Qatar International Islamic Bank: The Extraordinary General Assembly endorses items on it’s agenda for the year 2022.
Kindly note that the Extraordinary Annual General Meeting (EGM) (Second Meeting) for Qatar International Islamic Bank (QIIB) was held on Sunday (20/03/2022) at 5:30 pm through virtual communication using Zoom online application headed by Mr. Rashid Nasser Al-Kaabi (Vice Chairman) with the availability of quorum to attend the meeting.
Agenda for Extraordinary General Assembly (EGM)
1) Approval on the amendments of the banks article of association in accordance with law No.(8) of year 2021 which amends law No.(11) of year 2015, in addition to amend Article “76” of the Articles of Association everywhere the ownership percentages of non-Qatari investors are subject to a maximum in accordance with the provisions of the laws and legislation in the State of Qatar and the relevant instructions of Qatar Central Bank.
2) The EGM authorized the Chairman to make amendments to the Articles of Association in line with the extraordinary General Assembly resolutions, and to sign the amended Articles of Association in accordance with the instructions of Ministry of commerce and industry or Qatar financial market authority, and in accordance with law No.(8) of year 2021 which amends corporate law No.(11) of year 2015.