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Al-Arafah Islami Bank Limited
Al-Arafah Islami Bank Limited ( bn, আল-আরাফাহ ইসলামী ব্যাংক লিমিটেড) is an Islamic bank in Bangladesh. The Bank is controlled by S. Alam Group of Industries. 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. 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. Md Abdus Samad Sheikh was appointed managing director of the bank in 2005. Md Abdus Samad Sheikh was re-appointed managing director of the bank in 2008. In September 2010, Al-Arafah Islami Bank Limited issued shares to raise funds to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Limited Company
A public limited company (legally abbreviated to PLC or plc) is a type of public company under United Kingdom company law, some Commonwealth of Nations, Commonwealth jurisdictions, and the Republic of Ireland. It is a limited liability company whose shares may be freely sold and traded to the public (although a PLC may also be privately held, often by another PLC), with a minimum share capital of £50,000 and usually with the letters PLC after its name. Similar companies in the United States are called Public company, ''publicly traded companies''. Public limited companies will also have a separate legal identity. A PLC can be either an unlisted or listed company on the stock exchanges. In the United Kingdom, a public limited company usually must include the words "public limited company" or the abbreviation "PLC" or "plc" at the end and as part of the legal company name. Welsh companies may instead choose to end their names with , an abbreviation for '. However, some public l ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Anti-Corruption Commission (Bangladesh)
The Anti Corruption Commission ( bn, দুর্নীতি দমন কমিশন) ''often abbreviated:'' ACC ( bn, দুদক) is the principal government agency against corruption in Bangladesh. History The Anti Corruption Commission was formed through an act promulgated on 23 February 2004 that came into force on 9 May 2004. Although initially, it could not make the desired impact, but immediately following its reconstitution in February 2007, the ACC began working with renewed vigor and impetus duly acceding to the United Nations' convention against corruption that was adopted by the General Assembly away back on 31 October 2003. Its framework and function is governed by Anti-Corruption Commission Act, 2004. In 2009, Ghulam Rahman was appointed chairman of the commission, replacing Hasan Mashhud Chowdhury. Anti Corruption Commission was formed through an act in 2004, but is considered to be largely ineffective in investigating and preventing corruption because of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Islamic Banks Of Bangladesh
Islam (; ar, ۘالِإسلَام, , ) is an Abrahamic monotheistic religion centred primarily around the Quran, a religious text considered by Muslims to be the direct word of God (or ''Allah'') as it was revealed to Muhammad, the main and final Islamic prophet.Peters, F. E. 2009. "Allāh." In , edited by J. L. Esposito. Oxford: Oxford University Press. . (See alsoquick reference) " e Muslims' understanding of Allāh is based...on the Qurʿān's public witness. Allāh is Unique, the Creator, Sovereign, and Judge of mankind. It is Allāh who directs the universe through his direct action on nature and who has guided human history through his prophets, Abraham, with whom he made his covenant, Moses/Moosa, Jesus/Eesa, and Muḥammad, through all of whom he founded his chosen communities, the 'Peoples of the Book.'" It is the world's second-largest religion behind Christianity, with its followers ranging between 1-1.8 billion globally, or around a quarter of the world's pop ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sheikh Hasina
Sheikh Hasina Wazed (''née'' Sheikh Hasina ; ; bn, শেখ হাসিনা ওয়াজেদ, Shēkh Hasinā, , born 28 September 1947) is a Bangladeshi politician who has served as the Prime Minister of Bangladesh, Prime Minister of Bangladesh since January 2009. Hasina is the daughter of the founding father and first President of Bangladesh, President of Bangladesh, Bangabandhu Sheikh Mujibur Rahman. She previously served as prime minister from June 1996 Bangladeshi general election, June 1996 to 2001 Bangladeshi general election, July 2001. She is the longest serving prime minister in the History of Bangladesh (1971–present), history of Bangladesh, having served for a combined total of over 18 years. As of , she is the world's longest-serving female Head of government, Head of Government in history. Hasina's term as the Prime Minister witnessed worsening security situation that includes the Bangladesh Rifles revolt in 2009 which killed 56 officers of Banglades ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ashrayan-2
The Ashrayan Project (), also known as the Ashrayan-2 Project, is a development project funded by the Government of Bangladesh The Government of the People's Republic of Bangladesh ( bn, গণপ্রজাতন্ত্রী বাংলাদেশ সরকার — ) is the central executive government of Bangladesh. The government was constituted by the Con ... under Prime Minister's Office Bangladesh tasked with building homes for homeless and displaced people. Joint Secretary Abu Saleh Mohammed Ferdous khan is the project director of the project now. History The Ashrayan project is a brainchild of the Honourable Prime Minister Sheikh Hasina. To ensure people's economic and political rights and democracy, she rushed from one end of the country to the other and saw the reality of the people. And after a long time, Awami League government led by Sheikh Hasina, daughter of Bangabandhu, came to power in 1996. On 19 May 1997, a cyclone hit the coastal areas includ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sonali Bank
Sonali Bank Limited ( bn, সোনালী ব্যাংক লিমিটেড) is the principal state-owned leading public commercial bank in Bangladesh. It is the largest bank in the country. Ziaul Hasan Siddiqui is the chairman of the Bank. Niranjan Chandra Debnath and Sanchia Binte Ali are the deputy managing directors of the bank. History Sonali Bank was established in 1972 under the Bangladesh Banks (Nationalisation) Order, through the amalgamation and nationalisation of the branches of National Bank of Pakistan, Bank of Bahawalpur, and Premier Bank branches located in East Pakistan until the 1971 Bangladesh Liberation War. When it was established, Sonali Bank had a paid up capital of 30 million Bangladeshi taka, taka. From 1996 to 1999, Dr Atiur Rahman served as a director of Sonali Bank. In 2001, its authorised and paid up capital were Tk 10 billion and Tk 3.272 billion respectively. Presently, its authorised and paid up capital is Tk 10 billion and Tk 9 billi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Union Bank Limited (Bangladesh)
Union Bank Limited is a fourth-generation private Islamic bank in Bangladesh. It is listed on the Dhaka Stock Exchange. History Union Bank Limited was established on 7 March 2013 as a sharia-compliant bank. It signed an agreement to use products of Millennium Information Solution Limited. On 8 January 2017, Islami Bank Bangladesh Ltd appointed Md Abdul Hamid Miah, former managing director of Union Bank, as managing director. This happened at a time Islami Bank Bangladesh Ltd saw major changes in ownership with companies aligned with S. Alam Group of Industries were allegedly buying up stakes in Islami Bank. The chairman of Union Bank at that time Shahidul Alam is a director of S Alam Group and brother of the chairman of S Alam Group, Mohammad Saiful Alam Masud Chowdhury. ABM Mokammel Hoque Chowdhury was appointed managing director of Union Bank Limited on 22 April 2020 from additional managing director. On 5 September 2021, Bangladesh Securities and Exchange Commission T ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Social Islami Bank
Social Islami Bank Limited (SIBL) ( bn, সোশ্যাল ইসলামী ব্যাংক লিমিটেড) is a Shari'ah based islami bank in Bangladesh. It was established on 22 November 1995 as Social Investment Bank Limited. Later it changed name to Social Islami Bank Limited. Up to October, 2021, SIBL has 172 branches including 22 AD (Authorized Dealer) branches, 104 subbranches & 200 agent banking outlets. History Social Islami Bank Limited is a Sharia compliant bank in Bangladesh which started operations on 22 November 1995. SIBL was founded by M. A. Mannan, Dr. Hamid Al Gabid, Former Secretary General of O.I.C., Dr. Abdullah Omar Nasseef, and Ahmed M. Salah Jamjoom, Former Commerce Minister, Kingdom of Saudi Arabia. It is a public limited company registered under the Companies Act of 1994 and regulated by Bank Company Act 1991. The bank is an Islamic bank, based on Islamic Sharia law forbidding usury. In 2009, the Bank changed their name from Social Investm ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
NRB Global Bank
Global Islami Bank, former known as NRB Global Bank, is a fourth generation Bangladeshi sharia compliant private bank. Nizam Chowdhury is the chairperson of the Bank. Syed Habib Hasnat is the Managing Director of Global Islami Bank. History The Bank was founded as NRB Global Bank on 25 July 2013 targeting not resident Bangladeshis. Bangladesh Bank provided licenses to nine banks, including NBR Global Bank, in 2013 on the condition that the bank will eventually list on the stock market. On 14 August 2013, Md Abdul Quddus was appointed Managing Director of NRB Global Bank. In 2015, Prashanta Kumar Halder became the Managing Director of the Bank. Nizam Chowdhury, director of Diamond Life Insurance Company Limited and Kushira Power Limited, was appointed chairman of NRB Global Bank in August 2016. In April 2019, the NRB Global Bank announced it's intention to change its name to Global Bank of Bangladesh due to the existence of two banks, NRB Commercial Bank Limited and NRB Bank, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Islami Bank Bangladesh Limited
Islami Bank Bangladesh Ltd. (IBBL) ( bn, ইসলামী ব্যাংক বাংলাদেশ লিমিটেড) is an Islamic banking company based in Bangladesh. It became incorporated on 13 March 1983 as a public limited company under the Companies Act 1913. IBBL maintains its own ATM Booths with a country-wide shared ATM network. IBBL has been the largest private banking network in Bangladesh. When IBBL was established, it was the first bank in Southeast Asia to provide banking service based on Shariah. The bank has been listed with both Dhaka Stock Exchange Ltd. and Chittagong Stock Exchange Ltd. History Islami Bank Bangladesh Limited is a shari'ah compliant bank in Bangladesh which started operations on 30 March 1983. It was founded by Saudi and Kuwaiti investors. It is a public limited company registered under the Companies Act of 1913. IBBL is a joint venture of the government of Bangladesh, 22 businessmen of Bangladesh, Islamic Development Bank, and inve ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
First Security Islami Bank
First Security Islami Bank Limited is a public limited bank in Bangladesh which was founded on 29 August 1999 provides sharia compliant banking. Mohammed Saiful Alam, chairman of S. Alam Group of Industries, is the chairman of First Security Islami Bank Limited. The bank experienced a cash crunch in 2022 after proving large unsecured loans. History First Security Islami Bank Limited was incorporated on 29 August 1999 as a commercial bank. It started operations on 25 October 1999 with an authorized capital of 1 billion taka. From 2009 the bank started sharia banking. Bangladesh Sports Press Association (BSPA) in 2014 awarded the bank best sponsor. The Bank sponsored the National School Hockey Tournament. The Bank saw profits decline in 2018 along with other listed banks on the Dhaka Stock Exchange. In September 2021, First Security Islami Bank Limited issued shares to raise its paid up capital. It declared a 10 per cent dividend that year. On 4 December 2022, Bangladesh High C ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bangladesh Commerce Bank
Bangladesh Commerce Bank Limited is a private sector commercial bank in Bangladesh. History The bank can trace its origins to the former Bangladesh Commerce and Investment Limited, set up on 27 January 1986. It was a non-bank financial institution. In April 1992 its activities were suspended by Bangladesh Bank due to a liquidity crises. To protect the banking sector, the employees, and customers of the firm, it was changed into a bank by Bangladesh Bank. Bangladesh Commerce Bank Limited was incorporated on 1 June 1998. S Alam Group is an investor in the bank. In August 2004, Bangladesh Bank placed in a watchlist of "problem banks". The bank donated to Prime Minister Khaleda Zia's relief fund. Md Enayet Ullah was appointed managing director of the bank. A branch of the bank in Ashulia, Bangladesh was robbed on 21 April 2015. Nine people including the bank manager were killed. One of the robber was killed and 2 were captured out of an estimated 8-9 robbers. The attack was blam ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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