Bangladesh’s MBL Launches Shariah-Compliant Banking Products

Bangladesh-based Midland Bank Limited (MBL) started to provide Shariah-based banking from its Gulshan Branch Islamic Banking Window (IBW), at a ceremony held at Dhaka Bank's headquarters on the 23rd of April 2020.

Through the new offering, customers can avail all Shariah-compliant banking products through IBW and obtain the service from all MBL branches, including MBL’s digital platforms.

MBL has named its Islamic banking platform ‘Midland Bank Salaam’. MBL Chairperson, Nilufer Zafarullah, formally launched the service via video conferencing at a meeting of the Board of Directors.

Managing Director and Chief Executive Officer of...