Islami Bank Bangladesh Limited signed an agreement with the Bangladesh Bank for receiving ‘Export Facilitation Pre-finance Fund’ under the Islamic Shari’ah-compliant Restricted Mudaraba system, a press release said Wednesday. BB formed a fund of Tk 10,000 crore with the aim of continuing the ongoing development and expansion of export-oriented industries and to accelerate the activities of export-oriented business. Abdur Rouf Talukder, Governor, Bangladesh Bank handed over a copy of the agreement to Mohammed Monirul Moula, Managing Director and CEO of Islami Bank. Abu FarahMd. Nasser, Deputy Governor, Maksuda Begum, Director, Regulation and Policy Department (BRPD), Bangladesh Bank and top officials of both institutions were present on the occasion.
