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AIBL News

15 Jan, 2017
workshop on agent banking : biometric migration held at al-arafah islami bank limited

12 Jan, 2017
executive committee meeting of al-arafah islami bank ltd. held

10 Jan, 2017
al-arafah islami bank ltd. barisal branch initiates blanket distribution program for the poor

05 Jan, 2017
board meeting of al-arafah islami bank ltd. held

03 Jan, 2017
al-arafah islami bank limited initiates blanket distribution program for the poor

29 Dec, 2016
board meeting of aibl capital management ltd. held

28 Dec, 2016
board meeting of al-arafah islami bank ltd. held

27 Dec, 2016
al-arafah islami bank limited opens 140th branch at azampur, dhaka

18 Dec, 2016
workshop on investment/credit rating held at al-arafah islami bank limited

11 Dec, 2016
millennium organizes global finance award celebration & client recognition ceremony

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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