Company Profile:
First Security Islami Bank Limited (FSIBL) is neither a factory nor a trading company. It is a commercial bank, operating as a financial institution.
Company Introduction
First Security Islami Bank Limited (FSIBL) is one of the leading private commercial banks in Bangladesh, established in 1999. It operates under the principles of Islamic Shariah, providing a comprehensive range of banking and financial services.
FSIBL's primary objective is to contribute to the socio-economic development of Bangladesh by offering modern, technology-driven, and Shariah-compliant financial solutions. The bank caters to a diverse clientele, including individuals, small and medium enterprises (SMEs), and large corporate entities.
The services offered by FSIBL encompass various Islamic banking products such as Mudarabah-based deposit schemes, Murabaha and Musharakah-based investment and financing facilities, foreign exchange services, treasury operations, card services (debit and credit), internet banking, mobile banking, and locker services.
With its headquarters in Dhaka, Bangladesh, FSIBL has expanded its network significantly, with numerous branches and sub-branches across the country. The bank is committed to maintaining high standards of customer service, ethical practices, and corporate social responsibility, consistently adhering to Islamic Shariah principles in all its operations.
Enterprise Products
First Security Islami Bank Limited (F.S.I.B.L.) in Bangladesh provides a comprehensive range of financial products and services, as it is a bank, not a manufacturing company. These include:
Deposit Products
Al-Wadiah Current Account
Mudarabah Savings Account
Mudarabah Term Deposit (Fixed Deposit)
Various Mudarabah-based savings schemes such as Hajj Savings, Marriage Savings, Education Savings, Millionaire Savings, Double Benefit Scheme, and Monthly Profit Deposit Scheme.
Investment (Financing) Products
Murabaha for trade and working capital financing
Bai-Muajjal for deferred payment sales
Ijara for leasing
Musharakah for partnership financing
Mudarabah for profit-sharing financing
Hire Purchase under Shirkatul Melk (HPSM) for consumer durables and housing
SME Financing
Agricultural Financing
Project Financing
Card Products
Debit Cards (Visa, Mastercard)
Credit Cards (Visa, Mastercard)
Prepaid Cards
Other Services
Internet Banking
Mobile Banking (FSIBL Cloud)
SMS Banking
Remittance Services (inward and outward)
Locker Services
ATM Services
Trade Finance Services (Letter of Credit opening, Bill collection)
Treasury Services
Foreign Exchange Services
Government Securities Investment
Agent Banking