Islamic banking in bangladesh

Islamic banking to be off limits to regular banks

A bank will not be able to do Islamic banking business along with conventional banking at the same time, according to the draft ‘Islami Bank Company Act-2024’, as the central bank looks to level the playing field for Shariah-based banks.

Governor defends liquidity support to cash-strapped Islamic banks

BB's liquidity support to cash-strapped Islamic banks are as per the governor's power, says BB chief Abdur Rouf Talukder

Cash crunch lingers at crisis hit Islamic Banks

Five Shariah-based banks are still experiencing liquidity crisis despite significant support from the central bank

Liquidity stress at Islamic banks shows no sign of abating

Liquidity in Shariah-based banks in Bangladesh remains tight due to a dip in deposit collection and the banks’ inability to make the most of the central bank support to overcome the situation, Moody’s Investors Service said in a report.

Islamic banks face liquidity challenges

The Islamic banking sector in Bangladesh continues to face liquidity challenges because of weak governance and regulatory quality, Fitch Ratings said.

Islamic banks’ profitability shrinks in 2018

Shariah-based banks’ net profit margin declined to 2.2 percent in 2018 from 3 percent a year earlier at a time when the banking sector’s rose, found a recent study. The banking sector’s net profit margin improved to 3 percent from 2 percent last year, according to the study titled “Islamic Banking Operation of Banks-2018”.

November 10, 2024
November 10, 2024

Islamic banking to be off limits to regular banks

A bank will not be able to do Islamic banking business along with conventional banking at the same time, according to the draft ‘Islami Bank Company Act-2024’, as the central bank looks to level the playing field for Shariah-based banks.

January 17, 2024
January 17, 2024

Governor defends liquidity support to cash-strapped Islamic banks

BB's liquidity support to cash-strapped Islamic banks are as per the governor's power, says BB chief Abdur Rouf Talukder

December 5, 2023
December 5, 2023

Cash crunch lingers at crisis hit Islamic Banks

Five Shariah-based banks are still experiencing liquidity crisis despite significant support from the central bank

September 16, 2023
September 16, 2023

Liquidity stress at Islamic banks shows no sign of abating

Liquidity in Shariah-based banks in Bangladesh remains tight due to a dip in deposit collection and the banks’ inability to make the most of the central bank support to overcome the situation, Moody’s Investors Service said in a report.

September 14, 2023
September 14, 2023

Islamic banks face liquidity challenges

The Islamic banking sector in Bangladesh continues to face liquidity challenges because of weak governance and regulatory quality, Fitch Ratings said.

May 16, 2019
May 16, 2019

Islamic banks’ profitability shrinks in 2018

Shariah-based banks’ net profit margin declined to 2.2 percent in 2018 from 3 percent a year earlier at a time when the banking sector’s rose, found a recent study. The banking sector’s net profit margin improved to 3 percent from 2 percent last year, according to the study titled “Islamic Banking Operation of Banks-2018”.