GulfBase Live Support
19/03/2018 06:05 AST
National Bank of Fujairah said on Sunday its shareholders approved 15 per cent dividend distribution at the Annual General Assembly Meeting.
This took the form of cash dividends of 7.5 per cent or Dh102.5 million and bonus shares of 7.5 per cent or Dh102.5 million of paid-up capital.
The shareholders confirmed the appointment and remuneration of the bank's external auditors and Sharia supervisory board members for NBF Islamic for 2018. The Board of Directors' remuneration proposal of 0.64 per cent of the net profit, after deducting all depreciation and reserves, for its members was also approved, the statement added.
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NBF Islamic has once again taken home the coveted accolade titled "Best Islamic Window-UAE" for the second consecutive time at the Islamic Business & Finance Awards 2017.
Prevailing over f
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National Bank of Fujairah (NBF) has announced that it has joined Nasdaq Dubai's Islamic financing Murabaha platform, which offers unique advantages to financial institutions and clients seeking Shari
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National Bank of Fujairah (NBF) today announced the completion of a Sharia-compliant bullion financing transaction with Malabar Gold.
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| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| IHC | 399.50 | 0.00 (0.00 |
| FAB | 16.50 | 0.10 (0.60 |
| EMIRATESNBD | 26.15 | 0.90 (3.56 |
| INVESTB | 0.45 | 0.00 (0.00 |
| ADCB | 14.84 | 0.10 (0.67 |
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