Islami Bank Bangladesh has won the "Best Bank in Bangladesh" honour at the South Asian Business Excellence Awards 2022 presented by the South Asian Partnership Summit.

Planning Minister MA Mannan handed over the award to Mohammed Monirul Moula, managing director and chief executive officer of the bank, Thursday at a Dhaka hotel, according to a media statement.

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Morshed Alam MP and Asha Jayamanne, founder and chair of the South Asian Partnership Summit and Business Excellence Awards, were also present.

Islami Bank is a joint venture public limited company engaged in commercial banking business based on Islamic shariah.

Established in 1983 as the first Islamic bank in southeast Asia, it is listed on the Dhaka Stock Exchange and Chittagong Stock Exchange.