Islami Insurance Bangladesh Limited has recommended a 16% cash dividend for shareholders for the financial year ended 31 December 2025, down from a 20% payout the previous year.
The decision was approved at a board meeting held today (24 June), at which the company also endorsed its audited financial statements, according to a price-sensitive disclosure.
The general insurer reported a decline in earnings, with earnings per share (EPS) falling 11% year-on-year to Tk3.04 in 2025. As of end-December, net asset value (NAV) per share stood at Tk23.62, while net operating cash flow per share was Tk0.40.
The company has scheduled its annual general meeting for 27 August, to be held via a digital platform, where shareholders will vote on the dividend and financial statements. The record date has been set for 20 July.
Listed on the Dhaka Stock Exchange in 2009, Islami Insurance saw its shares close at Tk59 today (24 June). According to its latest shareholding structure, sponsors and directors hold 45.61%, institutional investors 9.97%, and general investors the remaining 44.42%.
The company has also been under regulatory scrutiny. In November 2025, the Bangladesh Securities and Exchange Commission (BSEC) launched an investigation following allegations by six former sponsor directors against current chairman Mohammad Sayeed Khokon, a former Awami League lawmaker and ex-Mayor of Dhaka South City Corporation.
The complainants alleged that since assuming leadership in 2012, Khokon has exercised excessive control over company operations, and that several board members were removed without justification and replaced with family members and affiliated entities.
