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ISLAMIINS

All Eps Dividend Board Agm Q1 Q2 Q3

ISLAMIINS 13-Jul-2021

ARGUS Credit Rating Services Limited (ACRSL) has announced the CPA (Claim Paying Ability) rating of the Company as "AA" for long term and "ST-2" for short term in consideration of financial statements of the Company up to December 31, 2020 (audited), Q2FY21 (unaudited) and other relevant quantitative as well as qualitative information up to the date of rating declaration.

ISLAMIINS 09-Jun-2021

(Q1 Un-audited): EPS was Tk. 0.69 for January-March 2021 as against Tk. 0.43 for January-March 2020. NOCFPS was Tk. 1.80 for January-March 2021 as against Tk. 1.69 for January-March 2020. NAV per share was Tk. 16.54 as on March 31, 2021 and Tk. 15.89 as on December 31, 2020.

ISLAMIINS 08-Jun-2021

(Continuation news of ISLAMIINS): In respect of provident fund at 10% of Basic salary of eligible employee is being made annually as per P.F. rules administered by Board of Trustees, The eligible employees contribute @ 10% of basic salary. Provident fund has not been audited since 2019. (end)

ISLAMIINS 08-Jun-2021

(Continuation news of ISLAMIINS): created by IIBL, furthermore in note no 21.00 "Office Space Purchase in Process" where the company has not complied with IAS-16 to recognize its assets. Our opinion is not modified in respect of these matters. note no. 2.25 (ii) (ii) Contributory Provident Fund Recognized by Tax Authorities (cont.3)

ISLAMIINS 08-Jun-2021

(Continuation news of ISLAMIINS): Emphasis of Matter: We draw attention to note no. 2.25 (ii) to the financial statements, the management could not determine the forfeited amount of the provident fund due to non-availability of audit report. In addition to this in note no. 2.25 (iv) to the financial statements relating to Incentive Bonus/Workers Profit Participation Fund in which includes worker profit participation fund doesn't maintained as per labor act 2006 and no fund has been (cont.2)

ISLAMIINS 08-Jun-2021

The auditor of the Islami Insurance Bangladesh Limited has given the "Qualified Opinion" & "Emphasis of Matter" paragraphs in the Auditor's Report for the year ended on 31 December 2020. Basis for Qualified Opinion: We could not obtained sufficient appropriate audit evidence regarding difference amount of BDT. 61,662,813 between VAT return and "Premium" as presented in "Form XL" to the financial statements and cash in hand amounting to BDT 12,721,661." (cont.1)

ISLAMIINS 07-Jun-2021

Trading of the shares of the Company will resume on 08.06.2021 after record date.

ISLAMIINS 06-Jun-2021

Trading of the shares of the Company will remain suspended on record date i.e., 07.06.2021.

ISLAMIINS 02-Jun-2021

As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on June 8, 2021 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended on March 31, 2021.

ISLAMIINS 02-Jun-2021

Trading of the shares of the Company will be allowed only in the Spot Market and Block transactions will also be settled as per Spot settlement cycle with cum benefit from 03.06.2021 to 06.06.2021. Trading of the shares of the Company will remain suspended on record date i.e., 07.06.2021.

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