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<<<The Board of Directors of Fareast Islami Life Insurance Co. Ltd. Company has decided to purchase the following two pieces of land: (a) land measuring 1 bigha (32 decimals) at Gulshan-2 R/A, Dhaka at a total price of Tk. 143.00 crore only and (b) land measuring 26 decimals at Munshingonj Sadar, Munshigonj at a total price of Tk. 1.05 crore only.<<< Due to unavoidable circumstances, the venue of the 12th AGM of the Company has been shifted to Bashundhara Convention Centre-2, Block-C, Umma Kulsum Road, Bashundhara R/A, Baridhara, Dhaka-1219. Other information of the AGM shall remain unchanged. <<< The Board of Directors has recommended cash dividend @ 12.50% (i.e. Tk. 1.25 per share of Tk. 10.00 each) and stock dividend @ 25% for the year ended on December 31, 2011. Date of AGM: 29.07.2012, Time: 10:00 AM<<<

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9th EGM

Recently Fareast Islami Life Insurance Co. Ltd. has been awarded the Century International Quality ERA Award in the Gold category.
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Fareast overview

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Fareast Islami Life Insurance Co. Ltd. emerged as the 1st full-fledged Islami Life Insurance Company in the country in 2000 and have, by the grace of Almighty Allah, been able to bring confidence among the common people of the country.

As a result, in 2010 the Company has earned a total premium of Tk. 651.36 crore showing an increase of 3.2% over the previous year which is no doubt a remarkable achievement.

Last year we had taken a holistic approach in doing business with focus on quality customer service and business growth with decentralization of operational activities. With that in view, we have already opened 1012 Offices including 10 Divisional offices, 38 full-fledged Service Centers and 112 Zonal Offices in different places all over the country.


With this, we have been pursuing this strategy consistently, reinforcing our approach with emphasis on growth within a frame work of trust, integrity, good governance and compliance with the legal and regulatory frame work of the country.