows:

a. Transfer of BD1,555,000 to statutory reserves.

b. Distribution of dividends of 5 fils per share or 5% ofthe paid up share capital, amounting toBD10,705,000 for the year ended 31December 2014.

c. Approve Board of Directors remuneration in the aggregate amount of BD329,000 for the year ended31 December 2014.

7. To receive reporton the Bank’s compliance with the Corporate Governance Guidelines and the Central Bank of Bahrain’s requirements. 

8. To absolve the members of the Board from liability for their actions during the year ended 31December 2014.

9. Approve there muneration framework in the Bank incompliance with the Central Bank of Bahrain’srequirements.

10. To appoint orre-appoint members of the Shari’aSupervisory Board for the next three years.

11. Reappointment of Ernst & Young as external auditors for the year ending 31 December 2015 and authorize the Board of Directors todetermine their remuneration, subject to the approval of the Central Bank of Bahrain.

12. Suggest limiting the number of Directors for the coming term to 11 directors.

13. Appoint/elect the members of the Board of Directors for the next term of three years, subject to the approval of the Central Bank of Bahrain.

14. New matters that may arise as per Article 207 of the Commercial Companies’ Law.

               

 

Last Date For Dividend EntitlementTuesday, February 24, 2015Ex-Dividend DateWednesday, February 25, 2015
Register Closing (Settlement) DateThursday, February 26, 2015Trading Suspension Date
Trading Resuming DateDividends Payment DateWednesday, March 11, 2015
Payment EntityKarvy Computershare (Registrar)Meeting VenueMovenpick Hotel, Bahrain
1 File(s)
Meeting Date/TimeMar 03, 2014 11:00:00 AMType of MeetingAnnual General Meeting
Net Profit/Loss12.4 millionCash Dividend5%
Bonus Share
Announcements/Resolutions

To approve the minutes of the previous AGM meeting held on 20 February 2013. To discuss and approve the Board of directors’ report on the Group’s activities for the year ended 31 December 2013. To receive the Shari’a Supervisory Board report for the year ended 31 December 2013. To receive the external auditor’s report for the year ended 31 December 2013. To review and approve the financial statements for the year ended 31 December 2013. To appropriate the net profit for the year ending 2013 upon the recommendations of the Board of directors as follows:

a.     Transfer of BD1,237,200 to statutory reserves.

b.     Distribution of dividends of 5 fils per share or 5% of the paid up share capital (excluding Treasury shares), amounting to BD7,446,790 for the year ended 31 December 2013

To receive report on the Bank’s compliance with the Corporate Governance Guidelines and the Central Bank of Bahrain’s requirements.  To absolve the members of the Board from liability for their actions during the year ended 31 December 2013. Appointment of Ernst & Young as external auditors for the year ending 31 December 2014 and authorize the Board of Directors to determine their remuneration. Approve Board of Directors remuneration in the aggregate amount of BD364,948 for the year ended 31 December 2013.

Last Date For Dividend EntitlementMonday, March 03, 2014Ex-Dividend DateTuesday, March 04, 2014
Register Closing (Settlement) DateWednesday, March 05, 2014Trading Suspension DateMonday, March 03, 2014
Trading Resuming DateTuesday, March 04, 2014Dividends Payment DateSunday, March 16, 2014
Payment EntityDubai Financial MarketMeeting VenueMovenpick Hotel, Bahrain
1 File(s)
Meeting Date/TimeFeb 20, 2013 02:00:00 PMType of MeetingAnnual General Meeting
Net Profit/Loss497000Cash Dividend5%
Bonus Share0
Announcements/Resolutions

Approved the minutes of the previous AGM held on 20 March 2012

Discussed and approved the Board of Director’s report on the Group’s activities for the year ended 31/12/2012

Received the Shari’a Supervisory Board report for the year ended 31/12/2012

Received the external auditors report for the year ended 31/12/2012

Reviewed and approved the financial statements for the year ended 31/12/2012

Appropriate the net profit for the year ending 2012 upon the recommendations of the Board of Directors as follows:

a.       Transfer of BD1,027 thousands to statutory reserves

b.      Distribution of dividends of 5 fils per share or 5% of the paid up share capital, amounting to BD 7,485 thousands for the year ended 31/12/2012

Received report on the Banks compliance with the corporate governance guidelines and the central bank of Bahrain’s requirements

Absolve the members of the Board from liability for their actions during the year ended 31/12/2012

Appointment of Ernst & Young as external auditiors for the year ended 31/12/2012 and authorize the board of directors remuneration in the aggregate amount of BD 100,000 for the year ended 31/12/2012

Increase Shari’a board remuneration and approve their remuneration for the year ended 31/12/2012

Last Date For Dividend EntitlementWednesday, February 20, 2013Ex-Dividend DateThursday, February 21, 2013
Register Closing (Settlement) DateSunday, February 24, 2013Trading Suspension DateWednesday, February 20, 2013
Trading Resuming DateThursday, February 21, 2013Dividends Payment Date
Payment EntityMeeting VenueAl Murjan Ballroom 1&2, Movenpick Hotel, Kingdom of Bahrain
2 File(s)
Meeting Date/TimeMar 20, 2012 11:00:00 AMType of MeetingAnnual General Meeting
Net Profit/LossBahraini Dinar 497,000Cash Dividend
Bonus Share
Announcements/Resolutions- Approved the minutes of the previous AGM meeting held on 22/02/2011 - Approved Directors & Auditors reports for the year ended 31/12/2011 – Listened to the report of the Fatwa and Shari’a Supervisory Board of the Bank for the year ended 31/12/2011 - Approved the financial statements for the year ended 31/12/2011 – Approved the recommendation of the Board of Directors to allocate net profit for the year 2011, as follows: (a) the transfer of BD 139.000 to the legal reserve. (B) Allocation of BD 100,000 for donations and charity – Approved the corporate governance report of the bank - Absolved the members of the Board of Directors and the auditors from responsibilities for the year ended 31/12/2011 - Appointment or re-appointment of members of the Fatwa and Shari'a Supervisory Board for the next three years - Approved the appointment of the external auditors for the financial year 2012 - Approved the election of the Board of Director members.
Last Date For Dividend EntitlementEx-Dividend Date
Register Closing (Settlement) DateTrading Suspension Date20/03/2012
Trading Resuming Date21/03/2012Dividends Payment Date
Payment EntityMeeting VenueThe Ritz Carlton Hotel
1 File(s)
Meeting Date/TimeFeb 22, 2011 12:00:00 PMType of MeetingAnnual General Meeting
Net Profit/LossBahraini Dinar 7,316,000Cash Dividend
Bonus Share
Announcements/Resolutions- Approved the minutes of the last General Assembly Meeting held on 08/03/2010 - Approved Directors and auditor’s report for the year ended 31/12/2010 - Approved balance sheet and the profit & loss statements 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 - re-appoint external auditors for the Financial Year 2011 and approved their fees - Approved on the Shari’a Supervisory Board’s report about the Bank’s for the year ended 31/12/2010 – Approved to appoint and re-appoint company’s registrars – Approved to apply the system of Hawkama for companies
Last Date For Dividend EntitlementEx-Dividend Date
Register Closing (Settlement) DateTrading Suspension Date22/02/2011
Trading Resuming Date23/02/2011Dividends Payment Date
Payment EntityMeeting VenueGulf Hotel
Meeting Date/TimeMar 08, 2010 10:30:00 AMType of MeetingExtraordinary Meeting
Net Profit/LossBD 13,962,415Cash Dividend
Bonus Share
Announcements/Resolutions- Approving the minutes of last EGM held on 12/11/2009 - Approved causing the necessary changes on the article of association - Authorized BOD to take necessary action
Last Date For Dividend EntitlementEx-Dividend Date
Register Closing (Settlement) DateTrading Suspension Date 08/03/2010
Trading Resuming Date09/03/2010Dividends Payment Date
Payment EntityMeeting VenueRitz Carlton Hotel
Meeting Date/TimeMar 08, 2010 10:00:00 AMType of MeetingAnnual General Meeting
Net Profit/LossBahraini Dinar 13,962,415Cash Dividend5%
Bonus Share5%
Announcements/Resolutions- Approved the minutes of the last General Assembly Meeting held on 22/02/2009 - Approved Directors and auditor’s report for the year ended 31/12/2009 - Approved balance sheet and the profit & loss statements of the company for the year ended 31/12/2009 - - Approved to distribute cash dividends of 5% & 5% bonus shares- Absolved the members of the Board of Directors and the auditors from responsibilities for the year ended 31/12/2009 -Appointed and re-appoint external auditors for the Financial Year 2009 and approved their fees - Approved on the Shari’a Supervisory Board’s report about the Bank’s for the year ended 31/12/2009
Last Date For Dividend Entitlement08/03/2010Ex-Dividend Date09/03/2010
Register Closing (Settlement) Date10/03/2010Trading Suspension Date08/03/2010
Trading Resuming Date09/03/2010Dividends Payment Date23/03/2010
Payment EntityKPMG FakrooMeeting VenueRetz Carleton Hotel
Meeting Date/TimeNov 12, 2009 02:30:00 PMType of MeetingExtraordinary Meeting
Net Profit/LossBD 25,542,681Cash DividendN/A
Bonus ShareN/A
Announcements/Resolutions- Approving the minutes of last EGM held on 04/05/2009 - Approved causing the necessary changes on the article of association no. 25 - Approved Causing the necessary changes on the article of association no 62 regarding Zakat - Approved adding new article on Article of association regarding Issuing Sukuk and authorized BOD to take necessary action
Last Date For Dividend EntitlementN/AEx-Dividend DateN/A
Register Closing (Settlement) DateN/ATrading Suspension DateN/A
Trading Resuming DateN/ADividends Payment DateN/A
Payment EntityMeeting VenueRitz Carlton Hotel
Top ShareholdersLast Refreshed at:
No data could be found.
Foreign Investments View all
National GCC Arab Other Nationalities
Country of Origin Actual Permitted Actual Permitted Actual Permitted Actual Permitted As of Date:
Bahrain 58.4% 100% 35.46% 100% 3.22% 100% 2.92% 100% 19-11-2017
Showing Last 10 Corporate Governance Reports - SALAM_BAH View all
No data could be found.
Showing Corporate Actions - SALAM_BAH View all
Year2017Corporate Action TypeCash dividends
Last Date For Action Entitlement3/8/2017Ex-Dividend Date3/9/2017
Register Closing (Settlement) Date3/12/2017Trading Suspension DateNot Available
Trading Resuming DateNot AvailableRun (Effective) DateNot Available
Corporate Action DetailsDistribute 5% cash dividends as agreed at the GA held on 08/03/2017
Year2016Corporate Action Typecash dividends
Last Date For Action Entitlement2/28/2016Ex-Dividend Date1/2/2016
Register Closing (Settlement) Date2/2/2016Trading Suspension DateNot Available
Trading Resuming DateNot AvailableRun (Effective) DateNot Available
Corporate Action DetailsDistribute 5% cash dividends as agreed at the GA held on 29/2/2016.
Year2015Corporate Action TypeCash Dividends
Last Date For Action Entitlement2/24/2015Ex-Dividend Date2/25/2015
Register Closing (Settlement) Date2/26/2015Trading Suspension Date2/24/2015
Trading Resuming Date2/25/2015Run (Effective) DateNot Available
Corporate Action DetailsDistribute 5% cash dividends as agreed on AGM held on 24/02/2015
Year2014Corporate Action TypeCash dividends
Last Date For Action Entitlement3/3/2014Ex-Dividend Date3/4/2014
Register Closing (Settlement) Date3/5/2014Trading Suspension Date3/3/2014
Trading Resuming Date3/4/2014Run (Effective) DateNot Available
Corporate Action DetailsDistribute 5% cash dividends as agreed at the AGM held on 05/03/2014
Year2012Corporate Action TypeCash Dividends
Last Date For Action Entitlement2/20/2013Ex-Dividend Date2/21/2013
Register Closing (Settlement) Date2/24/2013Trading Suspension Date2/20/2013
Trading Resuming Date2/21/2013Run (Effective) DateNot Available
Corporate Action DetailsDistribute 5% cash dividends as agreed at the AGM held on 20/02/2013
Year2010Corporate Action TypeCash Dividends
Last Date For Action Entitlement3/8/2010Ex-Dividend Date3/9/2010
Register Closing (Settlement) Date3/10/2010Trading Suspension Date3/8/2010
Trading Resuming Date3/9/2010Run (Effective) Date3/23/2010
Corporate Action DetailsDistribute 5% cash dividends as agreed at the AGM held on 08/03/2010.
Year2010Corporate Action TypeBonus Shares
Last Date For Action Entitlement3/8/2010Ex-Dividend Date3/9/2010
Register Closing (Settlement) Date3/10/2010Trading Suspension Date3/8/2010
Trading Resuming Date3/9/2010Run (Effective) Date3/11/2010
Corporate Action DetailsIssue 05% bonus shares as agreed at the AGM held on 08/03/2010 leading the number of shares reaches 7,128,875
Year2009Corporate Action TypeCash Dividends
Last Date For Action Entitlement2/22/2009Ex-Dividend DateNot Available
Register Closing (Settlement) Date2/24/2009Trading Suspension DateNot Available
Trading Resuming DateNot AvailableRun (Effective) Date3/12/2009
Corporate Action DetailsDistribute 10% cash dividends as agreed at the AGM held on 22/2/2009.
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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