Al-Arafah Islami Bank Limited is a privately controlled commercial bank in Bangladesh. The bank is one of the shariah-compliant banks in Bangladesh. It is founded on 27 September 1995. The headquarters are located in Motijheel, Dhaka. Al-Arafah Islami Bank Limited is one of the Islamic banks in Bangladesh. If you want to know more about Al-Arafah Islami Bank, read the following article carefully and collect the information that you need.

Al-Arafah Islami Bank Information

Al-Arafah Islami Bank Limited is an Islamic bank in Bangladesh. Al-Arafah Islami Bank Limited has been signed a partnership with Millennium Information Solution Limited. Alhajj Salim Rahman is the Chairman and Hafez Alhajj Mohammad Enayet Ullah has elected as Vice Chairman of the Executive Committee of Al-Arafah Islami Bank Ltd. To know more about Al-Arafah Islami Bank Limited read the next article carefully.

Registered Name: Al-Arafah Islami Bank Limited
Founded: 1995
Type: Private Bank (Commercial)
Country: Bangladesh
Code: 015
SWIFT Code: ALARBDDH
Stock Code: ALARABANK – DSE CSE

Contact

To contact Al-Arafah Islami Bank Limited authority, contact numbers such as Telephone, Fax, E-mail, and Website are available below.

Telephone: +880 2 7123255-7, 9568007, 9569353
Fax: +880 2 9569351
E-mail Address: info@al-arafahbank.com
Website: www.al-arafahbank.com

Head Office

Al-Arafah Islami Bank Limited’s Head Office is,

6 Dilkusha Commercial Area, 6th – 9th Floor, Dhaka 1000, Bangladesh

Account Opening Details

If you want to open an account in Al-Arafah Islami Bank Limited you must need some identification documents. Here are the identification documents that you need to open an account.

Identification Document

  1. National ID Card
  2. Current valid Passport
  3. Birth Certificate

Accounts Type

  • Individual account
  • Non-individual account

Loans System AIBL

Al-Arafa Islami bank has initiated a project to help the socio-economic situation of the impoverished people of the villages,  entitled “Krishi O Grameen Khudra Biniog Prokoolpa (microfinance)”. With the project, the bank is working for reducing poverty, development in the agricultural sector, creation of job opportunities, etc.

  • Micro Finance

MSME Banking

Micro, Small, and  Medium Enterprise play an important role in economic growth and development. MSME works as the platform for job creation. The MSME Banking of Al-Arafa Islami bank Limited are,

    • Al-Arafah UDDOG
    • Al-Arafah UTHSOB
    • Al-Arafah UNNAYAN
    • Al-Arafah PUJNI
    • Al-Arafah SONIRBHAR
    • Al-Arafah KHAMERBARI
    • Al-Arafah SOLAR ENERGY

Loan Interest Rate

The interest rate of Al-Arafa Islami bank varies from 15%.

AIBL Deposit

Al-Arafa Islami bank has varieties of deposit systems. AIBL deposits are,

  • Al Wadiah Current Deposit (CD)
  • Mudaraba Short Notice Deposit (SND)
  • Mudaraba Savings Deposit (MSD)
  • Mudaraba Term Deposite (MTDR)
  • Monthly Profit Based Term Deposite (PTD)
  • Monthly Installment Based Term Deposite (ITD)
  • Al-Arafah Monthly Hajj Deposite (MHD)
  • Al-Arafah Termed Hajj Deposite (THD)
  • Monthly Installment Based Marriage Savings Installment Scheme (MIS)
  • Al-Arafah Savings Bond (ASB)
  • Foreign Currency Deposite (FCD)
  • Pension Deposit Scheme (PDS)
  • Cash Waqf Deposite Scheme (CWD)
  • Mudaraba Aman Deposite Scheme (LDS)
  • Mudaraba Ahsan Deposite Scheme (MDS)
  • Mudaraba (Special) Pension Deposite Scheme (MSPDS)
  • Mudaraba Ahsan Plus Deposite Scheme (KDS)
  • Mudaraba Somriddhi Deposite Scheme (DBDS)
  • Mudaraba Excellent Benefit Deposite SCHEME (TBDS)

Al-Arafah Islami Bank FDR Rate

The interest rate of Al-Arafah Islami Bank varies from 8%.

Other Services of AIBL

Al-Arafah Islami Bank offers a lot of other services like cards, I Banking, Agent Banking, Islamic Wallet, and so on.

  • Cards
  • iBanking
  • Agent Banking
  • Islamic Wallet

Al-Arafah Islami Bank Helpline

To contact their hotline or get local information call their call center,

  • Call at 16343 or +880 2 7123255-7
  • Email at info@al-arafahbank.com or visit any nearest Branch.

Al-Arafah Islami Bank Branch List

Al-Arafah Islami Bank Limited has many branches in Bangladesh. In Dhaka district, It has 80 Branches, In Chattogram 50, Sylhet 8, Khulna 15, Rajshahi 8, Rangpur 5, Barishal 11, and Maymenshingh district has 5 branches. To know more information about Al-Arafah Islami Bank Branch click here.

Al-Arafah Islami Bank ATM

There is a total of 57 ATM booths of Al-Arafah Islami Bank Limited situated in 21 districts in Bangladesh. You may browse the ATMs by district or pick your nearby booth directly from the list below. The following table of all Al-Arafah Islami Bank ATM booths will help you to have any particular booth address with location, area, and districts. To know more click here.

Al-Arafah Islami Bank Routing

The bank routing number is a nine-digit identification number assigned to financial institutions and this number identifies the specific financial institution upon which a payment is drawn. This very special unique code is generated with the combination of 3 digits bank code, 2 digits district code, 3 digits branch code, and at last 1 check digit. This number is also printed on the bottom-left of your bank cheque pages.

There is a total of 117 branch routing numbers of Al-Arafah Islami Bank Limited situated in 38 districts in Bangladesh. Here is a list of all routing numbers listed firstly by district names and secondly by branch names alphabetically. To know more click here.

Al-Arafah Islami Bank Swift Code

WIFT code contains eight(8) to eleven(11) characters. Primary office SWIFT codes contain eight(8) characters. Branch office SWIFT codes contain eleven(11) characters. Al-Arafah Islami Bank SWIFT Code is ALARBDDH

Al-Arafah Islami Bank Currency Rate

Below is the currency rate of the Al-Arafah Islami Bank given in a form of a table, have a look.

CURRENCY
BUY SELL
USD 83.95 84.95
GBP 102.7427 107.5919
EURO 93.1136 98.3312

I hope that you have already found the information that you are looking for. I always try to make the article updated and informative. If you face any problems let us know by leaving a comment below. Stay with us to get more updated information. Thanks for staying with us and visiting our website.

M Mohsin Ali Sumon

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