UAE - Aman ins. decides not to distribute dividends for 2019
Thursday, 04 30 2020, Category: Islamic Insurance, Country: U.A.E
The General Assembly of the Dubai Islamic Insurance and Reinsurance Company (AMAN) approved the proposal of the Board of Directors regarding the non-distribution of profits for the past year, and carried over to the coming years. For the fiscal year 2019.
While the general assembly of Aman agreed to appoint the members of the Internal Sharia Supervisory Committee and the auditors for the current fiscal year 2020, and set their fees, and also approved the proposal of the Board of Directors to amend Article No. (42) of the company’s articles of association.
The General Assembly also reviewed, during its remote meeting, the report of the Board of Directors on the company’s activity and financial position for the fiscal year 2019, the report of the Fatwa and Sharia Supervision Board on the company’s business during the past year, and the report of the auditors.