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Al-Arafah Islami Bank PLC
Al-Arafah Tower, 63 Purana Paltan
Phone: +880 27123255p:+880 27123255 DHAKA, 1000  Bangladesh Ticker: ALARABANKALARABANK
Business Summary
Al-Arafah Islami Bank PLC., formerly Al-Arafah Islami Bank Ltd., is a banking company. The Company's principal activity is to provide a range of financial services, including commercial banking, consumer banking, trade finance, and other related custody and clearing services to the customers. The Company conducts its business on the principles of Musharaka, Bai-Murabaha, Bai-Muazzal and Hire Purchase transactions approved by Bangladesh Bank. It has approximately eight branches in Bangladesh. The Company has over 208 branches all over the country. Its subsidiaries include AIBL Capital Market Services Limited and AIBL Capital Management Limited. AIBL Capital Market Services Limited is in the business of stock broking and dealing in the capital market. AIBL Capital Management Limited is in the business of merchant banking in all its aspects, including issue management, portfolio management, underwriting, corporate advisory services, pre-IPO placement, and investment analysis and research.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
----Yes--

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
9/30/202312/31/2022Yes----

Industries
SIC Code Description
6029 Commercial banks, not elsewhere classified
6159 Miscellaneous business credit institutions
6211 Security brokers, dealers, and flotation companies

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chairman of the Board SalimRahman
Chief Executive Officer, Managing Director Farman R.Chowdhury
Vice Chairman of the Board Abu NaserMohammad Yeahea
12 additional Officers and Directors records available in full report.

General Information
Number of Employees: 5,184 (As of 12/31/2022)
Outstanding Shares: 1,064,902,185 (As of 9/30/2023)
Shareholders: 17,186
Stock Exchange: DSE
Fax Number: +880 29569351


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Saturday, April 27, 2024