DSE approves 8.10 lakh Shahjalal Islami Bank shares transfer to Bangladesh Finance
Transfer allowed under listing regulation 47(1)(d)
The Dhaka Stock Exchange (DSE), the primary regulator of listed companies, has approved the transfer of 8.10 lakh shares of Shahjalal Islami Bank PLC sponsor-director Anwer Hossain Khan to Bangladesh Finance.
The DSE approved the share transfer outside of a gift transaction under Listing Regulation 47(1) (d) and other applicable laws, according to a disclosure published today (9 April).
Under this regulation, share transfers are allowed in cases of confiscation or loan default.
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Based on the latest closing share price of Tk17.90 per share, the market value of the transferred shares amounts to Tk1.45crore.
The shares are to be transferred within the next 30 working days.
Anwer Hossain Khan is one of the sponsors and a former chairman of Shahjalal Islami Bank PLC.
According to the bank's 2024 annual report, he is also the chairman and managing director of Anwer Khan Modern Medical College & Hospital Limited, Modern Diagnostic Centre Limited, Anwer Khan Modern Nursing College, and Hazi Sakawat Anwara Modern Eye Hospital Limited, among others.
According to the shareholding report as of December 2025, Anwer Hossain Khan owns 3.02 crore shares, or a 2.71% stake, in the company.
In October last year, the DSE approved the transfer of 30.62 lakh shares of Shahjalal Islami Bank held by Anwer Hossain Khan to LankaBangla Finance.
In 2025, Shahjalal Islami Bank reported a sharp rise in profitability, driven by strong growth in investment income and improved operational performance, while announcing a higher cash dividend for shareholders.
According to the bank's latest financials, its consolidated net profit surged 118% year-on-year to Tk368 crore in 2025, up from Tk169 crore in the previous year.
On the back of this improved performance, the board of directors recommended a 13% cash dividend for the year, up from 10% in 2024.
The bank attributed the strong profit growth mainly to higher net investment income, increased earnings from shares and securities, and a rise in other operating income.
Improved cash flow was supported by higher investment income and increased placements with banks and financial institutions.
