Doha - Mubasher: Islamic Holding Group will increase its capital after it obtained approvals from shareholders, the company announced on Monday.

The capital increase will be carried out via a one-for-two rights issue priced at QAR 50 a share.

Shareholders of record till December 1, 2015 will have the right to subscribe to the rights issue. Trading of subscription rights will start from December 6 till December 17, 2015.

The subscription is scheduled to start on December 27, 2015 and ends on January 13, 2016 at Qatar International Islamic Bank branches mentioned in the invitation.