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Board of directors meeting of Bank Islami Pakistan Limited

Karachi, Bank Islami Pakistan Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on March 01, 2023 at Karachi. The agenda of the meeting will to consider the Annual Accounts for the period ended December 31, 2022.

Further, the company has declared the closed period from February 22, 2023 to March 01, 2023.

Bank Islami Pakistan Limited was incorporated in Pakistan on October 18, 2004 as a public limited company to carry out the business of an Islamic Commercial Bank in accordance with the principles of Islamic Shariah. The State Bank of Pakistan (SBP) granted a ‘Scheduled Islamic Commercial Bank’ license to the Bank on March 18, 2005. The Bank is principally engaged in corporate, commercial, consumer, retail banking and investment activities.

The total numbers of shares are 1,108,703,299. The Earnings per share is 1.54 in 2020 which was 1.06 in 2019. The Profit after Taxation is 1,703,135,000 in 2020 which was 1,087,388,000 in 2019.

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