1. Brief Profile and Performance of Islamic Banks in Bangladesh as on 31
Presented by
Md. Fariduddin Ahmed
Advisor
Export Import Bank of Bangladesh Limited
Former
Managing Director & Chief Executive Officer
Islami Bank Bangladesh Limited

2. Islamic Banking in Bangladesh: Landmark Events.
1. In August 1974, Bangladesh signed the Charter of Islamic Development Bank and committed itself to reorganize its economic and financial system as per Islamic Shariah.
Prepared by Forkan Uddin Mahmood

3. Islamic Banking in Bangladesh: Landmark Events.
2. In January 1981, the President of the People’s Republic of Bangladesh while addressing the 3rd Islamic Summit Conference held in Makkah and Taif suggested “The Islamic Countries should develop a separate Banking system of their own in order to facilitate their trade and commerce.” This statement of the President indicated favorable attitude of the government of the People’s Republic of Bangladesh towards establishing Islamic Banks and Financial Institutions in the country. Earlier in November 1980, Bangladesh Bank sent a representative to study the working of several Islamic Banks abroad.
Prepared by Forkan Uddin Mahmood

4. Islamic Banking in Bangladesh: Landmark Events.
3. In November 1982, a delegation of IDB visited Bangladesh and showed keen interest to participate in establishing a joint venture Islamic Bank in the private sector. Two professional bodies namely, Islamic Economic Research Bureau and Bangladesh Islamic Bankers Association took initiative to provide training on Islamic Banking to top Bankers and Economists to fill up the vacuum of leadership for the future Islamic Banks in Bangladesh.
Prepared by Forkan Uddin Mahmood

5. Islamic Banking in Bangladesh: Landmark Events.
4. At last, the dream of establishing Islamic Bank in Bangladesh became a reality and Islamic Bank Bangladesh Limited was established on 30th March, Later, 8 full fledged Islamic Banks have been established in the country, 10 conventional Banks have so far established Islamic Banking branches and 6 conventional Banks opened Islamic windows in some major cities.
Prepared by Forkan Uddin Mahmood

6. Full-Fledged Islamic Banks (2013)
Amount in Crore Sl
Name of the Banks
Year of Establishment
Number of Branches
Total Manpower
Total Deposit
Total Investment
Profit
/Loss 1
Islami Bank Bangladesh Ltd
1983
286
12980 2
ICB Islamic Bank Ltd.
1987 33
656
978.86
(26.00) 3
Al-Arafah Islami Bank Ltd.
1995
110
2387
421.49 4
Social Islami Bank Ltd. 94
1802
292.46 5
First Security Islami Bank Ltd.
2009
117
2367
202.57 6
Shahjalal Islami Bank Ltd.
2001 92
2173
269.40 7
EXIM Bank Ltd.
2004 80
2282
492.79 8
Union Bank Ltd
2013 11
317
730.88
24.63
Sub Total ( BDT)
823
24964
Sub Total ( US $ ) -
39.71
Note : US $ 1 = BDT ( Approx)
Prepared by Forkan Uddin Mahmood

7. Year of Establishment of IB Branch
Branch based Islamic Banks (2013)
Amount in Crore
Sl.
Name of the Banks
Year of Establishment of IB Branch
Number of Branches
Total Manpower
Total Deposit
Total Investment
Profit
/Loss 1
AB Bank Ltd.
2005 19
654.28
329.60
17.18 2
Prime Bank Ltd.
1995 5
100
118.13 3
Jamuna Bank Ltd.
2003 55
308.43
280.01
16.48 4
Dhaka Bank Ltd. 24
489.57
404.79
(5.09)
Southeast Bank Ltd.
130
825.00
68.59 6
Premier Bank Ltd. 40
551.87
332.05
43.41 7
The City Bank Ltd. 34
405.65
154.84
5.76 8
SCB (Sadiq)
2004 9
616.70
471.09
50.02
HSBC (Ama-nah)
2.86
124.21
20.69 10
Bank Al - Falah
1997 28
Sub Total ( BDT ) 21
439
335.17
Sub Total ( US $ ) -
84.03
53.80
4.31
Note : US $ 1 = BDT ( Approx)
Prepared by Forkan Uddin Mahmood

8. Establishment of IB Window
Window based Islamic Banks (2013)
Amount in Crore
Sl.
Name of the Banks
Year of
Establishment of IB Window
Number of Branches
Total Manpower
Total Deposit
Total Investment
Profit
/Loss 1
Standard Bank
2009 2 9
22.60
8.45
1.01
Trust Bank
2008 5 16
518.98
384.13
(4.20) 3
Bank Asia 51
406.74
349.55
15.29 4
Pubali Bank
2010 20
64.97
44.57
3.16
Sonali Bank Ltd
18.36
0.65
0.53 6
Agrani Bank Ltd 36
323.82
54.85
8.48
Sub Total (BDT) - 24
132
842.20
24.27
Sub Total (US $)
17.43
10.83
0.31
Note : US $ 1 = BDT (Approx)
Prepared by Forkan Uddin Mahmood

9. Market Share of business and major Indicators of performance of Islamic Banks
Amount in Crore
Sl.
Particulars
Islamic Banks(2013)
Conventional Banks
All Banks
Share of Islamic Bank
As on 1 2 3 4
5=(2/4) 6
Number of Banks
8 (Full Fledged) 31 56
14.29%
Number of Branches
844
7841
8685
9.72%
Number of Employees
24964
Deposits :
BDT
US $
19.48% 5
Investments :
22.11%
Investment Deposit Ratio
83.94%
73.95%
Note : US $ 1 = BDT ( Approx)
Prepared by Forkan Uddin Mahmood

10. Growth Trend of Business of EXIM Bank
Amount in Crore
Prepared by Forkan Uddin Mahmood

11. Allah Hafez