Published:  12:00 AM, 12 January 2017

IBBL will continue Shariah Principles


Islami Bank Bangladesh Limited shall continue its Shariah Principles and fundamental values, the bank said in a press release yesterday. "It will apply Zero Tolerance Policy regarding compliance of Islamic Shari`ah," the release added. The bank said recruitment will be done through experienced, neutral and professional institution on the basis of merit and qualification irrespective of caste and creed including the wards of freedom fighters. Besides, more female employees will be recruited for women empowerment and employee salary structure will be revised with increasing in comparison with other banks.

The Board of Directors agreed that no employee shall be terminated, said the news release issued by Nazrul Islam, Assistant Vice President of the bank. The decisions were taken at a meeting of the Board of Directors held on January 05, 2017. Arastoo Khan, newly elected Chairman, and other directors of the bank were present at the meeting.

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