15pc deposit lies with Islamic banking
Wednesday, 3 December 2008
FE Report
Murshid Kuli Khan, deputy governor of Bangladesh Bank said 15 per cent of total deposit and 16 per cent of total investment are under the Islamic banking.
"There are about 6500 branches in the country's banking network of whom only 370 branches offering Islamic banking, yet 15 per cent of total deposit and 16 per cent of total investment are under their control," Khan said addressing as chief guest at the closing and certificate awarding ceremony of a six-day training course on Islamic banking held in the city recently, says a press release.
Central Shariah Board for Islamic Banks of Bangladesh (CSBIB) organised the training course titled 'Shariah Compliance in Islamic Banking Operations' in participation with selected executives and officers from Bangladesh Bank and various commercial banks. It was the 16th training course organised by CSBIB.
Chairman of the board Mufti Abdur Rahman presided over the ceremony.
CSBIB Executive Committee Chairman Shah Abdul Hannan was present as special guest.
Murshid Kuli Khan said in his speech that Bangladesh Bank has taken various steps to assist Islamic banking in Bangladesh. He called upon the Central Shariah Board to prepare a unique Shariah guideline for all Islamic banks operating in Bangladesh.
Shah Abdul Hannan called upon Bangladesh Bank management to play due role in line with the advancement of Islamic banking in Bangladesh.
Mufti Abdur Rahman urged all concerned to operate Islamic banking with compliance of Shariah and Islamic jurisprudence properly.
As the chief guest of the ceremony Murshid Kuli Khan distributed certificate among the participants.
A total of 25 participants from Bangladesh Bank, Sonali Bank Ltd, Islami Bank Bangladesh Ltd, Social Investment Bank Ltd, Shahjalal Islami Bank Ltd, Exim Bank Ltd, The Premier Bank Ltd, Jamuna Bank Ltd, Trust Bank Ltd and First Security Bank Ltd attended the training course.
Murshid Kuli Khan, deputy governor of Bangladesh Bank said 15 per cent of total deposit and 16 per cent of total investment are under the Islamic banking.
"There are about 6500 branches in the country's banking network of whom only 370 branches offering Islamic banking, yet 15 per cent of total deposit and 16 per cent of total investment are under their control," Khan said addressing as chief guest at the closing and certificate awarding ceremony of a six-day training course on Islamic banking held in the city recently, says a press release.
Central Shariah Board for Islamic Banks of Bangladesh (CSBIB) organised the training course titled 'Shariah Compliance in Islamic Banking Operations' in participation with selected executives and officers from Bangladesh Bank and various commercial banks. It was the 16th training course organised by CSBIB.
Chairman of the board Mufti Abdur Rahman presided over the ceremony.
CSBIB Executive Committee Chairman Shah Abdul Hannan was present as special guest.
Murshid Kuli Khan said in his speech that Bangladesh Bank has taken various steps to assist Islamic banking in Bangladesh. He called upon the Central Shariah Board to prepare a unique Shariah guideline for all Islamic banks operating in Bangladesh.
Shah Abdul Hannan called upon Bangladesh Bank management to play due role in line with the advancement of Islamic banking in Bangladesh.
Mufti Abdur Rahman urged all concerned to operate Islamic banking with compliance of Shariah and Islamic jurisprudence properly.
As the chief guest of the ceremony Murshid Kuli Khan distributed certificate among the participants.
A total of 25 participants from Bangladesh Bank, Sonali Bank Ltd, Islami Bank Bangladesh Ltd, Social Investment Bank Ltd, Shahjalal Islami Bank Ltd, Exim Bank Ltd, The Premier Bank Ltd, Jamuna Bank Ltd, Trust Bank Ltd and First Security Bank Ltd attended the training course.