Jan 24 (Reuters) - DUBAI ISLAMIC BANK:
* BOARD PROPOSES CASH DIVIDEND OF 45 FILS PER SHARE FOR 2017
* TO INCREASE CEILING OF NON-CONVERTIBLE SHARI’A COMPLIANT TIER 1 CAPITAL INSTRUMENT IN ACCORDANCE WITH PRINCIPLES OF SHARI’S BY $1 BILLION
* BOARD INSTRUCTS BANK MANAGEMENT TO PREPARE PLAN TO INCREASE ISSUED CAPITAL
* BOARD APPROVES TO ISSUE SENIOR OR SUBORDINATED SUKUK OR SIMILAR INSTRUMENTS NON-CONVERTIBLE, FOR AMOUNT OF NOT EXCEEDING $5 BILLION Source:(bit.ly/2F80SeY) Further company coverage: