Al-Arafah Islami Bank has taken the initiative to transform into a modern “Ababil NG (Next Generation)” core banking system through its internal Project Nebula. Managing Director of the Bank (Acting) Mohd. Rafat Ullah Khan inaugurated the training program in this regard as the chief guest on Wednesday, November 19, 2025. As a result, the bank’s daily operations will be faster, easier and more modern. Managing Director and CEO of Millennium Information Systems Limited Mahmud Hossain was present at the event.

Considering the competition for rapid digitalization and service quality improvement in the country’s banking sector, the upgradation to Ababil NG is a timely and strategic decision for the Bank.

Mohd. Rafat Ullah Khan said “Ababil NG will mark the beginning of a new chapter for the bank. Through this, we will be able to provide more world-class services to our customers and gain a strong position in the competition.” He called on all the officers and employees to embrace this change with full attention and responsibility.

Senior Executive Vice President and Head of Operations of the Bank Towhiduzzaman Fuad, Executive Vice President and Head of ICT Soheb Ahmed, Senior Vice President and Head of HR Mohammad Amir Hossain, top executives and other senior officials of Millennium Information Systems Limited were present at the ceremony.