NCC Bank opens Islamic banking branch in Feni

NCC Bank PLC launched a shariah-based Islamic banking branch in Feni last week, marking a milestone in the bank’s expansion of Islamic banking services across the country.

Through the branch, customers from all sectors, including SME, agriculture and import-export trade, will be able to access comprehensive shariah-based Islamic banking services. 

Md Nurun Newaz Salim, chairman of NCC Bank PLC, inaugurated the branch as the chief guest, according to a press release.

In his address, Salim said, “Over its 32-year journey, NCC Bank has earned the trust of customers through modern, technology-driven and timely banking services. The bank remains firmly committed to providing enhanced customer service to meet the evolving needs of its clients.”

“Considering the growing importance of Islamic banking in the socio-economic context of Bangladesh, we have already introduced shariah-based banking operations, which have received encouraging responses. Alongside conventional banking, Islamic banking will play a vital role in strengthening the country’s financial sector and the local economy,” he added.

M Shamsul Arefin, managing director of the bank, presided over the event, where Abdus Salam, vice-chairman; Khairul Alam Chaklader, chairman of the executive committee; and Syed Asif Nizamuddin, director, attended as special guests.

Referring to the strong potential of Islamic banking in Bangladesh, Arefin said NCC Bank has launched shariah-compliant banking services across the country. He added that the bank has already opened two full-fledged Islamic branches in Gulshan, Dhaka, and Muradpur, Chattogram, along with Islamic banking windows at 32 branches nationwide.

Among others, Md Zakir Anam and Md Habibur Rahman, deputy managing directors; Abul Quasem Md Safiullah, executive vice-president and head of Islamic banking; Sharif Mohammad Mahsin, senior vice-president and head of SME; Mohammad Nurul Haque, senior vice-president and head for the South East region; and Khaled Afzal Rahim, vice-president and head of branch support, were also present.