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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.

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11 Feb 2024
IBCF Seminar Committee Meeting held

IBCF Seminar Committee meeting held on Sunday, the 11 February, 2024. A K M Nurul Fazal Bulbul, Convener of the Seminar Committee of IBCF presided over the mee

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15 Jan 2024
The 10th Meeting of the IBCF Research & Training Academy held

The 10th Meeting of the IBCF Research & Training Academy was held on January 15, 2024 (Monday) in the meeting room of Bangladesh Association of Banks (BAB)

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09 Dec 2023
Digital Islamic Banks in Bangladesh” Workshop held

“Digital Bank: Issues, Challenges, Opportunities and Potential for Digital Islamic Banks in Bangladesh” Workshop held IBCF Research & Training Academy

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18 Sep 2023
IBCF’s 40th Task Committee Meeting held

The 40th Task Committee Meeting of Islamic Banks Consultative Forum (IBCF) was held on Sunday, 18 September, 2023. Syed Waseque Md. Ali, Chairman, The Task Co

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17 Sep 2023
“Shariah Principles of Distribution of Profit to Participating Fund: Global & National Perspective” Workshop held

IBCF Research & Training Academy arranged a two dayslong workshop on “Shariah Principles of Distribution of Profit to Participating Fund: Global & Na

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09 Apr 2023
IBCF’s 39th Task Committee Meeting Held

The 39th Task Committee meeting of Islamic Banks Consultative Forum (IBCF) held on Monday, March 6, 2023. Syed Waseque Md. Ali, Chairman, Task Committee of IBC

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19 Feb 2023
Shariah Governance And Compliance Workshop Held

IBCF Research & Training Academy arranged a two days long workshop on “Shari’ah Governance and Compliance of Islamic Banks in Bangladesh” held on 18

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09 Feb 2023
IBCFs 63rdMeeting held

The 63rd Meeting of Islamic Banks Consultative Forum (IBCF) held on 09 February, 2023(Thursday). Prof. Md. Anwarul Azim Arif, Chairman, IBCF & Vice–Chanc

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24 Jan 2023
The 9th Meeting of the IBCF Research & Training Academy held

The 9th Meeting of the IBCF Research & Training Academy held on January 24, 2023(Tuesday) in the meeting Room of Bangladesh Association of Banks (BAB). A

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16 Apr 2022
Press Release of National Seminar 2022

Islamic Banks Consultative Forum (IBCF), the apex organization of the Islamic banks and banks having Islamic operations in Bangladesh organized a National semi

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10 Apr 2022
IBCFs 38th Task Committee Meeting held

The 38th Task Committee Meeting of Islamic Banks Consultative Forum (IBCF) was held on Monday, April 10, 2022, virtually. Dr. Mohammed Haider Ali Miah Chairman

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21 Mar 2022
IBCF’s 37th Task Committee Meeting held

The 37th Task Committee Meeting of Islamic Banks Consultative Forum (IBCF) was held virtually on Monday, March 21, 2022. Dr. Mohammed Haider Ali Miah, Chairm

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