ISLAMIC BANK BANGLADESH LIMITED

ISLAMIC BANK BANGLADESH LIMITED is neither a factory nor a trader. It is a financial institution, specifically a commercial bank.

Company Introduction:

Islamic Bank Bangladesh Limited (IBBL) is a leading commercial bank in Bangladesh, operating under Islamic Shariah principles. Established in 1983, it was the first Islamic bank in Southeast Asia and one of the pioneers of Islamic banking globally.

IBBL offers a comprehensive range of banking products and services to individuals, businesses, and corporations. These include various deposit schemes, investment financing (equivalent to loans in conventional banking), trade finance, foreign exchange services, remittance services, and digital banking solutions.

The bank plays a significant role in the socio-economic development of Bangladesh by promoting Shariah-compliant financial practices and contributing to various sectors of the economy. It is a publicly listed company on the Dhaka Stock Exchange and Chittagong Stock Exchange, known for its extensive network of branches and strong customer base across the country.

Islamic Bank Bangladesh Limited (IBBL) offers a wide range of Shariah-compliant products and services. Here is a list:

Deposit Products

Al-Wadiah Current Account

Mudarabah Savings Account

Mudarabah Special Savings Account

Mudarabah Hajj Savings Account

Mudarabah Monthly Savings Scheme

Mudarabah Millionaire Savings Scheme

Mudarabah Kotipati Savings Scheme

Mudarabah Education Savings Scheme

Mudarabah Marriage Savings Scheme

Mudarabah Foreign Currency Deposit Account

Mudarabah Term Deposit Account

Mudarabah Special Term Deposit Account

Mudarabah Waqf Cash Deposit Account

Mudarabah Farmer Savings Account

Mudarabah Senior Citizens Savings Account

Mudarabah Pension Savings Scheme

Mudarabah Deposit Pension Scheme

Investment (Financing) Products

Murabaha Post Import Financing

Murabaha Pre-shipment Export Financing

Murabaha Local Documentary Bill Purchase

Murabaha Local Bill Purchase

Murabaha Documentary Bill Purchase

Murabaha for Working Capital

Bai-Murabaha for Local and Foreign Purchase

Bai-Salam for Agricultural Products

Bai-Muajjal for Consumer Durables

Hire Purchase under Shirkatul Melk (HPSM) for Housing and Vehicle

Ijara (Leasing) for Industrial Machinery and Equipment

Mudarabah for Project Finance

Musharaka for Working Capital and Project Finance

Quard for Small Businesses

Rural Development Scheme (RDS)

Microfinance Scheme

Small Business Investment Scheme

Investment for Women Entrepreneurs

Card Services

IBBL Debit Card (Visa, MasterCard)

IBBL Credit Card (Visa, MasterCard) - Shariah-compliant

Digital Banking Services

CellFin (Mobile Banking App)

Internet Banking (iBanking)

SMS Banking

ATM Services

POS (Point of Sale) Services

Agent Banking Services

International Banking Services

Foreign Remittance Services

Export and Import Finance

Letter of Credit (LC) Services

Foreign Exchange Services

Other Services

Locker Services

Treasury Services

Government Securities Trading

Advisory Services for Islamic Finance