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O you who believe, do not devour each other’s property by false means, unless it is (lawful) trade conducted with your mutual consent.[Surah al-Nisa, 29]

Allah has permitted trading and forbidden riba (i.e. usury, interest) [Surah al-Baqarah, 275]

O you who believe, do not devour each other’s property by false means, unless it is (lawful) trade conducted with your mutual consent.[Surah al-Nisa, 29]

Welcome To Islamic Banks Consultative Forum (IBCF)

Forum of the Islamic Banking Industry of Bangladesh

Islamic Banks Consultative Forum (IBCF), the apex body of Sharia’h based Banking Industry working in Bangladesh started its operation on 11 October 1995 to establish effective interaction among all Islamic Banks and Banks having Islamic Banking branches, to march to the same goal, to be united on all issues, to establish Islamic Money Market and to strengthen the interest free Islamic and Shariah based banking system in Bangladesh.

 

Now, Islamic Banking system has attained mass popularity in Bangladesh. As a result, area of Islamic Banking is increasing day by day. Besides the Conventional Banks & Islamic Banks are working unitedly. From the very starting, IBCF is marching forward. After the successful completion of 21 years, the Members of IBCF became 14 (fourteen). These 14 Banks are working with the same goals and objectives to establish interest free banking system in Bangladesh.

Upcomming Event

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23 Jul 2025
Extra-ordinary General Meeting (EGM)

An Extra-ordinary General Meeting (EGM) of Islamic Banks Consultative Forum (IBCF) held on July 23, 2025 in the Board Room of Bangladesh Association of Banks (

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29 May 2025
Emergency Meeting of IBCF

An Emergency Meeting of Islamic Banks Consultative Forum (IBCF) held on May 29, 2025 (Thursday) in the Board Room of Bangladesh Association of Banks

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13 Apr 2025
IBCFs 66th  Meeting held

The 66th Meeting of Islamic Banks Consultative Forum (IBCF) held on April 13, 2025 (Sunday) in the Board Room of Bangladesh Association of Banks (BAB).  Mo

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23 Mar 2025
Seminar on “Shariah Governance in Islamic Banking : Practice and Reality”

IBCF organized a national seminar titled “Shariah Governance in Islamic Banking in Bangladesh: Practice and Reality” on 23 March, 2025. Professor Niaz A

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10 Mar 2025
The 42nd Meeting of the Task Committee of IBCF held

The 42nd Meeting of the Task Committee of IBCF held on 10 March,2025 in the Board Room of Shahjalal Islami Bank PLC. Mohammed Monirul Moula, Chairman of the

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06 Mar 2025
IBCF Seminar Committee Meeting held

1st meeting of the seminar committee of IBCF held on 6 March 2025 in the Board Room of Global Islami Bank PLC. Mr. A K M Nurul Fazal Bulbul, Convener of

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02 Mar 2025
IBCF’s 41st Task Committee Meeting held

The 41st Task Committee Meeting of Islamic Banks Consultative Forum (IBCF) was held on Sunday, 2 March, 2025, in the Board Room of Global Islami Bank PLC. Jb Mo

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23 Feb 2025
IBCFs 65th  Meeting held

The 65th Meeting of Islamic Banks Consultative Forum (IBCF) held on February 23, 2025 (Sunday). Mr. Mohammad Abdul Mannan Chairman, IBCF & First Security Is

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25 Nov 2024
Industry Leaders Dialogue On “Draft Islamic Bank Company Act 2024”

Islamic Banks Consultative Forum (IBCF), the apex organization of Islamic banks of the country organized the ‘Industry Leaders Dialogue’ to discuss on the

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10 Nov 2024
IBCF meeting on Islamic Banking Act-2024

A meeting of Islamic Banks Consultative Forum (IBCF) held on Sunday, November 10, 2024. Mohammad Abdul Mannan, Chairman of Islamic Banks Consultative Forum (IB

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22 Sep 2024
IBCF Chairman, Vice Chairmen and Advisor Elected

The 64th Meeting of Islamic Banks Consultative Forum (IBCF) held on September 22, 2024 (Sunday). A K M Nurul Fazal Bulbul, Vice- Chairman of Islamic Banks Cons

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22 Jun 2024
“Merger/Amalgamation/Acquisition of Banks & Financial Institutions” daylong workshop held

Islamic Banks Consultative Forum (IBCF) Research & Training Academy arranged a daylong workshop on “Merger/Amalgamation/Acquisition of Banks & Finan

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