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Press Release
12-Sep-2011
Social Islami Bank Ltd opens 65th Naogaon Branch
Social Islami Bank Limited (SIBL) has opened its 65th Naogaon Branch on 12 September 2011 in Sonali Bank Road, Naogaon. Chairman of the Board Audit Committee of SIBL Alhaj Sultan Mahmood Chowdhury inaugurated the branch being present as chief guest. Banks Managing Director Mr. Muhammad Ali presided over the inaugural function which was attended among others by Mr. Noor-A-Alam Chowdhury as special guests. Banks Additional Managing Director Mr. Abu Sadek Md. Sohel, senior executives, clients and local elites were present.
07-Sep-2011
SIBL donates Auto re-factometer to Shah Sultan Lns. Eye Hospital
Social Islami Bank Limited has donated an Auto re-factometer Machine to Shah Sultan Lns. Eye Hospital, of Bogra. SIBL Chairman Mr. Kamaluddin Ahmed handed over a document of the machine to the Mr. Shafiul Islam Khokon, Secretary of the Hospital at a simple ceremony in SIBL Board Room in Dhaka on 07.09.2011. Chairman of the Board Audit Committee of SIBL Alhaj Sultan Mahmood Chowdhury, Additional Managing Director Mr. Abu Sadek Md. Sohel, Deputy Managing Director Mr. Md. Shafiqur Rahman and other senior executives of the Bank and the Hospital are present
25-Aug-2011
SIBL Opens its Own ATM booth
In its move towards modern and technology based banking Social Islami Bank Ltd (SIBL) has opened its own ATM booth in Foreign Exchange Branch situated at BIWTA Bhaban, Motijheel C/A, Dhaka on 25.08.2011. Banks Chairman Mr. Kamaluddin Ahmed inaugurated the booth which is connected with Q-cash network. Card-holders of 25 banks can withdraw money and check bank statements in the booth. SIBL would establish 20 such booths this year. Banks Managing Director Mr. Muhammad Ali, Additional Managing Director Mr. Abu Sadek Md. Sohel, Senior EVP Mr. AMM Farhad, other senior executives of the bank and clients were present in the opening ceremony.
11-Aug-2011
SIBL Members Honoured
Social Islami Bank Ltd (SIBL) has honoured children of SIBL family who have achieved glorious results in S.S.C, H.S.C and other examinations of 2011. SIBL Chairman Mr. Kamal Uddin Ahmed handed over cash incentives and crest to the 22 brilliant students in a simple function at Officers Club of Dhaka on 11.08.2011. Managing Director Mr. Muhammad Ali presided over the function, which was attended by Additional Managing Director Mr. Abu Sadek Md. Sohel, , Deputy Managing Director Md. Shafiqur Rahman, SIBL senior executives and others.
30-Jul-2011
SIBL implements Sharia-Compliant Centralized Core Banking System
Social Islami Bank Ltd has implemented Sharia Compliant Centralised Core Banking System. This has made the Bank truly real-time online.

SIBL I T officers were honoured for this extraordinary accomplishment in a ceremony held in the head office of the bank on 30.07.2011. SIBL Chairman Mr Kamaluddin Ahmed gave away crests and certificates among the IT Officers being present as chief guest. Managing Director Mr Muhammad Ali presided over the reception meeting which was attended by Board Audit Committee chairman Mr Sultan Mahmood Chowdhury , Executive Committee Chairman Mr Nasiruddin , Director Mr Abdul Jabber Mollah and Director Md Sayedur Rahman as special guests. Senior executives of the Bank and Vendor company Millennium Solutions Ltd were also present.
23-Jul-2011
Environment Risk Rating and Preparation of Error-free Investment Proposal held in SIBL
Social Islami Bank Ltd (SIBL) has organized a workshop titled: `` Environment Risk Rating and Preparation of Error-free Investment Proposal`` on 23.07.2011. Mr Abu Sadek Md Sohel , Additional Managing Director inaugurated the workshop being present as chief Guest. Mr Md Mohashin Mia , Senior Executive Vice President and other executives were present in the opening ceremony. Investment officers of different branches of SIBL took part in the workshop.
16-Jul-2011
Central Sharia Board for Islamic Banks meets
The 27th General Meeting of 'Central Shariah Board for Islamic Banks of Bangladesh (CSBIB)' was held on Saturday July 16, 2011 in the Board Room of Social Islami Bank Limited (SIBL). Dr. Muhammad Mustafizur Rahman, Vice Chairman of CSBIB, presided over the meeting. The meeting was attended by the chairmen and Managing Directors of the member banks and also the chairmen and member secretaries of the Shariah Councils of the relevant Banks including Shah Abdul Hannan, EC Chairman of CSBIB and Mr. Kamaluddin Ahmed, Chairman of SIBL.

The meeting discussed different issues related with Shariah compliance of Islamic Banks in Bangladesh and approved Shariah principles on five issues. The meeting approved audit report, yearly budget and yearly work plan of the board. The meeting also approved the CSBIB membership for Bank Asia Limited and Islamic Finance and Investment Limited (IFIL).
08-Jul-2011
SIBL Half Yearly BUSINESS CONFERENCE 2011
The Half Yearly Business Conference 2011 of Social Islami Bank Limited (SIBL) was held on July 08 ,2011 at Jamuna Resourt, Tangail. Banks Chairman Mr. Kamaluddin Ahmed was the chief guest and honble directors of SIBL were present as special guests. The Managing Director of the Bank Mr. Muhammad Ali presided over the conference. Mr. Abu Sadek Md Sohel, Additional Managing Director gave vote of thanks.Banks Deputy Managing Director Mr. Md. Shafiqur Rahman, Managers of 64 branches of the bank and Senior executives were present in the conference. Half yearly business targets for the year 2011 and strategy for achieving the targets were adopted in the conference.

SIBL Chairman Mr. Md. Kamaluddin Ahmed in his valuable speech appreciated the Branch Managers for their achievement and success. He said the bank has made tremendous success in the first half of year 2011. He advised the Branch Managers to work hard for the overall development of business and to achieve the targets set forth for of 2011. So that this Bank can become one of the best private banks of the country. The Chairman expressed the optimism for the best performance for the half yearly business targets of the bank. He said that SIBL has taken risk management measures to safeguard the interest of the depositors.

The Managing Director advised the Branch Managers to work with total commitment to achieve the business targets for the year-2011. He also stressed the need for participation of all officers and employees of the Bank in all activities so that target fixed for year-2011 is achieved. He advised the Branch Managers to increase their efforts to mobilize more deposits and earn more profit.
04-Jul-2011
SIBL opens its own ATM booth
In its move towards modern and technology based banking Social Islami Bank Ltd (SIBL) has opened its own ATM booth in Principal Branch situated in Dilkusha C/A on 04.07.2011. Banks Managing Director Mr. Muhammad Ali inaugurated the booth which is connected with Q-cash network. Card-holders of 25 banks can withdraw money and check bank statements in the booth. SIBL would establish 20 such booths this year. Banks Additional Managing Director Mr. Abu Sadek Md. Sohel, Deputy Managing Director Mr. Md. Shafiqur Rahman, Senior EVP Mr. Md. Mohashin Miah, Senior EVP Mr. AMM Farhad, other senior executives of the bank and clients were present in the opening ceremony.
28-Jun-2011
Donates for Underprivileged Childrens Education
As part of Corporate Social Responsibility Social Islami Bank Limited (SIBL) has handed over a cheque for the development of Ureka School, a school for the underprivileged situated in Uttara Dhaka. SIBL Chairman Mr. Kamaluddin Ahmed handed over the cheque to Mr. Nuruzzaman Firoz, Founder of the school. SIBL is committed to give Tk 9.00 (nine) lac per annum perpetually to the school. Banks Managing Director Mr. Muhammad Ali presided over the ceremony which was attended among others by SIBL Directors Md Shah Alam, Dr Lily Amin and Mrs Taslima Akhtar, Banks Additional Managing Director Mr. Abu Sadek Md. Sohel, Deputy Managing Director Md. Shafiqur Rahman, Executives and others.
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