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Bangladesh

Bank Asia Marks 17 Years of Shariah Banking

Khabor Wala Desk

Published: 29th December 2025, 1:41 PM

Bank Asia Marks 17 Years of Shariah Banking

Dhaka, 24 December 2025 – Bank Asia PLC, a leading financial institution in Bangladesh, celebrated the 17th anniversary of its Islamic Banking Services on Wednesday, highlighting its pivotal role in the growth of the country’s Sharia-compliant banking sector. The occasion was marked with a formal discussion session and a Dua Mahfil at the Bank Asia Tower in Kawran Bazar, attended by senior bank officials, renowned Islamic scholars, and distinguished guests.

Prominent attendees included Mufti Shahed Rahmani, former Chairman of the Sharia Supervisory Committee; Maulana Shah Mohammad Wali Ullah, former Member Secretary; Maulana Mohammad Mofazzal Hossain Khan, member of the Fiqh Committee; and Dr. Maulana Muhammad Ismail Hossain. Their presence underscored Bank Asia’s longstanding commitment to Sharia compliance and ethical banking practices.

Deputy Managing Director Mr. Arakul Arafin, along with other Deputy Managing Directors, departmental heads, and senior executives, emphasised the milestone’s significance and the bank’s continued dedication to delivering responsible financial solutions.

Since commencing operations on 24 December 2008, Bank Asia Islamic Banking has offered a range of Sharia-compliant services, including deposits, investment solutions, and financing products. Guided by principles of ethics, transparency, and strict adherence to Islamic law, the bank has ensured trustworthy and customer-centric banking solutions across Bangladesh.

The anniversary event also featured in-depth discussions on innovation in Islamic finance, the adoption of digital banking solutions, and strategies to enhance customer experience. Senior officials and religious scholars highlighted the critical role of Sharia-compliant banking in promoting sustainable economic development and expanding financial inclusion across all regions of the country.

Bank Asia Islamic Banking: Key Information

Aspect Details
Launch Date 24 December 2008
Years of Operation 17 years
Services Offered Deposits, Investment Solutions, Financing Services
Core Objectives Sharia Compliance, Ethical Banking, Customer-Centric Services
Notable Anniversary Guests Mufti Shahed Rahmani, Maulana Shah Mohammad Wali Ullah, Maulana Mohammad Mofazzal Hossain Khan, Dr. Maulana Muhammad Ismail Hossain, Mr. Arakul Arafin

Over nearly two decades, Bank Asia Islamic Banking has solidified its reputation as a reliable and credible financial partner. By consistently providing ethical and Sharia-compliant solutions, the bank continues to meet the evolving needs of its customers while contributing to the broader development of Bangladesh’s financial landscape.

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