The Shariah Supervisory Committee of Al-Arafah Islami Bank PLC reviewed the Product Processing Guidelines (PPGs) and financing policies of various investment modes, and approved Shariah opinions and necessary approvals regarding new issues arising from day-to-day branch operations.
The 137th meeting of the committee was held on Tuesdayat the Board Meeting Room of the bank’s head office. The committee emphasised ensuring proper compliance with Shariah principles across the bank’s operations and providing Shariah-compliant banking services to customers.
Al-Arafah Islami Bank Shariah Supervisory Committee Chairman Professor Dr Abu Noman Md Rafiqul Rahman chaired the meeting, said a press release on Wednesday.
Shariah Supervisory Committee members Md Anwar Hosain Molla, Muhammad Ruhul Amin Rabbani, Hafiz Mujtaba Riza Ahmad and Abul Kashem Mohammad Fazlul Haque attended. Managing Director Mohd Rafat Ullah Khan, Deputy Managing Director Mohammed Fazlur Rahman Chowdhury, Sayed Abul Hashem, FCA, FCMA, and EVP and Secretary of the Shariah Supervisory Committee Md Kabir Ahmad were also present.
