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|National Islamic Bank|
Economy News Baghdad:
The National Islamic Bank announced that it will distribute dividends to its shareholders by at least 8.5% during the current year.
"The good financial position of Al Watani Islamic Bank was the catalyst in our estimation of the investors' desire to buy shares and the high price," the bank said in a letter to the bourse, read by Al-Iktissad News. "The bank operates in accordance with the provisions of Islamic Sharia and its commitment to banking rules. Through indicators for dealing with customers. "
He pointed out that the Bank's retention of liquidity ratios and the non-return of any sukuk to any customer throughout the Bank's work, as well as the continuation of profitable profits during 2016, amounting to 10.7% of the shareholders, will be distributed at least 8.5% this year.
He pointed out that the bank is keen to deal with and respond to the public through transparency and disclosure of its financial statements and credit policy granted to its customers. We also investigate customers when granting them cash and pledge credit through economic feasibility studies.
National Islamic Bank: We will distribute dividends to shareholders at least 8.5%
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