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AIBL News

17 Aug, 2017
workshop on cl reporting provisioning & csme database reporting held at al-arafah islami bank limited

16 Aug, 2017
al-arafah islami bank ltd. signs mamorandum of understanding (mou) with aamra payment systems limited

10 Aug, 2017
al-arafah islami bank sponsors 3rd bangladesh junior science olympiad 2017

08 Aug, 2017
result of written exam for mto/eo & viva schedule

08 Aug, 2017
board meeting of al-arafah islami bank ltd. held

07 Aug, 2017
orientation course on banking started at al-arafah islami bank limited

03 Aug, 2017
board meeting of al-arafah islami bank ltd. held

02 Aug, 2017
al-arafah islami bank ltd. opens atm booth at hotel radisson blue, chittagong

31 Jul, 2017
board meeting of aibl capital market services ltd. held

30 Jul, 2017
al-arafah islami bank limited opens 149th branch at rupgonj, narayangonj

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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