Doha-Mubasher: Qatar International Islamic Bank (QIIB) announced in a bourse filing that its ordinary general meeting will be postponed to March 15, 2015. 

The meeting will discuss the Board’s recommendation to distribute a cash dividend of 40% (QAR 4 per share), as well as approving the financial statements for the fiscal year (FY) 2014.

The bank had reported a profit rise by 10.1% to QAR 826 million in FY14, compared to figures from FY13.

The meeting will also discuss the issuance of QAR 3 billion Sukuk that shall be eligible for inclusion as additional Tier 1 capital.