Maldives Islamic Bank to Hold 16th AGM on 18 May 2026 via FahiVote, Proposing MVR 4.58 Per Share Dividend

Maldives Islamic Bank PLC (MIB) has announced that its 16th Annual General Meeting (AGM) will be held on Monday, 18th May 2026 at 1:30 PM, conducted online through FahiVote, the digital general meetings platform developed by Maldives Securities Depository Pvt Ltd.

The AGM will be held in an accessible and fully digital format, allowing eligible shareholders to participate and vote conveniently from wherever they are. Shareholders listed in the Bank's share registry as of the Book Closure Date on 3rd May 2026 will be eligible to participate and vote at the meeting. Registration and proxy registration will remain open until 2:00 PM on 16th May 2026, giving shareholders sufficient time to confirm their participation ahead of the meeting.

Key Agenda Items

The 16th AGM will address several important matters, including the approval of the Directors' Report and Audited Financial Statements for the financial year ended 31st December 2025, the approval of the proposed final dividend, the appointment of the external auditor for 2026, and proposed revisions to the remuneration package of the Board of Directors.

Proposed Dividend

During the AGM, MIB will propose a dividend of MVR 4.58 per share, subject to shareholder approval, rewarding shareholders on the back of the bank's strong financial performance throughout 2025.