Padma Bank Limited has officially launched Shariah-based Islami banking named "Padma
Bank Islamic" with the slogan "Shariah in Every Step". Gulshan-2 branch, Agrabad
branch, Comilla branch, Bogura branch, and Chandnighat branch started Islamic banking
simultaneously. However, due to centralized transactions, customers will get Islamic
banking services from any Branch or Sub-branch in the country.
Tarek Reaz Khan, Managing Director & CEO of the bank officially inaugurated the Padma
Bank Islamic as chief guest on Sunday, July 09 at Mirpur Padma Bank Learning & Talent
Development Center. High officials of the bank were also present on the occasion.
All transactions in Padma Bank Islamic will be conducted in accordance with the Central
Shariah Board's regulations. Hence, customers of Padma Bank Islamic can safely conduct
their business, said Tarek Reaz Khan, Managing Director and CEO of the bank. By
launching Islamic banking, Padma Bank will play a significant role in Bangladesh's
economy, he believes.
Padma Bank Limited, under the majority ownership of Government owned Sonali Bank,
Janata Bank, Agrani Bank, Rupali Bank, and ICB, has been providing banking services to
customers through 60 branches, sub-branches and agent banking outlets across the country.
Remittance services are provided at all branches of Padma Bank.