IBBL
Islami Bank board of directors' meeting held
A meeting of the board of directors of Islami Bank Bangladesh Limited (IBBL) was held Sunday on a virtual platform.
Professor Md Nazmul Hassan, chairman of the bank, presided over the meeting.
READ: IBBL signs agreement with InterContinental
IBBL vice-chairmen Yousif Abdullah Al-Rajhi and Md Shahabuddin, Dr Areef Suleman, foreign director and representative of Islamic Development Bank, attended the meeting.
Also, Mohammed Monirul Moula, managing director and CEO of IBBL, and JQM Habibullah, deputy managing director and company secretary of the bank, were present, according to a media statement.
Islami Bank Dhaka North holds Shariah compliance webinar
Islami Bank Bangladesh Limited (IBBL) Dhaka North Zone organised the webinar "Compliance of Shari'ah in Banking Operations" Saturday.
Professor Md Kamal Uddin, director of the bank, addressed the webinar as chief guest and Mohammed Monirul Moula, managing director and CEO, as special guest.
READ: IBBL signs agreement with InterContinental
Professor Dr Mohammad Gias Uddin Talukder, chairman of Shari'ah Supervisory Committee of the bank, addressed the webinar as chief discussant.
Md Mizanur Rahman, head of Dhaka North Zone, presided over the programme, according to a press release.
Islami Bank holds Annual Risk Conference 2021
Islami Bank Bangladesh Limited (IBBL) organised "Annual Risk Conference 2021" Saturday on a virtual platform.
Md Anwarul Islam, general manager of the Bangladesh Bank, addressed the function as chief guest.
Mohammed Monirul Moula, managing director and CEO of Islami Bank, presided over the programme.
READ: IBBL, US-Bangla sign MoU
IBBL additional managing directors Muhammad Qaisar Ali and Md Omar Faruk Khan, Deputy Managing Director JQM Habibullah, and Chief Risk Officer Mohammad Ali spoke at the event.
Also, IBBL Senior Executive Vice-President Md Motiar Rahman and Bangladesh Bank Deputy General Manager Aminur Rahman Chowdhury addressed the conference, according to a press release.
READ: IBBL Jashore holds Shariah compliance webinar
IBBL Jashore holds Shariah compliance webinar
Islami Bank Bangladesh Limited (IBBL) Jashore Zone organised the webinar "Compliance of Shari'ah in Banking Operations" recently.
Dr Mohammad Saleh Jahur, director of the bank, addressed the webinar as chief guest and Md Omar Faruk Khan, additional managing director, as special guest.
Professor Md Mozahidul Islam Chowdhury, member of IBBL Shari'ah Supervisory Committee, addressed the webinar as chief discussant.
READ: IBBL signs agreement with InterContinental
Md Maksudur Rahman, head of Jashore Zone, presided over the programme.
Also, executive vice-presidents Md Shamsuddoha and Md Shafiul Azam spoke at the programme, according to a press release.
READ: IBBL, NOVOAIR sign MoU
IBBL Barishal holds Shariah compliance webinar
Islami Bank Bangladesh Limited (IBBL) Barishal Zone organised the webinar "Compliance of Shari'ah in Banking Operations" Saturday.
Professor Dr Md Salim Uddin, chairman of the executive committee of the bank, addressed the webinar as chief guest and Mohammed Monirul Moula, managing director and CEO, as special guest.
READ: IBBL launches Shariah-based dual currency cards
Dr Muhammad Saifullah, a member of IBBL Shari'ah Supervisory Committee, addressed the webinar as chief discussant.
Md Aminur Rahman, head of Barishal Zone, presided over the programme and Md Shamsuddoha, executive vice-president, also spoke at it, according to a press release.
READ: IBBL Sylhet holds Shariah compliance webinar
IBBL launches Shariah-based dual currency cards
Islami Bank Bangladesh Limited (IBBL) Sunday launched Shari'ah-based dual currency Mastercard Titanium and Gold debit, World and Gold credit and prepaid cards in Bangladesh.
The cards feature contactless capabilities that will allow cardholders to transact more conveniently – both domestically and internationally.
Planning Minister MA Mannan was the chief guest at the virtual inauguration programme.
Read Digital Currency: Benefits and Risks of the Cashless Economy in Bangladesh
Bangladesh Bank Deputy Governor Ahmed Jamal and Professor Dr Mohammad Gias Uddin Talukder, chairman of Central Shari'ah Board for Islamic Banks of Bangladesh, were present as special guests.
Mohammed Monirul Moula, managing director and CEO of IBBL, presided over the event.
The launch is aimed at boosting cross-border transactions by enabling greater purchase flexibility for cardholders who shop, dine and transact while overseas, eliminating the need to carry foreign currency while travelling abroad.
Also read: IBBL Rajshahi holds business development conference
The dual currency cards allow cardholders to avail more secure online payment facilities through two-factor authentication where they will receive a one-time password (OTP) to verify their online transaction.
The cards can also be used to withdraw cash 24 hours a day, seven days a week from ATMs nationwide and internationally.
The contactless cards are embedded with a secure EMV-enabled chip that allows for a safe, touchless transaction at any enabled payment terminal or point-of-sale (POS) machine.
Read Coinbase is here: A cryptocurrency exchange goes public
EMV cards store data on integrated circuits that create dynamic data every time a cardholder processes a transaction, making it nearly impossible for fraudsters to duplicate or clone the card.
To enjoy all the benefits of the new cards, cardholders will have to visit the nearest IBBL branch to endorse their passport for travel quota entitlement, after which dual currency transactions will be enabled on any existing Mastercard debit, credit and prepaid cards issued by the bank, according to a press release.
"With this collaboration, we aim to accelerate digital banking through technology-based payment services and further financial inclusion by reaching masses across the country. The latest contactless technology from Mastercard will ensure a more secure transaction system for our customers," Monirul Moula said.
READ: IBBL Rangpur holds business development conference
The collaboration with IBBL is an exciting milestone for Mastercard in bringing best-in-class products that provide flexibility, convenience and security to cardholders, Mastercard Country Manager Syed Mohammad Kamal said.
IBBL Dhaka South Zone holds Shariah compliance webinar
Islami Bank Bangladesh Limited (IBBL) Dhaka South Zone organised the webinar "Compliance of Shari'ah in Banking Operations" recently.
Major General (retd) Abdul Matin, chairman of Risk Management Committee of the bank, addressed the webinar as chief guest and Mohammed Monirul Moula, managing director and CEO, as special guest.
Read:Bangladesh Bank, IBBL sign automated challan system agreement
Mufti Mohammad Muhibbullahil Baqee, member of the IBBL Shari'ah Supervisory Committee, addressed the webinar as chief discussant.
Abu Sayed Md Idris, head of Dhaka South Zone, presided over the programme while Md Shamsuddoha, executive vice-president, addressed the programme, according to a press release.
Bangladesh Bank, IBBL sign automated challan system agreement
Islami Bank Bangladesh Limited (IBBL) signed an agreement with the Bangladesh Bank Tuesday for collecting payment of government revenue and fees through an automated challan system (ACS).
Ahmed Jamal, deputy governor of the Bangladesh Bank, joined the program as chief guest.
Mohammed Monirul Moula, managing director and CEO of IBBL and Md Forkan Hossain, general manager of the Bangladesh Bank, signed the agreement.
Read: IBBL Dhaka zone holds online conference
AKM Mohiuddin Azad, executive director of the Bangladesh Bank; IBBL Additional Managing Director Md Omar Faruk Khan, Deputy Managing Director JQM Habibullah, Senior Executive Vice-President Md Mahboob Alam, and Executive Vice-President Md Mizanur Rahman Bhuiyan also attended the programme.
Now government revenue and fees including income tax and passport fees can be paid through this service from IBBL branches and sub-branches.
Read: IBBL inaugurates Bauphal sub-branch in Patuakhali
IBBL, BHBFC sign customer service agreement
Islami Bank Bangladesh Limited (IBBL) and Bangladesh House Building Finance Corporation (BHBFC) signed a customer service agreement on Wednesday in the capital.
Professor Dr Md Salim Uddin, chairman of BHBFC, joined the programme as chief guest and Mohammed Monirul Moula, managing director and CEO of IBBL, presided over it.
Read: IBBL Dhaka zone holds online conference
Md Afzal Karim, managing director of BHBFC, and Muhammad Qaisar Ali, additional managing director of IBBL, addressed the programme as special guests.
Md Omar Faruk Khan, additional managing director of IBBL, delivered the welcome speech.
JQM Habibullah, deputy managing director of the bank, and Md Atiqul Islam, general manager and project director of BHBFC, signed and handed over the investment distribution agreement of rural and peri-urban housing investment project "Manzil".
Taher Ahmed Chowdhury, deputy managing director of the bank, executives and officials of both organisations were present on the occasion.
Under the agreement, Islami Bank will carry out joint venture investment of the Islamic Development Bank and BHBFC for the lower and middle-class people in rural and peri-urban areas.Islami Bank Bangladesh Limited (IBBL) and Bangladesh House Building Finance Corporation (BHBFC) signed a customer service agreement on Wednesday in the capital.
Professor Dr Md Salim Uddin, chairman of BHBFC, joined the programme as chief guest and Mohammed Monirul Moula, managing director and CEO of IBBL, presided over it.
Md Afzal Karim, managing director of BHBFC, and Muhammad Qaisar Ali, additional managing director of IBBL, addressed the programme as special guests.
Read: IBBL inaugurates Bauphal sub-branch in Patuakhali
Md Omar Faruk Khan, additional managing director of IBBL, delivered the welcome speech.
JQM Habibullah, deputy managing director of the bank, and Md Atiqul Islam, general manager and project director of BHBFC, signed and handed over the investment distribution agreement of rural and peri-urban housing investment project "Manzil".
Taher Ahmed Chowdhury, deputy managing director of the bank, executives and officials of both organisations were present on the occasion.
Under the agreement, Islami Bank will carry out joint venture investment of the Islamic Development Bank and BHBFC for the lower and middle-class people in rural and peri-urban areas.
IBBL organises discussion, prayer on National Mourning Day
Islami Bank Bangladesh Limited (IBBL) organised a discussion and dua to observe the National Mourning Day and the 46th martyrdom of Father of the Nation Bangabandhu Sheikh Mujibur Rahman at a virtual platform Sunday.
Professor Md Nazmul Hassan, chairman of the bank, addressed the programme as chief guest and Mohammed Monirul Moula, managing director and CEO of the bank, presided over it.
Professor Dr Md Salim Uddin, chairman of executive committee, Mohammad Solaiman, chairman of audit committee, Major General (retd) Abdul Matin, chairman of risk management committee; directors Md Joynal Abedin and Professor Dr Qazi Shahidul Alam addressed the programme as special guests.
Professor Dr Mohammad Gias Uddin Talukder, chairman of IBBL Shari'ah Supervisory Committee, conducted the dua and munajat.
IBBL directors Professor Dr Md Sirajul Karim, Professor Md Kamal Uddin, Syed Abu Asad, Dr Tanveer Ahmad, Md Quamrul Hasan, Professor Dr Mohammad Saleh Jahur, Professor Dr Md Fashiul Alam, Khurshid-Ul-Alam and Mohammed Nasir Uddin also attended the programme.
READ: IBBL Dhaka East holds Shariah compliance webinar
Additional managing directors Muhamad Qaisar Ali and Md Omar Faruk Khan addressed the programme, too.
Professor Dr Mohammad Abdus Samad, member secretary of Shari'ah Supervisory Committee; deputy managing directors Abu Reza Md Yeahia, J Q M Habibullah, and Md Mostafizur Rahman Siddiquee; Chief Risk Officer Mohammad Ali, SM Rabiul Hassan, principal of Islami Bank Training and Research Academy, attended the programme.
Also, 16 zonal offices of the bank organised virtual discussions separately. Earlier in the morning, IBBL placed a floral wreath at the memorial of Bangabandhu at Dhanmondi 32.
READ: IBBL Rangpur Zone holds Seminar on Shari‘ah compliance