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The Securities and Exchange Commission (SEC) approves Rights Shares of IFIL on 27 July 2010. The Subscription period for rights issue will be from 15.09.2010 to 05.10.2010. Record date for entitlement of rights share: 11.08.2010.
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IFIL Declared 25% Stock Dividend and Right share at the rate of 01(one)[R]:02(two) for the year 2009
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PRICE SENSITIVE INFORMATION
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IFIL corporate e-mail is info@ifilbd.com
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Company Profile and Background:


The government of Bangladesh in 1991 decided to allow private capital investment to take initiative concerning the formation of new and dynamic financial institution. This company is a public limited company within the meaning of clause of section 2(1) of companies’ act, 1994 in Bangladesh fully owned by Bangladeshi nationals.

Islamic Finance and Investment Limited (IFIL) was incorporated on February 27, 2001 as a Public Limited Company with the Registrar of Joint Stock Companies (RJSC) under the Companies Act 1994. The following Capital Structure of the company as on 31st December,2009 was as follows :-

  • Authorized Capital : Tk.100 Crore
  • Share Holders Equity : Tk.51.779 Crore.
  • Paid Up - Tk.31.875 Crore.
  • Statutory Reserve - Tk.7.769 Crore.
  • Retained Earnings - Tk.9.495 Crore.
  • Other Reserve - Tk.2.640 Crore.


The Bangladesh Bank (BB) issued license to IFIL to operate as NBFI on April 12, 2001. IFIL started its commercial operation (Investment) on April 19, 2001 with establishment of it’s registered at Noakhali Tower, 55, Purana Paltan, Dhaka-1000, Bangladesh by 23 Bangladeshi businessman. In August 2001 IFIL shifted its registered Office to the present address at Chand Mansion, 66, Dilkusha C/A, Dhaka-1000. From the very beginning of its operation, IFIL is playing an important role in private sector leasing and real estate business. As a full fledged financial institution it receives deposits and extend Investments through better counseling and effective services to the client for the socio-economic development of the country. The company continued to be a major financier to Industrial sector and has also supported sectors like Real Estate, Trading and other sectors.

 
 
 
 
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Head office & Principal Branch- 66, Dilkusha C/A, Dhaka-1000, Bangladesh
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