Annual Report 2007 of Islamic Finance and Investment Limited

It is a broadly described annual report of Islamic Finance & Investment Limited in the year of 2007. The company’s outstanding investment increased to Tk.21 5.1 8 Crore at the end of 2007 from Tk. 1 89.51 Crore in 2006. The company’s pre-tax profit stood at Tk. 6.20 Crore in 2007 which was Tk. 5.50 Crore in 2006. As of 31^st December 2007, total capital of the company was Tk. 360.55 million and the capital ratio was 18.87% against the required capital ratio of 6%. The shares are listed on the Dhaka & Chittagong Stock Exchanges. As on 31.12.2007 each share was quoted at Tk. 209.00 in the Dhaka Stock Exchange Ltd and Tk. 209.00 on the Chittagong Stock Exchange.

The Board of Directors recommends @ 15% cash dividend for the year 2007 compared to @ 12.50% cash dividend for the year 2006. These financial statements are presented in Bangladesh Taka (Taka/Tk/BDT) which is the company’s functional currency. All financial information presented in Taka has been rounded off to the nearest Taka.

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