Chattogram North Zone of Islami Bank Bangladesh Limited organized Shariah Awareness Conference on Saturday at virtual platform.
Professor Dr. Md. Salim Uddin, FCA, FCMA, Chairman, Executive Committee of the bank addressed the conference as chief guest. Mohammed Monirul Moula, Managing Director and CEO of the Bank addressed the program as special guest.
Prof. Dr. Mohammad Abdus Samad, Member Secretary of IBBL Shariah Supervisory Committee discussed on the issue. Md. Nayer Azam, Head of Chattogram North Zone, Md. Shamsuddoha, Executive Vice President of the Bank and Head of Branches under Chattogram North Zone attended the Conference. Professor Dr. Md. Salim Uddin, FCA, FCMA in his speech as the chief guest said that the popularity of Shariah based banking is gradually increasing worldwide.
About 5 percent of global finance is being operated in accordance with Shariah principle.
He said, the growth of Shariah-based banking in Bangladesh is much higher than other countries in the world. Noting that 25 per cent of the country's banking is being conducted under Islamic banking, he said that Islamic banking is governed by both Shariah principles and conventional law.
