Islami Bank holds Shariah supervisory committee meeting

The Shariah supervisory committee of Islami Bank Bangladesh PLC held a meeting on Sunday, October 18, at the Islami Bank Tower. Mufti Shamsuddin Zia presided over the meeting as chairman. Other attendees included managing director Md Altaf Hossain and committee members Prof Nakib Muhammad Nasrullah, Prof Md Shamsul Alam, Prof Zubair Mohammad Ehsanul Hoque, and Md Nurullah, according to the Dhaka Tribune Business.

In a separate development, Finance Minister Muhammad Aurangzeb met with delegations from Sharjah Islamic Bank, Abu Dhabi Commercial Bank, and Ajman Bank, as well as UNDP chief Alexander De Croo, during the IMF-World Bank meetings in Bangkok. Business Recorder reports that the discussions focused on financing, investment opportunities, debt management, infrastructure development, and climate resilience.

During talks with Sharjah Islamic Bank, the minister discussed Sukuk issuance and Panda bonds, with the bank expressing readiness to participate in a Sukuk issuance.

Brief written by urgent.news from Dhaka Tribune Business, Business Recorder — 2 reports on this story. Machine-written — may contain errors; check the original before relying on it.