Welcome to our thorough guide on the Top 10 Islamic Banks in Bangladesh, where we highlight the best players in the nation’s Islamic banking industry.

These banks have distinguished themselves by providing cutting-edge solutions that address the varied financial demands of their consumers, which is a result of the steadily increasing demand for Islamic banking goods and services.

These banks have demonstrated their dependability, trustworthiness, and commitment to their customers by offering Shari’ah-compliant savings accounts and investment choices that place a priority on moral and socially conscious investments.

The Top 10 Islamic Banks in Bangladesh have you covered with their great services, whether you’re a company owner, a salaried professional, or a student searching for financial aid.

Top 10 Islamic Banks in Bangladesh

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The final list of Bangladesh’s top ten halal financial institutions, Top 10 Islamic Banks in Bangladesh 2024.

These banks stand out as the epitome of excellence as the need for Islamic banking increases in Bangladesh by providing comprehensive and cutting-edge solutions that satisfy their clients’ changing financial demands.

Because of their devotion to upholding the foundations of Islamic finance and to offering top-notch customer service, they are the preferred option for both individuals and businesses.

Join us as we look at the top 10 Best Islamic banks in Bangladesh and discover their unique first-rate services, and cutting-edge technology.

So let’s see in detail Top 10 Islamic Banks in Bangladesh.

Islami Bank Bangladesh Limited (IBBL)
Shahjalal Islami Bank Limited
Al-Arafah Islami Bank Limited
First Security Islami Bank Limited
EXIM Bank Limited (Islamic Banking Division)
Social Islami Bank Limited (SIBL)
ICB Islamic Bank Limited
Trust Bank Limited (Islamic Banking Division)
Union Bank Limited (Islamic Banking Division)
Standard Bank Limited (Islamic Banking Division)

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# Islami Bank Bangladesh Limited (IBBL)

Islami Bank Bangladesh Limited (IBBL), the first and biggest Islamic bank in Bangladesh, has been in the forefront of promoting Islamic banking practices ever since it was founded in 1983.

IBBL continues to set the standard for the sector in offering moral and dependable financial services because to its extensive branch network and large selection of Sharia-compliant products.

Bank Name	Services	Address	Contact	Website
Islami Bank Bangladesh Limited	– Deposit accounts<br>- Financing services	40 Dilkusha Commercial Area, Dhaka-1000, Bangladesh	+880 2 9563040-4	www.islamibankbd.com

#Shahjalal Islami Bank Limited

Shahjalal Islami Bank Limited, which bears the name of the revered saint Hazrat Shahjalal (R), has achieved important advancements in the field of Islamic banking since its establishment in 2001.

This bank, which is dedicated to excellence, offers a variety of financial solutions to both people and businesses by fusing Islamic principles with modern technology.

Bank Name	Services	Address	Contact	Website
Shahjalal Islami Bank Limited	– Retail banking<br>- Corporate banking	Uday Tower, Plot 57 & 57/A, Gulshan Avenue, Dhaka-1212, Bangladesh	+880 2 9856164-5	www.shahjalalbank.com.bd

#Al-Arafah Islami Bank Limited

Al-Arafah Islami Bank Limited has built a name for itself in Bangladesh as a reputable Islamic bank since its founding in 1995.

Al-Arafah Islami Bank has emerged as a popular option for many people and companies because to its strong emphasis on customer satisfaction and broad range of Sharia-compliant goods and services.

Bank Name	Services	Address	Contact	Website
Al-Arafah Islami Bank Limited	– Investment products<br>- Trade finance	Al-Arafah Tower, 63 Purana Paltan, Dhaka-1000	+880 2 9513666, 9513733	www.al-arafahbank.com

#First Security Islami Bank Limited

In 1999, First Security Islami Bank Limited was founded as a fully functional Islamic bank. To fulfill the various demands of its customers, the bank is dedicated to providing cutting-edge and specialized financial solutions.

It offers a comprehensive range of Islamic banking services, including as trade finance, investment plans, and deposit options.

The First Security Islami Bank Limited has concentrated on growing its branch network and implementing cutting-edge technologies to improve client convenience.

Bank Name	Services	Address	Contact	Website
First Security Islami Bank Limited	– SME financing<br>- Card services	FSIBL Tower, 9/C Motijheel C/A, Dhaka-1000	+880 2 9561417-18	www.fsiblbd.com

# EXIM Bank Limited

Since its founding in 1999, EXIM Bank Limited has provided customers with Shariah-compliant financial services through its specialized Islamic financial Division.

The bank provides a variety of Islamic goods and services, such as remittance services, investment alternatives, trade finance, and deposit plans.

Through its Islamic banking subsidiary, EXIM Bank Limited has played a significant role in fostering financial inclusion and supporting economic growth.

Bank Name	Services	Address	Contact	Website
EXIM Bank Limited	– Trade finance<br>- Retail banking	Symphony, Plot SE(F): 9, Road 142, Gulshan Avenue, Dhaka-1212	+880 2 9889363-7	www.eximbankbd.com

# Social Islami Bank Limited

Due to its dedication to ethical banking practices and social responsibility, Social Islami Bank Limited (SIBL) has grown in popularity. With an emphasis on financial inclusion and sustainable growth, SIBL has provided a wide variety of Islamic banking solutions to both people and companies since its founding in 1995.

Bank Name	Services	Address	Contact	Website
Social Islami Bank Limited (SIBL)	– Savings accounts<br>- Remittance services	63, Dilkusha C/A, Dhaka-1000, Bangladesh	+880 2 9563081-5	www.siblbd.com

# ICB Islamic Bank Limited

The growth of the Islamic banking industry has been considerably aided by ICB Islamic Bank Limited, a division of Investment Corporation of Bangladesh (ICB). This bank places a high value on professionalism and client satisfaction and provides a broad selection of Sharia-compliant goods and services to meet the changing demands of its clients.

Bank Name	Services	Address	Contact	Website
ICB Islamic Bank Limited	– Corporate finance<br>- Retail banking	ICB Bhaban, 1, Dilkhusha C/A, Dhaka-1000, Bangladesh	+880 2 9564806-7	www.icbislamic-bd.com

# Trust Bank Limited

Trust Bank Limited (Islamic Banking Division): Since its founding in 1999, Trust Bank Limited has offered its clients Sharia-compliant financial solutions through its dedicated Islamic Banking Division. This bank provides a comprehensive range of Islamic banking products and services with a strong emphasis on client convenience and technical innovation.

Bank Name	Services	Address	Contact	Website
Trust Bank Limited	– Mudaraba accounts<br>- Trade finance	Shadhinata Tower, Bir Sreshtha Shaheed Jahangir Gate, Dhaka Cantonment	+880 2 9832201-4	www.tblbd.com

# Union Bank Limited

With a specialized Islamic Banking Division, The Most Popular Union Bank Limited has become a reputable and client-focused Islamic bank in Bangladesh. Union Bank Limited, which is dedicated to provide moral and Sharia-compliant financial solutions, provides a wide array of banking services, including trade financing, investments, and deposits.

Bank Name	Services	Address	Contact	Website
Union Bank Limited (Islamic Banking Division)	– Retail banking<br>- SME financing	City Center, Level 3, 90/1 Motijheel Commercial Area, Dhaka-1000	+880 2 9570972-3	www.unionbank.com.bd

# Standard Bank Limited

Since its founding, Standard Bank Limited has provided both people and companies with financial services that comply with Sharia law through its Islamic Banking Division. Standard Bank Limited aspires to address the various banking needs of its customers by focusing on the needs of the customer and offering a wide range of goods and services.

Bank Name	Services	Address	Contact	Website
Standard Bank Limited	– Deposit products<br>- Investment services	Metropolitan Chamber Building (3rd Floor), 122-124 Motijheel C/A, Dhaka-1000	+880 2 9568162-3	www.standardbankbd.com

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Top 10 Islamic Banks in Bangladesh for Savings and Account

Do you need a trustworthy banking company in Bangladesh that adheres to Shariah and prioritizes your account and savings needs? Never look forward!

The top 10 Islamic banks in Bangladesh have been hand-selected to satisfy your needs for savings and accounts, and we are pleased to give this unique list to you.

Your hard-earned money will be managed in accordance with your beliefs since these banks have been carefully chosen for their uncompromising dedication to Islamic financial principles.

You can trust these organizations with your financial needs since they provide a wide range of savings and account alternatives and you know they value openness, truthfulness, and moral behavior.

Become one of the numerous happy clients who have decided to trust their funds and accounts with these outstanding Bangladeshi Shariah-based banks.

Have a rewarding and halal banking experience with our definitive list of top 10 Islamic banks for savings and accounts in Bangladesh.

List of the Best Shariah Based Bank in Bangladesh 2024

In Bangladesh, are you looking for a trustworthy, Shariah-compliant banking option? Look no farther than our list of the top 10 Islamic banks in Bangladesh, which has been meticulously compiled.

You may feel secure knowing that your money is being managed in line with your beliefs since every bank on our list has been carefully examined to guarantee it abides by the principles of Islamic banking.

These banks provide a variety of solutions to fit your needs, whether you want basic banking services or want to invest in Shariah-compliant items. Join the rising number of consumers in Bangladesh who favor Islamic banking due to its moral and open business methods. Discover the top Shariah-based banks in Bangladesh for 2024 by reading on.

Al-Arafah Islami Bank Limited
EXIM Bank Limited
First Security Islami Bank Limited
Global Islamic Bank Limited
ICB Islamic Bank Limited
Islami Bank Bangladesh Limited
Shahjalal Islami Bank Limited
Social Islami Bank Limited
Union Bank Limited
Standard Bank Limited
Trust Bank Limited (Islamic Banking Wing)
NRB Bank Limited (Islamic Banking Division)
Premier Bank Limited (Islamic Banking Division)
Al-Hajj Finance Company Limited
ICB Islamic Bank Limited
Jamuna Bank Limited (Islamic Banking Window)
Meghna Bank Limited (Islamic Banking Division)
Mercantile Bank Limited (Islamic Banking Division)
Prime Bank Limited (Islamic Banking Window)
Southeast Bank Limited (Islamic Banking Division)

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Conclusion

The top 10 Islamic banks in Bangladesh epitomize excellence in the realm of Shariah-compliant finance. These banks have become dependable partners for both people and companies because of their persistent commitment to moral standards.

They have transformed the banking experience, guaranteeing that your financial objectives are nourished in a halal and transparent atmosphere through new products and individualized services.

Trusting these prestigious institutions with your money means you support ethical and value-driven banking. Feel the relief that comes from knowing that your finances are being handled in accordance with your values.

Count yourself among the pleased clients who have learned about the effectiveness of Islamic banking in Bangladesh. Accept a future in which your financial objectives are in harmony with your principles, guided by the top 10 Islamic banks in Bangladesh.

(FAQs) about the Top 10 Islamic Banks in Bangladesh

Q: Which Is The Largest Islamic Bank In Bangladesh?

Answer: Islami Bank Bangladesh Limited (IBBL) is the largest commercial bank of Bangladesh. It is the first Shariah-based Islamic bank in the South-East Asia established in March 1983.

Q: Which Islamic Bank Is Best In Bangladesh?

Answer: Islami Bank Bangladesh Limited (IBBL) is generally considered one of the leading Islamic banks in the country.

Q: How Many Islamic Banks Are In Bangladesh?

Answer: 23 Islamic banking branches of 11 conventional commercial banks and 511 Islamic banking windows of 13 conventional commercial banks are also providing Islamic financial services in Bangladesh.

Q: Which Islamic Bank Gives Maximum Profit in Bangladesh?

Answer: The findings indicate that the highest mean return on term deposit of 11.06458% is offered by the First Security Islami Bank Ltd. and the lowest mean return of 8.687500% is offered by Export Import Bank of Bangladesh Ltd.

Q: Which Is The Top Islamic Bank In BD?

Answer: The banks are Islami Bank Bangladesh, ICB Islamic Bank, Al-Arafah Islami Bank, Social Islami Bank, Shahjalal Islami Bank Limited, Export Import Bank of Bangladesh, First Security Islami Bank and Union Bank Bangladesh.

Top 10 Islamic Banks in Bangladesh [ Updated Full Details]