
Islami Bank Bangladesh PLC organized business development conference for its sub-branches on January 17, 2026 at Hotel Intercontinental, Dhaka. Professor Dr. M. Zubaidur Rahman, chairman of Board of Directors of the Bank attended the closing program as chief guest. Presided over by Md. Omar Faruk Khan, Managing Director of the Bank, the program was addressed as special guest by Mohammad Khurshid Wahab, chairman of the executive committee and Professor Dr. M. Masud Rahman, chairman of the Risk Management Committee. Md. Altaf Hossain, Engr. Mohammad Jamal Uddin Mazumder and Dr. M. Kamal Uddin Jasim, Additional Managing Directors along with senior executives of the head office and in-charges of 271 sub-branches attended the conference.
Professor Dr. M. Zubaidur Rahman, in his speech as chief guest, said that Islami Bank is the largest bank in the country and a pillar of the national economy. The officials will have to make double efforts to bring this bank back to its previous glory. They will have to work hard with dedication and professionalism. The bank will have to move forward by maintaining better relations with the customers by providing improved services. Investment in the SME sector will have to be further expanded. He advised everyone to work with the utmost professionalism to continue the trust and confidence of the people in Islami Bank.
The deposit of Islami Bank's sub-branches has stood at 12,000 crore Taka. This amount have increased by 3,700 crore Taka in a year. In addition, the total deposit of Islami Bank has reached at 183,000 crore Taka. Islami Bank has been topping for 18 consecutive years in collecting remittances with the trust and love of expatriates. Last year, the Bank collected remittances of Taka 76,000 crore. Current customer base of the Bank is 3 crore; which has increased by 50 lakh in the last one year that symbolizes peoples’ trust and reliability. Islami Bank is currently providing services to customers through the largest network of 400 branches, 271 sub-branches, 2,788 agent outlets and 3,040 ATM/CRM booths.
This information was disclosed at the Sub-Branch Business Development Conference of Islami Bank Bangladesh PLC held at the Hotel Intercontinental, Dhaka on Saturday, January 17, 2026. Md. Omar Faruk Khan, Managing Director of the bank was present at the conference as chief guest. Presided over by Engineer Md. Jamal Uddin Mazumder, Additional Managing Director, Md. Altaf Hossain and Dr. M Kamal Uddin Jasim, Additional Managing Directors adressed as special guests. Md. Mahboob Alam, Deputy Managing Director delivered the welcome speech. Md. Rafiqul Islam, and K M Munirul Alam Al-Mamoon, Deputy Managing Directors, were also present at the function. Senior executives of the head office and in-charges of 271 sub-branches participated in the conference.
Md. Omar Faruk Khan, Managing Director in his speech of chief guest said, that Islami Bank's contribution to the country's economic development is remarkable. Customer confidence has been restored in the banking landscape following the July Revolution. Despite various challenges in 2025, Islami Bank collected the highest volume of deposits in the banking sector and made a significant contribution to increasing foreign exchange reserves by mobilizing the highest amount of remittances. He added, "We are working toward building a strong, Shari'ah-compliant, technology-driven, and modern Islami Bank that fosters a culture of compliance." Islami Bank, as a leading institution in the banking sector, continues to play a vital role in sustainable economic development. He urged everyone to ensure the optimal use of technology in all banking services, guided by the slogan: "Innovation and Digitization Driving Transformation."
Islami Bank Bangladesh PLC's mobile financial service 'mCash' has embarked on a new journey through rebranding. Dr. Ahsan H. Mansur, Governor of Bangladesh Bank, inaugurated the rebranding activities of ‘mCash’, the country's first Islamic mobile banking as the chief guest on Sunday, January 11, 2026, at the Pan Pacific Sonargaon Hotel in Dhaka. Professor Dr. M. Zubaidur Rahman, Chairman of the bank presided over the program while Arief Hossain Khan, Executive Director of Bangladesh Bank was present as a special guest. Md. Omar Faruk Khan, Managing Director of the bank addressed the welcome speech. Mohammad Khurshid Wahab, Chairman, Executive Committee, Md. Abdus Salam, FCA, FCS, Chairman, Audit Committee, Professor Dr. M. Masud Rahman, Chairman, Risk Management Committee, Md. Abdul Jalil, Independent Director of the Bank attended the program. Senior executives of the head offices of Bangladesh Bank and Islami Bank and all head of zones and branches of the bank were present at the time.
Ahsan H. Mansur, Governor of Bangladesh Bank in his speech of chief guest said that Islami Bank has a strong customer base. More than 3 crore customers are connected with this bank. mCash must be moved forward by utilizing Islami Bank's large network of 400 branches, 271 sub-branches, and approximately 2,800 agent outlets. mCash should also be utilized in the remittance flow of Islami Bank. mCash will play an important role in building a cashless society. He said that to strengthen mCash, long-term plans must be adopted and customer trust must be earned. Customers should be encouraged with incentives and cashback offers. Efforts should be made to include the retail market and SME sector in transactions through QR codes by focusing on them. Along with cash-in and cash-out, everyone should be encouraged toward digital transactions. If digital transactions increase, corruption in the country will decrease, revenue will increase by BDT 200,000 crore and the economy will thrive. He said, "We want the Mobile Financial Services market not to remain monopoly but to expand further. This is convenient for the country's economy and the customers." He wished success for the re-branding of mCash.
Professor Dr. M. Zubaidur Rahman, Chairman of the bank said that with 30 million customers, Islami Bank's mCash will surpass competitors. He called upon everyone to encourage mCash transactions. He thanked the Honorable Governor for his presence at the rebranding of mCash.
Advantages of mCash: With the combination of technology and modern banking, ‘mCash’ has made the daily transactions of common people safe, fast, and easy. Send money from mCash to mCash is charge free and the cash-out charge is only 13.90 TK per thousand. In case of withdrawal from any branch, sub-branch, and ATM of Islami Bank, the cash-out charge is only 7 TK per thousand. Remittance money from abroad can be sent directly to mCash, which is deposited instantly. The cash-out charge for remittance is only 7 TK per thousand. Add money can be done from any Visa/Mastercard at a cost of only 5 TK per thousand. Various bills including electricity, gas, water bills and rapid pass refills of Metro Rail can be done through mCash. Various allowances of the Department of Social Services such as old age allowance, disability allowance, education stipend, and widow allowance can be received through mCash. A good number of organizations are now providing the salaries of their staff directly through mCash. Customers can deposit and withdraw money 24 hours a day from mCash agent points spread across the country, all branches, sub-branches, and agent banking outlets of Islami Bank and the bank's own ATM and CRM booths.
By transforming challenges into opportunities, the total deposits of Islami Bank reached at BDT183,000 crore as of December 31, 2025. This reflects a growth of over BDT22,000 crore within a single year. Furthermore, deposits in the bank's Agent Banking sector now stand at BDT22,000 crore, which is BDT5,000 crore higher than the previous year.Due to the trust and confidence of expatriates, Islami Bank has maintained its top position in remittance collection for 18 consecutive years. In the last year alone, the bank facilitated BDT76,000 crore in remittances. In 2025, Islami Bank handled import and export trade worth BDT59,614 crore and BDT31,504 crore respectively. As a symbol of trust and reliability, the bank’s current customer base has reached 3 crore, increasing by 50 lakh in the last year. Currently, Islami Bank serves its customers through the country's largest network, consisting of 400 branches, 271 sub-branches, 2,788 agent outlets, and 3,040 ATM/CRM booths.
These information were disclosed at the inauguration of the two-day Annual Business Development Conference of Islami Bank Bangladesh PLC on Saturday, January 10, 2026, at the Pan Pacific Sonargaon Hotel in Dhaka. Professor Dr. M. Zubaidur Rahman, Chairman of the bank inaugurated the conference as chief guest. Md. Omar Faruk Khan, Managing Director of the bank Presided over the conference. Mohammad Khurshid Wahab, Chairman, Executive Committee, Md. Abdus Salam, FCA, FCS, Chairman, Audit Committee, Professor Dr. M. Masud Rahman, Chairman, Risk Management Committee, Md. Abdul Jalil, Independent Director of the Bank addressed the program as special guest. Md. Altaf Hossain, Engr. Mohammad Jamal Uddin Mazumder and Dr. M Kamal Uddin Jasim, Additional Managing Directors also addressed the program. Senior Executives from Head Office, Head of 16 Zones and Head of 400 Branches of the Bank attended the conference.
Professor Dr. M. Zubaidur Rahman in his speech of chief guest said that Islami Bank is the largest bank in the country. The nation’s economy is highly dependent on this bank, and any damage to it would adversely affect the country's economy. He emphasized that every possible effort must be put to restore the bank to its former glory. He further remarked that the bank has made a turnaround and must be propelled forward. To achieve this, he called for collective action driven by innovative ideas and stressed the need for regular progress reviews. He also advised everyone to work with the highest level of professionalism to uphold the public’s trust and confidence in Islami Bank.
Md. Omar Faruk Khan, Managing Director of the Bank said that Islami Bank's contribution to the country's economic development is unforgettable. Customer confidence has been restored in the banking landscape following the July Revolution. Despite various challenges in 2025, Islami Bank collected the highest volume of deposits in the banking sector and made a significant contribution to increasing foreign exchange reserves by mobilizing the highest amount of remittances. He added, "We are working toward building a strong, Shari'ah-compliant, technology-driven, and modern Islami Bank that fosters a culture of compliance." Islami Bank, as a leading institution in the banking sector, continues to play a vital role in sustainable economic development. He urged everyone to ensure the optimal use of technology in all banking services, guided by the slogan: "Innovation and Digitization Driving Transformation.
Islami Bank Bangladesh PLC organized an orientation program for newly recruited one thousand Trainee Assistant Officers on Thursday, January 1, 2026 at the Institution of Diploma Engineers Bangladesh in the capital. They were appointed through transparent process involving written test and viva-voce from among 91 thousand 7 hundred 56 candidates. All 64 districts of the country are represented in this recruitment, with Chattogram ranking first, Cumilla second, and Coxs Bazar third. Students from 76 universities across the country were selected for these positions based on merit.
Professor Dr. M. Zubaidur Rahman, chairman of the bank was present in the program as chief guest. Presided over by Md. Omar Faruk Khan, managing director of the bank, Md. Altaf Hossain & Mohammad Jamal Uddin Majumder, Additional Managing Directors attended the program as special guest. Dr. M Kamal Uddin Jasim, Additional Managing Director addressed the welcome speech. Md. Mahboob Alam, Mahmudur Rahman, Md Rafiqul Islam, Muhammad Sayeed Ullah, K.M Munirul Alam Al-Mamoon and Md Maksudur Rahman, Deputy Managing Directors were also present on the occasion.
Professor Dr. M. Zubaidur Rahman, in his speech as the chief guest, stated that Islami Bank faced numerous challenges in recent years. However, by turning every challenge into an opportunity, this beloved institution of the common people has come back and returned to the progress. To further accelerate the bank's momentum and contribute to the growth and prosperity of the banking sector, he called upon the young officers to play a vital role. He expressed confidence that the youth will be capable of building a ‘Developed Bangladesh’ and a modern Islamic banking system. Those joining the bank today will lead the banking sector tomorrow. Everyone must work with this dream in mind and work hard to realize it.’ He also urged the newly appointed officers to earn the trust of customers through excellent behavior and better service, while simultaneously striving for professional excellence.
A meeting of the Shari`ah Supervisory Council of Islami Bank Bangladesh PLC was held on 28 December 2025, Sunday at Islami Bank Tower. Mufti Sayeed Ahmed, Chairman of the Council presided over the meeting. Md. Omar Faruk Khan, Managing Director of the bank and Professor Dr. Mohammad Abdus Samad, Member Secretary along with other members of the council attended the meeting.
Islami Bank Bangladesh PLC received first position in Remittance Award 2026 by the Ministry of Expatriates' Welfare and Overseas Employment. The bank received this award for collecting the highest remittance in the fiscal year 2024-2025. Dr. Asif Nazrul, Advisor, Ministry of Expatriates' Welfare & Overseas Employment handed over the award to Md. Omar Faruk Khan, Managing Director of the bank at Osmani Memorial Auditorium on 17 December 2025, Wednesday on the occasion of International Migrants Day and National Expatriates Day 2025. Md. Rafiqul Islam, Deputy Managing Director, Md. Motahar Hossain Mollah, Senior Vice President and Mohammad Shahadat Hossain of the bank were present on the occasion.
The 42nd Annual General Meeting of Islami Bank Bangladesh PLC was held on 11 December, 2025, Thursday at Kurmitola Golf Club of the Capital. Professor Dr. M. Zubaidur Rahman, chairman of the bank, presided over the meeting. Mohammad Khurshid Wahab, chairman of the executive committee, Md. Abdus Salam, FCA, FCS, chairman of the audit committee, Professor Dr. M. Masud Rahman, chairman of the risk management committee, Md. Abdul Jalil, independent director, Md. Omar Faruk Khan, managing director, Mufti Sayeed Ahmed, Chairman of Shari’ah Supervisory Council, Md. Habibur Rahman, company secretary along with a significant number of shareholders participated the meeting. The meeting approved Financial Statements of the Bank for the year ended 31 December 2024.
In his speech as chief guest Professor Dr. M. Zubaidur Rahman remarked the bank has faced many challenges in recent years. A group weakened the foundation of this top-tier institution. But with the new board of directors formed after 5 August 2024 and the joint efforts of the bank’s employees, Islami Bank started turning around. The bank has already cleared all its dues with Bangladesh Bank. This was possible with trust of its 2.5 crore clients and the general public.
He said that Islami Bank stands as a symbol of trust. He added that after the July Revolution, Bangladesh Bank appointed the current board to revive the institution and protect customer interests. Board members are working tirelessly to establish good governance and strengthen financial base, he said. He expressed gratitude to the clients and well-wishers for their trust, and thanked the shareholders for their encouragement.
A meeting of the board of directors of Islami Bank Bangladesh PLC was held on 10 December, 2025 Wednesday at the Islami Bank Tower. Professor Dr. M. Zubaidur Rahman, chairman of the bank, presided over the meeting. Mohammad Khurshid Wahab, chairman of the executive committee, Md. Abdus Salam, FCA, FCS, chairman of the audit committee, Professor Dr. M. Masud Rahman, chairman of the risk management committee & Md. Abdul Jalil, independent director, Md. Omar Faruk Khan, managing director and Md. Habibur Rahman, company secretary of the bank, attended the meeting.
A meeting of the board of directors of Islami Bank Bangladesh PLC was held on December 8, 2025 Monday at the Islami Bank Tower. Professor Dr. M. Zubaidur Rahman, chairman of the bank, presided over the meeting. Mohammad Khurshid Wahab, chairman of the executive committee; Md. Abdus Salam, FCA, FCS, chairman of the audit committee; Professor Dr. M. Masud Rahman, chairman of the risk management committee; Md. Abdul Jalil, independent director; Md. Omar Faruk Khan, managing director, Prof. Dr. Mohammad Abdus Samad, member secretary of Shari’ah Supervisory Council and Md. Habibur Rahman, company secretary of the bank, attended the meeting.
Islami Bank Tower
40, Dilkusha C/A
Dhaka - 1000,
Bangladesh
| 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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