The New Nation - Internet Edition

The trading of Mudaraba Perpetual Bond worth Tk. 300 crore of Islami Bank Bangladesh Limited began on Sunday at the Dhaka Stock Exchange. An agreement was signed in this respect between IBBL and Dhaka Stock Exchange Limited on Sunday, November 25 at the Board Room of DSE. Md. Shouquat Ali, Executive Vice President and Company Secretary of IBBL and Sheikh Mohammad Ullah, General Manager (Admin) and Secretary of Dhaka Stock Exchange Limited signed the agreement on behalf of their respective sides.

Prof. Abu Nasser Muhammad Abduz Zaher, Chairman of IBBL said that the only aim of Islami Bank Bangladesh Limited is to develop the country, the soil and its people. That is why, Islami Bank has been working to raise the standard of living of the people and to accelerate the economic development and prosperity of the country. He termed the Mudaraba Purpetual Bond as beautiful one and new morning and thanked to all involved with the inauguration of this bond.

Mohammad Abdullah Bukhari, President of Dhaka Stock Exchange in his speech marked the Mudaraba Perpetual Bond as phenomenal incident in the history of the country. He hoped that much financial institution will come forward to put such kind of bond in the market follow the IBBL.