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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 ...
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
Al-Arafah Islami Bank; E. Exim Bank (Bangladesh) F. First Security Islami Bank PLC; I. Islami Bank Bangladesh; S. Shahjalal Islami Bank; Social Islami Bank; Standard ...
In August, the managing director of the group, Salim Rahman, was made the chairman of Al-Arafah Islami Bank. [13] KDS Accessories Limited profit increased 6 per cent in 2022 from 2021. [14] The rising cost of raw materials had reduced the bottom line for the company. [15]
Islami Bank PLC (IBBPLC) (Bengali: ইসলামী ব্যাংক পিএলসি), more commonly known as Islami Bank, 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. [ 8 ]
They include Islami Bank of Bangladesh Limited, [13] Export Import Bank of Bangladesh Limited, [14] Shahjalal Islami Bank Limited, [15] Al-Arafah Islami Bank Limited. Major foreign commercial banks located in Agrabad include Citibank NA, HSBC, Standard Chartered Bank, Commercial Bank of Ceylon, State Bank of India and National Bank of Pakistan.
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The list includes branches of banks like Agrani Bank, Janata Bank, Rupali Bank, Sonali Bank, IFIC Bank, Al-Arafah Islami Bank, Islami Bank Bangladesh, and many others that cater to the growing financial demands of the area.