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AIBL News

20 Jul, 2010
al-arafah islami bank ltd. opens its 65th branch at abdullahpur

19 Jul, 2010
al-arafah islami bank ltd. opens its 64th branch at hemayetpur

18 Jul, 2010
branch managers’ conference of al-arafah islami bank ltd. held

15 Jul, 2010
al-arafah islami bank ltd. brokerage house opens its chittagong branch

14 Jul, 2010
board meeting of al-arafah islami bank ltd. held

24 Jun, 2010
al-arafah islami bank ltd. brokerage house opens its brahmanbaria branch

23 Jun, 2010
audit committee meeting of al-arafah islami bank ltd. held

20 Jun, 2010
aibl donates specialized hospital beds, aircondition machines and life-saving medicines to dhaka medical college hospital burn unit

15 Jun, 2010
al-arafah islami bank ltd. opens its 63rd branch at brahmanbaria

15 Jun, 2010
al-arafah islami bank ltd. opens its 62nd branch at tantar bazaar, akhaura

15 Jun, 2010
jb. badiur rahman re-elected as chairman and s. m. shameem iqbal re-elected as vice chairman of al-arafah islami bank ltd.

13 Jun, 2010
al-arafah islami bank ltd. approved 30% bonus dividend and 1:1 right share

13 Jun, 2010
al-arafah islami bank ltd. brokerage house opens its uttara branch

About AIBL
Declaration
The content of this section on the Fatwa & Sharia Supervision board sets out the proper position that the Fatwa & Sharia is Supervision Board, Sharia auditing, the Sharia Supervisor and Sharia supervision procedures in general should occupy in an Islamic Banking institution.
A clearly outlined supervision mechanism is the basic and the most important framework of an Islamic Bank, (specified in the Al-Arafah Islamic Bank's Memorandum & Articles of Association & the Federal Law No. ----). This is to ensure complete obedience to the Islamic principles of finance and also to assure the Bank's customers that all their requirements are satisfied within the scope of Islamic structures of finance.
The Sharia Supervision procedure is similar to the duty of the Muhtaseb, who gains the power of his role and its efficiency in Islamic society from the extent to which compliance, efficiency, and support are provided by the Muslim leader and those of equivalent status. Otherwise, the Muslim leader would become nothing more than a trusted advisee who directs to virtue and prohibits wrongdoing. (Whoever believes, it is for that person's benefit, and whoever misbelieves, it is to that person's account).
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