Al Haramain Securities Limited (AHSL), a new stock brokerage house in the country, started operation on Thursday to facilitate trading to investors in capital markets.
Bangladesh Securities and Exchange Commission (BSEC) Chairman Professor Shibli Rubayat-Ul-Islam inaugurated the securities house as chief guest at its head office at Jamuna Future Park in the capital, reads a press release.
Dhaka Stock Exchange (DSE) Chairman Eunusur Rahman was present as a special guest while Al Haramain Perfumes Group & NRB Bank Chairman Mohammed Mahtabur Rahman presided over the meeting.
The AHSL is a sister concern of Al Haramain Perfumes Group.
Rupayan Group Chairman Liaquat Ali Khan Mukul, former Railways secretary Selim Reza, Jamuna Group Director Abdul Wadud, City Bank Chairman Aziz Al-Kaiser, Shajahal Islamic Bank Chairman Mohammed Younus also joined the celebration.
Addressing the function, BSEC Chairman Prof Shibli Rubayat-Ul-Islam said that Al Haramain Securities had adopted the latest innovations in trading in the capital market.
"The new trading companies have proved their excellence in the market. Al Haramain Securities has set up an office at Jamuna Future Park which inspires potential investors from Bashundhara, Baridhara area in securities trading," he said.
The stock regulator chief claimed that the country's economy is stable as the central bank has an import payment bill for at least three months. Prof Shibli urged all to avoid propaganda about the money market on social media to lead the country to the next level of development.
The stock regulator applauded the contribution of Al Haramain Group Chairman Mahtabur Rahman for supporting the country's economy from abroad.
In his speech, DSE Chairman Eunusur Rahman appreciated the technology infrastructure of AHSL as a new company in the market.
"The Al Haramain Group has attained global attraction in the fragrance industry. The debut of the company in securities trading will attract international investors too," he said.
Al Haramain Group Chairman Mahtabur Rahman said the capital market has emerged as a new window for a flourishing economy.
"There are many foreign investors who pledged investment in Bangladesh through the capital market. The investors regained the trust market which was revived under the leadership of Prof Shibli Rubayat-Ul-Islam. The securities commission has gone through significant reformation in the last couple of years," he said.
The Al Haramain Group founder urged investors to learn audited annual reports before investing in securities of any company.
AHSL Chairman Mohammed Oliur Rahman, Adviser Mohammad Humayun Kabir and chief executive officer Shamsuzzaman Uzzal also spoke on the occasion.
