The 2-day Half-Yearly Business Development Conference of Islami Bank Bangladesh
PLC for the Chattogram Region concluded on Saturday, July 18, 2026, at the
Chattogram Regional Office of the Islami Bank Training and Research Academy
(IBTRA). Md. Altaf Hossain, Managing Director (Acting) of the bank addressed as
the chief guest at the conference. Mohammed Jamal Uddin Mazumder, Additional
Managing Director and Md. Mahboob Alam, Deputy Managing Director addressed as
special guests. G.M Mohd. Gias Uddin Quader, Head of Chattogram Central Zone;
Md. Abdur Rob Mridha, Head of Chattogram South Zone; Muhammed Mohi Uddin,
Head of Chattogram North Zone; Mohammed Sanaullah, Head of Agrabad Corporate
Branch and Sana Ullah, Head of Khatunganj Corporate Branch also addressed at the
conference. The heads of branches, along with the heads of Investment and Foreign
Exchange under the Chattogram Region, participated in the conference.
A meeting of the board of directors of Islami Bank Bangladesh PLC was held
on July 15, 2026 Wednesday at Islami Bank Tower. Mohammad Zahir
Hussain, sole representative of the board, presided over the meeting. Md. Altaf
Hossain, Managing Director (Acting) and Md. Habibur Rahman, Company
Secretary of the bank, attended the meeting.
Islami Bank Bangladesh PLC organized a Clients’ Get-together at its New Market branch on July 9,
2026. Mohammad Zahir Hussain, sole representative of the board of directors of Islami Bank was present in the program as chief guest. Md. Mahboob Alam, Deputy Managing Director attended as special guest. Md. Mahbub-A-Alam, Senior Executive Vice President & head of Dhaka Central Zone presided over the program while Shah Mohammad Waliullah, a member of the Shari'ah Advisory Board of Bangladesh Bank, was the chief discussant. Md. Mahabubus Sajjad, Head of New Market Branch delivered the welcome speech. Professor Md. Aminul Islam of Bangladesh University of Engineering and Technology (BUET), Professor Md. Belal Hossain of Dhaka University, Professor Parveen Sultana Haidar, former Vice Principal of Dhaka College, Professor Raihana Taslima of the Directorate of Secondary and Higher Education (DSHE), and businesspersons Md. Hossain and Najma Sultana addressed on behalf of the customers. Md. Habibur Rahman, Company Secretary along with the Bank's executives, officials, local businesspersons and well-wishers were present on the occasion.
A meeting of the board of directors of Islami Bank Bangladesh PLC was held on July 6, 2026 Monday at Islami Bank Tower. Mohammad Zahir Hussain, sole representative of the board presided over the meeting. Md. Altaf Hossain, Managing Director (acting) and Md. Habibur Rahman, Company Secretary of the bank, attended the meeting.
The closing ceremony, certificate distribution and investment disbursement under the Entrepreneurship Development Program for promising SME entrepreneurs, jointly organized by Bangladesh Bank and Islami Bank Bangladesh PLC, was held on Sunday, 5 July 2026, at the Bank's Noakhali Zonal Office. The month-long training program was conducted under the supervision of the SME & Special Program Department (SME&SPD) of Bangladesh Bank as part of the Skills for Industry Competitiveness and Innovation Program (SICIP) of the Finance Division, Ministry of Finance, funded by the Asian Development Bank (ADB).
The program was chaired by Md. Anwar Hossain, Executive Vice President and Head of Noakhali Zone of Islami Bank Bangladesh PLC. Md. Masum Billah, Additional Director of Bangladesh Bank attended the program as the Chief Guest while Mohammad Wasim, Joint Director of Bangladesh Bank, was present as the Special Guest. Mohammad Mohiuddin Mahmud, head of Maijdee Court Branch and Md. Harunur Rashid, head of Chowmuhani Branch also attended the program. Certificates were awarded to the participating entrepreneurs during the ceremony. Islami Bank Merchant QR services were also provided to the participants, and on-the-spot investment was disbursed to three entrepreneurs. It may be mentioned that 25 selected entrepreneurs from the districts of Noakhali, Feni, and Lakshmipur participated in the month-long training program.
A corporate agreement regarding customer service has been signed between Islami Bank
Bangladesh PLC and the Bangladesh Power Development Board (BPDB) on Thursday, July 2,
2026, at Bidyut Bhaban (BPDB) in the capital. Under this agreement, all prepaid meter recharge
services of the Bangladesh Power Development Board can gradually be completed through all
branches, sub-branches, agent outlets, CellFin, iSmart, and mCash apps of Islami Bank.
Mohammad Nurul Abser, General Manager (Commercial Operation) of the Bangladesh Power
Development Board, was present as the chief guest at the ceremony. Dr. M. Kamal Uddin Jasim,
Additional Managing Director of Islami Bank Bangladesh PLC, and Md. Ziaur Rahman,
Director of the Prepaid Metering System Directorate of the Bangladesh Power Development
Board, signed the agreement on behalf of respective organizations.
A meeting of the board of directors of Islami Bank Bangladesh PLC was held on June 24, 2026 Wednesday at Islami Bank Tower. Mohammad Zahir Hussain, Executive Director of Bangladesh Bank and the sole representative of the Board of Directors of Islami Bank presided over the meeting. Md. Altaf Hossain, Acting Managing Director and Md. Habibur Rahman, Company Secretary of the bank, attended the meeting.
Mohammad Zahir Hussain, Executive Director of Bangladesh Bank and
authorized representative for the board affairs of Islami Bank Bangladesh PLC
exchanged views with the officials and employees of the Bank. Senior
executives from the head office joined in person, while officials and employees
from across the country were connected through virtual platform in the meeting
held on Wednesday, June 17, 2026 at Islami Bank Tower. Md. Altaf Hossain,
Acting Managing Director of the Bank presided over the program. Engr.
Mohammad Jamal Uddin Mazumder and Dr. M Kamal Uddin Jasim, Additional
Managing Directors also addressed on the occasion.
In his speech as the chief guest, Mohammad Zahir Hussain said, "Islami Bank is
a systematically important bank in Bangladesh's financial system. This
institution is closely inter-related with the country's imports and exports,
remittance, foreign trade, the businesses of millions of entrepreneurs, and the
financial activities of crores of people. Therefore, the stability of Islami Bank is
not just a matter for our institution; it is also a crucial element of national
economic stability.
He said, Islami Bank became an exemplary institution, not only in Bangladesh
but also in the international arena due to the honesty, efficiency,
professionalism, and relentless hard work of the officers and employees of this
bank. Over the past few years, this bank has faced various adverse situations.
He added, The real strength of an institution is never lost; that strength can be
revived through proper leadership, correct guidance, and collective efforts."
He further said, Bangladesh Bank has taken some important and timely
decisions for the interest of the recent situation and the overall financial stability
of the country. Under the overall guidance and cooperation of Bangladesh
Bank, the bank's activities will be conducted entirely on the basis of
professionalism, transparency, and accountability. In due time, according to the
decision of the regulatory body, the process of forming a strong, efficient, and
acceptable Board of Directors will also be completed." He called upon all
officers and employees of the bank to perform their duties with honesty,
efficiency, and the highest level of professionalism.
The newly appointed representative in Islami Bank Bangladesh PLC has started working with renewed vigor to re-establish the bank as a symbol of public trust and confidence. "Our primary goal is to reinstate this bank to its glorious past position by protecting depositors' interests, improving service quality, and boosting regular operations." Mohammad Zahir Hossain, the newly appointed sole representative of the bank's Board of Directors said this in a press conference on June 15, 2026.
He added, "According to the Companies Act, depositors are the most critical stakeholders of the bank alongside shareholders. The bank’s operations run on their deposited money. Therefore, our primary responsibility is to safeguard depositors' interests, maintain their trust, and ensure top-quality banking services.”
He stated, "A new journey begins for Islami Bank today. We are determined to restore the bank's reputation, transparency, and professionalism. As a hub of trust and expectation for millions of people in the country, Islami Bank will continue to play a vital role in the future.”
He further noted that the Board of Directors will provide the necessary policy guidelines to keep the bank’s overall operations normal and stable. There will be no interference in the bank's daily operations, and transactions will continue as usual. Customers have no reason to be anxious. Seeking cooperation from all customers, depositors, shareholders, officials, employees, and the media, he concluded that through collective efforts, they will succeed in making Islami Bank one of the best and most trusted banks in the country once again.
A workshop on Policy Compliance was held at Islami Bank Tower on
Saturday, May 23, 2026, organized by the Islami Bank Training and Research
Academy (IBTRA). Md. Altaf Hossain, Managing Director (Current Charge) of
the bank attended the program as chief guest. Engr. Mohammad Jamal Uddin
Mazumder, Additional Managing Director presided over the program while Dr.
M Kamal Uddin Jasim, Additional Managing Director was present as special
guest. Md Rafiqul Islam & Muhammad Sayeed Ullah, Deputy Managing
Directors, Md. Farid Uddin & Mahmud Hossain Khan, Executive Vice
Presidents addressed in different sessions of the workshop. A.S.M. Rezaul
Karim, Director General of IBTRA delivered the welcome speech. Senior
executives and officials of the head office were present at the workshop.
In his speech as the chief guest, the Managing Director (Current Charge) of the
bank Md. Altaf Husain said, the main foundation of the Islamic banking system
is the proper maintenance of customers' deposits and trust. There is no scope for
compromise regarding policy compliance to keep the bank's financial strength
and to ensure the maximum security of customers deposits. Proper due
diligence must be ensured right from the beginning of granting loans or
investments. Emphasizing bringing down the rate of non-performing
investments to the lowest level, he further said, to ensure that no new
investment turns into default, effective risk assessment must be done at the very
beginning. And for the investments that have already defaulted, officials must
play a more active and strategic role in recovery.
| Currency | Rate (BDT per unit of Foreign Currency) |
|
|---|---|---|
| USD | 83.95 | |
| GBP | 115.1038 | |
| EUR | 98.4022 | |
| JPY | 0.7573 | |
| CHF | 90.8157 | |
| SGD | 61.5785 | |
| AED | 22.8212 | |
| SAR | 22.3563 | |
| CAD | 66.4056 | |
| Update on: 15 Jul, 2021 | ||
| Profit Payable (Per Month) | : 8,561 BDT |
| Total Profit Payable | : 2,729 BDT |
| Total Payment (Principal + Profit) | : 102,729 BDT |
| Deposit Payable (Per Month) | : 8,561 BDT |
| Total Deposit Payable | : 2,729 BDT |
| Total Payment (Principal + Profit) | : 102,729 BDT |
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