TO THE ORDER OF AL ARAFAH

Nature of Business: Financial Institution (Bank)

Is it a factory or a trader: Neither. It is a bank.

Company Introduction:

Al-Arafah Islami Bank PLC. (AIBL) is a leading private commercial bank in Bangladesh, established and operating under the principles of Islamic Shariah. The bank was incorporated on June 18, 1995, and officially commenced its banking operations on September 27, 1995. AIBL provides a wide array of Shariah-compliant banking products and services to its diverse clientele, including individuals, small and medium enterprises, and large corporations. Its offerings encompass various deposit schemes, investment products, foreign exchange services, trade finance, and other conventional banking services tailored to Islamic financial principles. With a strong commitment to ethical banking and contributing to the socio-economic development of Bangladesh, Al-Arafah Islami Bank PLC. operates through an extensive network of branches across the country, aiming to deliver excellent customer service and innovative financial solutions.

The Al-Arafah Islami Bank Limited in Bangladesh primarily offers a range of financial products and banking services. These include:

Deposit Products

Savings Accounts

Current Accounts

Fixed Deposit Receipts

Mudaraba Savings Bonds

Various Savings Schemes such as Hajj Savings and Education Savings

Investment Products (Financing)

Bai-Murabaha (Cost-plus financing)

Bai-Muajjal (Deferred payment sale)

Ijara (Leasing)

Mudaraba (Profit-loss sharing)

Musharaka (Partnership financing)

Salam (Advance payment for future delivery)

Istisna (Manufacturing financing)

Foreign Exchange Services

Import Financing

Export Financing

Remittance Services (inward and outward)

Foreign Currency Accounts

Card Services

Debit Cards

ATM Services

Digital Banking

Internet Banking

Mobile Banking (AIBL Touch, AIBL mPay)

SMS Banking

Other Services

Locker Services

Treasury Services

Corporate Banking

SME Banking

Retail Banking