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AB International Finance Limited. Website. abbl .com. AB Bank PLC. (formerly Arab Bangladesh Bank) is a leading [1] public limited bank in Bangladesh. AB Bank Limited was incorporated on 31st December 1981 and its the first commercial private bank in Bangladesh. [2]
Islami Bank Bangladesh PLC. (IBBPLC.) ( Bengali: ইসলামী ব্যাংক বাংলাদেশ পিএলসি) 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 and started operation on 30 March, the same year. [7]
Islamic banking, Islamic finance ( Arabic: مصرفية إسلامية masrifiyya 'islamia ), or Sharia-compliant finance [1] is banking or financing activity that complies with Sharia (Islamic law) and its practical application through the development of Islamic economics. Some of the modes of Islamic finance include mudarabah (profit-sharing ...
Eastern Bank PLC. ( Bengali: ইস্টার্ন ব্যাংক পিএলসি) is a private commercial bank headquartered in Dhaka, Bangladesh. [1] [2] [3] It was established on August 8, 1992, as a public limited company with limited liability under the Bank Companies Act of 1991. Its share are listed in the Dhaka Stock Exchange ...
ABC Islamic Bank (E.C) ABC Islamic Bank is a Joint Stock Company that provides investment banking services and asset management services in accordance with Islamic principles. It is a wholly owned subsidiary of Arab Banking Corporation. Its subsidiaries include ABC Clearing Company and ABC Islamic Fund. It is formerly known as ABC Investment ...
fsiblbd .com. First Security Islami Bank PLC ( Bengali: ফার্স্ট সিকিউরিটি ইসলামী ব্যাংক পিএলসি) is a public limited bank in Bangladesh which was founded on 29 August 1999 provides sharia compliant banking. [2] Mohammed Saiful Alam, chairman of S. Alam Group of Industries, is ...
Global Islami Bank PLC, former known as NRB Global Bank, is a fourth generation Bangladeshi sharia compliant private bank. [1] [2] Nizam Chowdhury is the chairperson of the Bank. [3] [4] Syed Habib Hasnat is the managing director of Global Islami Bank.
(For example, one Islamic bank—Al Rayan Bank in the UK—talks about "Fixed Term" deposits or savings accounts). In both these Islamic and conventional accounts the depositor agrees to hold the deposit at the bank for a fixed amount of time. In Islamic banking return is measured as "expected profit rate" rather than interest.