Meeting of the General Assembly 2019

بسم الله الرحمن الرحيم

Announcement to the shareholders of Safwa Islamic Bank to attend the Ordinary General Assembly Meeting

Peace, mercy and blessings of God ,,

The Board of Directors of Safwa Al Islamic Bank has decided to invite the Bank’s shareholders to attend the Ordinary General Assembly Meeting which will be held at 10 am on Saturday, 27/4-2019, at the meeting room on the ground floor of the Bank’s management building in Al Abdali Boulevard / For the consideration of the issues on the agenda of the meeting sent to shareholders.

Deer Shareholders you are invited to attend the said meeting at the specified date and place by attending in person or by appointing a representative on behalf of Them to participate in the meeting on the date specified above or to any other date that may be deferred to the meeting by filling the power of attorney attached to the invitation or by a certified legal agency Assets provided that the power of attorney vouchers shall be deposited in the offices of the General Administration of the Bank three days prior to the date of the meeting for the purpose of checking them and verifying the correctness of the figures mentioned therein.

With respect ,,,,

Dr. “Mohammed Nasser” Salem Abu Hammour
Chairman of Board of Directors

The agenda of the Ordinary General Assembly meeting of Safwa Islamic Bank on 27-4-2019

  1. Reciting the proceedings of the previous ordinary general assembly meeting.
  2. Discuss and approve the Board of Directors’ report for the financial year 2018 and the Bank’s future plan of action.
  3. Hear the auditor’s report for the financial year 2018.
  4. Discuss and approve the Bank’s consolidated financial statements for the financial year 2018.
  5. Approve the recommendation of the Board of Directors to distribute cash dividends to shareholders for the year 2018 in the amount of JD (7) million (7%) of the nominal value of the share from the retained earnings.
  6. Hear a brief report on the work of the committees emanating from the Board of Directors during the year 2018, based on the provisions and instructions of the corporate governance of listed companies for the year 2018.
  7. Discharge the Board of Directors for the financial year 2018 in accordance with the provisions of the law.
  8. Ratification of the Board of Directors’ resolution issued on 17/12/2018 containing the approval of the election Mr. Salem Abdul Moneim Salem Burgan as an independent member of the Board of Directors instead of the resigning member Mr. Haitham Yousef Abdel Moneim Qamhiya.
  9. Election of the Bank’s auditors for the financial year 2019 and fixing their fees.
  10. Any other matters proposed by the General Assembly to include on the agenda, which falls within the scope of the ordinary meeting of the General Assembly and in accordance with the provisions of the law.