Islami Bank Bangladesh PLC has completed a comprehensive review of its Shariah governance framework as part of its ongoing efforts to strengthen, modernise and future-proof its Shariah-compliant banking operations. The review was conducted through a formal meeting of the bank’s Shariah Supervisory Committee, held on Tuesday, 27 January 2026, at Islami Bank Tower in Dhaka. […]

In a significant move towards enhancing corporate employee welfare, Astha Life Insurance Company Limited has formalised a comprehensive group insurance agreement with the Sweet Group. The signing ceremony took place on Wednesday, 28 January, at the corporate headquarters of Astha Life, marking a strategic partnership aimed at providing financial security to a diverse workforce. The […]

In a move that has raised eyebrows across the financial sector, Green Delta Insurance PLC has been selected to receive the “IDRA Insurance Excellence Award 2025,” despite a sustained period of deteriorating financial performance. The Insurance Development and Regulatory Authority (IDRA) is set to confer the honour on 29 January, citing the company’s “outstanding performance” […]

Bangladesh Bank has opted to maintain its tight monetary stance for the second half of the 2026–27 fiscal year, underlining once again that containing inflation remains its overriding priority. In the monetary policy statement covering January to June, the central bank made clear that it is not yet prepared to ease conditions, despite sustained pressure […]

Bangladesh Bank to Liquidate Six Ailing NBFIs The Bangladesh Bank has delivered a decisive blow to the country’s fractured non-bank financial sector, formalising a plan to liquidate six Non-Bank Financial Institutions (NBFIs) crippled by systemic corruption and gross mismanagement. Following a high-level board meeting on 27 January, the regulator confirmed that these entities have reached […]

The Association of Bankers, Bangladesh (ABB) has proposed a bold and unprecedented set of measures to the central bank aimed at tackling the country’s mounting non-performing loans (NPLs), including publicly naming loan defaulters and imposing strict administrative restrictions on them. In a formal letter to Bangladesh Bank Governor Ahsan H Mansur, ABB Chairman Mashrur Arefin […]

Zenith Islami Life Insurance PLC, one of Bangladesh’s fast-growing Shariah-compliant life insurers, recorded a landmark year in 2025, posting robust growth across premium income, new business acquisition, life fund accumulation, investments and claims settlement. The company’s performance reflects a combination of disciplined management, customer confidence and a clear commitment to ethical Islamic insurance principles. During […]