Annual Report 2016 of Islami Insurance Bangladesh Limited

It is a broadly described annual report of Islami Insurance Bangladesh Limited in the year of 2016. During the year, paid up capital of the company Taka. 308,579,040.00 million. During the financial year, The Company’s Gross premium income Taka. 307.71 million. Net Premium Income Taka. 270.00 million. Investment and Other Income Taka. 19.22 million. Net Profit before Tax Taka. 65.27 million. Net Profit after Tax for the year Taka. 44.60 million. Earnings per share (EPS) as on 31^st December 2016 Tk. 1.45.

The Board of Directors in its meeting no 184^th held on- 30-04-2017 recommended @10% stock dividend for the shareholders for the year ended 31^st December 2016 which will be considered for approval by the shareholder at the 17^th Annual General Meeting. 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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