Photo for illustrative purposes only. Skyline of Dhaka, Bangladesh.

Islamic Finance

Bangladesh to get 10 full-fledged Islamic banks as Standard, NRB Global set to convert – media


Bangladesh will get two more Islamic banks as Standard Bank and NRB Global are set to become full-fledged Shariah-compliant, taking the total to ten, reported local media on Monday (Feb 10).

The Daily Star and Dhaka Tribune both reported that Bangladesh Bank (BB), the central bank, approved on Sunday proposals from the two private banks to become fully Islamic.

No timeline was given for the conversion of the two banks.

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Islamic Banks