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The current organization came into effect in 1974, when Sheikh Mujibur Rahman formally inaugurated as the Islamic Foundation. [4] On 20–22 March 1978, the foundation organized a seminar sponsored by the OIC and attended by representatives of 16 countries including Bangladesh. [2] In 1979–80, development of the foundation got a new momentum. [2]
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 ]
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. [5] [6]
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 ...
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.
Under the patronage of the Islamic Foundation, an encyclopedia of Islam in the Bengali language was being compiled in the late 1980s. [ 36 ] Another step toward further government involvement in religious life was taken in 1984 when the semiofficial Zakat Fund Committee was established under the chairmanship of the president of Bangladesh. [ 36 ]
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 ...
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]