ISLAMI BANK BANGLASESH LTD

Company Introduction: ISLAMI BANK BANGLADESH LTD

Type: Financial Institution

ISLAMI BANK BANGLADESH LTD is a prominent commercial bank in Bangladesh. Established in 1983, it is recognized as the first Islamic bank in Southeast Asia. The bank operates strictly under Islamic Shariah principles, offering a comprehensive suite of banking products and services. These services cater to individuals, businesses, and corporations, including various deposit schemes, investment products based on Islamic financing modes (such as Murabaha, Mudaraba, Musharaka), foreign exchange services, remittances, and modern digital banking solutions. Islami Bank Bangladesh Ltd plays a crucial role in the financial sector and socio-economic development of Bangladesh.

ISLAMI BANK BANGLADESH LTD offers a range of Shariah-compliant financial products and services. These include:

Deposit Products:

Savings Accounts

Current Accounts

Fixed Deposit Accounts

Special Savings Schemes

Hajj Savings Schemes

Deposit Pension Schemes

Financing Products (Investment Products):

Murabaha (Cost-plus sale)

Bai-Muajjal (Deferred payment sale)

Ijarah (Leasing)

Musharakah (Partnership financing)

Mudarabah (Profit-sharing financing)

Salam (Advance payment for future delivery)

Istisna (Manufacturing financing)

Project Financing

SME Financing

Agricultural Financing

Real Estate Financing (Home finance)

Hire Purchase under Shirkatul Melk (HPSM)

Trade Financing (Import and Export)

Card Services:

Debit Cards

Credit Cards (Shariah-compliant)

Prepaid Cards

Digital and Modern Banking Services:

Internet Banking

Mobile Banking (CellFin App)

ATM Services

SMS Banking

Agent Banking

Locker Services

Remittance and Foreign Exchange Services:

Inward and Outward Remittance Services

Foreign Currency Exchange

Export and Import Bill Services

Other Services:

Pay Order

Demand Draft

Bankers Cheque

Government Treasury Transactions