FIRST SECURIRY ISLAMI BANK LTD

FIRST SECURITY ISLAMI BANK LTD is neither a factory nor a trading company. It is a financial institution, specifically a private commercial bank.

Company Introduction:

FIRST SECURITY ISLAMI BANK LTD (FSIBL) is a leading private commercial bank in Bangladesh. Established in 1999 and commencing operations in 2000, the bank operates under Islamic Shariah principles. FSIBL provides a comprehensive range of banking products and services to individuals, small and medium enterprises (SMEs), and corporate clients. Its offerings include various deposit schemes, financing facilities, foreign exchange services, remittance services, and other financial solutions. The bank focuses on contributing to the economic development of Bangladesh by facilitating financial transactions and providing capital for various sectors, while adhering to ethical banking practices as per Islamic Shariah.

FIRST SECURITY ISLAMI BANK LTD (FSIBL) offers a range of Shariah-compliant financial products and services, including:

Deposit Products:

Savings Accounts

Current Accounts

Fixed Deposit Accounts (Mudaraba Term Deposit)

Special Savings Schemes (e.g., Millionaire Scheme, Double Benefit Scheme)

Hajj Savings Accounts

Education Savings Accounts

Pensioner Savings Accounts

Kids Savings Accounts

Investment Products (Financing):

Murabaha (for working capital, trade finance, consumer goods)

Musharaka (for project finance, joint ventures)

Mudaraba (for various financing needs)

Bai-Muajjal (for installment-based sales)

Ijarah (leasing for assets)

Salam (pre-payment for future delivery of goods)

Istisna (manufacturing finance)

Home Investment Schemes

Car Investment Schemes

SME Investment Schemes

Agricultural Investment Schemes

Card Services:

Debit Cards

Credit Cards (Shariah-compliant)

Prepaid Cards

Digital Banking Services:

Internet Banking

Mobile Banking (FirstPay, FSIBL App)

SMS Banking

ATM Services

Trade Finance:

Letter of Credit (LC) Issuance

Export Bill Discounting

Import Financing

Guarantees (Bank Guarantees, Performance Guarantees)

Remittance Services:

Inward Remittance

Outward Remittance

Locker Services

Treasury Services

Corporate Banking Services

Islamic Pilgrimage Services (Hajj and Umrah)