The New Nation - Internet Edition

Business Report

The valedictory session of a week long "Pre-Launching Manpower Development Programme" organised by Islami Bank Bangladesh Ltd was held on Sunday at the conference hall of its training and research academy.

Prof. Abu Nasser Muhammad Abduz Zaher, Chairman, Board of Directors of Islami Bank Bangladesh Ltd. was present in the function as Chief Guest. Presided over by M. Fariduddin Ahmad, Managing Director of the Bank the programme was addressed by Nazir Ahmed, Chairman of Academic Council of Islami Bank Training and Research Academy (IBTRA) and former Chairman of IBBL and Mohammad Mustafha Bintube, Chief Executive Officer and Team Leader of Jaiz Bank International (proposed). Directors and Top Executives of IBBL eminent Economists and Executives of Jaiz Bank International (proposed) attended the function. The Chief Guest distributed certificates among the trainees.

It is mentioned that Head office of lBBL and IBTRA arranged the seven day long training programme prior to initiating Islamic Banking in Nigeria by the proposed Jaiz Bank International.

Prof. Abu Nasser Muhammad Abduz Zaher in his speech as the Chief Guest said that IBBL was alone in 1983 while it was incepted in the country. Now seven banks are conducting Islamic Banking. Inspired with the success of IBBL, new Islamic Banks are being established in country and abroad. Islamic Banking activities in Nigeria is also a reflection of it. He called upon the team of Jaiz Bank to fulfil the expectation of the people of Nigeria by conducting Islamic Banking and thanked them for taking initiative to introduce Islamic banking in Nigeria.

Nazir Ahmed in his speech said, IBTRA provides training to the Islamic Bankers of the country side by side the officials of foreign Islamic Banks. IBTRA has recently given training to the executives of Bank of Ceylon of Srilanka on Islamic Banking. He called upon the executives of Jaiz Bank to introduce true Islamic Banking in Nigeria.

Mohammad Mustafha Bintube in his speech said, IBBL is not only doing business but also working for financial affluence of the poor people of the country. People of all tyre of the society are getting service of IBBL. At the same time the Bank has kept the top position in deposit, investment, foreign remittance and import-export business. This success of IBBL is inspiring us. It is our belief that 18 million Muslims of Nigeria will also attain the consequence of this success.

M. Fariduddin Ahmad in his Presidential Speech assured the team of Jaiz Bank International of giving allout support in future for establishing Islamic Banking in Nigeria by providing such training and any type of technical support.