NRBC Bank observes 6th anniversary of Al-Amin Islamic Banking

NRBC Bank PLC on Tuesday celebrated the 6th anniversary of the launch of its fully shariah-compliant “Al-Amin Islamic Banking” window.

Syed Mohammad Mosaddeq Billah Al Madani, chairman of the Shariah Supervisory Committee of NRBC Bank PLC, attended the programme as the chief guest at the bank’s head office in Dhaka, according to a press release.

Speaking on the occasion, Madani said the Al-Amin Islamic Banking window provides a full range of Islamic banking services in strict compliance with Shariah principles.

He added that necessary steps have been taken to further strengthen interest-free banking transactions based on profit-and-loss sharing with customers.

Md Touhidul Alam Khan, managing director and chief executive officer of the bank, presided over the event.

Khan said Al-Amin Islamic Banking services are being offered through all branches and sub-branches of NRBC Bank, noting that deposits and investments through the Islamic banking window are increasing steadily.

“With the aim of building a just and equitable economic framework, the bank has undertaken special programmes to further expand and strengthen the activities of its Islamic banking window,” he added.

The Al-Amin Islamic Banking window was launched on January 20, 2020, with the objective of providing Islamic banking services to customers.

Currently, the bank has 109 branches and 415 sub-branches, and Islamic banking services are being provided through all of them.

Among others, Muhammad Abdul Qaium Khan, deputy managing director and chief operating officer, and Abdul Gofur Raana, head of the Al-Amin Islamic Banking Division, were also present.