Register Free
News Archives
Islamic Banking
 
 
 
 
 
 
 
 
 
Islamic Financial Institutions in Bangladesh
 
b
 
Islami Bank Bangladesh

The establishment of Islami Bank Bangladesh Limited on March 13, 1983, is the true reflection of this inner urge of its people, which started functioning with effect from March 30, 1983. This Bank is the first of its kind in Southeast Asia. It is committed to conduct all banking and investment activities on the basis of interest-free profit-loss sharing system. In doing so, it has unveiled a new horizon and ushered in a new silver lining of hope towards materializing a long cherished dream of the people of Bangladesh for doing their banking transactions in line with what is prescribed by Islam. With the active co-operation and participation of Islamic Development Bank (IDB) and some other Islamic banks, financial institutions, government bodies and eminent personalities of the Middle East and the Gulf countries, Islami Bank Bangladesh Limited has by now earned the unique position of a leading private commercial bank in Bangladesh.

Website: -  http://www.islamibankbd.com/

______________________________________________
 
Al Baraka Bank Bangladesh
Al Baraka Bank Bangladesh now renamed Oriental Bank Ltd, is a joint-venture banking enterprise of Al Baraka Investment and Development Co. of Jeddah, Islamic Development Bank, a group of Bangladeshi entrepreneurs, and the government of Bangladesh. The bank was incorporated on 30 April 1987 as a public limited company to undertake and carry out banking, financial and business activities in strict compliance with the rules of Islamic Law (Shariah) relating to business activities and in particular, by avoiding usury in credit and sale transactions. It commenced banking operations on 20 May 1987 as a scheduled bank with an authorised capital of Tk 600 million and paid up capital of Tk 150 million divided into 150,000 ordinary shares of Tk 1,000 each.

Website: - banglapedia.search.com.bd
 
 
 
 
 
 
 
 
 
 
 
 
Other Arab Online Media Websites
Education ME | Arab Medical Tourist | Biotech Arabia | The Islamic Banker | Earth Arabia |
The Gold Souq | Arab Franchise | Freezones Arabia |
Charity Arabia | Dentalcare Traveler |
Wellness Arabia
| Stemcell arabia |
Arab billionaires | Arabnanotech | Aviation Arabia|
gg
 
© 2007 Arab Online Media All Rights Reserved Privacy Policy | Advertising Policy| Disclaimer
Last update: