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AIBL News

23 Feb, 2017
executive committee meeting of al-arafah islami bank ltd. held

22 Feb, 2017
alhajj khalilur rahman elected as chairman and alhajj liakat ali chowdhury elected as vice chairman of aibl capital market services ltd.

18 Feb, 2017
board meeting of al-arafah islami bank ltd. held

16 Feb, 2017
executive committee meeting of al-arafah islami bank ltd. held

15 Feb, 2017
al-arafah islami bank limited gives concurrent audit performance award

14 Feb, 2017
al-arafah islami bank ltd. natunbazar baridhara branch shifted to new premises

13 Feb, 2017
training workshop on prevention of money laundering and combating financing of terrorism held at al-arafah islami bank limited

12 Feb, 2017
al-arafah islami bank ltd. signs green transformation fund (gtf) agreement with bangladesh bank

09 Feb, 2017
executive committee meeting of al-arafah islami bank ltd. held

07 Feb, 2017
business development conference of al-arafah islami bank limited held

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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