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AIBL News

19 Apr, 2018
annual general meeting (agm) of aibl capital market services limited held

18 Apr, 2018
annual general meeting (agm) of aibl capital management limited held

17 Apr, 2018
al-arafah islami bank donates tk 10 lac to general and cancer hospital research foundation & diabetes centre

15 Apr, 2018
al-arafah islami bank limited donates tk 5 crore to prime minister’s relief fund

12 Apr, 2018
al-arafah islami bank limited signs digital islamic wallet mou with dmoney bangladesh limited

11 Apr, 2018
al-arafah islami bank limited inaugurates swift sanctions screening solution

10 Apr, 2018
tender notice

09 Apr, 2018
al-arafah islami bank ltd. recommended 15% cash and 5% stock dividend for 2017

08 Apr, 2018
audit committee meeting of al-arafah islami bank ltd. held

05 Apr, 2018
monthly business review meeting of al-arafah islami bank limited held

AIBL Newsroom
Date: 01 Jan, 2018
Al-Arafah Islami Bank implements Risk-Based Internal Auditing System

Al-Arafah Islami Bank Ltd., one of the leading Islamic banks in Bangladesh has successfully implemented ‘Ababil RBIAS: Risk-Based Internal Auditing System’. Managing Director of the Bank Md. Habibur Rahman inaugurated the new launching ceremony as Chief Guest. Director Alhajj Abdul Malek Molla was present as special guest. Among others, Deputy Managing Directors of the Bank Kazi Towhidul Alam, Md. Fazlul Karim, Muhammad Mahmoodul Haque, S. M. Jaffar, Zubair Wafa, Principal of AIB Training and Reaserch Institute Md. Nurul Islam Khalifa, Managing Director and CEO of Millenium Information Solution Ltd. Mahmud Hossain, Director Fokhruz Zaman and Executive Director AKM Nazmuzzaman were also present in the occasion.

The new Ababil RBIAS is a pioneering software solution for Financial Institutions which was designed and developed by Millennium Information Solution Ltd. Ababil RBIAS works as a tool to help the banks evaluate branch and banks’ position through Risk Grading by collecting and processing business risk data from CBS, Control Risk data based on audit observation and Core Risk element data defined by Central Bank. It also assists auditors in scheduling, planning, executing, reviewing and reporting in a paperless manner. With the help of RBIAS, audit departments of all sizes will now be able to spend more time providing value-added services and less time in documenting and reviewing.

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