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Risk Management in Islamic Banks Training held

IBCF Research & Training Academy arranged a daylong training program on ‘’Risk Management in Islamic Banks” held on October 21, 2017 at BAB office, Gulshan Dhaka. 22 (twenty two) mid level executives of 10 Islamic Banks and having Islamic Banking Branches & windows took part in the training program. Mr. Arostoo Khan, Chairman of IBCF & IBBL distributed certificates among the participants as chief guest. A K M Nurul Fazal Bulbul, Vice Chairman, IBCF presided over the certificate awarding ceremony.

The Chief Guest, Mr. Arostoo Khan, in his speech emphasized introduction of SUKUK or any other Islamic bonds in the Islamic financial sector of Bangladesh. He also emphasized on the innovation of new instruments to solve the problems of liquidity management of Islamic banks.

He advised all the Islamic banks to increase the investment of Mudaraba & Musharaka and to evolve modern customer-friendly products. He also stressed the participants to be more knowledgeable on risk management, develop awareness and underscored the need of training in this regard.

Among others Mr. Md. Fariduddin Ahmed former Managing Director IBBL & EXIM Bank Ltd, spoke on the closing ceremony. He felt that the Islamic banks would be Islamic not Islamized. He urged the participants to follow all the terms & conditions of the Islamic investment system for reducing the risk. He also pointed out that the Islamic Investment has inbuilt risk management system.

The Key resource persons of the training program was Md. Abdur Rahman Sarker, Secretary General, BAB, Former MD & CEO National Bank Ltd. & Shahjalal Islami Bank Ltd. and Md. Mahbub Ul Alam, Additional Managing Director of Islami Bank Bangladesh Ltd.