Shahjalal Islami Bank plc announced unsecured subordinated bond of BDT 500.00 crore only divided into 5,000 bond of BDT 1.00 million each at par through private placement. The purpose of the proposed bond is to strengthen the capital base of the Bank that is for raising of Tier 2 capital through issuance of 7 years Redeemable SJIBL 3rd Mudaraba Floating Rate, Non-Convertible.