Masraf Al-Rayan: Holds it's AGM and EGM on 09/11/2022 for 2022

Masraf Al-Rayan announces that the General Assembly Meeting AGM and EGM will be held on 09/11/2022, electronically through Zoom platform and 04:30 PM. In case of not completing the legal quorum, the second meeting will be held on 16/11/2022, electronically through Zoom platform and 04:30 PM 

Agenda of the Extraordinary General Assembly Meeting 

1.     Approve amendment of Articles  (1), (19), (20), (21), (23), (25), (26), (29), (30), (34), (40), (41), (43), (45), (52), (59) and (75) of the Bank’s Articles of Association (“AOA”) authenticated under No. 115476/2022 dated 30/6/2022 to comply with QCB Circular No. (25) of 2022 on governance of banks

2.      Authorize the Chairman of the Board and/or Vice Chairman and/or whomever the Board may delegate to sign the final version of the amended AOA and complete the required formalities subject to necessary regulatory approvals; and 

Note: please visit the Company’s website www.alrayan.com to check the details of the proposed amendments to the Articles of Association. 

Agenda of the Ordinary General Assembly Meeting 

1.     To review and approve the Board Nomination and Election Policy amended in accordance with the requirements of QCB Circular No. (25) of 2022 on governance of banks

Note: please visit the Company’s website www.alrayan.com to the check the full-amended Board Nomination and Election Policy. 

For more details, please check the attached notice.