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Dhaka     Saturday   11 January 2025

Deposit increases in Islamic banks 

News Desk || risingbd.com

Published: 17:35, 11 January 2025   Update: 17:58, 11 January 2025
Deposit increases in Islamic banks 

The deposit has increased slightly in the country’s Islamic banks. At the same time, loan disbursement or investment has also decreased slightly in the space of a month. 

Deposit increased by 0.57 percent in September compared to August. On the contrary, banks' loan disbursement or investment decreased by 0.01 percent during the same period. 

This information was mentioned in a monthly report of Bangladesh Bank on Islamic banks.

Deposit in Islamic banks stood at Tk 4,34,267 crore at the end of September. The amount of deposit in August was Tk 4,31,805 crore. In a month, the amount of deposit increased by Tk 2,462 crore or 0.57 percent.

Meanwhile, Tk 516,951 crore was disbursed as loan in September. In August, it was Tk 516,991 crore. Loan disbursement has slightly decreased over the month.

There are currently 10 Sharia-based Islamic banks in Bangladesh. They are: Islami Bank Bangladesh, Al-Arafah Islami Bank, Exim Bank, Shahjalal Islami Bank, First Security Islami Bank, Social Islami Bank Limited (SIBL), Global Bank, Union Bank, ICB Islamic and Standard Bank.
 


 

NF/Mukul