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Al-Arafah Islami Bank

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Al-Arafah Islami Bank Limited
Company typePublic limited company
Industry
Founded1995
HeadquartersDhaka, Bangladesh
Key people
  • Alhajj Abdus Samad(chairman)
  • Farman R Chowdhury (managing director)
Products
Increase ৳227.6 crore (US$19 million)
Number of employees
3,070 (2017)[1]
Websiteal-arafahbank.com

Al-Arafah Islami Bank Limited[2] (Template:Lang-bn) is an Islamic bank in Bangladesh.[3][4][5][6][7]

History

Al-Arafah Islami Bank Limited is a sharia compliant bank in Bangladesh founded on 27 September 1995. A sharia council of the bank is responsible for ensuring the bank activities meet sharia 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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