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Islamic Finance Company holds its ordinary general assembly

United Arab Emirates: Tuesday, May 04 - 2010 @ 13:47

In 2008, the company, which had a capital of Dhs600m, has distributed 10% cash dividends and 2.2% bonus shares.

It is worth mentioning that the company was established in November 2006 and has about 1000 shareholders. The Islamic Finance Company has many activities such as financing and investments in many sectors like health, education and services.

The Managing Director of the company Mr. Alwaleed Bin Hamad Al-Mubarak believes that the company is obtaining a steady pace in order to achieve the goals it had created. He also pointed out to the active role played by the Chairman Sheikh Sultan bin Mohammed bin Khalid Al Nahyan in supporting the company, and thanked the Board of Directors and all the staff in the company.

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Tuesday, May 4- 2010 @ 13:47 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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