Midland Bank converts Banani branch into full-fledged Islamic banking branch
Midland Bank PLC (MDB) has converted its Banani branch into a full-fledged Islamic banking branch, aiming to broaden access to Shariah-compliant banking services.
Midland Bank Managing Director Imtiaz U Ahmed inaugurated the Banani Islami Banking Branch alongside the bank's Shariah Supervisory Committee Chairman Dr Mufti Muhammad Abu Sayeed Khan and members Dr Abu Yousuf Md Nesar Uddin and Dr Muhammad Shahjahan Madani, according to the press release.
The branch is located at Nilufar Heights, B-52, first floor, Kamal Ataturk Avenue, Banani, Dhaka.
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Deputy Managing Director and Chief Risk Officer Md Zahid Hossain, Deputy Managing Director and Chief Technology Officer Md Nazmul Huda Sarkar, customers and other senior officials of the bank attended the inauguration ceremony.
The Banani Islami Banking Branch will provide a comprehensive range of Shariah-compliant deposit, investment and other modern banking services to both individual and corporate clients.
The bank said its Islamic banking operations adhere strictly to Shariah principles under the guidance of its Shariah Supervisory Committee and comply with all relevant Bangladesh Bank guidelines.
The conversion reflects Midland Bank's commitment to expanding its Islamic banking presence and offering customers accessible, modern and Shariah-compliant financial solutions.
With the launch of the full-fledged Banani Islami Banking Branch, Midland Bank aims to meet the growing demand for Shariah-based financial services among customers and businesses in Banani and neighbouring areas.
