Dhaka, Bangladesh
Mercantile Bank Launches Islamic Banking services

Mercantile Bank Launches Islamic Banking services

Mercantile Bank Limited has launched Shariah complied Islamic Banking service named ‘TAQWA’. Morshed Alam MP, chairman of the bank has inaugurated this service on Monday. in a virtual ceremony. Initially Mercantile Bank will offer this special service through Islamic Banking Window in its country wide 10 branches besides their regular conventional banking. The Chairman expressed that by fulfilling the special client demand Islamic Banking facility parallel to the conventional banking will ensure all types of client services. Md. Quamrul Islam Chowdhury, Managing Director & CEO delivered his welcome speech. The Islamic Banking service commencing branches are Main Branch, Dhanmondi Branch & Uttara Branch in Dhaka; Agrabad Branch in Chattogram; Barishal Branch; Feni Branch; Chowmuhani Branch and Banglabazar Branch in Noakhali; Faridganj Branch in Chandpur and Damudya Branch in Shariatpur. Al-Haj Akram Hossain (Humayun), Vice Chairman, Md. Anwarul Haque, Chairman, Executive Committee; Dr. Md. Rahmat Ullah, Chairman, Audit Committee; A.K.M. Shaheed Reza, Chairman, Mercantile Bank Foundation; A. S. M. Feroz Alam, M. Amanullah, Al-Haj Mosharref Hossain, M A Khan Belal, Directors and Maulana Shah Mohammad Wali Ullah, Member of Shariah Supervisory Committee were connected to the virtual inaugural ceremony. Md. Zakir Hossain, DMD & DCBO of the bank anchored the ceremony while Mati Ul Hasan, AMD & CRO, DMDs and senior executives of the bank along with the Head of Islamic Banking Division Syed Murtaza Hasan were also connected. A dua Munajat has been performed for the departed soul of recently passed Sponsor Director and Vice Chairman of the Bank Mohd. Selim. The ceremony was live on the Official Facebook page of Mercantile Bank Limited.

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