Annual Report 2009 of Islamic Finance and Investment Limited

It is a broadly described annual report of Islamic Finance & Investment Limited in the year of 2009. During the financial year, IFIL to earn a net profit of Tk. 141.62 million in 2009 which is 149% higher than last year. The total deposit of IFIL stood as of 31^st December 2009 at Tk. 2100 million which is 28% higher in comparison to the previous year. Total investment outstanding stands at Tk. 2986 million which was Tk. 2614 million in the year 2008. Total Assets was Taka. 3525 million against last year’s Taka. 2847 million. Earnings per share during the year under review were Taka. 44.43 compared to previous year’s Taka. 20.68.

The Board of Directors recommends @ 25% stock dividend for the year 2009 compared to @16% stock dividend for the year 2008. 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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