Al-Arafah Islami Bank
Al-Arafah Islami Bank Limited (AIBL) is one of the leading Islamic banks in Bangladesh, recognized for its role in promoting Islamic banking services in the country. Established in 1995, the bank was set up with the vision to provide Shariah-compliant financial services while contributing to the overall economic development of Bangladesh. It began its operations with a clear commitment to serving the financial needs of individuals and businesses while adhering to the principles of Islamic finance, which prohibit interest (riba) and promote profit-sharing arrangements.
Since its inception, AIBL has made significant strides in the banking sector. The bank initially started with a limited number of branches but quickly expanded its network across Bangladesh. By offering a wide range of Shariah-compliant banking products, including savings accounts, current accounts, term deposits, and investment accounts, AIBL has successfully attracted a large customer base. The bank also offers services such as home financing, car financing, and working capital financing, which are structured according to Islamic principles, ensuring that customers can benefit from financial solutions that comply with their ethical and religious values.
In addition to traditional banking services, Al-Arafah Islami Bank has been proactive in offering modern financial services. These include mobile banking, internet banking, and ATM services, which provide convenience and accessibility to its customers. The bank also emphasizes corporate social responsibility (CSR) by engaging in charitable activities and contributing to the welfare of society, particularly in the areas of education, healthcare, and poverty alleviation.
The Bank is known for its commitment to Shariah compliance, and it has a dedicated Shariah Advisory Board that oversees the bank's operations to ensure all products and services align with Islamic law. This focus on religious adherence, combined with its customer-centric approach, has allowed AIBL to establish itself as a trusted financial institution in Bangladesh. Its success can be attributed to its ability to combine modern banking practices with traditional Islamic values, creating a unique and attractive banking experience for its clientele.
As of today, AIBL continues to be a prominent player in the Bangladesh banking sector, with a growing network of branches and a strong reputation for offering high-quality, ethical banking services. Through its dedication to customer satisfaction, ethical financial practices, and community development, AIBL has earned its place as one of the top Islamic banks in the country.
| Al-Arafah Islami Bank PLC | ||
| Public Limited Company | ||
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| 1995 | ||
| Private Bank | ||
| Commercial Bank | ||
| Local Bank | ||
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| Al-Arafah Tower, 63 Purana Paltan, Dhaka 1000, Bangladesh. | ||
| +880 2 44850005 | ||
| +880 2 44850066 | ||
| 16434, +880 96 11016434 | ||
| info@aibl.com.bd | ||
| www.aibl.com.bd | ||
| ALARBDDH | ||
| 015 | ||
| ALARABANK - DSE CSE | ||
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| Currency | Rate |
|---|---|
 US Dollar (USD) |
৳ 121.58 |
 Euro (EUR) |
৳ 125.03 |
 British Pound (GBP) |
৳ 148.45 |
 Australian Dollar (AUD) |
৳ 75.54 |
 Canadian Dollar (CAD) |
৳ 84.47 |
 Swiss Franc (CHF) |
৳ 133.46 |
 Japanese Yen (JPY) |
৳ 0.78 |
 Saudi Arabian Riyal (SAR) |
৳ 32.40 |
 Indian Rupee (INR) |
৳ 1.40 |
 Thai Baht (THB) |
৳ 3.52 |