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As of 2017, Islami Bank Bangladesh commands 90% of Islamic-banking assets and deposits in Bangladesh, is the country's biggest private lender overall, has 12 million depositors and a balance-sheet of $10 billion. [7]
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. [1] Exim Bank PLC; Al-Arafah Islami Bank PLC; First Security Islami Bank PLC; Global Islami Bank PLC; ICB Islamic Bank PLC; Islami Bank Bangladesh PLC; Shahjalal Islami Bank PLC
Banks of Bangladesh with Islamic banking services (19 P) Pages in category "Islamic banks of Bangladesh" The following 7 pages are in this category, out of 7 total.
The agent had accused the group of embezzling money from banks under its control such as Al-Arafah Islami Bank PLC, Bangladesh Commerce Bank, First Security Islami Bank, Islami Bank Bangladesh PLC, NRB Global Bank, Social Islami Bank, and Union Bank. The Al-Arafah Islami Bank PLC. burrowed 750 million BDT from Sonali Bank at 9 per cent interest ...
By 2018, ICB Islamic Bank had failed to return 4.44 billion taka to the depositors' of Oriental Bank, a condition set by Bangladesh bank, and sought a change in the repayment plan from the central bank. [6] In January 2021, seven officers of Oriental Bank were sentenced to jail for embezzlement. [9] ICB Islamic Bank reduced staff salary due to ...
In 2015, Bangladesh Anti Corruption Commission sued Bismillah Group’s Managing Director Khaza Solaiman Anwar Chowdhury for embezzling 1.1 billion Taka from Shahjalal Islami Bank Limited and 14 others including four employees of the bank. [8] In June, AK Azad, chairman of Ha-Meem Group, was elected chairman of Shahjalal Islami Bank Limited. [9]
On 3 January 2021, NRB Global Bank rebranded itself as Global Islami Bank and became a sharia compliant bank. [17] In June, the banks proposal to raise 42.5 billion taka from an IPO was approved by Bangladesh Bank. [7] In September 2021, Bangladesh Bank fined the bank for going beyond the investment ceiling for banks in the stock market. [18]
Pages in category "Banks of Bangladesh with Islamic banking services" The following 19 pages are in this category, out of 19 total. This list may not reflect recent changes .