Al-Arafah Islami Bank launches drive to boost investment recovery
Al-Arafah Islami Bank PLC has initiated a drive to recover classified investments, aiming to bolster its financial position and inject renewed vigour into its investment management.
The two-month "Classified Investment Recovery Campaign" will run from 1 July to 31 August 2026. Mohd Rafat Ullah Khan, Managing Director and CEO, inaugurated the campaign as chief guest at a ceremony at the bank's head office on Tuesday.
The initiative seeks to expedite the recovery of classified investments, improve client engagement, and drive more effective investment management.
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Bank officials will receive cash incentives to encourage and accelerate recovery efforts.
Managing Director and CEO Mohd Rafat Ullah Khan stated that recovering classified investments is essential for the bank's financial stability and supports the expansion of new investments and broader economic activity.
He expressed confidence that the concerted efforts and coordinated initiatives of all involved would ensure the campaign's success and contribute significantly to the bank's sustainable growth.
Deputy Managing Directors Md Fazlur Rahman Chowdhury, Md Asaduzzaman Bhuiyan, Md Aminul Islam Bhuiyan, Mohammed Hossain, S M Abu Jafar and Sayed Abul Hashem FCA, FCMA; Senior Executive Vice Presidents Aktar Kamal, Md Monjurul Alam, Eng Md Habib Ullah, Mohammad Abdul Mobin, Kamal Hossain FCA, Md Touhiduzzaman Fuad and Md Abdul Wadud; Acting Company Secretary Mohammad Moniruzzaman FCA; and other senior executives attended the event.
All branch managers joined the programme virtually.
