Scams and irregularities by S Alam Group pushed the shariah-based bank into crisis, as toxic assets continue to surface ...

“IT’S LIKE the Midas effect in reverse,” says Badiul Majumdar of SHUJAN, an anti-corruption pressure group. “Everything the government touches turns not to gold, but rather from gold to dust.” He is ...

The price of Shahjalal Islami Bank's perpetual bond jumped Tk2,400 per bond — a 54.55% increase — in a single day on Tuesday hitting the highest price within the 52-weeks. Market insiders said the ...

The Muslim Brotherhood and Jama’at-i Islami are separate movements that tend to draw the bulk of their members from different ethnic groups (Arabs and South Asians, respectively). Nevertheless, both ...

Islami Bank Bangladesh PLC held its 42nd annual general meeting (AGM) at the Kurmitola Golf Club in Dhaka today..Prof M ...

Violent protesters in Bangladesh on Aug. 5 forced the ouster of Sheikh Hasina, the country’s longtime prime minister, Awami League politician, and daughter of Bangladesh’s founding father. After ...

Bangladesh on Sunday restored the registration of the largest Islamist party, allowing it to take part in elections, more than a decade after it was removed under the now-overthrown government. The ...

Islami Bank Bangladesh PLC has surpassed 5 million agent banking customers, marking a significant milestone in the country's agent banking sector. Islami Bank has made financial inclusion more ...

For Stephanie Adams, being Muslim didn’t stop her from having a substance use disorder. But a year into her recovery, a close friend of hers was also grappling with addiction. They said they’d attend ...