Islami Bank Bangladesh PLC: Leading Islamic Bank

Islami Bank Bangladesh PLC: Leading Islamic Bank

Islami Bank Bangladesh PLC is a top Islamic bank in Bangladesh. It offers Sharia-compliant banking and investment services to many people and businesses. This bank is a leader in Islamic finance, helping to grow its use in Bangladesh.

This bank is the top Islamic bank in the country. It has many innovative products and services that follow Islamic finance rules. Its focus on ethical and responsible banking has made it a reliable financial partner in Bangladesh.

Islami Bank Bangladesh PLC: Leading Islamic Bank

• Details

• Branches

• ATM

• Routing Numbers

• Contact

Details

Registered Name	Islami Bank Bangladesh PLC
Legal Status	Public Limited Company
Logo
Established	1983
Type	Private Bank
Category	Commercial Bank
Origin	Local Bank
Services	Retail Banking Corporate Banking NRB Banking SME Banking Foreign Exchange Offshore Banking Deposits Investments Rural Development Locker Service
More Resources	Cards Deposits Accounts
Corporate Address	Islami Bank Tower, 40 Dilkusha Commercial Area, Dhaka 1000, Bangladesh.
Telephone	+880 2 9563040, 9560099, 9567161, 9567162, 9569417
Fax	+880 2 9564532, 9568634
Call Center	16259, +880 2 8331090
E-mail Address	info@islamibankbd.com
Website	www.islamibankbd.com
SWIFT Code	IBBLBDDH
Code	125
Stock Code	ISLAMIBANK - 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	District	Branch	Branch Code	Address	Mobile No	Details
1	Dhaka	Agargaon Branch	224	Lions Bhaban (2nd floor), Plot No.23, Block-E, Begum Rokeya Sharani, Sher-e-Bangla Nagar, Dhaka-1207.	01711-693851, 01730-701212	View
2	Chittagong	Agrabad Commercial Area Branch	406	Commercial Court, Holding No. 95, Ward No. 28, P.S. Doublemooring, Chattogram City Corporation, District-Chattogram	01998-707052	View
3	Chittagong	Agrabad Corporate Branch, Chittagong	103	3, CDA Sheikh Mujib Road, Agrabad C/A, Chittagong	01711-889901, 01755-537087, 01711-889902, 01714-161226, 01755-554483, 01755-629471	View
4	B.Baria	Akhaura SME/Krishi Shakha		Noorjahan Manjeel (1st Floor), Akhaura - Chandura Road(North side of Pourasava Office), Akhaura, B. Baria.	01730-326104, 01755-581587	View
5	Chuadanga	Alamdanga Branch		Akriti Tower, Holding No.525, Alif Uddin Road, Ward No.01, Pourashava-Alamdanga, Upazila-Alamdanga, District-Chuadanga.	01998-707053	View
6	Tangail	Alanga SME/Krishi Shakha	001	Ibrahim Bhaban, Union : Alanga, Post Office Alanga, Thana: Kalihati, Tangail.	01730-097280, 01730-739985, 01755-548030	View
7	Sylhet	Amberkhana Branch		Eastern Plaza, Holding No.1281-01, Biman Bandor Road, PS-Biman Bandor, Amberkhana, Sylhet-3100	01711-889938	View
8	Dhaka	Aminbazar Branch		755, Begun Bari, Amin Bazar, Savar, Dhaka	01711-693932; 01713-164484,01730701201,01730340660, 01755-5326430	View
9	Chittagong	Anderkilla Branch, Chattogram		CPDL Paragon City, Holding No.-11-13, Sirajuddaula Road, Ward No.-21, P S:Kotwali, Chattogram City Corporation,Dist: Chattogram.	01711-889904, 01755-521993	View
10	Chittagong	Anwara Branch	367	Haji Abdul Latif Market, Chatoree Chowmuhani, Anwara, Chattogram-4376	01766-665984	View

ATM

SL	Location	Upazilla
1	40, Dilkusha C/A (Islami Bank Tower), Motijheel, Dhaka-1000.	Dilkusha
2	Hosaf Tower, 257-259 New Circular Road, Malibagh, Dhaka-1217.	Malibagh
3	Akriti Tower (Ground floor), 525, Alifuddin Road, Alamdanga, Chuadanga	Alamdanga
4	Jahangir Bhaban, Noyel Plaza,Main Road.	Bandarban Town
5	Khanjahan Ali Road, Tarer Pukur, Royal Mor, Khulna	Khulna Town
6	Zero Point , Khulna	Khulna Town
7	Sener Bazar, Khulna	Khulna Town
8	75, Motijheel, Local Office, Dhaka	Motijheel
9	9I, Motijheel (Ittefaq Mor)	Motijheel
10	227/3, Karimullarbaag, Postagola, Shyampur, Dhaka	Shyampur

Routing Numbers

Branch Name Routing No.
Abdullahpur Sub-Branch,Uttara 125264639
Adabor Bazar Sub-Branch,Shyamoli 125264305
Aftabnagar Sub-Branch,Badda 125260341
Agargaon Br 125262149
Agent Banking Service,HO 125270607
Agrabad Commercial Area Br 125150606
Agrabad Corporate Branch 125150130
Akhaura SME Br,B.Baria 125120052
Akij City Sub-Branch,Jashore 125411637
Alamdanga Br,Chuadanga 125180047
Alamnagar Sub-Branch,Rangpur 125851455
Alanga Br, Tangail 125930118
Allardarga Sub-Branch,Kushtia 125500948
Amberkhana Br.,Sylhet. 125910046
Amin Bazar Br., Dhaka. 125260138
Amirabad Sonapur Bazar Sub-Branch,Sonagazi 125301484
Anderkilla Branch 125150464
Anwara, Chittagonj 125150527
Araihazar 125670049
Aramnagar Bazar Sub-Branch,Tarakandi 125391694
Asadgonj Sub-Branch,Chaktai 125151755
Ashkona Sub-Branch,Dhaka 125261995
Ashugonj,B.Baria. 125120102
Ashulia Branch,Dhaka 125260220
Ati Bazar 125270344
Aturar Depo Sub Branch,Chattogram 125151489
Azampur Kachabazar Sub-Br,Daksin Khan 125264639
Azimpur Sub-Branch,Dhaka 125263522
B.Baria Br., B.Baria. 125120436
Badamtali Sub-Br.,Agrabad Commercial Area 125150606
Badda, Dhaka 125260341
Bagahabari Sub-Branch,Shahjadpur 125881904

Contact

Islami Bank Tower
40, Dilkusha C/A
Dhaka - 1000, Bangladesh

• Islami Bank Tower 40, Dilkusha C/A, Dhaka - 1000
• Email info@islamibankbd.com
• PABX (+88-02) 223383040, 223384816
• Contact Center +88-02-8331090 or 16259

 

Introduction to Islami Bank Bangladesh PLC

Islami Bank Bangladesh PLC is a key player in Islamic banking in Bangladesh. It was the first bank to follow Sharia law in the country. Since its start, it has greatly helped Islamic finance grow in Bangladesh.

Overview of Islamic Banking in Bangladesh

Islamic banking has become more popular in Bangladesh in recent years. This is thanks to the country’s large Muslim population. They look for banking options that are ethical and don’t involve interest.

Islami Bank Bangladesh PLC leads in this area. It offers many Sharia-compliant products and services. These meet the financial needs of its customers.

Establishment and Growth of Islami Bank Bangladesh PLC

Islami Bank Bangladesh PLC started in 1983. It was the first Islamic bank in the country. Its main goal was to offer an alternative to traditional banking that followed Islamic finance principles.

Since then, the bank has grown a lot. It has more branches and customers all over Bangladesh. Now, it’s a top name in Islamic banking, known for its ethical and responsible finance.

Islami Bank Bangladesh PLC has grown a lot since starting in 1983 with just 3 branches. Now, it has 394 branches across Bangladesh. This makes it a leader in islamic banking in Bangladesh.

Core Values and Principles

At Islami Bank Bangladesh PLC, a strong commitment to Islamic banking principles is key. The bank follows a set of core values. These values ensure Sharia-compliant practices and focus on ethical, socially responsible banking.

One key islami bank bangladesh value is avoiding riba (interest). Islami Bank Bangladesh does not charge or receive interest. Instead, it uses Sharia-approved financing like profit-and-loss sharing and leasing.

• Upholding Sharia-compliant practices
• Promoting ethical and socially responsible banking
• Fostering a culture of transparency and integrity
• Prohibiting riba (interest) and embracing Sharia-approved financing modes
• Prioritizing the well-being of the community and the environment

The bank also cares about social responsibility. It supports charities and initiatives that help the poor and make society more equal.

“We believe that Islamic banking is not just about financial transactions, but a way of life that promotes societal well-being and environmental stewardship.” – Mohammed Monirul Moula, Managing Director and CEO, Islami Bank Bangladesh PLC

By following these islami bank bangladesh values and islamic banking principles, Islami Bank Bangladesh PLC leads in Sharia-compliant banking. It sets the standard for ethical and socially conscious finance in Bangladesh.

Sharia-Compliant Banking Services

Islami Bank Bangladesh PLC goes beyond just talking about Islamic principles. We are a top provider of sharia-compliant banking services. We offer a wide range of deposit products and financing solutions that follow Shariah law closely.

Deposit Products

We are proud of our islami bank bangladesh deposit products. Our customers can pick from savings accounts, term deposits, and investment accounts. Each product is made to fit Islamic financial rules. They help keep your money safe and offer chances for ethical growth and managing wealth.

Financing Solutions

Islami Bank Bangladesh PLC also has a broad range of islami bank bangladesh financing options. If you’re an individual or a business looking for financing, we have it. Our sharia-compliant financing meets your financial needs while respecting your beliefs.

“At Islami Bank Bangladesh PLC, we believe that true financial success is not measured by profits alone, but by the alignment of our actions with the principles of Islamic banking.”

Islami Bank Bangladesh PLC: Leading Islamic Bank

Market Position and Achievements

Islami Bank Bangladesh PLC is a top Islamic bank in Bangladesh. It leads the country’s Islamic finance sector. With over 50% market share, it has grown faster than others, boosting Islamic finance in Bangladesh.

This bank has earned many awards, both at home and abroad. It’s been named “Best Islamic Bank in Bangladesh” by Global Finance and Islamic Finance News. These honors show the bank’s strong focus on quality Sharia-compliant banking services.

Islami Bank receives award for revenue collection

Large Taxpayers Unit of National Board of Revenue awarded Islami Bank Bangladesh PLC for its outstanding contribution to revenue collection in the fiscal year 2022-23.

IBBL achieves `Best Bank in Bangladesh` Award

Islami Bank Bangladesh Limited has achieved the ‘Best Bank in Bangladesh’ Award in the South Asian Business Excellence Awards 2022 presented by South Asian Partnership Summit.

IBBL achieved sustainability rating Award

Islami Bank Bangladesh Limited achieved the top performing banking award in sustainability rating by Bangladesh Institute of Bank Management (BIBM).

IBBL recognized as the Strongest Bank in Bangladesh

Islami Bank Bangladesh Limited has been recognized as the ”Strongest Bank in Bangladesh” for the year 2022 by The Asian Banker.

Islami Bank awarded as highest taxpayer

Islami Bank Bangladesh Limited has been awarded as the highest taxpayer in banking sector in 2021-22.

Islami Bank achieves `Gold Remittance Award’

Islami Bank Bangladesh Limited (IBBL) has achieved Gold Award in Remittance Award 2021 & 2022 conferred by the Centre for NRB.

Islami Bank Bangladesh PLC’s success shows its strong commitment to Islamic banking. It meets the financial needs of its customers well. As the top Islamic bank in Bangladesh, it sets new standards for the Islamic finance sector.

Corporate Social Responsibility Initiatives

At Islami Bank Bangladesh PLC, corporate social responsibility (CSR) is key to our values. As a leading Islamic bank, we aim to positively impact our community and environment. We’re dedicated to making a difference.

Our CSR covers many areas, showing our commitment to sustainable development and social welfare. We follow Islamic finance principles, which stress ethical and socially responsible business.

• Community Development: We support many community projects, like building schools and hospitals in poor areas. Our help has made essential services more accessible and improved lives for many Bangladeshi people.
• Environmental Sustainability: We’re all about being green. We fund renewable energy projects, use less energy, and promote eco-friendly banking.
• Philanthropic Endeavors: We help those in need with money, scholarships, and disaster aid. Our charity work is based on Islamic values of fairness and kindness.

Our commitment to CSR shows we’re more than just a bank. We’re a socially aware institution aiming to improve our communities. Through our diverse CSR efforts, we’re making a lasting impact in Bangladesh.

“At Islami Bank Bangladesh, we believe that our responsibility extends beyond just providing financial services. We are committed to being a socially responsible corporate citizen and making a positive difference in the lives of the people we serve.”

Branch Network and Digital Banking

Islami Bank Bangladesh PLC has a wide branch network across the country. It meets the banking needs of its customers. With over 394 branches in cities and rural areas, it’s easy for people and businesses to access. The bank also has over 2121  ATMs for cash and self-service anytime.

The bank knows digital banking is key. So, it has created online and mobile banking solutions. Customers can use the user-friendly internet banking platform to manage accounts, transfer money, and pay bills easily. The mobile banking app lets customers do banking on their phones safely.

Islami Bank Bangladesh PLC offers a great banking experience, in person or online. It’s all about making banking easy and convenient for customers. This focus on innovation and customer service makes it a top Islamic bank in Bangladesh.

Customer Service and Support

Islami Bank Bangladesh PLC puts a big focus on great customer service and support. They make sure every customer gets personal attention and quick help when they need it.

Helpline and Customer Care

Islami Bank Bangladesh PLC has a 24/7 helpline for customers. It’s there to answer questions, fix problems, and offer advice. The team is well-trained to handle many kinds of requests, like questions about accounts or transactions. Customers can call the helpline for free, making it easy to get help.

• Dedicated 24/7 helpline for customer support
• Highly trained and responsive customer care team
• Efficient resolution of customer inquiries and issues
• Comprehensive support for all banking-related matters

Islami Bank Bangladesh PLC also has many ways to help customers. They have branches, online services, and mobile apps. This makes it easy for customers to get the support they need, anytime and anywhere.

Islami Bank Bangladesh PLC works hard to build strong relationships with its customers. They focus on trust and loyalty. Their commitment to customer service shows how much they value their customers. They aim to make banking easy and satisfying for everyone.

“At Islami Bank Bangladesh PLC, our customers are at the heart of everything we do. We are dedicated to providing exceptional service and support, ensuring that their banking experience is seamless and satisfactory.”

Regulatory Compliance and Governance

Islami Bank Bangladesh PLC takes its regulatory compliance and corporate governance very seriously. It follows a detailed framework that makes sure it sticks to Sharia laws and Bangladesh Bank’s rules. This ensures the bank runs smoothly and ethically.

The bank shows its commitment to islami bank bangladesh regulations by using Sharia-compliant banking in everything it does. It has a Sharia Supervisory Committee made up of Islamic scholars. They make sure all financial products and services follow Sharia rules.

When it comes to islami bank bangladesh governance, the bank has a strong corporate governance structure. This structure supports transparency, accountability, and making ethical choices. The Board of Directors and its committees make sure the bank works for its customers, shareholders, and the community.

Islami Bank Bangladesh PLC also focuses a lot on islami bank bangladesh compliance. It has strong risk management and internal controls. These measures help protect customer data and prevent financial wrongdoings.

Islami Bank Bangladesh PLC is dedicated to following the rules and good governance. This makes it a top Islamic bank in the country. It aims to set the standard for ethical and responsible banking.

Future Outlook and Growth Strategies

Islami Bank Bangladesh PLC is a top Islamic bank in the country. It has big plans for growth and a focus on new technology. The goal is to make the bank stronger, improve customer service, and grow Islamic banking in Bangladesh.

Expansion Plans

The bank is planning to open more branches all over the country. This will bring its Sharia-compliant banking to more people. It will serve both city and rural areas, making sure everyone can use Islamic banking.

This move will help the bank reach new customers and meet the changing financial needs of people in Bangladesh.

Innovation and Technology Adoption

Islami Bank Bangladesh PLC is investing in new technologies to improve its services and customer experience. It’s using the latest digital tools, like mobile apps and online banking, to make things easier for customers. This way, banking becomes more convenient and meets customer needs.

With these plans, the bank is set to grow in the Sharia-compliant banking market in Bangladesh. By reaching more people and using new technology, it aims to lead in Islamic banking and help the industry grow.

Conclusion

Islami Bank Bangladesh PLC is a top Islamic bank in Bangladesh. It has been key in growing the Islamic banking sector. The bank focuses on Sharia-compliant banking and offers innovative solutions. This makes it a go-to for those wanting ethical and faith-based financial services.

The bank has a wide branch network and modern digital banking. This has made Islamic banking available to many people across the country. Islami Bank also cares about giving back to the community. It works on projects that help the economy and society of Bangladesh.

Islami Bank is set to lead in Islamic banking in Bangladesh’s future. It plans to use technology, grow, and stick to Sharia principles. This will help meet the need for Sharia-compliant banking and shape Islamic finance in Bangladesh.

FAQ

What is Islami Bank Bangladesh PLC?

Islami Bank Bangladesh PLC is a top Islamic bank in Bangladesh. It offers Sharia-compliant banking and investment services. These services are for individuals, businesses, and institutions across the country.

What are the core values and principles of Islami Bank Bangladesh PLC?

This bank follows Islamic finance’s core values and principles. It focuses on Sharia-compliant practices. It also promotes ethical banking and transparency.

What types of Sharia-compliant banking services does Islami Bank Bangladesh PLC offer?

The bank provides many Sharia-compliant services. These include savings accounts, term deposits, and investment accounts. It also offers personal and business financing, trade financing, and asset-based financing.

What is Islami Bank Bangladesh PLC’s market position and achievements?

It’s the leading Islamic bank in Bangladesh. It has a big market share and many awards. These are for growing Islamic finance in Bangladesh.

What are Islami Bank Bangladesh PLC’s corporate social responsibility (CSR) initiatives?

The bank is a socially responsible corporate citizen. It supports community development, environmental sustainability, and philanthropy. These efforts follow Islamic finance principles.

What is Islami Bank Bangladesh PLC’s branch network and digital banking capabilities?

The bank has a wide branch and ATM network across the country. It also offers online and mobile banking. These services give customers easy and secure access to their accounts and services.

What kind of customer service and support does Islami Bank Bangladesh PLC provide?

The bank focuses on excellent customer service and support. It has a dedicated helpline and customer care initiatives. It aims for personalized attention and efficient help.

What career opportunities are available at Islami Bank Bangladesh PLC?

The bank offers many exciting career opportunities. These are in banking operations, customer service, finance, technology, and more. It focuses on professional growth and attracting top talent.

How does Islami Bank Bangladesh PLC ensure regulatory compliance and sound governance?

The bank follows a strong regulatory framework and governance practices. It ensures Sharia law and Bangladesh’s banking regulations compliance. It has strong corporate governance for transparency, accountability, and ethical decisions.

What are Islami Bank Bangladesh PLC’s future outlook and growth strategies?

The bank has a bright future and is growing. It plans to open new branches, develop new products, and use new technologies. These efforts aim to improve the customer experience and grow Islamic banking in Bangladesh.