TO THE ORDER OF ISLAMI BANK BANGLAD

TO THE ORDER OF ISLAMI BANK BANGLAD is not a company name. It is a phrase typically found on financial instruments such as checks, demand drafts, or letters of credit, indicating that a payment is to be made to or through Islami Bank Bangladesh Limited.

The actual entity referred to is Islami Bank Bangladesh Limited.

Company Introduction:

Type of Business: Financial Institution (Bank)

Islami Bank Bangladesh Limited (IBBL) is a leading private commercial bank in Bangladesh, established in 1983. It is the first interest-free bank in Southeast Asia, operating on Islamic Shariah principles. The bank offers a wide range of banking products and services, including retail banking, corporate banking, SME banking, foreign exchange, and investment services, all compliant with Islamic finance guidelines. IBBL plays a significant role in the economic development of Bangladesh by providing financial services to various sectors, including trade, industry, agriculture, and remittances. It has an extensive network of branches, sub-branches, and ATMs across the country, serving millions of customers.

Factory or Trader: Neither a factory nor a trading company. Islami Bank Bangladesh Limited is a bank, which is a financial service provider.

The phrase "TO THE ORDER OF ISLAMI BANK BANGLAD" is a payment instruction, not the name of a company that manufactures or sells physical products. It indicates that payment is to be made to Islami Bank Bangladesh Limited.

Islami Bank Bangladesh Limited is a financial institution and therefore does not manufacture or sell tangible products. Instead, it provides a wide range of Shariah-compliant banking and financial services. These services include:

Retail Banking Services

Savings Accounts (Mudaraba Savings Account, Hajj Savings Account, Education Savings Account)

Current Accounts (Al-Wadeeah Current Account)

Investment Accounts (Mudaraba Term Deposit Account, Mudaraba Special Savings (Pension) Account)

Locker Services

Debit Cards

Credit Cards (Shariah-compliant based on Mudaraba or Murabaha principles)

Internet Banking

SMS Banking

Mobile Banking (mCash)

Foreign Remittance Services

Corporate Banking Services

Corporate Investment Schemes (based on Murabaha, Mudaraba, Musharaka, Ijara contracts)

Project Financing

Working Capital Financing

Trade Finance (Letter of Credit opening, Export Bill discounting)

Bank Guarantees

SME Banking Services

Small and Medium Enterprise Investment Schemes

Microfinance

Treasury Operations

Interbank Placements

Foreign Exchange Operations