Md Habibur Rahman, Managing Director of Al-Arafah Islami Bank Ltd, presides over a workshop at the bank’s Training and Research Academy in Dhaka on Sunday. 

Al-Arafah Islami Bank organised a day-long workshop on ‘Auditing Shipping Documents at branches’ at the bank’s Training and Research Academy in Dhaka on Sunday.

Md Habibur Rahman, Managing Director of the bank, presided over the workshop as chief guest, said a press release.

Md Nazrul islam Mazumder, Vice Chairman, IBCF and Chairman of EXIM Bank Ltd, speak at a seminar on ‘Shariah Banking and Iftar Mahfil at a city hotel in Dhaka on Saturday. 

Speakers at a seminar on Saturday opined that Islamic Banking can effectively help eradicate poverty from the society and the globe as well.

They said, Islamic banking, for its excellent characteristics like interest-free Shariah-based banking, upholding humanity and preserving the interests of general people, has been expanding rapidly across the globe.

Islamic Banking Consultative Forum (IBCF) organised the seminar on ‘Shariah Banking’ and Iftar Mahfil at a city hotel.

Former Foreign Minister Syed Abul Hasan Chowdhury, former secretary and Adviser of IBCF Shah Abdul Hannan, President of Federation of Bangladesh Chambers of Commerce and Industries (FBCCI) Qazi Akram Uddin Ahmed, former FBCCI president and Chairman of Shahjalal Islami Bank Ltd AK Azad, Assistant General Secretary of OIC Ambassador Mohsin, industrialist Salahuddin Quader were present in the seminar.

Md. Abdul Mannan, Managing Director of Islami Bank Bangladesh Ltd (IBBL) presented the key-note paper while Md Nazrul islam Mazumder, Vice Chairman, IBCF and Chairman of EXIM Bank Ltd presided over the seminar.

AKM Nurul Fazal Bulbul, Convener, Seminar Preparatory Committee, IBCF delivered welcome address.

While addressing FBCCI President Qazi Akram Uddin Ahmed said the characteristic of interest-free loan is an excellence of Islamic Banking and for this Islami Banking has already got a strong foundation in Bangladesh.

Akram said being impressed with the ideology and characteristics of Islamic Banking, he will turn Standard Bank Ltd completely into a Islamic Bank immediately.

While addressing, Consultant of Islamic Banking, M Azizul Haque hoped that Shariah-based Islamic banking will be the mainstream banking in the country soon.

“The primary objectives of Shariah Banking is to promote human development by enabling them discharge services and thus human resource development is the key objective of Shariah banking at micro level.

Compliance of Shariah ensures protection and preservation of religion, life, progeny-family unit, property, intellect and honor”, he added.

In his key-note paper, IBBL Managing Director Md. Abdul Mannan said Islamic Banking is not only an interest-free tool but it also discharges responsibility of implementing the objectives of Islamic Economy.

Besides making all the financial activities interest-free, the other objectives of Islamic Banking include running everything based on shariah, engaging the banking activities in welfare of people, establishing order, principle, justice and rules in the business and commercial activities, coordinating the economic activities with social development, he said.

Abul Hasan Chowdhury stressed the need for government role in turning the payment of Zakat mandatory for all because it can tremendously help alleviate poverty in a country like Bangladesh.

AK Azad said people will be able to understand Islamic Banking after they practice Islam and learn the religion perfectly.

Md. Nazrul Islam Mazumder, Chairman of Exim Bank Limited, speaks at the Half Yearly Performance Review Conference 2013 at Gulshan in Dhaka on Saturday. 

The Half Yearly Performance Review Conference-2013 of Exim Bank Limited was held at Gulshan in Dhaka on Saturday.

Md. Nazrul Islam Mazumder, Chairman, Exim Bank Ltd was present at the conference as chief guest, said a press release.

Dr. Mohammed Haider Ali Miah, Managing Director of the bank presided over the conference.

AKM Shahidul Haque, Managing Director & CEO of Midland Bank and Kazi Saifuddin Munir, Managing Director & CEO of ITCL exchange documents after signing agreement at the bank's Gulshan head office on Tuesday. 

A signing ceremony between Midland Bank Ltd and IT Consultants Ltd held at the bank's Gulshan Head Office in the city on Tuesday.

AKM Shahidul Haque, Managing Director & CEO of Midland Bank and Kazi Saifuddin Munir, Managing Director & CEO of ITCL have signed in the agreement on behalf of the respective organization, said a press release.

AE Abdul Muhaimen has recently joined United Commercial Bank as the additional managing director. Prior to joining UCB,

he was the managing director of National Finance Limited, said a news release. Muhaimen is a senior banking professional with over 27 years of multi-functional experience with six banks in Asia, Australia and the Middle East.

He earlier worked as chief executive officer and managing director of BRAC Bank

.He started his career with ANZ Grindlays Bank as a management trainee in 1986. He also worked in various management capacities in various organisations at home and abroad being in the role of CFO,

Head of Human Resources, Head of Cards, Chief Operating Officer and Deputy CEO.

 Muhaimen obtained his post graduate degree in MBA from IBA and trained at INSEAD, Singapore; Mount Eliza of Monash University, Australia and Harvard University, USA.