Banking

Al-Arafah Bank holds seminar

Posted by BankInfo on Tue, Jul 30 2013 06:05 am

M. Azizul Huq, renowned Islamic banking expert, presents key-note paper at a seminar organised by Al-Arafah Islami Bank Limited at its head office in Dhaka on Monday.

 

Al-Arafah Islami Bank Limited organised a seminar on “Islamic Banking – Its Basis and Present Status” and held a discussion and Iftar mahfil at its head office on Sunday.

M. Azizul Huq, renowned Islamic banking expert presented the key paper at the meeting, said a press release.

Md Habibur Rahman, Managing Director of the bank presided over the meeting. Moulana Md. Anowar Hossain Mollah, Principal East Badda Islamia Kaumi Madrasa and Khatib, Ramna Jame Mosque briefed the participants about Al-Quran and Holy Ramadan. 

News:Daily Sun Bangladesh/30-July-2013

Bank Asia holds half yearly confce

Posted by BankInfo on Tue, Jul 30 2013 05:53 am

A. Rouf Chowdhury, Chairman of Bank Asia Limited, speaks at the Half-Yearly Business Conference-2013 of the bank at the bank’s Corporate Office at Naya Paltan in Dhaka on Monday. 

Half-yearly Business Conference-2013 of Bank Asia for the branches under Cluster-5 was held at the corporate office of the Bank at Naya Paltan in the city on Monday.

A. Rouf Chowdhury, Chairman of the Bank, inaugurated the conference, said a press release.

AM Nurul Islam and Mohammed Lakiotullah, Vice Chairmen, Shah Md. Nurul Alam, Chairman of Board Audit Committee, Rumee A Hossain, Vice Chairman of Board Audit Committee and Executive Committee, Md. Mehmood Husain, President and Managing Director, Aminul Islam, Ms. Humaira Azam and Md Arfan Ali, Deputy Managing Directors of the bank were present.

The conference reviewed the half-yearly performance of the branches under Cluster-5 supervised by Md. Touhidul Alam Khan, Senior Executive Vice President. Strategies and action plans were set for these branches to face the economic challenges in the days to come.

The theme of the conference was “Emerging Trend of Customer Relationship Management” where emphasis was given on customer relationship management to achieve business goals by the head of branches. 

News:Daily Sun Bangladesh/30-July-2013

Al-Arafah Islami Bank workshop on auditing held

Posted by BankInfo on Mon, Jul 29 2013 07:50 am

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.

News:Daily Sun Bangladesh/29-July-2013

Islamic banking can eradicate poverty’

Posted by BankInfo on Mon, Jul 29 2013 07:28 am

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.

News:Daily Sun Bangladesh/29-July-2013

Exim Bank holds Review Confce

Posted by BankInfo on Mon, Jul 29 2013 07:08 am

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.

News:Daily Sun Bangladesh/29-July-2013
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