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AIBL News

28 Apr, 2016
alhajj mohammed abdus salam elected as vice-chairman of al-arafah islami bank ltd.

27 Apr, 2016
alhajj abdus samad elected as the chairman of al-arafah islami bank limited

27 Apr, 2016
al-arafah islami bank ltd. approves 15% dividend for 2015

26 Apr, 2016
notice of the 18th extra ordinary general meeting (egm)

21 Apr, 2016
hafez alhajj md. enayet ullah elected as president of moulovi bazar merchant association

19 Apr, 2016
career opportunity

07 Apr, 2016
business development conference of al-arafah islami bank limited held

06 Apr, 2016
al-arafah islami bank limited motijheel branch arranged ‘meet the clients’ program

04 Apr, 2016
al-arafah islami bank ltd inaugurates agent outlet at manikdi bazaar, dhaka

03 Apr, 2016
‘foundation course on banking’ for newly recruited officers started at al-arafah islami bank limited

31 Mar, 2016
al-arafah islami bank ltd signs ‘corporate investment agreement’ with chittagong university

30 Mar, 2016
islamic corporation for the development of the private sector (icd) goes into strategic alliance with al-arafah islami bank limited (aibl), bangladesh*

24 Mar, 2016
al-arafah islami bank arranges introduction program for school banking services

22 Mar, 2016
notice of the 21st annual general meeting (agm)

22 Mar, 2016
price sensitive information

16 Mar, 2016
al-arafah islami bank ltd. opens atm booth at pagla, narayangonj

15 Mar, 2016
workshop on ‘prevention of money laundering and combating financing of terrorism’ held at al-arafah islami bank limited

10 Mar, 2016
executive committee meeting of al-arafah islami bank ltd. held

09 Mar, 2016
business development conference of al-arafah islami bank limited held

07 Mar, 2016
al-arafah islami bank ltd inaugurates agent outlets at volain bazaar and zodda bazaar, comilla

05 Mar, 2016
executive committee meeting of al-arafah islami bank ltd. held

01 Mar, 2016
al-arafah islami bank ltd inaugurates agent outlets at faridgonj madhya bazaar and goalbhaor bazaar, chandpur

28 Feb, 2016
audit committee meeting of al-arafah islami bank ltd. held

10 Dec, 2015
al-arafah islami bank limited donates blankets to prime minister’s relief fund

AIBL Newsroom
Date: 28 Apr, 2016
Alhajj Mohammed Abdus Salam elected as Vice-Chairman of Al-Arafah Islami Bank Ltd.
Alhajj Mohammed Abdus Salam has been elected as Vice Chairman of the Board of Al-Arafah Islami Bank Ltd. He was elected unanimously in the 291st meeting of the Board of Directors held on 27 April 2016. Alhajj Mohammed Abdus Salam is a prominent businessman from Chittagong. He is the son of renowned businessman of Chittagong Alhajj Mir Ahmed Sawdagar, one of the Sponsor Shareholders and ex-Chairman of Al-Arafah Islami Bank Ltd. Mohammed Abdus Salam is the Managing Director of Mir Group, one of the largest industrial groups of Khatungunj, Chittagong. He is the Founder Director of Chittagong Metropolitan Chamber of Commerce & Industries and Founder of Southern University. Mohammed Abdus Salam is involved in various social welfare activities.
Date: 27 Apr, 2016
Alhajj Abdus Samad elected as the Chairman of Al-Arafah Islami Bank Limited
Alhajj Abdus Samad (Labu) has been elected as the Chairman of Al-Arafah Islami Bank Limited. The 291st meeting of the Board of Directors assigned him as the Chairman unanimously on April 27, 2016. According to the decision of the meeting Chairman Abdus Samad will continue his responsibilities for the period until the next Annual General Meeting (AGM) of the Bank is held. Alhajj Abdus Samad Labu is one of the founder directors of Al-Arafah Islami Bank Ltd. He is the Vice Chairman of S. Alam Group, one of the largest industrial groups of the country. He is the chairman of S. Alam Cold Rolld Steels Ltd. Mr. Samad is also the founder director of Northern General Insurance Ltd. and Reliance Finance Investments Ltd. He also is the Vice Chairman of Ekushey Television (ETV), a leading satellite TV channel of the country. Mr. Abdus Samad is a great humaniterian who is involved in many social welfare and philanthrophic activities. He is an executive member of Baitus Saraf Foundation and Chittagong Samity Dhaka.
Date: 27 Apr, 2016
Al-Arafah Islami Bank Ltd. approves 15% Dividend for 2015
Al-Arafah Islami Bank Ltd. has approved 10% Cash Dividend & 5% Stock Dividend for the year ended on 31st December 2015 in its 21st Annual General Meeting (AGM) held on 27 April, 2016 at Al-Arafah Islami Bank Bhaban, Head Office (Proposed), 63, Purana Paltan, Dhaka. The meeting was presided over by Badiur Rahman, Chairman, Board of Directors of the Bank. Directors Alhajj Abdul Malek Mollah, Alhajj Hafej Md. Enayetullah, Alhajj Ahamedul Haque, Alhajj Abdus Samad, Alhajj Engr. Kh. Mesbah Uddin Ahmed, Alhajj Abdus Salam, Alhajj Niaz Ahmed, Mohammed Emadur Rahman, Anwar Hossain, Md. Liakat Ali Chowdhury, Salim Rahman, Founder Chairman Alhajj A.Z.M. Shamsul Alam, Managing Director Md. Habibur Rahman, Company Secretary, Deputy Managing Directors, Executive Vice Presidents, Executives, Officers and large number of Shareholders were present on the occasion. The Bank achieved growth of 1.82% in Deposit and 10.74% in Investment during the year 2015 compared to 2014. The house considered and adopted the Directors Report, Statement of Accounts for the year 2015 along with Auditors Report and also appointed the Auditors of the Company for the term until the next Annual General Meeting. The Shareholders participated in the review of the overall performance of the Bank and expressed their satisfaction. They made some valuable suggestions for improvement of performence and image of the Bank. The Chairman of the Bank Badiur Rahman thanked the Shareholders for the confidence entrusted on the Board of Directors.
Date: 26 Apr, 2016
NOTICE OF THE 18th EXTRA ORDINARY GENERAL MEETING (EGM)
Date: 21 Apr, 2016
Hafez Alhajj Md. Enayet Ullah Elected as President of Moulovi Bazar Merchant Association
Sponsor Director of Al-Arafah Islami Bank Limited and Chairman of AIBL Foundation Hafez Alhajj Md. Enayet Ullah has elected as President of Moulovi Bazar Merchant Association. In his new achievement the Chairmanj of the Bank Badiur Rahman congratulated him and presented a floral buquet on behalf of the Bank and the Foundation on 21 April 2016. In the ceremony also was present Directors of the Bank Alhajj Abdul Malek Mollah, Alhajj Nazmul Ahsan Khaled, Alhajj A N M Yeahea, Alhajj Engr. Kh. Mesbah Uddin Ahmed, Managing Director Md. Habibur Rahman, Company Secretary, Deputy Managing Directors and other senior officials of the Bank.
Date: 19 Apr, 2016
Career Opportunity
Date: 07 Apr, 2016
Business Development Conference of Al-Arafah Islami Bank Limited held
The Business Development Conference of Al-Arafah Islami Bank Ltd. held on April 6, 2016 at the Head Office of the Bank. Managing Director Md. Habibur Rahman inaugurated the conference as the Chief Guest. Company Secretary Md. Mofazzal Hossain, Deputy Managing Directors Kazi Towhidul Alam, Md. Abdul Jalil, Md. Fazlul Karim, Muhammad Mahmoodul Haque and S. M. Jaffar were present as special guests. Head Office Executives, Zonal Heads and Managers form selected branches participated in the conference.
Date: 06 Apr, 2016
Al-Arafah Islami Bank Limited Motijheel Branch arranged ‘Meet the Clients’ program
A ‘Meet the Clients’ program was held recently at Al-Arafah Islami Bank Limited Motijheel Branch. Managing Director of the Bank Md. Habibur Rahman inaugurated programm as Chief Guest. Executive Vice President Md. Abdullah Al-Mamun presided over the function where Company Secretary Md. Mofazzal Hossain, Deputy Managing Directors Md. Rezaur Rahman, Kazi Towhidul Alam, Md. Fazlul Karim, S. M. Jaffar and Vice President Jalal Ahmed were present among the other dignified guests.
Date: 04 Apr, 2016
Al-Arafah Islami Bank Ltd inaugurates Agent Outlet at Manikdi Bazaar, Dhaka
Al-Arafah Islami Bank Limited is operating Agent Banking Service for its clients. In this connection, an Agent Banking Outlet was inaugurated on 31 March, 2016 at Manikdi Bazaar, Dhaka. Deputy Managing Director of the Bank Md. Rezaur Rahman inaugurated the Outlet as Chief Guest. Executive Vice President & Head of Agent Banking Division Abed Ahmed Khan was present as Special Guest. Among others, Manager and Vice President Habibullah Bahar was present in the occasion. Agent of the outlet Md. Anowar Hossain thanked the audience. The event saw the introduction of new Agent Banking Outlets of the Bank from where customers can open accounts, deposit and withdraw money, collect remittance, check account balance, transfer funds, apply for investment, collect sanctions, pay utility bills, pay installments and can do all other banking activities more easily.
Date: 03 Apr, 2016
‘Foundation Course on Banking’ for Newly Recruited Officers started at Al-Arafah Islami Bank Limited
A three-month long Foundation Course on Banking for the newly recruited officers was started at Al-Arafah Islami Bank Limited on 3 April, 2016. Chairman of the Bank Badiur Rahman inaugurated the course as Chief Guest. Director Alhajj Abdul Malek Mollah was present as Special Guest while Managing Director of the Bank Md. Habibur Rahman presided over the inauguration ceremony. Principal of the Institute Nurul Islam Khalifa delivered the welcome speech. Among others, Vice President & Head of Human Resources Division Md. Mazharul Islam, Vice President Jalal Ahmed and Faculty of the Institute Towhid Siddique were also present in the occasion. Newly recruited Officers of the Bank participated in the course. Chairman Badiur Rahman, in his inaugural speech, said banking in Islamic Shariah is a blessing for our life. He instructed all the newly recruited Officers to know the rules of Banking as well as Shariah to build a successful career. Managing Director Md. Habibur Rahman advised all the participants to implement the knowledge acquired from the course in their respective practical work field.
Date: 31 Mar, 2016
Al-Arafah Islami Bank Ltd signs ‘Corporate Investment Agreement’ with Chittagong University
Al-Arafah Islami Bank Limited (AIBL) Hathazari Branch will provide investment facilities in various schemes to the teachers and employees of Chittagong University (CU). In this regard, a ‘Corporate Investment Agreement’ was signed between the Bank and the University on 28 March, 2016 at the University Fine Arts Auditorium. Vice Chancellor of CU Prof. Dr. Iftekhar Uddin Chowdhury presided over the signing ceremony while Managing Director of the Bank Md. Habibur Rahman was present as Chief Guest. Manager of AIBL Hathazari Branch Mohammed Ihsak organized the function where Deputy Managing Directors of the Bank Kazi Towhidul Alam and S. M. Jaffar were present as Special Guests. Among others, Head of AIBL Chittagong Zone and Executive Vice President Md. Mujibul Kader, Senior Vice President Md. Asaduzzaman Bhuiyan, Registrar of CU Prof. Dr. Mohammed Kamrul Huda, Prof. Dr. Sultan Ahmed, Md. Faridul Alam Chowdhury, Manager of AIBL Agrabad Branch Md. Akhtar Kamal, Manager of Station Road Branch Md. Showkatul Alam, Manager of Khatungonj Branch Md. Sajjad Hossain, Manager of Jubilee Road Branch Md. Samshul Huda Babar, Manager of Muradpur Branch Alhajj Salamat Ullah Chowdhury, Manager of Halishahar Branch Momtajul Haque, Manager of O R Nizam Road Branch Towhidul Alam, Manager of Kadamtali Branch Md. Ismail and Manager of Potherhat Branch Md. Jalal Uddin were also present in the occasion.
Date: 30 Mar, 2016
Islamic Corporation for the Development of the Private Sector (ICD) goes into strategic alliance with Al-Arafah Islami Bank Limited (AIBL), Bangladesh*
Al-Arafah Islami Bank Limited, the leading Islamic bank in the country, announced on 29 March 2016 its strategic partnership with Islamic Corporation for the Development of the Private Sector (ICD), the private sector arm of the Islamic Development Bank Group. With this international footstep, AIBL is expected to attract growth capital of around USD 20 million from ICD through 10% equity subscription in the capital of AIBL. Mr. Khaled Al Aboodi, the CEO of ICD stated that this strategic initiative reflects ICD’s continuous effort to play a catalyst role in the promotion of Islamic finance and private sector development in Bangladesh. Earlier, ICD committed USD 110 million for the manufacturing, textiles & apparels, construction, power sector along with USD 70 million lines of financing for the SME sector in Bangladesh. Proposed collaboration with AIBL exhibits ICD’s long-term vision to bring not only good corporate governance, international best management practice, innovative Islamic products but also to bring stability and confidence in the financial sector in Bangladesh. Mr. Badiur Rahman, the Chairman of AIBL highlighted with ICD as Islamic multilateral institution, AIBL would materialize its vision having the finest Islamic infrastructure by bringing financial solutions in the liquidity management, capital market products (sukuk), infrastructure, real estate, retail and SME sectors with best risk management framework. Mr. Badiur Rahman further stressed that having ICD as strategic shareholder is the result of the confidence and trust kept on the management and the Board by all the stakeholders over the last 20 years and this new avenue would strengthen rating of the bank and pave the way for extending network with other international Islamic players in the world. Najmul Hassan, Director of ICD and Khalid Rahim, Director of Al Arafah Islami Bank Limited also spoke on the occasion. As per term sheet, ICD will invest in the AIBL’s Equity Shares to hold 10% of outstanding no. of Bank’s common equity (after disbursement of Bonus Share for the year 2015 and new issue of share in favor of ICD) through issuance of fresh equity with 110,478,492 shares with an issue price of Tk. 14.00/- valued Tk. 1,546,698,888.00 (Tk. 4/- premium with a face value of Tk. 10/- each) subject to obtaining approval of Regulators and the Shareholders of the Company at the General Meeting, any other Meeting of the Shareholders of the Company or otherwise as permitted under law. During the ceremony, founder Chairman of the Bank Alhajj A Z M Shamsul Alam, Directors Alhajj Md. Harun-Ar-Rashid Khan, Alhajj Abdul Malek Mollah, Alhajj Hafez Md. Enayet Ullah, Alhajj Abdus Samad, Alhajj A N M Yeahea, Alhajj Engr Kh. Mesbah Uddin Ahmed, Alhajj Niaz Ahmed, Md. Anowar Hossain, Alhajj Md. Liakat Ali Chowdhury, Managing Director Md. Habibur Rahman, Company Secretary, Deputy Managing Directors and other high-officials from both organizations were present. * Subject to approval of Bangladesh Bank, Bangladesh Securities and Exchange Commission, and other relevant regulatory authorities.
Date: 24 Mar, 2016
Al-Arafah Islami Bank arranges introduction program for School Banking Services
‘Tomar haatei tomar vobisshot’ (Your future is in your hand) - with this slogan, Al-Arafah Islami Bank Limited arranged an introductory program on School Banking Services at Maniknagar Ideal School & BM College, Dhaka on March 24, 2016. Md. Fazlul Karim, Deputy Managing director of the Bank was present as Chief Guest while founder of the College Md. Mainuddin Bhuiyan and Manager of AIBL Motijheel Branch Md. Abdullah Al Mamun were present as special guests. Under School Banking Campaign, Al-Arafah Islami Bank is providing special banking services to school-going students from all of its 129 on-line branches all over the country.
Date: 22 Mar, 2016
Notice of The 21st Annual General Meeting (AGM)
Date: 22 Mar, 2016
Price Sensitive Information
Date: 16 Mar, 2016
Al-Arafah Islami Bank Ltd. opens ATM Booth at Pagla, Narayangonj
Al-Arafah Islami Bank Limited has opened an ATM booth at Pagla Bazaar, Narayangonj. Managing Director of the Bank Md. Habibur Rahman inaugurated the new booth as Chief Guest on 16 March, 2016. The event was attended by Additional Police Super of Narayangonj Md. Mohibul Islam Khan, Head of AIBL Dhaka Central Zone Manir Ahmad, Head of Public Relations Jalal Ahmed, prominent businessmen Md. Shahjahan, Alhajj Md. Shakhawat Hossain Liton and Md. Kamal Hossain. Manager and Vice President of AIBL Pagla Branch Mohammad Hossain thanked the audience.
Date: 15 Mar, 2016
Workshop on ‘Prevention of Money Laundering and Combating Financing of Terrorism’ held at Al-Arafah Islami Bank Limited
An workshop on ‘Prevention of Money Laundering and Combating Financing of Terrorism’ held at Al-Arafah Islami Bank Training & Research Institute (AIBTRI) on March 14, 2016. Managing Director of the Bank Md. Habibur Rahman inaugurated the course as Chief Guest. Principal of the Institute Nurul Islam Khalifa presided over the ceremony while Deputy Managing Director Md. Abdul Jalil and faculty of the institute Towhid Siddique were present in the occasion. Managing Director Md. Habibur Rahman, in his inaugural speech said, Al-Arafah Islami Bank always emphasize on client service along with all compliance of the rules and regulations. He advised all the participants to implements the knowledge acquired from the training in their respective practical work field.
Date: 10 Mar, 2016
Executive Committee Meeting of Al-Arafah Islami Bank Ltd. held
The 526th Executive Committee Meeting of the Board of Directors of Al-Arafah Islami Bank Limited was held at the Board Room of the Bank on 10 March, 2016. Alhajj Abdul Malek Mollah, Vice Chairman of the Committee presided over the meeting. The Meeting reviewed overall business performance of the Bank. Members of the Committee Alhajj Nazmul Ahsan Khaled, Alhajj Hafez Md. Enayet Ullah, Alhajj Engr. Kh. Mesbah Uddin Ahmed, Managing Director Md. Habibur Rahman, Company Secretary Md. Mofazzal Hossain, Deputy Managing Directors Kazi Towhidul Alam, Md. Abdul Jalil, Md. Fazlul Karim, Muhammad Mahmoodul Haque, S M Jaffar and other Executives were present in the meeting.
Date: 09 Mar, 2016
Business Development Conference of Al-Arafah Islami Bank Limited held
A Business Development Conference of Al-Arafah Islami Bank Ltd. was held on March 07, 2016 at Head Office of the Bank. Managing Director Md. Habibur Rahman inaugurated the conference as the Chief Guest. Among others Company Secretary Md. Mofazzal Hossain, Deputy Managing Directors Kazi Towhidul Alam, Md. Abdul Jalil, Md. Fazlul Karim, Muhammad Mahmoodul Haque, S M Jaffar and other senior executives of Head Office were also present in the occasion. Managers form branched of Dhaka North zone participated on the conference.
Date: 07 Mar, 2016
Al-Arafah Islami Bank Ltd inaugurates Agent Outlets at Volain Bazaar and Zodda Bazaar, Comilla
Al-Arafah Islami Bank Limited is operating Agent Banking Service for its clients. In this connection, two Agent Banking Outlets were inaugurated on 6 March, 2016 at Volain Bazaar and Zodda Bazaar, Comilla. Executive Vice President & Head of Agent Banking Division Abed Ahmed Khan inaugurated Outlets as Chief Guest. Among others Prominent Businessman Md. Azizul Hoque Majumder, Head of AIBL Comilla Zone Md. Fazlul Rahman, Vice President Jalal Ahmed, Assistant Vice President Md. Moynal Hossain, Manager of AIBL Comilla Branch H M Zakir Khan and Manager of AIBL Nagolkot Branch Md. Mohiuddin Khan were present in the occasion. Agent of the outlets Md. Ashiqur Rahman thanked the audience. The event saw the introduction of new Agent Banking Outlets of the Bank from where customers can open accounts, deposit and withdraw money, collect remittance, check account balance, transfer funds, apply for investment, collect sanctions, pay utility bills, pay installments and can do all other banking activities more easily.
Date: 05 Mar, 2016
Executive Committee Meeting of Al-Arafah Islami Bank Ltd. held
The 525th Executive Committee Meeting of the Board of Directors of Al-Arafah Islami Bank Limited was held at the Board Room of the Bank on 5 March, 2016. Alhajj Abdus Samad, Chairman of the Committee presided over the meeting. The Meeting reviewed overall business performance of the Bank. Vice Chairman of the Committee Alhajj Abdul Malek Mollah, Members Alhajj Nazmul Ahsan Khaled, Alhajj Hafez Md. Enayet Ullah, Alhajj Ahamedul Haque, Alhajj Engr. Kh. Mesbah Uddin Ahmed, Managing Director Md. Habibur Rahman, Company Secretary Md. Mofazzal Hossain, Deputy Managing Directors Kazi Towhidul Alam, Md. Fazlul Karim, S M Jaffar and other Executives were present in the meeting.
Date: 01 Mar, 2016
Al-Arafah Islami Bank Ltd inaugurates Agent Outlets at Faridgonj Madhya Bazaar and Goalbhaor Bazaar, Chandpur
Al-Arafah Islami Bank Limited is operating Agent Banking Service for its clients. In this connection, two Agent Banking Outlets were inaugurated on 29 February, 2016 at Faridgonj Madhya Bazaar and Goalbhaor Bazaar, Chandpur. Executive Vice President & Head of Agent Banking Division Abed Ahmed Khan inaugurated Outlets as Chief Guest. Among others Assistant Vice President Md. Moynal Hossain, Manager of AIBL Hajigonj Branch Md. Abdul Matin Patowary were present in the occasion. Agent of the outlets Md. Rasul Amin Arif thanked the audience. The event saw the introduction of new Agent Banking Outlets of the Bank from where customers can open accounts, deposit and withdraw money, collect remittance, check account balance, transfer funds, apply for investment, collect sanctions, pay utility bills, pay installments and can do all other banking activities more easily.
Date: 28 Feb, 2016
Audit Committee Meeting of Al-Arafah Islami Bank Ltd. held
The 156th meeting of Audit Committee of the Board of Directors of Al-Arafah Islami Bank Limited was held at the Board Room of the Bank on February 24, 2016. Alhajj Abdus Salam, Chairman of the Committee presided over the meeting. The meeting reviewed overall business performance of the Bank. Members of the Committee Alhajj Harun-Ar-Rashid Khan, Alhajj Niaz Ahmed, Managing Director Md. Habibur Rahman, Company Secretary Md. Mofazzal Hossain, Deputy Managing Director Muhammad Mahmoodul Haque, Executive Vice President & CFO Muhammad Nadim along with other top executives were present in the meeting.
Date: 10 Dec, 2015
Al-Arafah Islami Bank Limited donates Blankets to Prime Minister’s Relief Fund
Al-Arafah Islami Bank Ltd. has donated 20 tousand blankets to support the cold-hit people of the country due to its Corporate Social Responsibility (CSR). The blankets were handed over to Sheikh Hasina, honorable Prime Minister of the Peoples’ Republic of Bangladesh by Alhajj Abdus Samad, Chairman of Executive Committee and Alhajj Engr. Kh. Mesbah Uddin Ahmed, Director of the Bank on 9 December, 2015 at Gonobhaban. Among others, President of Bangladesh Association of Banks Md. Nazrul Islam Mazumder was also present in the occasion.
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