First Security Islami Bank PLC. (FSIB), formerly First Security Islami Bank Limited, is a Bangladesh-based full-fledged Shariaâh compliant bank. FSIBLâs products include Deposit Scheme, Investment Schemes, FSIB card, and Agent Banking. FSIBLâs also provides digital banking services which includes FSIB cloud, FirstCash, short message service (SMS) banking, and corporate banking. Its Deposit Scheme includes Mudaraba Savings Account, Foreign Currency Account, Mudaraba Term Deposit, AL Wadiah Account, and Mudaraba Scheme Account. Its Investment Scheme include Bai-Mechanism, Share Mechanism, and Ijara Mechanism. Its services include Inter Bank Fund Transfer, utility bill payment, e-government procurement, locker service, and Tasdir. Its FirstCash provides secure and convenient money transfer and payment services to the people of Bangladesh through mobile phones. FSIBL has approximately 205 branches, 174 sub-branch, and 104 agent outlets.
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