Karachi, Bank Islami Pakistan Limited informed Pakistan Stock Exchange that board of directors meeting of the company will be held on December 16, 2021 at Karachi to consider the Annual Budget strategic plan of the Bank.
Further, the company has declared the closed period from December 09, 2021 to December 16, 2021.
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.