Al-Arafah Islami Bank Limited

Al-Arafah Islami Bank Limited[2] (Bengali: আল-আরাফাহ ইসলামী ব্যাংক লিমিটেড) is an Islamic bank in Bangladesh.[3][4][5][6][7]

Al-Arafah Islami Bank Limited
TypePublic limited company
Industry
Founded1995
HeadquartersDhaka, Bangladesh
Key people
  • Alhajj Abdus Samad(chairman)
  • Farman R Chowdhury (managing director)
Products
৳227.6 crore (US$27 million)
Number of employees
3,070 (2017)[1]
Websiteal-arafahbank.com

History

Al-Arafah Islami Bank Limited is a shariah compliant bank in Bangladesh founded on 27 September 1995. A shariah council of the bank is responsible for ensuring the bank activities meet shariah requirements. The headquarters are located in Motijheel, Dhaka.[8][9]

Microfinance

Al-Arafah Islami Bank Limited has initiated a project entitled “Krishi O Grameen Khudra Biniog Prokolpa (Microfinance). With this project, Al-Arafah Islami Bank Limited is working for reduction of poverty, development in agricultural sectors, creation of job opportunities etc.[10]

Partner

Al-arafah Islami Bank Limited has been signed a partnership with Millennium Information Solution Limited.

References
  1. "AT a Glance". Archived from the original on 16 July 2014. Retrieved 10 May 2016.
  2. "N Mohammad products to be exported in Japan | Dhaka Tribune". www.dhakatribune.com. Retrieved 10 May 2016.
  3. Al-Arafah Islami Bank Limited Review
  4. "ICD goes into strategic alliance with Al-Arafah Islami Bank Limited (AIBL), Bangladesh". The Hans India. Retrieved 10 May 2016.
  5. Syed, Imran (1 April 2016). "ICD, AIBL Bangladesh in strategic alliance – Saudi Gazette". Saudi Gazette. Retrieved 10 May 2016.
  6. "CC camera captures murder in Al Arafah bank". Prothom Alo. Archived from the original on 13 July 2016. Retrieved 10 May 2016.
  7. "The Financial Express | Financial Online News portal". The Financial Express Online Version. Retrieved 10 May 2016.
  8. "Al-Arafah Islami Bank Limited – Banglapedia". en.banglapedia.org. Retrieved 10 May 2016.
  9. "Conventional banks looking for a piece of the Islamic banking pie | Dhaka Tribune". www.dhakatribune.com. Retrieved 10 May 2016.
  10. REDmoney (7 April 2014). The Islamic Finance Handbook: A Practitioner's Guide to the Global Markets. John Wiley & Sons. ISBN 9781118814437.
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