Islami Bank launches universal banking campaign

The management committee of Islami Bank Bangladesh Sunday launched the month-long customer service campaign "Best Service, Universal Banking."  Mohammed Monirul Moula, managing director and chief executive officer of the bank, inaugurated the campaign in Dhaka as chief guest.  Islami Bank additional managing directors Muhammad Qaisar Ali, Md Omar Faruk Khan and JQM

Bepza to establish hospital-cum-nursing institute in KEPZ

Bangladesh Export Processing Zones Authority (Bepza) has signed an agreement with Islami Bank Foundation (IBF) to establish a hospital-cum-nursing institute in the unused land and buildings of Northern Area Reduction of Poverty Initiative (NARI) project in Karnaphuli Export Processing Zone (KEPZ). Md Zakir Hossain Chowdhury, executive director (Admin) of Bepza and

IBBL opens premier stall at DITF

Islami Bank Bangladesh Limited (IBBL) has inaugurated a premier stall at the Dhaka International Trade Fair (DITF), a press release said Thursday. Mohammed Monirul Moula, MD and CEO of the bank, inaugurated the stall (No. 67) on 4 January 2023 at the Bangabandhu Bangladesh-China Friendship Exhibition Center (BBCFEC), Purbachal. Md.

Islami Bank violates Shariah rules to borrow from BB

The Islami Bank Bangladesh Ltd. (IBBL) has borrowed Tk 8,000 crore from Bangladesh Bank (BB) violating the Shariah rules to tackle liquidity crisis. BB sources said the IBBL has been suffering from liquidity crisis for quite few months after dubious lending to some ghost companies with fake addresses. The bank also failed

Islami Bank gets BIBM performance award

The Bangladesh Institute of Bank Management (BIBM) has awarded the Islami Bank Bangladesh, nine other banks, and five non-bank financial institutions (NBFIs) for their performance in sustainable finance. The awards were handed over at the 9th annual banking conference of the BIBM in Dhaka Sunday. Miftah Uddin, senior executive vice-president

Islami Bank opens smart booth at Gabtoli market

Islami Bank Bangladesh Limited opened a smart payment booth at Gabtoli cattle market as leading partner under ‘Smart Bangladesh Smart Haat’ project organized by Bangladesh Bank and Dhaka North City Corporation. Md. Mezbaul Haque, Director, Bangladesh Bank inaugurated the smart booth as chief guest. Syed Mohammad Kamal, Counrty Director, Mastercard

Islami Bank signs deal with Pran-RFL

Islami Bank Bangladesh Limited has signed an agreement with Pran-RFL group to provide point of sale (POS) service for the Cardholders, a press release said Monday. Mohammed Monirul Moula, MD and CEO of the bank, JQM Habibullah, FCS, DMD, IBBL and Uzma Chowdhury, CPA, finance director, PRAN-RFL group signed the

Islami Bank okays 10pc cash dividend for 2021

Islami Bank Bangladesh Limited (IBBL) has approved 10 percent cash dividend for the shareholders for the year 2021, a press release said Tuesday. The approval was given at its 39th annual general meetiting on 21 June 2022. The meeting, held virtually, also approved financial statements for the year ended 31

Islami Bank Foundation donates medicine for Ctg fire victims

Islami Bank Foundation has donated essential medicine and medical supplies for injured persons of the Sitakunda container depot fire, a press release said Tuesday. Dr. Mohammad Ilyas Chowdhury, civil surgeon of Chattogram, received the equipment from Mohammad Younus, Senior Manager of Islami Bank Foundation on June 6, 2022. Dr. Tazwar Wadud, Resident

Islami Bank hands over gift items for Hajj pilgrims

Islami Bank Bangladesh Limited has handed over gift items for Hajj pilgrims to use in the Hajj Camp, a press release said Tuesday. Md. Omar Faruk Khan, Additional Managing Director of the bank handed over the gifts to Md. Saiful Islam, Joint Secretary, Ministry of Religious Affairs at Hajj Office located