Company Profile:
SHAHJALAL ISLAMI BANK Company Introduction:
Business Type: Neither a factory nor a trader. Shahjalal Islami Bank is a financial institution, specifically a private commercial bank.
Company Introduction:
Shahjalal Islami Bank PLC is a leading private commercial bank in Bangladesh, established in 2001. It operates under the principles of Islamic Shariah, offering a comprehensive range of Islamic banking products and services. Headquartered in Dhaka, Bangladesh, the bank caters to a diverse clientele including individuals, small and medium enterprises (SMEs), and large corporations.
The bank's services include various types of deposit schemes, investment products (similar to loans in conventional banking, but structured under Shariah-compliant modes like Mudaraba, Musharaka, Murabaha, etc.), foreign exchange services, remittances, treasury operations, and a growing suite of digital banking services such as internet banking, mobile banking, and ATM facilities.
Shahjalal Islami Bank is committed to contributing to the socio-economic development of Bangladesh by providing ethical and Shariah-compliant financial solutions, fostering economic growth, and promoting financial inclusion through its expanding network of branches across the country.
Enterprise Products
The phrase TO ORDER OF SHAHJALAL ISLAMI BANK is not the name of a company that produces or sells physical products. Instead, Shahjalal Islami Bank Limited is a financial institution in Bangladesh. As a bank, it offers a variety of banking and financial services.
Here are the main services provided by Shahjalal Islami Bank Limited:
Deposit Products:
Mudaraba Savings Deposit Account
Mudaraba Term Deposit Account (Fixed Deposit Receipt)
Mudaraba Special Notice Deposit Account
Al-Wadiah Current Account
Mudaraba Hajj Savings Scheme
Mudaraba Marriage Savings Scheme
Mudaraba Education Savings Scheme
Mudaraba Monthly Savings Scheme
Mudaraba Monthly Income Scheme
Mudaraba Millionaire Scheme
Mudaraba Double Benefit Scheme
Investment (Financing) Products:
Murabaha (Cost-plus financing for trade, working capital, consumer durables)
Bai-Muajjal (Deferred payment sale for various assets)
Ijara (Leasing for equipment, vehicles, real estate)
Musharaka (Partnership financing)
Mudaraba (Profit-sharing investment)
Salam (Advance payment for future delivery of goods)
Istisna (Manufacturing finance)
Small and Medium Enterprise (SME) Investment
Agricultural Investment
Housing Investment
Card Services:
Debit Cards (Visa, MasterCard)
Credit Cards (Shariah-compliant versions)
Prepaid Cards
Digital Banking Services:
Internet Banking
Mobile Banking Application
SMS Banking
ATM Services
International Trade and Remittance Services:
Import and Export Letter of Credit (LC) Facilities
Foreign Remittance Services
Bank Guarantees (Payment, Performance, Bid Bonds)
Other Services:
Locker Services
Utility Bill Payment Services
SMS Alert Services
Treasury Services
Agent Banking
Online Fund Transfer