In accordance with Article (55) of the Articles of Association of Al Baraka Islamic Bank B.S.C (Closed) the Board of Directors of the Bank is pleased to invite the Shareholders to attend the Bank’s Annual General Meeting No. (43) to be held successively on Sunday 29 March 2026 at 11:00 am at the Head office of Al Baraka Bank Tower, Shaikh Saleh Kamel Hall, Bahrain Bay, Kingdom of Bahrain to discuss the following Agenda.
- The Agenda for the Annual General Meeting No. (43) shall be as follows:
- Review the Board of Directors Report on the activities of the Bank for the Financial Year ended 31 December 2025.
- Review Sharia Supervisory Board’s Report for the Financial Year ended 31 December 2025.
- Review and discuss the External Auditors’ Report for the Financial Year ended 31 December 2025.
- a) Discuss and approve the Financial Statements for the Year ended 31 December 2025.
c) To approve the allocation of BHD (76,091) as Zakat on behalf of the shareholders and to authorize the management of the Bank to distribute such amount as per the rules of Zakat in Sharia.
- To absolve the Directors from liability for the Financial Year ended 31 December 2025.
- To approve the appointment of the External Auditors for the year 2026 subject to the approval of the Central Bank of Bahrain and to authorize the Board of Directors to fix their remuneration.
- a) To approve the Board of Directors recommendation to pay the Board Members a remuneration of 108 Thousand Bahraini Dinars after obtainment of the approval of the concerned authorities.
- To review the Corporate Governance Report as per CBB Instructions including:
b) The Evaluation of the Performance of the Sharia Supervisory Board.
c) The Performance of the attendance of the Board of Directors at the Board Meetings for the year 2025.
d) Report of Corporate Governance Disclosure in accordance with CBB requirements.
- To elect and reappoint the Board of Directors for the Term (2026-2029), subject to CBB approval.
- To discuss any urgent matter arises in accordance with Article (207) of the Commercial Companies Law.2001.
Notes to the Shareholders:
- The Annual General Meeting (AGM) shall be valid if attended by shareholders representing more than 50% of the issued capital. If the said quorum is not obtained, the AGM shall be postponed for half an hour after the time mentioned above. The Second Meeting shall be valid irrespective of the number of shareholders present.
- In case of Proxy, Shareholders are requested to deposit the Proxy Form (copies will be sent to Shareholders) at least 24 hours before the Meeting.
- Copies of the Meeting documents will be sent by mail and will be available on the Meeting Date at our website : www.albaraka.bh