B.Mirror Desk: Al-Arafah Islami Bank PLC has formally inaugurated its 90th sub-branch at the permanent campus of Bangladesh University of Business and Technology (BUBT) in Dhaka. The inaugural ceremony was held on 27 October 2026, with Professor Md. Abu Saleh, Vice Chairman of the BUBT Trust, attending as the Chief Guest. Professor Dr. A. B. M. Shawkat Ali, Vice Chancellor of BUBT, attended as the Special Guest. The programme was chaired by Mohd. Rafat Ullah Khan, Managing Director of Al-Arafah Islami Bank PLC. In his speech, Chief Guest Professor Md. Abu Saleh said that the opening of the Bank’s sub-branch at BUBT’s permanent campus would enable students, teachers, officials, employees and other members of the campus community to access modern banking services conveniently. The initiative would make their financial transactions easier and more time-efficient. He described the initiative as a positive step towards expanding campus facilities and making banking services more accessible to the surrounding community. In his speech, Special Guest Professor Dr. A. B. M. Shawkat Ali, Vice Chancellor of BUBT, said that the sub-branch would play an effective role in making banking services more accessible to students while fostering savings habits, financial awareness and responsible financial management among them. He also expressed optimism that the initiative would encourage students to become more interested in Shariah-based banking services. In his presidential address, Mohd. Rafat Ullah Khan said that Al-Arafah Islami Bank is committed to providing modern banking facilities alongside Shariah-compliant, interest-free banking services to people from all walks of life. He added that the newly opened sub-branch would enable students, teachers, officials, employees and other members of the BUBT community to access banking services conveniently. In particular, students would have opportunities to develop savings habits and benefit from modern banking facilities. Local residents and businesses would also be able to access a range of banking services, including deposit and investment facilities, foreign trade services and remittance services.
Among those present at the event were the Bank’s Deputy Managing Director, Mohammed Fazlur Rahman Chowdhury; Executive Vice Presidents Jalal Ahmed and Md. Mojibur Rahman; Senior Vice President Mohammad Mahfuzul Islam; senior executives from the Head Office; former Chairman of the BUBT Board of Trustees Shamsul Huda, FCA; Board of Trustees member Md. Shihab Rizwan; and BUBT Treasurer Professor Dr. Sarfaraz Hamid. The programme was conducted by the Bank’s Senior Executive Vice President, Engineer Md. Habib Ullah. Al-Arafah Islami Bank PLC is currently providing banking services to customers across the country through 226 branches, 90 sub-branches and 738 agent outlets.