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According to The Economist, "Islami Bank was a pioneer in financing Bangladesh's rise as the apparel industry's main production base outside China." [7] In 2012, United States Senate Permanent Subcommittee on Investigations mentioned possible ties of Islami Bank Bangladesh Limited to terrorism financing through HSBC Bank which the bank denied.
Masud joined Agrani Bank in 1983 as a senior officer. [2] In 2011, Masud became the Deputy Managing Director of Agrani Bank. [2] He then worked as the Managing Director of Karmasangsthan Bank. [3] From 24 August 2016 to 24 August 2019, Masud was the Managing Director of Sonali Bank. [2] During his term he worked on recovering defaulted loans.
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
A security officer of Al-Arafah Islami Bank PLC. was killed in May 2015 during a bank robbery attempt in Chittagong. [10] The Bank signed an agreement with Islamic Development Bank, based in Saudi Arabia, for investment. [11] In May 2016, Abdus Samad, vice-chairman of S. Alam Group, was elected chairman of Al-Arafah Islami Bank PLC. [12]
She is also the former president of Suapur Nannar School and College, Dhamrai, and the former managing director of Social Islami Bank. In 2007, she participated in the Fortune Most Powerful Women Summit in Los Angeles and chaired the Foundation for Justice Awards in Valencia, Spain .
Global Islami Bank PLC, formerly known as NRB Global Bank, is a fourth generation Bangladeshi sharia compliant private bank. [ 1 ] [ 2 ] Nizam Chowdhury is the chairperson of the Bank. [ 3 ] [ 4 ] Syed Habib Hasnat is the managing director of Global Islami Bank.
Many Islamic Banks are working in Pakistan.The list of banks is given below: Meezan Bank Limited; Soneri Mustaqeem Islamic Bank; Dubai Islamic Bank; Al Baraka Bank (Pakistan) Limited - Al Baraka Bank
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]