TO SOCIAL ISLAMI BANK LTD

Company Type:

Financial Institution (Bank).

It is not a factory or a trading company.

Corporate Introduction:

Social Islami Bank Limited (SIBL) is a prominent private commercial bank in Bangladesh. Established in 1995, the bank commenced its operations on November 22, 1995. SIBL operates under the principles of Islamic Shariah, offering a comprehensive suite of Shariah-compliant banking products and services. These services cater to a diverse clientele, including individuals, small and medium enterprises (SMEs), and large corporations throughout Bangladesh. The bank's offerings include various deposit schemes, investment (financing) products, foreign exchange services, remittance facilities, internet banking, mobile banking, and ATM services. SIBL is committed to contributing to the socio-economic development of the country while adhering to ethical banking practices.

Social Islami Bank Limited (SIBL) offers a range of Shariah-compliant banking products and services. These include:

Deposit Products:

Al-Wadiah Current Deposit Account

Mudaraba Savings Deposit Account

Mudaraba Term Deposit (MTDR)

Mudaraba Special Notice Deposit (MSND)

Mudaraba Monthly Savings Scheme (MMSS)

Mudaraba Millionaire Savings Scheme

Mudaraba Double Benefit Scheme (MDBS)

Mudaraba Hajj Savings Scheme

Mudaraba Education Savings Scheme

Mudaraba Marriage Savings Scheme

Mudaraba Monthly Income Scheme (MMIS)

Mudaraba Pension Savings Scheme (MPSS)

Mudaraba Lakhopoti Savings Scheme

Investment (Financing) Products:

Murabaha (for trade and general financing)

Bai-Muajjal (deferred payment sale)

Ijara (leasing)

Musharaka (partnership financing)

Mudaraba (trust financing)

Hire Purchase under Shirkatul Melk (HPSM)

Project Finance

SME Finance (Small and Medium Enterprise)

Working Capital Finance

Housing Finance

Car Finance

Consumer Finance

Agricultural Finance

Women Entrepreneur Finance

Card Services:

Debit Cards (Visa/Mastercard)

Prepaid Cards

Credit Cards (Shariah-compliant versions)

Digital Banking and Other Services:

Internet Banking

Mobile Banking (SIBL NOW)

SMS Banking

ATM Services

Locker Services

Foreign Remittance Services

Export and Import Financing

Foreign Exchange Services

Utility Bill Payment Services