Islamic banking, in contrast to conventional banking, involves the provision of financial products and services by institutions offering Islamic financial services for Shariah approved underlying transactions and economic activities, based on contracts that comply with Islamic Shariah laws.
To provide shariah based banking services to the valued clients, Agrani Bank Limited has launched islami banking facility. Agrani Bank Limited is the first state-owned Commercial Bank in Bangladesh to introduce Shariah Based Islamic Banking System. In Agrani Bank Limited, Islamic Banking system is operated under ‘Islamic Banking Unit’ since February 28, 2010 through 5 Islamic Banking Windows. Overall business performance of Islami Banking Unit is increasing in all areas.
A highly qualified and skilled Shariah Supervisory Committee is formed with renowned Professors of Dhaka University and scholars of Islami Shahiah and Banking. This committee is chaired by Prof. Moulana Mohammad Salahuddin, Khatib of the National Mosque Baitul Mukarram.