Islami Bank AGM approves financial statements for 2024
The 42nd Annual General Meeting (AGM) of Islami Bank Bangladesh PLC was held on Thursday, 11 December 2025, at Kurmitola Golf Club in Dhaka.
Professor Dr M Zubaidur Rahman, Chairman of the bank, presided over the meeting. Among those present were Mohammad Khurshid Wahab, Chairman of the Executive Committee; Md Abdus Salam FCA FCS, Chairman of the Audit Committee; Professor Dr M Masud Rahman, Chairman of the Risk Management Committee; Independent Director Md Abdul Jalil; Managing Director Md Omar Faruk Khan; Chairman of the Shari'ah Supervisory Council Mufti Sayeed Ahmed; Company Secretary Md Habibur Rahman; and a large number of shareholders.
The AGM approved the bank's financial statements for the year ended 31 December 2024.
Keep updated, follow The Business Standard's Google news channel
Speaking at the meeting, Professor Dr Zubaidur Rahman stated that Islami Bank had faced significant challenges in recent years, during which its institutional foundation was weakened by a vested group. However, following the formation of a new board after 5 August 2024, and the collective efforts of the bank's employees, the bank has begun a turnaround.
He noted that Islami Bank has cleared all its outstanding dues with Bangladesh Bank, made possible by the continued trust of its 25 million clients and the general public.
Describing Islami Bank as a symbol of trust, the Chairman said Bangladesh Bank appointed the current board following the July Revolution to revive the institution and safeguard customer interests. He added that the Board is working to establish good governance and strengthen the bank's financial base.
Professor Dr Rahman expressed gratitude to clients and well-wishers for their continued confidence, and thanked shareholders for their support and encouragement.
