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Al-Arafah Islami Bank

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A Bangladeshi Islamic bank providing banking services in accordance with Islamic finance principles.

Last updated November 4, 2026

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Overview

Al-Arafah Islami Bank is an Islamic commercial bank in Bangladesh whose business focuses on Shariah-compliant deposits, investment financing, trade finance, and related banking services. Established in Bangladesh in the 1990s, the bank serves individuals, businesses, and other institutional clients. Unlike conventional interest-based banking, Islamic banks typically structure financial services through profit-sharing, trade finance, leasing, or other asset- and transaction-based arrangements. Al-Arafah Islami Bank's brand positioning rests mainly on Islamic finance, domestic banking services in Bangladesh, and support for commercial clients. This entry makes no further claims about its specific branch network, asset size, current management, or latest operating performance without reliable sources.

History

Al-Arafah Islami Bank was established in Bangladesh in the 1990s as an Islamic commercial bank. Its operating model is based on arranging deposits, investment financing and other banking services in accordance with Islamic finance principles for individual, corporate and institutional customers. Over time, the bank developed a positioning centered on domestic banking services and Islamic financial products. The available material does not provide sufficient reliable detail to expand on its licensing history, past leadership, branch expansion, capital changes or major strategic shifts.

  • 1995

    Bank founded

    Al-Arafah Islami Bank was established in Bangladesh and began operations as an Islamic commercial bank.

Products and positioning

A Bangladesh-based Islamic commercial bank providing Shariah-compliant banking services to individual, corporate, and institutional clients.

  • Islamic deposits

    Deposit and account services for individual and institutional customers structured according to Islamic finance principles. Specific account names, return arrangements and eligibility conditions depend on the bank’s product rules.

  • Investment financing

    Financing services structured according to Islamic finance principles, commonly involving trade, assets, leasing or profit-sharing arrangements to support individual and business funding needs.

  • Trade finance

    Banking services for corporate customers involved in domestic or international trade, potentially including settlement, trade support and related arrangements; the exact scope depends on the bank’s current product materials.

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