The New Nation - Internet Edition

Islami Bank Bangladesh Limited has started Brokerage House as a member of Dhaka Stock Exchange after getting permission from Securities Exchange Commission and Dhaka Stock Exchange Limited.

This Brokerage House has been inaugurated in Securities Trading Department of Islami Bank Bangladesh Limited, 63 Dilkusha Commercial Area (5th Floor), Dhaka. Moulana Zainul Abedin, Acting Chairman of the bank, inaugurated the opening ceremony as the chief guest. Presided over by M. Fariduddin Ahmad, Executive President of the bank the function was addressed, among others, by Principal Mohammad Serajul Islam, Member.

Additional Secretary of Shari'ah Council, Mohd. Shamsul Haque, Mohammad Abdul Mannan & Md. Habibur Rahman, Deputy Executive Presidents and Md. Shouquat Ali, Executive Vice President and Company Secretary was present in the function as representative of the Bank. Top executives of Head Office also attended the function.

Principal Moulana Zainul Abedin in his speech as the chief guest said that share and bond of Shariah-based institutions will be transected through this Brokerage House. He called upon the officers to follow the principles of Shari'ah strictly and to establish the Brokerage House as one of the leading Brokerage Houses of the country.

He said, as the activities of Islami Banking is increasing day by day all over the world, Islami banking will extend more rapidly in our country which is inhabited by 90 percent Muslim population. M. Fariduddin Ahmad urged the officers to conduct research work on how the number of Share & Bond of different institutions based on shari'ah can be increased in the capital market.