Merger of 5 Islamic banks to begin soon: governor
Five Shariah-based banks are set to be merged into a single entity, with the process beginning possibly next month, Bangladesh Bank governor Ahsan H Mansur said at a press briefing on Sunday...
Tags : Islamic bank
PBPLC holds Islamic banking seminar
Pubali Bank PLC has hosted a two-day seminar on 鈥業slamic banking and finance鈥� at the bank鈥檚 head office recently, said a press release...
Islamic banks to be merged into 2 banks: Bangladesh Bank governor
Bangladesh Bank governor Ahsan H Mansur on Wednesday聽said that there was a plan to merge Islamic banks to form two large banks...
Prime Bank launches Sadaqah Jariyah account
Prime Bank PLC has launched 鈥楽adaqah Jariyah鈥� account, a new Islamic banking product that will allow customers to donate to charitable causes continuously, said a press release...
Central Shariah Board holds fiqh committee meeting
Central Shariah Board for Islamic Banks of Bangladesh held its 52 meeting of the fiqh committee...
Islamic banks鈥� liquidity surges amid BB bailout
Excess liquidity in Islamic banks surged by Tk 9,272 crore in December compared to September 2024, mainly due to the Bangladesh Bank鈥檚 massive bailout to crisis-hit shariah-based banks...
PBPLC opens Islamic banking corner at Khamarbari branch
Pubali Bank PLC on Wednesday inaugurated Islamic banking corner at its Khamarbari branch in the capital Dhaka, said a press release...
Islamic banks鈥� deposits go down by Tk 11,781cr
Deposits at Shariah-based banks in Bangladesh dropped by Tk 11,781 crore, leading to a negative liquidity position of around Tk 2,000 crore in September, as public confidence plummeted following widespread loan scandals and irregularities...
47th general meeting of Central Shariah Board held
The 47th general meeting of the Central Shariah Board for Islamic Banks of Bangladesh (CSBIB) was held at 4:00pm on Thursday at the head office of Shahjalal Islami Bank...
Bangladesh Bank drafting separate rules for Islamic banking
Bangladesh Bank is drafting separate rules to regulate the Islamic banking system in the country, a move that has stirred mixed reactions among bankers and analysts...
Mannan elected IBCF chair
Mohammad Abdul Mannan, chairman of First Security Islami Bank, has been elected chairman of Islamic Banks Consultative Forum during the forum鈥檚 64th meeting held on Sunday, said a press release...
Excess liquidity of Islamic banks plunges by 77pc
Excess liquidity of Shariah-based banks in Bangladesh plummeted by 77 per cent in March 2024 compared with that in December 2023, driven by a confidence crisis of depositors...
Training on Shariah audit of Islamic bank ends
The closing session of a five-day long training course on 鈥楽hariah Audit of Islamic Banking Operations鈥� jointly organised by the Central Shariah Board for Islamic Banks of...
CSBIB, BIBM hold seminar on Islamic banks
A national seminar titled 鈥楢ccounting, Auditing, and Governance of Islamic Banks鈥� was held on Saturday at a hotel in Dhaka under the joint auspices of the Central Shariah Board for...
Islamic banks鈥� deposits drop, but loans surge
Loan disbursements from Shariah-based banks have significantly increased despite a sharp decline in deposit collection in December and January...
Omar becomes NRB Bank AMD
Md Omar Faruk Khan has joined NRB Bank Limited as additional managing director, said a press release...