Southeast Bank Receives Approval to Offer Islamic Banking Services Across All Branches

Based out of Bangladesh, Southeast Bank has received the green light from the Central Bank, Bangladesh Bank, to provide Islamic banking services across all its business locations, along-side its conventional banking services.

Media reports state that permission was granted by Bangladesh Bank following the submission of an application in this regard by Southeast Bank.

Following the approval, Southeast Bank will now find it easier to provide all technology-backed and modern Shariah-compliant banking services from all its branch locations, stated the media report. Since 2003, Southeast Bank has been offering Islamic banking services under its brand name, Southeast Tijarah.

Southeast Bank now operates five fully Shariah-compliant banking branches, out of its 135...