Islamic banking is a banking system where interest is prohibited on all transactions. All banking related activities are conducted in the light of Islamic Shariah. Union Bank PLC. is managed under the supervision of a Shariah Supervisory Committee based on the principles and adheres to Bangladesh Bank Islamic Banking Guideline-2009. It should be noted that interest is prohibited in other major religions of the world such as Christian, Jewish, Hindu and Buddhist. This Policy Union Bank PLC. consciously conduct various activities throughout the year for all officers and customers to adhere to this policy.
