Ahlan Islamic Banking

Islami Banking

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Ahlan Islamic Banking

Islam is the complete code of life. It addresses all the problems of human beings by providing divine solutions. Economics is an integral part of our life for which Islam extends exclusive guidelines. Islamic banking is an integral part of Islamic Economy. Principles of Islamic Shari’ah are the main guideline of Islami Banking. It prohibits charging of interests in all its operations and aims at well-being of the society.

As part of the commitment to meet the needs of its diversified clients, AB Bank PLC. introduced its first Islamic Banking Branch on December 23, 2004. Building on the continued rise in demand for Shari’ah-compliant services, AB Bank has rebranded its Islamic banking operation as AB Ahlan Islamic Banking, offering a comprehensive range of deposit and investment products which adheres strictly to the principles of Islamic Shari’ah.

AB Bank has further extended its Islamic banking services by launching eight Islamic Banking Windows attached with the following branches located in the eight divisional cities:

SL Name of the Divisions Location of Islamic Banking Windows
1 Dhaka Division Principal Branch
2 Chittagong Division Agrabad Branch
3 Rajshahi Division Rajshahi Branch
4 Khulna Division Khulna Branch
5 Barishal Division Barishal Branch
6 Mymensingh Division Mymensingh Branch
7 Rangpur Division Rangpur Branch
8 Sylhet Division Dargahgate Branch

With these new Islamic Banking Windows, all branches and sub-branches of AB Bank positioned in these divisions are now equipped to provide online Shari’ah-compliant banking services to the concerned customers. AB Ahlan Islamic Banking operates under the guidelines of Bangladesh Bank and adheres to the highest standards of Islamic Shari’ah, ensuring compliance with Islamic banking practices observed both at local and international level.

AB Bank remains dedicated for fulfilling the banking needs of its clients with a contemporary digitalized and fully Shari’ah-compliant banking experience. The Shari’ah Supervisory Committee of AB is composed of esteemed Shari’ah scholars whose expertise and knowledge are instrumental in upholding the highest standards of compliance across the Bank’s operations.

AB’s Islamic banking operation is completely based on Islamic Shari’ah, free from Riba (interest) and separate from its conventional operation. Day by day our business volume is increasing which has strengthened us to provide competitive profit to the valued depositors as well as extending attractive investment facilities for the eligible clients.

Islamic Banking Products

Al-Wadeeah

Fund which is deposited with banks by the depositors with clear permission to utilize/invest the same is called Al-Wadeeah...

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Al-Mudarabah

Mudarabah is a partnership between the fund provider and the user. Depositor here provides fund and the bank does business...

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Investment Services

AB Bank Islamic Banking wing provides investment facilities for project finance, working capital finance, SME finance, consumer / retail baking finance etc...

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