It is a broadly described annual report of Islamic Finance & Investment Limited in the year of 2012. IFIL posted 14.44% growth in general investment in 2012 (Tk. 4327 million in 2012 from Tk. 3781 million in 2011). Investment income increased by 24.05% in 2012 (Tk. 655 million in 2012 from Tk. 528 million in 2011). Despite drastic fall in income from investment in securities, IFIL registered an enthusiastic growth in net profit after tax in 2012 i.e. from Tk. 27.61 million in 2011 to Tk. 86.07 million in 2012. The company’s pre-tax profit was Tk. 6.78 Crore in 2011, which rose to Tk. 15.27 Crore in 2012.
The Board of Directors, considering the market conditions and suffering of the shareholders recommended @10% stock dividend for the year 2012. 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.
More Annual Report of Islamic Finance & Investment Limited:
- Annual Report 2007 of Islamic Finance & Investment Limited
- Annual Report 2008 of Islamic Finance & Investment Limited
- Annual Report 2009 of Islamic Finance & Investment Limited
- Annual Report 2011 of Islamic Finance & Investment Limited
- Annual Report 2012 of Islamic Finance & Investment Limited
- Annual Report 2015 of Islamic Finance & Investment Limited
- Annual Report 2016 of Islamic Finance & Investment Limited
