AL-ARAFAH ISLAMI BANK PLC.

Al-Arafah Islami Bank PLC is an Islamic commercial bank headquartered in Dhaka, Bangladesh, providing Shariah-compliant banking services primarily to the Bangladeshi market. Its business typically covers deposits, investment financing, trade finance, remittances, retail banking and corporate banking. The bank was established in the mid-1990s and is one of the earlier Islamic banking institutions in Bangladesh. Owing to a lack of sufficiently reliable and verifiable public material, information on its founders, development stages, current management and specific operating scale is not covered in this entry.

Al-Arafah Islami Bank was established in Bangladesh in 1995 as a commercial bank operating according to Islamic finance principles. Its business developed within Bangladesh's growing Islamic banking market, serving individuals, companies, trade clients and customers requiring remittance and investment-financing services. As a banking institution, its offering has centered on deposits, investment financing, trade finance and other commercial banking services. Reliable public information was not sufficient to document its later expansion, branch development, management changes and operating performance in detail, so no further claims are made here.

• 1995

  Bank founded

  Al-Arafah Islami Bank was established in Bangladesh and began providing commercial banking services in accordance with Islamic finance principles.

A Bangladesh-based commercial bank centered on Shariah-compliant finance.

• Islamic deposit and investment accounts

  Account-based services for individual and institutional customers, structured according to Islamic banking principles for deposits, savings and related investment arrangements.

• Corporate and SME financing

  Financing services for corporate and small-business customers, supporting working capital, commercial investment and other business needs through Islamic finance structures.

• Trade finance

  Banking services supporting import, export and commercial trade activities, including finance and transaction-related services for trade customers.

• Remittance services

  Remittance and related money-transfer services for individuals and businesses, supporting domestic and cross-border fund flows involving Bangladesh.