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Emphasised Uniform Shariah Compliance in Islamic Banking

The 50th Meeting of Islamic Banks Consultative Forum (IBCF) was held on Sunday the 29th January, 2017 at Bangladesh Association of Banks (BAB). Mr. A K M Nurul Fazal Bulbul, Vice-Chairman of IBCF was presided over the meeting.

Newly elected Chairman of IBCF Mr. Arastoo Khan in his welcome speech emphasised Uniform Shariah Compliance in all Islamic Banks. Mr. Khan also requested all the Islamic Banks to introduce Uniform Accounting System for easy understanding of all stake-holders.

Meeting also decided to hold a National Seminar on “Islamic Banking” in June 10, 2017 (Saturday) at Pan Pacific Sonargaon Hotel, Dhaka.

Mr. Md. Abdul Hamid Miah, Managing Director & CEO, Islami Bank Bangladesh Ltd. has been selected as Chairman while Dr. Mohammed Haider Ali Miah, Managing Director & CEO, EXIM Bank Ltd. & Mr. Sayed Waseque Md. Ali, Managing Director & CEO, First Security Islami Bank Ltd. has been selected as Co-Chairmen, Task Committee of IBCF also decided in its Meeting.

The meeting was attended among others by Major (Retd.) Dr. Md. Rezaul Haque, Chairman, Social Islami Bank Limited, Engr. Mohammad Towhidur Rahman, Chairman, Shahjalal Islami Bank Limited, Mr. Rumee A Hossain, Chairman, Executive Committee, Bank Asia Limited, Mr. Ihsanul Aziz, Managing Director (C.C), Social Islami Bank Ltd, Mr. Mohammad Shahjahan, Additional Managing Director, Southeast Bank Ltd, Mr. Kazi Towhidul Alam, Deputy Managing Director, Al-Arafah Islami Bank Ltd, Mr. Shahjahan Shiraj, Deputy Managing Director, Shahjalal Islami Bank Limited. About 20 (twenty) delegates of 11 Member Banks attended the Meeting.