Islamic Finance and Investment Limited has recently declared 14.5 percent cash dividend for its shareholders for the year that ended on December 31, 2017.

The declaration was made at the 232nd board meeting of IFIL at its head office in Dhaka on March 14, the company said in a statement yesterday.

Janab Abul Quasem Haider, chairman of the company, presided over the meeting.

The 17th annual general meeting of IFIL will be held on April 25.