The managing director and CEO of Social Islami Bank recently participated in the 22nd meeting of the participants committee of Awqaf Properties Investment Fund (APIF) in Jeddah, Saudi Arabia. As a shareholder of APIF, the bank representative engaged in discussions concerning the development and benefit of the Muslim ummah, according to a press release. During the meeting, several important matters related to APIF’s performance report, Shariah compliance, draft audited financial statements, dividend distributions, and the draft annual report for 2023 were deliberated upon. This participation underscores the bank’s commitment to initiatives aimed at improving the ummah. The meeting provided a platform for collaboration and strategic dialogue among stakeholders invested in the growth and prosperity of Muslim communities. The engagement of Social Islami Bank in such forums reflects its dedication to Islamic finance principles and its active role in global Islamic financial networks.”
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