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Al-Arafah Islami Bank PLC is a shariah compliant bank in Bangladesh founded on 27 September 1995. A shariah council of the bank is responsible for ensuring the bank activities meet shariah requirements. The headquarters are located in Motijheel, Dhaka. [4] [5]
Social Islami Bank Limited is a Sharia compliant bank in Bangladesh which started operations on 22 November 1995. SIBL was founded by M. A. Mannan, Dr. Hamid Al Gabid, Former Secretary General of O.I.C., Dr. Abdullah Omar Nasseef, and Ahmed M. Salah Jamjoom, Former Commerce Minister, Kingdom of Saudi Arabia.
S. Alam Group bought 50 per cent of the shares of Social Islami Bank Limited through 19 subsidiaries violating the Banking Company Act, 1991 in the process in 2017 achieving a hostile takeover. The same year the company took over Islami Bank Bangladesh Ltd and appointed Arastoo Khan chairman. [12]
South Bangla Agriculture and Commerce Bank Limited; Trust Bank PLC; United Commercial Bank PLC; Uttara Bank PLC; Islami Shariah Based PCBs. There are 10 Islami Shariah-based PCBs in Bangladesh and they execute banking activities according to Islami Shariah-based principles i.e. Profit-Loss Sharing (PLS) mode. Al-Arafah Islami Bank PLC
In August, the managing director of the group, Salim Rahman, was made the chairman of Al-Arafah Islami Bank. KDS Accessories Limited profit increased 6 per cent in 2022 from 2021. The rising cost of raw materials had reduced the bottom line for the company. Businesses. KDS Textiles; KDS Garment Industries Limited
4,866 [1] (2022) Website. citybankplc .com. City Bank PLC is a Bangladeshi private commercial bank headquartered in Dhaka. [3] The bank provides products and services in retail banking, corporate finance, SME Banking, women banking, digital banking, asset management, equity brokerage, and security. It has 133 branches. [1]
The Bank was incorporated on 10 May 2001. The Shahjalal Islami Bank Foundation is the corporate social responsibility unit of the bank. In May 2011, Anwer Hossain Khan, chairman of Modern Diagnostic Centre and Anwer Khan Modern Hospital, was elected chairman of Shahjalal Islami Bank Limited.
Islami Bank Bangladesh PLC. (IBBPLC.) ( Bengali: ইসলামী ব্যাংক বাংলাদেশ পিএলসি) is an Islamic banking company based in Bangladesh. It became incorporated on 13 March 1983 as a public limited company under the Companies Act 1913 and started operation on 30 March, the same year. [7]