Business Summary
Al-Arafah Islami Bank PLC. is a banking company. The Company's principal activity is to provide a range of financial services, including commercial banking, consumer banking, trade finance, and other related custody and clearing services to the customers. The Company conducts its business on the principles of Musharaka, Bai-Murabaha, Bai-Muazzal, and Hire Purchase transactions approved by Bangladesh Bank. The Company has approximately eight branches in Bangladesh and 208 branches all over the country. Its subsidiaries include AIBL Capital Market Services Limited and AIBL Capital Management Limited. AIBL Capital Market Services Limited is in the business of share trading and margin facilities. AIBL Capital Management Limited is in the business of merchant banking, issue management, portfolio management, underwriting, corporate advisory services, pre- Initial Public Offering (IPO) placement, investment analysis and research.
Country of Incorporation
Bangladesh
Incorporation Date
1995-06-18
Business Sector
Banking & Investment Services
Company Address
Al-Arafah Tower, 63 Purana Paltan