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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]
The Bank was incorporated on 10 May 2001. [1] The Shahjalal Islami Bank Foundation is the corporate social responsibility unit of the bank. [3] In May 2011, Anwer Hossain Khan, chairman of Modern Diagnostic Centre and Anwer Khan Modern Hospital, was elected chairman of Shahjalal Islami Bank Limited. [4] Md Harun Miah, director of Kushiara ...
Bangladesh Bank is the central bank of Bangladesh and the chief regulatory authority in the banking sector. According to the Bangladesh Bank Order, 1972 the Government of Bangladesh reorganized the Dhaka Branch of the State Bank of Pakistan as the central bank of the country and named it Bangladesh Bank with retrospective effect from 16 ...
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]
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]
Dutch-Bangla Bank launched the first mobile banking service in Bangladesh on 31 March 2011. In 2016, it was re-branded as Rocket. Rocket is a banking process without bank branch which provides financial services to ubanked communities efficiently and at affordable cost.
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