ICB Islamic bank BD

ICB Islamic Bank Limited

Table of Contents

ICB Islamic Bank Limited

ICB Islamic Bank
Second generation commercial Islamic Bank in Bangladesh
Foundation Year
1987
Headquarters Location
Dhaka, Bangladesh
Managing Director
Muhammad Shafiq Bin Abdullah
Listed On
Dhaka Stock Exchange since 1990
Original Name
Established as Al-Baraka Bank, renamed to Oriental Bank in 2004, and to ICB Islamic Bank in 2008
Financial Issues
Accumulated loss of nearly 20 billion taka in 2022, running at a loss for years
Legal Challenges
In January 2021, seven officers of Oriental Bank were sentenced to jail for embezzlement

Website: https://icbislamic-bd.com

ICB Islamic Bank Limited

Details

ICB Islamic Bank
Second generation commercial Islamic Bank in Bangladesh
Foundation Year
1987
Headquarters Location
Dhaka, Bangladesh
Managing Director
Muhammad Shafiq Bin Abdullah
Listed On
Dhaka Stock Exchange since 1990
Original Name
Established as Al-Baraka Bank, renamed to Oriental Bank in 2004, and to ICB Islamic Bank in 2008
Financial Issues
Accumulated loss of nearly 20 billion taka in 2022, running at a loss for years
Legal Challenges
In January 2021, seven officers of Oriental Bank were sentenced to jail for embezzlement

Contact US
For any query:
ICB Islamic Bank Ltd.
Head Office: T.K. Bhaban (15th floor),
13 Kazi Nazrul Islam Avenue
Kawran Bazar, Dhaka -1215, Bangladesh

care@icbislamic-bd.com

Mobile: +88 01811 458 066

ATM Support: +88 01841 313 131

Telephone: +88 02 55012061 ,+88 02 55012063 ,+88 02 55012065

Fax: +8802 55012060

Call Center:  +880 2 55012061

E-mail Address: enquiry@icbislamic-bd.com
Website : www.icbislamic-bd.com
SWIFT Code : BBSHBDDH
Code 230
Stock Code:  ICBIBANK - DSE CSE

Service Hours:

Sunday: 10:00 am - 4:00 pm
Monday: 10:00 am - 4:00 pm
Tuesday: 10:00 am - 4:00 pm
Wednesday: 10:00 am - 4:00 pm
Thursday: 10:00 am - 4:00 pm
Friday: Closed
Saturday: Closed

Branches

SL Routing Number Branch Name Branch Address Telephone Number Mobile Number Geo Location
1 230275355 Principal Office Branch 17, Mothijheel, C/A, Dhaka - 1000 02-223380876 01811408251 Location
2 230150133 Agrabad Branch Ground Floor of JOY BANGLA TOWER, 36 Agrabad Commercial Area, Agrabad Chattogram - 4000 02-333310511 01847028158 Location
3 230272808 Imamgonj Branch 4, 4/1,5, Gulbadan Super Market (1st Floor) 5,Moulavibazar, Dhaka - 1100 02-57310339, 02-57313707 01833313610 Location
4 230154276 Khatungonj Branch 410/411, Mawlana Ispat Bhaban (1st Floor), Khatungonj Main Road, Chattogram 02-333357227 01811408269 Location
5 230276859 VIP Road Branch Kashfia Plaza, 35/C, VIP Road, Nayapaltan, Dhaka - 1000 02-2222221029, 02-48314486 01811418396 Location
6 230913554 Sylhet Branch Collectorate Mosque Building (1st floor), Court Point, Zinda Bazar Road, Sylhet - 3100 02-996631264, 02-996631207, 02-996631397, 02-996634469 01811408273 Location
7 230671188 Narayangonj Branch Al-Haj Benu Tower (1st Floor) 152(New), B.B Road, Narayanganj - 1400 02-224432477, 02-7630276 01811408266 Location
8 230910465 Biswanath Branch Plot No. 9545, Thana Road, Biswanath, Sylhet - 3130 02-996645222 01811408276 Location
9 230263075 New Market Branch House no-26, A.B.C Market, Mirpur Road, New Market, Dhaka-1205 02-223366204, 02-58613475 & 02-58614105 01811408257 Location
10 230270884 Bangshal Branch 13 Bangshal Road(1st Floor), Bangshal, Dhaka - 1100 02-223383007, 02-223382999 01811408259 Location
11 230680858 Narsingdi Branch 136,Sharif Mansion,C&B road, Puraton Bus stand, Narsingdi 02-224452194 01811408267 Location
12 230910315 Beani Bazar Branch National Market (1st Floor), Main Road, P.O & P.S Beanibazar-31700, Sylhet. 02-2996646439 01811408275 Location
13 230272987 Islampur Branch 9,Asian Plaza. Islampur Road ,Islampur, Dhaka,1100 02-57390342, 02-57391485, 02-57390992 01811408260 Location
14 230471546 Khulna Branch Tayamun 181, Upper Jashre Road, Khulna-911 02-44110387, 02-44110386 01811485324 Location
15 230153648 Jubilee Road Branch 829, Jubilee Road, Chattogram 02-333365899 01811408270 Location
16 230300525 Feni Branch 620 Ammani Tower, 2nd floor, Near Modnina Bus stand, Trunk Road Feni 02-334474065 01811408272
17 230811935 Rajshahi Branch 120 Natore Road,Shahmukhdum Market, Saheb Bazar(Zero Point), Ghoramara, Boalia, Rajshahi-6100 02-47812416, 02-47812417  01811408283 Location
18 230360615 Habigonj Branch London Tower (1st floor), Kali Bari Road.Habiganj. 02-996605557, 02-83161557 01811408277 Location
19 230581186 Moulavi Bazar Branch 10, Court Road, Chowmuhana, Moulavibazar 02-996683153 01811408274 Location
20 230060281 Barisal Branch 67/65, Katpotty Road, Barishal. 02-478863537 01811408282 Location
21 230262539 Kawran Bazar Branch Jahangir Tower, 10, Kazi Nazrul Islam Avenue, Dhaka-1215, Bangladesh 02-55012760, 02-55012761 01833332993 Location
22 230261727 Gulshan Branch 48, South Avenue, Gulshan-1, Dhaka-1212 02-222263005 01811418401 Location
23 230410949 Jashore Branch 25 R.N Road, jashore 02-477766683, 02-477760082 01811408279 Location
24 230411630 Noapara Branch Station Bazar, Noapara, Jashore 02-477770024, 02-477770025 01811408280 Location
25 230410310 Benapole Branch 265, Kaz Tower, (Infornt of Custom House), Benapole, Jashore. 02-477767798 01811408281 Location
26 230270550 Babu Bazar Branch Mona complex (1st floor) 21, Armanian street, Babu Bazar ,Dhaka-1100 02-47391782, 02-47391783 01833327722 Location
27 230274756 Nawabpur Branch 52/68, Tipu Sultan Road,Manika Mansion, (1st & 2nd Floor) Wari , Dhaka – 1100. 02-223359524, 02-223350967 01811408262 Location
28 230641189 Naogaon Branch K.R. Rahman Super Market, Main Road, Naogaon. 02-588883375, 02-588881774 01811408284 Location
29 230155354 Muradpur Branch  93,Rajamiah Market (1stFloor) CDA Avenue,Muradpur, Chattogram-4203 02-334451237, 02-334452071 01811408271 Location
30 230262142 Mirpur Circle-10 Branch Maa Amena Plaza, House # 37, Road # 02,Block # Kha, Section # 06, Senpara Parbota, Mirpur-10, Dhaka - 1216 02-58050342 01811408263 Location
31 230260436 Banani Branch 1st Floor Neel Komol Bhabon, Holdings No-100, Road-11, Block-C, Banani, Dhaka - 1213. 02-222274978, 02-222274979 01811485334 Location
32 230261185 Dhanmondi Branch 1st Floor of Stamford University Building(beside Star kabab buiding)Holdings No-44, Satmosjid Road, Dhanmondi,Dhaka. 02-48117499 01811485326 Location
33 230264632 Uttara Branch House- 2/A, Road- 13, Sector- 04, Uttara, Dhaka - 1230 02-48962970, 02-48962979 01847090778

ATM

SL Name Address Location
1 Kawran Bazar Jahangir Tower, 10, Kazi Nazrul Islam Avenue, Dhaka-1215, Bangladesh
2 Motijheel 17, Mothijheel, C/A, Dhaka – 1000
3 VIP Road Kashfia Plaza, 35/C, VIP Road, Nayapaltan, Dhaka – 1000
4 Banani Neel Komol Bhabon, House -100, Road-11, Block-C, Banani, Dhaka – 1213.
5 Dhanmondi 753, Satmosjid Road (1st Floor), Dhaka – 1205
6 Gulshan 48, Gulshan Avenue, Gulshan-1, Dhaka-1212.
7 Uttara House- 2/A, Road- 13, Sector- 04, Uttara, Dhaka – 1230
8 Mirpur 10 Maa Amena Plaza, House # 37, Road # 02,Block # Kha, Section # 06, Senpara Parbata, Mirpur-10, Dhaka – 1216
9 TK Bhaban T.K Bhaban, 13 Kazi Nazrul Islam Ave, Dhaka 1215.
10 Benapole 265, Kaz Tower, (Infornt of Custom House), Benapole, Jessore.
11 Agrabad 36, JOY BANGLA TOWER, Ground Floor, Agrabad C/A, Chattogram – 4000
12 Sylhet Collectorate Mosque Building (1st floor), Zinda Bazar Road, Sylhet – 3100
13 Moulivi Bazar 10, Court Road, Chowmuhana, Moulvibazar

Routing Number

SL Routing Number Branch Name Branch Address Telephone Number Mobile Number Geo Location
1 230275355 Principal Office Branch 17, Mothijheel, C/A, Dhaka - 1000 02-223380876 01811408251 Location
2 230150133 Agrabad Branch Ground Floor of JOY BANGLA TOWER, 36 Agrabad Commercial Area, Agrabad Chattogram - 4000 02-333310511 01847028158 Location
3 230272808 Imamgonj Branch 4, 4/1,5, Gulbadan Super Market (1st Floor) 5,Moulavibazar, Dhaka - 1100 02-57310339, 02-57313707 01833313610 Location
4 230154276 Khatungonj Branch 410/411, Mawlana Ispat Bhaban (1st Floor), Khatungonj Main Road, Chattogram 02-333357227 01811408269 Location
5 230276859 VIP Road Branch Kashfia Plaza, 35/C, VIP Road, Nayapaltan, Dhaka - 1000 02-2222221029, 02-48314486 01811418396 Location
6 230913554 Sylhet Branch Collectorate Mosque Building (1st floor), Court Point, Zinda Bazar Road, Sylhet - 3100 02-996631264, 02-996631207, 02-996631397, 02-996634469 01811408273 Location
7 230671188 Narayangonj Branch Al-Haj Benu Tower (1st Floor) 152(New), B.B Road, Narayanganj - 1400 02-224432477, 02-7630276 01811408266 Location
8 230910465 Biswanath Branch Plot No. 9545, Thana Road, Biswanath, Sylhet - 3130 02-996645222 01811408276 Location
9 230263075 New Market Branch House no-26, A.B.C Market, Mirpur Road, New Market, Dhaka-1205 02-223366204, 02-58613475 & 02-58614105 01811408257 Location
10 230270884 Bangshal Branch 13 Bangshal Road(1st Floor), Bangshal, Dhaka - 1100 02-223383007, 02-223382999 01811408259 Location
11 230680858 Narsingdi Branch 136,Sharif Mansion,C&B road, Puraton Bus stand, Narsingdi 02-224452194 01811408267 Location
12 230910315 Beani Bazar Branch National Market (1st Floor), Main Road, P.O & P.S Beanibazar-31700, Sylhet. 02-2996646439 01811408275 Location
13 230272987 Islampur Branch 9,Asian Plaza. Islampur Road ,Islampur, Dhaka,1100 02-57390342, 02-57391485, 02-57390992 01811408260 Location
14 230471546 Khulna Branch Tayamun 181, Upper Jashre Road, Khulna-911 02-44110387, 02-44110386 01811485324 Location
15 230153648 Jubilee Road Branch 829, Jubilee Road, Chattogram 02-333365899 01811408270 Location
16 230300525 Feni Branch 620 Ammani Tower, 2nd floor, Near Modnina Bus stand, Trunk Road Feni 02-334474065 01811408272
17 230811935 Rajshahi Branch 120 Natore Road,Shahmukhdum Market, Saheb Bazar(Zero Point), Ghoramara, Boalia, Rajshahi-6100 02-47812416, 02-47812417  01811408283 Location
18 230360615 Habigonj Branch London Tower (1st floor), Kali Bari Road.Habiganj. 02-996605557, 02-83161557 01811408277 Location
19 230581186 Moulavi Bazar Branch 10, Court Road, Chowmuhana, Moulavibazar 02-996683153 01811408274 Location
20 230060281 Barisal Branch 67/65, Katpotty Road, Barishal. 02-478863537 01811408282 Location
21 230262539 Kawran Bazar Branch Jahangir Tower, 10, Kazi Nazrul Islam Avenue, Dhaka-1215, Bangladesh 02-55012760, 02-55012761 01833332993 Location
22 230261727 Gulshan Branch 48, South Avenue, Gulshan-1, Dhaka-1212 02-222263005 01811418401 Location
23 230410949 Jashore Branch 25 R.N Road, jashore 02-477766683, 02-477760082 01811408279 Location
24 230411630 Noapara Branch Station Bazar, Noapara, Jashore 02-477770024, 02-477770025 01811408280 Location
25 230410310 Benapole Branch 265, Kaz Tower, (Infornt of Custom House), Benapole, Jashore. 02-477767798 01811408281 Location
26 230270550 Babu Bazar Branch Mona complex (1st floor) 21, Armanian street, Babu Bazar ,Dhaka-1100 02-47391782, 02-47391783 01833327722 Location
27 230274756 Nawabpur Branch 52/68, Tipu Sultan Road,Manika Mansion, (1st & 2nd Floor) Wari , Dhaka – 1100. 02-223359524, 02-223350967 01811408262 Location
28 230641189 Naogaon Branch K.R. Rahman Super Market, Main Road, Naogaon. 02-588883375, 02-588881774 01811408284 Location
29 230155354 Muradpur Branch  93,Rajamiah Market (1stFloor) CDA Avenue,Muradpur, Chattogram-4203 02-334451237, 02-334452071 01811408271 Location
30 230262142 Mirpur Circle-10 Branch Maa Amena Plaza, House # 37, Road # 02,Block # Kha, Section # 06, Senpara Parbota, Mirpur-10, Dhaka - 1216 02-58050342 01811408263 Location
31 230260436 Banani Branch 1st Floor Neel Komol Bhabon, Holdings No-100, Road-11, Block-C, Banani, Dhaka - 1213. 02-222274978, 02-222274979 01811485334 Location
32 230261185 Dhanmondi Branch 1st Floor of Stamford University Building(beside Star kabab buiding)Holdings No-44, Satmosjid Road, Dhanmondi,Dhaka. 02-48117499 01811485326 Location
33 230264632 Uttara Branch House- 2/A, Road- 13, Sector- 04, Uttara, Dhaka - 1230 02-48962970, 02-48962979 01847090778

Contact

Contact US
For any query:
ICB Islamic Bank Ltd.
Head Office, T.K. Bhaban (15th floor),
13 Kazi Nazrul Islam Avenue
Kawran Bazar, Dhaka -1215, Bangladesh

care@icbislamic-bd.com

Mobile: +88 01811 458 066

ATM Support: +88 01841 313 131

Telephone: +88 02 55012061 ,+88 02 55012063 ,+88 02 55012065

Fax: +8802 55012060

ICB Islamic bank BD
ICB Islamic bank BD

1. Presentation
ICB Islamic Bank Restricted is an unmistakable player in the Islamic financial area, giving a scope of monetary administrations that follow Shariah regulation. Laid out to offer an option in contrast to traditional banking, the bank centers around standards of decency, straightforwardness, and moral speculation. This article dives into the set of experiences, center standards, administrations, and future standpoint of ICB Islamic Bank Restricted, giving an extensive outline of its tasks and importance in the monetary business.

2. History and Foundation
Establishing and Early Years
ICB Islamic Bank Restricted was established with the vision of incorporating Islamic standards into the monetary framework. It rose up out of the need to offer financial arrangements that line up with Islamic lessons, underlining the preclusion of premium (Riba) and unscrupulous venture rehearses.

Development of the Bank
Throughout the long term, ICB Islamic Bank has extended its compass and expanded its contributions. From its unassuming starting points, it has developed into a huge foundation in the Islamic money area, adjusting to changing business sector needs and mechanical progressions.

Key Achievements
The bank’s process incorporates a few key achievements, like the presentation of new monetary items, venture into global business sectors, and the execution of cutting edge financial innovations. These achievements mark its development and transformation in the powerful universe of money.

3. Center Standards of Islamic Banking
Shariah Consistence
At the core of ICB Islamic Bank’s activities is adherence to Shariah regulation. This includes guaranteeing that all financial exercises are in accordance with Islamic standards, which forbid interest-based exchanges and advance moral direct.

Benefit and Misfortune Sharing
Islamic banking stresses benefit and misfortune sharing, where benefits and dangers are divided among the bank and its clients. This guideline encourages a more impartial relationship contrasted with customary interest-based frameworks.

Risk Sharing and Moral Ventures
Risk sharing is a basic part of Islamic money, where monetary dangers are disseminated among all gatherings included. Also, speculations are made in projects that fulfill moral guidelines, keeping away from adventures that go against Islamic qualities.

4. Administrations and Items
Retail Banking Administrations
ICB Islamic Bank offers a scope of retail banking administrations, including investment funds and financial records, individual supporting, and home funding arrangements. These items are intended to address the issues of individual clients while sticking to Shariah standards.

Corporate Financial Arrangements
For organizations, the bank gives corporate financial arrangements, for example, exchange supporting, working capital funding, and venture funding. These administrations are customized to help the monetary necessities of organizations in a Shariah-consistent way.

Speculation Items and Administrations
The bank’s speculation portfolio incorporates different Shariah-agreeable instruments like Sukuk (Islamic securities) and Murabaha (cost-in addition to supporting). These items offer open doors for moral speculation and abundance the board.

Islamic Money Instruments
ICB Islamic Bank uses a few Islamic money instruments to take care of various monetary requirements. These incorporate Ijarah (renting), Musharakah (association), and Mudarabah (benefit sharing).

5. Authoritative Construction
Administration and Authority
The administration design of ICB Islamic Bank incorporates a top managerial staff and a Shariah warning board. The authority group is answerable for vital choices and guaranteeing consistence with Islamic standards.

Key Offices and Their Jobs
The bank’s authoritative design includes different divisions, for example, retail banking, corporate banking, venture administrations, and innovation. Every division assumes a vital part in conveying administrations and overseeing tasks.

Supervisory crew
The supervisory crew at ICB Islamic Bank remembers experienced experts with ability for Islamic money and banking. Their administration drives the bank’s essential drives and functional effectiveness.

6. Monetary Execution
Key Monetary Measurements
ICB Islamic Bank’s monetary execution is assessed through key measurements like net benefit, resource development, and return on value. These measurements give bits of knowledge into the bank’s monetary wellbeing and functional achievement.

Yearly Reports and Budget summaries
The bank distributes yearly reports and budget summaries that detail its monetary exhibition and vital objectives. These archives are fundamental for partners to evaluate the bank’s exhibition.

Ongoing Patterns and Execution Investigation
Ongoing patterns in the monetary area and the bank’s exhibition are broke down to distinguish potential learning experiences and regions for development. This examination helps in essential preparation and navigation.

7. Innovation and Development
Advanced Financial Arrangements
ICB Islamic Bank has embraced advanced change by offering internet banking arrangements and portable applications. These devices upgrade client comfort and smooth out financial activities.

Fintech and Islamic Banking
The combination of fintech in Islamic banking has presented new open doors for development. ICB Islamic Bank investigates fintech answers for further develop administration conveyance and client experience.

Future Mechanical Turns of events
Looking forward, the bank is centered around utilizing arising advances, for example, blockchain and man-made consciousness to drive development and productivity in its activities.

8. Client Experience
Client support Reasoning
ICB Islamic Bank focuses on client care, expecting to offer customized and productive help. The bank’s client support reasoning underscores responsiveness and consumer loyalty.

Criticism and Objections The board
The bank has laid out systems for overseeing client input and protests. This incorporates channels for submitting criticism and cycles for tending to worries.

Upgrades in Client Connection
ICB Islamic Bank ceaselessly looks to upgrade client association through superior correspondence channels and imaginative assistance contributions.

9. Administrative and Consistence Issues
Shariah Administration and Oversight
Shariah administration is basic to the bank’s activities, including ordinary audits by the Shariah warning board to guarantee consistence with Islamic standards.

Public and Global Consistence
The bank sticks to public and global administrative guidelines, including those connected with against illegal tax avoidance and counter-psychological warfare supporting.

Dealing with Administrative Changes
ICB Islamic Bank proactively oversees administrative changes by adjusting its strategies and systems to meet new consistence prerequisites.

10. Local area Inclusion
Corporate Social Obligation
The bank’s corporate social obligation drives center around supporting local area advancement and social government assistance projects.

Local area Tasks and Drives
ICB Islamic Bank puts resources into different local area projects, including training, medical care, and natural manageability.

Associations and Coordinated efforts
The bank teams up with different associations and foundations to improve its local area effect and backing social causes.

11. Master Experiences
Interviews with Industry Specialists
Interviews with industry specialists give important bits of knowledge into the bank’s activities and the more extensive Islamic financial area.

Contextual analyses and Genuine Models
Contextual analyses and genuine models feature the bank’s accomplishments and difficulties, offering pragmatic points of view on its effect and execution.

12. Future Standpoint
Arising Patterns in Islamic Banking
The fate of Islamic banking incorporates patterns like advanced development, expanded interest for moral money, and venture into new business sectors.

Expectations for ICB Islamic Bank Restricted
Expectations for ICB Islamic Bank include expected development in its administration contributions, market presence, and mechanical headways.

Key Objectives and Plans
The bank’s essential objectives incorporate improving client care, extending its item range, and chasing after maintain