12:49 pm - Tuesday May 23, 2017

IBCF holds workshop on Shariah principles

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IBCF Research & Training Academy arranged a daylong workshop on "Shariah Principles of Distribution of Profit to Participating Fund: Global & National perspective" held on Saturday May 6, 2017 at BAB office, Gulshan Dhaka. 26 top & mid Level Executives of 13 Islamic Banks and conventional banks having Islamic Banking Branches & windows took part in the workshop. The participants discussed the pros and cons of the weightage based system and the Income Sharing Ratio based system and recommended further study for introduction of an uniform system of distribution of profit to Mudaraba Depositors. Mr. Arastoo Khan, Chairman of Islamic Banks Consultative Forum & Islami Bank Bangladesh

Meghna Bank celebrates 4th anniversary

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Meghna Bank limited has celebrated its Four years successful journey at a simple ceremony at Banks Head Office at Gulshan, Dhaka. Directors, Sponsors together with and Mr. Mohammed Nurul Amin, Managing Director & CEO MGBL 4th Anniversarywere present in the Occasion. Senior Executives of the Bank, Respected clients and local Elites were also present in the Program. On the Anniversary Head Office and all Branches of the Bank arranged Milad Mahfil and Doa. At the end of the year 2016, Meghna Ban...

Daraz, RELUCE ink online partner deal

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Daraz.com.bd, the largest online marketplace of Bangladesh has successfully partnered with RELUCE, sister concern of Partex Star Group and one of the best known brands of Bangladesh. More than 50 different products including men’s shirt, belt, kurta, women’s tops, kameez, saree etc. are now available at Daraz Bangladesh website. The signing ceremony took place at the Daraz Bangladesh Ltd. headquarter in Banani, Dhaka and was commenced by Syed Mostahidal Hoq, Chief Commercial Officer of Daraz BD Ltd. And IMG_2330Md. Rafiqul...

SJIBL celebrates 16th anniversary

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Shahjalal Islami Bank Ltd (SJIBL) Head office and others 103 branches of the Bank organized khatme Quran and Doa-Mahfil on the occasion of its’ 16th year Anniversary on 11th May 2017. The Chairman of the Board of Directors of the Bank Engineer Md. Towhidur Rahman participated in the Doa-Mahfil as Chief Guest and inaugurated the 16th year anniversary by cutting a cake. 16th anniversary of SJIBL Press Release JPG-2In th...

Mövenpick to open hotel in Sylhet, Bangladesh

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Mövenpick Hotels & Resorts is set to open a 210-room hotel in Bangladesh in the third quarter of 2018. The hotel will feature a business centre and the city’s largest meeting rooms and is located in sylhet-20170511094056513one of Bangladesh’s main commercial and tourism centres in the northeast of the country. Guests will have access to a rooftop infinity swimming pool and spa. A fitness centre, tennis court and bowling alley complement the adjacent shopping area. In addition, the hot...

4 members of a family could be bank directors

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The cabinet on Monday approved the draft 'Bank Company (Amendment) Bill, 2017' which will allow four members of a family to be the directors of a bank. The existing law permits only two members of a family to be the directors of a bank. The cabinet gave the approval at its weekly meeting held at the Secretariat with prime minister Sheikh Hasina in the chair. gov-logo-1_4While briefing reporters after the meeting, cabinet secretary Mohammad Shafiul Alam said it was the desire of the founding directors of private b...