Published: 11:22 PM, 06 November 2026
Islami Bank to raise authorized capital to BDT 10,000cr
Islami Bank Bangladesh PLC has decided to increase its authorized capital fivefold, raising it from Tk 2,000 crore to Tk10,000 crore.
The decision was taken at a meeting of the bank's board of directors held on Thursday.
According to a corporate disclosure on the Dhaka Stock Exchange on 5 November 2026, the enhancement of the authorized capital will be executed through necessary amendments to the company's Memorandum and Articles of Association.
However, the capital expansion remains subject to clearance from Bangladesh Bank alongside other regulatory authorities, as well as final approval from the shareholders in an Extraordinary General Meeting (EGM).Islami Bank's current paid up capital is Tk1,609 crore.
