The Financial Literacy is treated as a central initiative designed for enhancing the financial knowledge and consciousness of individuals across the country for effective decisions with all of their financial resources. It’s an integration of knowledge, skill, financial transparency, attitude, accountability, awareness and manners to create comprehensive financial decisions and ultimately achieve individual financial well-being.

Islami Bank Bangladesh PLC recognizes the prominence of financial literacy in promoting economic stability, adapting monetary & fiscal policy and empowering peoples to make conversant financial decisions. This program concentrates on various significant aspects of financial literacy, including elementary financial concepts, banking services, deposit utilization, savings, investment, and debt management.

Financial Literacy encompasses the knowledge about financial decisions about investment, budgeting, debt, investing, retirement and so on. whereas, financial inclusion is typically addressed by improving the financial infrastructure to ensure access to services like banking, financial amenities, investment, etc. Both financial literacy and financial inclusion are important gears for combining the satisfactory impact on improving the lives of individuals and families. By fostering financial literacy, Islami Bank aims to reduce financial vulnerabilities, promote savings, and encourage entrepreneurship, ultimately contributing to the country's economic growth and stability.

It is designed to reach extensive audience, from illiterate to literate, from unbanked to banking, from students to adults, and from city to countryside areas. Workshops, client get together public discussion, seminars, digital awareness content and educational materials are used to disseminate data and provide hands-on training to participants. Besides, partnerships with banks and financial institutions have been formed to enlarge the program's reach and provide access to financial products and services. Financial inclusiveness is not only a major goal of Sustainable Development Goals(SDGs) announced by the United Nations but also a fundamental objective of Bangladesh Vision 2041 and its’ Strategic plan for 2020-2024. Moreover, in the National Financial Inclusion Strategy of Bangladesh (NFIS-B), “Promoting Financial Literacy and consumer empowerment” is the vital focus area.

Grasping the implication of Financial Literacy as well as Financial Inclusion, Islami Bank has taken leading initiatives and organized several programs even before Bangladesh Bank issued the circular ‘Financial Literacy Guideline for Banks and Financial Institutions’. On 27 March 2022, Financial Inclusion Department, Bangladesh Bank issued Financial Literacy for Banks and Financial Organizations. The Financial Literacy Program of Islami Bank is a commendable effort to empower citizens with the knowledge and skills they need to navigate the complex world of finance. Through education and awareness, it plays a vital role in building a financially secure and prosperous future for Bangladesh's population. Islami Bank always tries to follow the directions of Bangladesh Bank as a result of which Islami Bank has taken multiple initiatives.

For more information, please visit  Bangladesh Bank Financial Literacy