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Dhaka Tribune

NCC Islamic banking launched

Considering the importance of Islamic banking in the socio-economic context of Bangladesh, NCC Bank has launched a full-fledged Islamic banking branch

Update : 27 Nov 2022, 06:47 PM

NCC Islamic, the shari'ah-based Islamic banking activities of NCC Bank Ltd has started its operations, and in this regard, Chairman of the bank Md Abul Bashar and Vice-Chairman Sohela Hossain formally inaugurated NCC Islamic Banking activities and flagship Islamic banking branch in Dhaka on November 27. 

Managing Director and CEO of the Bank Mohammad Mamdudur Rashid presided over the ceremony, reads a press release. 

Past Chairman and Chairman of the Risk Management Committee Alhaj Md Nurun Newaz, Past Chairman and Chairman of the Executive Committee SM Abu Mohsin, Director and Past Vice Chairman Khairul Alam Chaklader and Director Mohammed Sazzad Un Newaz along with Members of the Shari'ah Supervisory Committee Dr Md Anwar Hosain Molla were present on the occasion.

Deputy Managing Directors, Members of the Senior Management Team, Divisional Head of Head Office along with other Senior Branch Managers of NCC Bank Ltd and local elites and prominent businessmen, valued customers and well-wishers were also present at the inaugural ceremony. 

Chairman of the bank Md Abul Bashar in his speech said that NCC Bank is committed to providing the best and technology-based innovative banking services to meet the needs of the customers in a prompt and secure way. 

Considering the importance of Islamic banking in the socio-economic context of Bangladesh, NCC Bank has launched a full-fledged Islamic banking branch at Gulshan-2, Dhaka. 

In addition to this conventional banking, Shari'ah-based Islamic Banking will help to develop the overall economy of the country as well as the banking sector. He urged the businessmen and professionals to avail the facilities offered by NCC Islamic to expand their ventures. 

Mohammad Mamdudur Rashid said that considering the present condition, challenges and prospects for the development of Islamic banking in Bangladesh, NCC Bank with the permission of Bangladesh Bank has started Shari'ah-based Islamic Banking activities. 

Initially, we started a full-fledged Islamic banking branch as well as an Islamic banking Service Desk in other 04 branches. Gradually we will introduce an Islamic banking Service Desk in all of our branches and sub-branches. 

He also said that the products and services are designed in line with the guideline of the Holy Qur'an and Hadith in full compliance with shari'ah law.


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