IBBL Chairman meets the press

Arastoo Khan, the newly elected Chairman of Islami Bank Bangladesh Limited formally exchanged the views with the representatives of media in a press briefing at Islami Bank Tower on January 8, 2017, Sunday. Prof. Syed Ahsanul Alam, Vice Chairman, Major General (Rtd.) Engr. Abdul Matin, Chairman, Executive Committee, Dr. Md. Zillur Rahman, Chairman, Audit Committee, Md. Abdul Mabud, PPM, Chairman, Risk Management Committee, Professor Dr. Qazi Shahidul Alam, Director, Md. Mahbub-ul-Alam, Acting Managing Director along with top executives of the bank were present.

Arastoo Khan, said in the briefing, the trust, confidence and love to Islami Bank of the religion-loving people of Bangladesh made this bank a success one. The first interest free bank of the south and south-east Asian region through its success validated that the system of Shariah based banking is possible. This system has come into reality through establishing Shariah based banking over the last three decades.

The principles of Islami Banking and regulations of Islami Shariah will be complied strictly in running the bank, he said. The preamble of the bank will be followed, without change, he added. He urged the media to convey this message to bank’s customers, stakeholders and people of the country.

He said, the deposit, investment and all other activities of the bank will be conducted as per Shariah rules, and interest-free, profit-loss-sharing principles. The Bank’s investment will be diversified in the secured and welfare sectors, he added.

He said, the Bank’s CSR will be deployed for the betterment of poor, destitute and hapless people with priority in education and health sector. Special attention will be given to enhance the safeguard of depositors and staff facilities, he added.