Al-Arafah Islami Bank launches four new CMSME investment products

Al-Arafah Islami Bank launches four new CMSME investment products

Al-Arafah Islami Bank PLC has launched four new Shariah-compliant CMSME investment products, Nisa, Tijara, Al-Awana, and Al-Tawfiq, to strengthen the financial capacity of the CMSME sector. The products were inaugurated by the bank's Managing Director & CEO Mohd. Rafat Ullah Khan as the chief guest at a ceremony held at the bank's head office. Nisa and Tijara offer collateral-free Shariah-compliant investment facilities, while Al-Awana and Al-Tawfiq provide investment facilities against collateral. Deputy Managing Directors Md. Fazlur Rahman Chowdhury, Mohammed Hossain, S. M. Abu Jafar, and Syed Abul Hashem were also present.