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MSME Banking
Al-Arafah UDDOG
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AIBL News

07 Jul, 2014
al-arafah islami bank ltd. signs agreement with dhaka wasa

03 Jul, 2014
al-arafah islami bank limited organized discussion meeting on “holy ramadan & al-quran”

28 Jun, 2014
al-arafah islami bank limited provides scholarship to the poor and meritorious students

27 Jun, 2014
‘school banking conference 2014’ held in al-arafah islami bank limited

22 Jun, 2014
al-arafah islami bank limited opens 114th branch at kadamtali, chittagong

08 Jun, 2014
training on “foundation course on banking” completed in al-arafah islami bank limited

03 Jun, 2014
al-arafah islami bank limited opens its 113th branch at shiber haat, sandwip

06 May, 2014
al-arafah islami bank limited opens its 112th branch at faridpur

30 Apr, 2014
al-arafah islami bank limited opens its 111th branch at gouripur, comilla

28 Apr, 2014
al-arafah islami bank limited received ‘icmab best corporate award 2013’

19 Apr, 2014
training course on “capacity development in banking operation” held in al-arafah islami bank limited

16 Apr, 2014
al-arafah islami bank limited donates to ahsania mission cancer & general hospital

07 Apr, 2014
alhajj abdus samad re-elected as chairman and alhajj abdul malek mollah re-elected as vice chairman of executive committee of al-arafah islami bank ltd.

07 Apr, 2014
alhajj abdus samad re-elected as chairman and alhajj abdul malek mollah re-elected as vice chairman of executive committee of al-arafah islami bank ltd.

03 Apr, 2014
mr. s m shameem iqbal re-elected as the vice chairman of al-arafah islami bank ltd.

30 Mar, 2014
al-arafah islami bank ltd. approved 13.5% bonus dividend

30 Mar, 2014
mr. badiur rahman will continue as the chairman of al-arafah islami bank ltd. for 7th time

04 Mar, 2014
al-arafah islami bank limited gives donation to the family of martyred army officer killed in bdr carnage at pilkhana

27 Feb, 2014
al-arafah islami bank ltd. recommended 13.5% stock dividend for 2013

06 Feb, 2014
al-arafah islami bank limited inaugurates ‘school banking campaign 2014’

08 Jan, 2014
al-arafah islami bank limited initiates blanket distribution program for the poor

08 Jan, 2014
al-arafah islami bank limited initiates blanket distribution program for the poor

04 Dec, 2013
condolence message

26 Nov, 2013
executive development program on “management principles & corporate governance” held in al-arafah islami bank limited

20 Nov, 2013
in-house magazine ‘probaho’ of al-arafah islami bank limited published

11 Nov, 2013
awareness of online trading/dealing advertisement

05 Nov, 2013
al-arafah islami bank limited, dilkusha branch inaugurates ‘special service month 2013’ program

24 Oct, 2013
al-arafah islami bank ltd. opens its 110th branch at tangail

06 Oct, 2013
aibl started zonal activities

02 Oct, 2013
al-arafah islami bank ltd. opens its 109th branch at bhagyakul, munshigonj

30 Sep, 2013
al-arafah islami bank ltd. opens its 108th branch at padua bazaar, chittagong

12 Sep, 2013
al-arafah islami bank ltd. opens its 107th branch at muradpur, chittagong

08 Sep, 2013
contribute desktop computer to bangladesh supreme court bar association

28 Aug, 2013
seminar on business development of al-arafah islami bank limited, corporate and dhaka zones held

26 Aug, 2013
board meeting of al-arafah islami bank ltd. held

24 Jul, 2013
al-arafah islami bank limited organized discussion meeting on “holy ramadan & al-quran”

22 Jul, 2013
discussion meeting on ‘mahe ramjaner shikkha o tatporjo’ (teachings & importance of holy ramadan) held at aibl vip road branch

22 Jul, 2013
workshop on ‘cib online operation’ held in al-arafah islami bank ltd.

21 Jul, 2013
discussion meeting on ‘saom, iftar & jakat’ held at aibl motijheel corporate branch

18 Jul, 2013
discussion meeting on ‘ramjan o noitikota’ (holy ramadan & ethics) held at aibl gulshan branch

13 Jul, 2013
workshop on ‘readymade garments (rmg) industries financing in aibl’ held in al-arafah islami bank ltd.

07 Jul, 2013
al-arafah islami bank ltd. opens its 105th branch at vandaria, pirojpur

05 Jul, 2013
managers’ conference of al-arafah islami bank ltd. held

03 Jul, 2013
board meeting of al-arafah islami bank ltd. held

01 Jul, 2013
md. habibur rahman new managing director of al-arafah islami bank ltd.

29 Jun, 2013
al-arafah islami bank limited provides scholarship to meritorious students

27 Jun, 2013
al-arafah islami bank ltd. opens its 104th branch at fulbaria, gazipur

27 Jun, 2013
condoleance

23 Jun, 2013
al-arafah islami bank ltd. opens its 103rd branch at rampura, dhaka

19 Jun, 2013
al-arafah islami bank ltd. mirpur branch shifted to new premises

11 Jun, 2013
ict tender

22 May, 2013
aibl capital management ltd. inaugurates merchant banking operation

20 May, 2013
al-arafah islami bank ltd. opens its 101st branch at bormi bazaar, gazipur

19 May, 2013
alhajj abdus samad re-elected as chairman and alhajj abdul malek mollah re-elected as vice chairman of executive committee of al-arafah islami bank ltd.

16 May, 2013
al-arafah islami bank ltd. gives tk. 2 crore to prime minister’s relif and welfare fund for the victims of savar building collapse

14 May, 2013
mr. badiur rahman will continue as the chairman of al-arafah islami bank ltd. for 6th time

14 May, 2013
al-arafah islami bank ltd. approved 17% bonus dividend

29 Apr, 2013
al-arafah islami bank ltd. will donate tk.25,000 and a day’s salary of the employees to each of deceased families in savar tragedy

23 Apr, 2013
al-arafah islami bank ltd. donated tk. 3.0 million to bangladesh olympic association for organizing 8th bangladesh game-2013

13 Apr, 2013
al-arafah islami bank ltd. donates ‘ambulance’ to chittagong university medical center

04 Apr, 2013
al-arafah islami bank ltd. recommended 17% stock dividend for 2012

04 Apr, 2013
price sensitive information

10 Mar, 2013
al-arafah islami bank limited provides scholarship to the poor and meritorious students

09 Mar, 2013
2013_03_09 - training 056

07 Mar, 2013
al-arafah islami bank limited gives donation to the family of martyred army officer killed in bdr carnage at pilkhana

02 Jan, 2013
hrd circular

02 Jan, 2013
hrd circular

Micro, Small & Medium Enterprises (MSME) Banking
Introduction
Micro Small & Medium Enterprise (MSME) plays an important role in the economic growth and development of a country. MSME works as the platform for job creation, income generation, and development of forward and backward industrial linkages. MSMEs occupied a unique position in the economy of Bangladesh.
Micro, Small and Medium Enterprises (MSMEs) make up the largest portion of the employment base in many developing countries and, indeed, are often the foundation of the local private sector. Micro Enterprise sometimes directly comes from cottage industry. So we consider cottage industries when considering micro enterprises. Now the MSMEs are not only concentrated to traditional and agro-based economic activities; these are spread over other non-traditional manufacturing and service sector as well. To achieve high and sustained economic growth, a triggering force is mandatory to exit from poverty and socio-economic deprivation.
MSMEs constitute the dominant source of industrial employment in Bangladesh (about 80%), and about 90% of the industrial units fall into this category. The actual performance of MSMEs, however, varies depending on the relative economic efficiency, the economic policy environment and the specific promotion policies.
Definition of MSME Enterprise
As per Bangladesh Bank SMESPD Instruction Circular No. 1, Dated: 19 June, 2011, MSME is being defined as follows:

Cottage Industry/ Enterprise

Attributes under the categories

Fixed Assets Value in Taka Excluding Land & Building (Including Replacement Cost)

And/or Total Number of employees

Manufacturing

Less Than 5 Lac

Less Than 10

Service

Less Than 5 Lac

Less Than 10

Trade

Less Than 5 Lac

Less Than 10

Micro Industry/ Enterprise

Attributes under the categories

Fixed Assets Value in Taka Excluding Land & Building (Including Replacement Cost)

And/or Total Number of employees

Manufacturing

5 Lac - 50 Lac

10-24

Service

Less Than 5 Lac

Less Than 10

Trade

Less Than 5 Lac

Less Than 10

Small Industry/ Enterprise

Attributes under the categories

Fixed Assets Value in Taka Excluding Land & Building (Including Replacement Cost)

And/or Total Number of employees

Manufacturing

50 Lac - 10 Crore

25-99

Service

5 Lac - 1 Crore

10-25

Trade

5 Lac - 1 Crore

10-25

Medium Industry/ Enterprise

Attributes under the categories

Fixed Assets Value in Taka Excluding Land & Building (Including Replacement Cost)

And/or Total Number of employees

Manufacturing

10 Crore - 30 Crore

100-250

Service

1 Crore - 15 Crore

50-100

Trade

1 Crore - 15 Crore

50-100

To ensure rapid advancement of Micro, Small & Medium Enterprises, a number of schemes are running in Al-Arafah Islami Bank Ltd. In the light of the definition of Bangladesh Bank, we are giving a priority over financing to three categories of enterprises viz. Industry, Trade & Services. We prior to Area Approach Method when MSME financing.
Purpose of MSME
To facilitate small and medium level entrepreneurs
To boost up the small business in the country
To facilitate the growth of agro-industries
To create employment
To broaden the base of Islamic Banking in the society
To encourage women entrepreneurs
Modes of Investment
Working Capital Investment
Bai-Muajjal
Murabaha / Murabaha TR
MPI / MPI- TR
Fixed Capital Investment
HPSM (Equity required)
Mudaraba
Musharaka
Rate of Profit/ Rent
Working Capital Investment :
As stipulated time to time by the Bank
Fixed Capital Investment :
As stipulated time to time by the Bank
Eligibility
Permanent resident of Bangladesh
The age must range between 25 years to 60 years
Physically fit and capable of working hard
Capable of reading & writing
Capable of managing his / her business successfully
Sufficient Infra-structure and skilled personnel
At least 02 (two) years experience in the applied business
Having Transparent CIB Report
Valid Licenses, such as- Trade License, VAT registration, TIN, NOC from Environment Department (where applicable)
Other terms and conditions stipulated by the bank
Securities Against Investment
Personal guarantee of spouse/parents/other family members.
In case of limited companies, guarantees of all directors other than nominated directors shall be obtained.
Registered mortgage of immovable properties with registered Power of Attorney (for 2 lac and above).
Third party personal guarantee (at least one).
Post dated cheques for each installment and one undated cheque for full investment value including full mark-up profit.
Hypothecation on the inventory, receivables, advance payments, plant and machinery.
Bank may relax the security for investment amount up to 2 lac for the growth of SME investment.
Other securities specified by the Bank depending on the types of the investment.
MSME Investment on Women Entrepreneurs
About 50% of the populations of Bangladesh are women. Women participation in the mainstream of economic activities especially in the productive sectors is crucial for attaining sustainable economic growth, poverty reduction and women’s empowerment. But women participation in economic sector is inadequate and the number of women entrepreneurs is very low compared to that of their male counterparts. There exist many obstacles in women participation in the mainstream of economic activity although the degree of integrity, devotion, creativity and expertise of women make us surprised. Participation of women entrepreneurs in MSME sector is vital for the flourishing of Bangladesh economy and enhancing women empowerment.
Al-Arafah Islami Bank Ltd. is working with women entrepreneurs to make them capable of earning by connecting with country’s economic activities. We give priority to women entrepreneurs to invest on various productive sectors. By the side of collateral secured investment, collateral security free investment is also considered in the question of women development.
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