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AIB approves raising its capital to $75 million and distributing 12% cash dividends for the year 2016


The general assembly of the Arab Islamic Bank AIB approved, in its meeting on 02/04/2017, distributing 12% cash dividends for the year 2016, to record dividends yield of 6.49% and payout ratio of 96.77%. It also approved raising the paid up capital by $25 million through secondary subscription at the price $1.25 , to reach $75 million. 


Al-Quds Index in a narrow range with the approaching end of 2022

The PEX records average PE of 12.4x and average P/BV of 1.51x in 9M 2022



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