Abstract:
One of the largest Muslim nations in the world is Bangladesh. The citizens of this nation
have a strong desire to live an Islamic life based on the teachings of the holy Qur'an and
Sunnah. Al-Arafah Islami Bank was created on June 18, 1995, in line with the honest desire
of its people, and it started to take effect on September 27, 1995.
According to the fate of the loss and the interest-free profit, it is dedicated to conducting
banking and investment activities in all financial activities. With these new agreements and
the anticipation of Bangladesh's long-held ideal of banking transactions that adhere to the
laws of Islam, new vistas have thus been revealed.
AL-Arafah Islami Bank Limited has attained the exceptional position of a prominent
private commercial bank in Bangladesh thanks to the active support of the Islamic
Development Bank (IDB), as well as other Islamic banks, financial institutions, and
governmental organizations.
201 branches (up to December 2021), of which 26 are AD nationwide, and 20 devoted and
well-known Islamic personalities of Bangladesh serving as members of the Board of
Directors for Al-Arafah Islami Bank have all contributed positively to the socioeconomic
growth of the nation. With a $15 billion authorized capital. Up till December 2021, there
were 4,247 employees and 19,146 shareholders (up to December 2021).
To meet customer needs, the bank offers a wide range of expertly crafted products and
services. My three-month experience at Al-Arafah Islami Bank Ltd has been documented
in my internship report.
