Islami Bank Bangladesh PLC (the Bank), formerly Islami Bank Bangladesh Limited, is a commercial bank. The Bank is a joint venture public limited company. The Bank renders general banking, commercial investment, and foreign exchange services. The Bank is also an operator of Islamic microfinance. The Bankâs deposit products include Al-Wadeah Current Account, Mudaraba Special Notice Account (MSNA), Mudaraba Foreign Currency Deposit Account (MFCD), Mudaraba Waqf Cash Deposit Account (MWCDA), and others. The Bank offers various monthly savings schemes, term deposit products, and savings account products. The Bank offers various modes of investment, such as BAI-Modes, Share-Modes, and IJARA-Modes. The Bankâs foreign exchange businesses include import financing, export financing, Bai-Salam (Pre-shipment), Musharaka Documentary Bill (MDB) Inland, and others. The Bank offers various other services, including inter-bank fund transfer, corporate services, utility bill payment and others.
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