Islami Bank Bangladesh PLC organised an exchange-of-views meeting with prominent Islamic scholars at a hotel in the capital on Saturday to increase the use of Bangla QR in religious institutions towards building a Cashless Bangladesh.
Mufti Mohammad Mohibbullahil Baqee, director general of Islamic Foundation Bangladesh, addressed the programme as the chief guest, reads a press release.
Mohammad Zahir Hussain, executive director of Bangladesh Bank and the sole representative of the board of directors of Islami Bank, attended as the special guest.
Md Altaf Hossain, managing director (Acting) of Islami Bank, presided over the programme.
Mufti Shamsuddin Zia, chairman of the bank’s Shari’ah Supervisory Committee; Shah Muhammad Waliullah, member of the Bangladesh Bank Shari’ah Supervisory Board; and Mohammad Zakir Hossain, additional director of the Islamic Banking Regulations and Policy Department of Bangladesh Bank, also addressed the programme.
Mohammed Jamal Uddin Mazumder, additional managing director of the bank, presented the keynote paper on Bangla QR, while M Kamal Uddin Jasim, additional managing director, delivered the welcome speech.
Members of the Shari’ah Supervisory Committee and senior executives of the bank also attended the programme.
In his speech, chief guest Mufti Mohammad Mohibbullahil Baqee said financial transactions have changed in line with technological advancements.
“Connecting religious institutions to this change is a demand of the time. By using simple and modern digital payment systems like Bangla QR, religious institutions can conduct financial transactions in a more transparent, secure and orderly manner,” he said.
He called upon Islamic scholars and religious leaders to come forward to build a Cashless Bangladesh and expand modern, secure and easy digital transaction systems in religious institutions.
Special guest Zahir said Bangladesh is gradually upgrading through digital transformation.
“Expanding digital transactions are extremely important to make the country’s financial system more modern, easy, and inclusive. Bringing religious institutions under the coverage of Bangla QR will create opportunities to engage a large population in digital transactions,” he said.
In his presidential speech, Altaf said that despite many challenges, Islami Bank continues to move forward with the trust and support of its customers.
“The bank is working to ensure simple, secure, and modern banking services for its clients,” he said.
