Islamic banking will be 'more widespread soon'
Monday, 26 July 2010
FE Report
Islamic banking will be more widespread in near future, said AHM Mustafa Kamal MP, chairman of the parliamentary standing committee on the finance ministry, at a ceremony in the city Saturday.
"Nowadays Islami Shariah-based banking system is being incorporated even by the non-Muslim countries also. It has become possible only because Islami banking is the best way of banking. Very soon this banking system will be executed by the other countries of the world," said Mustafa Kamal.
He was speaking as the chief guest at the inaugural ceremony of the country's first ever "Expatriate Customer Service Month" organised by Islami Bank Bangladesh Ltd (IBBL).
Professor Abu Nasser Muhammad Abduz Zaher, chairman of IBBL, presided over the programme while Ahmed Jamal, managing director of Bangladesh Bank, Hasif Aziz, additional secretary of foreign ministry, Mohammad Abul Bashar, president of Bangladesh Association of Recruiting Agencies (BARA), Muhammad Yousuf Abdullah Al Razi, representative of Al Razi Company for Trade, Saudi Arabia and Professor Dr Abdul Hamid Fuad Al Khatib of King Abdul Aziz University, Saudi Arabia, among others, spoke as the special guests.
Mustafa Kamal thanked the immigrants for their praiseworthy job.
"You keep the pace of our economy intact by your hard work," he said.
He also thanked IBBL for their outstanding performance home and abroad. "IBBL is a real Islami Shariah-based bank," said the chief guest.
In his speech Abduz Zaher informed that this year $ 1,490 million of foreign remittance out of $ 5,420 million was transferred through IBBL, which is 28 per cent of the total remittance.
Islamic banking will be more widespread in near future, said AHM Mustafa Kamal MP, chairman of the parliamentary standing committee on the finance ministry, at a ceremony in the city Saturday.
"Nowadays Islami Shariah-based banking system is being incorporated even by the non-Muslim countries also. It has become possible only because Islami banking is the best way of banking. Very soon this banking system will be executed by the other countries of the world," said Mustafa Kamal.
He was speaking as the chief guest at the inaugural ceremony of the country's first ever "Expatriate Customer Service Month" organised by Islami Bank Bangladesh Ltd (IBBL).
Professor Abu Nasser Muhammad Abduz Zaher, chairman of IBBL, presided over the programme while Ahmed Jamal, managing director of Bangladesh Bank, Hasif Aziz, additional secretary of foreign ministry, Mohammad Abul Bashar, president of Bangladesh Association of Recruiting Agencies (BARA), Muhammad Yousuf Abdullah Al Razi, representative of Al Razi Company for Trade, Saudi Arabia and Professor Dr Abdul Hamid Fuad Al Khatib of King Abdul Aziz University, Saudi Arabia, among others, spoke as the special guests.
Mustafa Kamal thanked the immigrants for their praiseworthy job.
"You keep the pace of our economy intact by your hard work," he said.
He also thanked IBBL for their outstanding performance home and abroad. "IBBL is a real Islami Shariah-based bank," said the chief guest.
In his speech Abduz Zaher informed that this year $ 1,490 million of foreign remittance out of $ 5,420 million was transferred through IBBL, which is 28 per cent of the total remittance.