AL ARAFAH ISLAMI BANK LTD

AL ARAFAH ISLAMI BANK LTD Company Introduction

AL ARAFAH ISLAMI BANK LTD (AIBL) is a prominent private commercial bank in Bangladesh. Established in 1995, it operates under the principles of Islamic Sharia. The bank offers a comprehensive range of banking products and services to individuals, businesses, and corporations. These services include various deposit schemes, investment (financing) products, foreign exchange, remittance services, online banking, ATM facilities, and corporate banking solutions, all compliant with Islamic finance principles. AIBL is committed to contributing to the economic development of Bangladesh through ethical and interest-free banking practices. It is a publicly listed company on the Dhaka Stock Exchange.

Factory or Trader:

AL ARAFAH ISLAMI BANK LTD is neither a factory nor a trader. It is a financial institution, specifically a commercial bank.

AL ARAFAH ISLAMI BANK LTD produces or sells the following products and services:

Savings Accounts

Current Accounts

Fixed Deposit Accounts

Mudarabah Term Deposit Schemes

Various Special Deposit Schemes

Murabaha Financing for various assets

Ijara (Leasing) Financing

Musharaka (Partnership) Financing

Mudarabah (Profit-Sharing Investment)

Bai-Salam (Forward Buying) Financing

Bai-Istisna (Manufacturing) Financing

Project Financing

Debit Cards

Credit Cards

Internet Banking Services

Mobile Banking Services

SMS Banking Services

ATM Services

Inward Remittance Services

Outward Remittance Services

Letter of Credit Services

Bank Guarantees

Export Finance

Import Finance

Locker Services

Safe Custody Services

Utility Bill Collection Services