Thru` cleft lip & cleft palate operations for the poor, Launched by SIBL and Bashundhara Group

Social Investment Bank Limited and Bashundhara Group launched 2nd phase of “Smile Brighter” through it’s free cleft lip & cleft palate operations for the poor people as a part of its social corporate responsibility. SIBL Chairman Major Dr. Rezaul Haque (Retd.) inaugurated the event at South View Hospital, Mirpur, Dhaka on 28th September, 2006.

Other Directors of SIBL, Managing Director Mr. K. M. Ashaduzzaman, Senior Executives of the Bank and Bashundhara Group, Plastic Surgeons of South View Hospital and other Staff, Journalist were also present on the occasion.

Dr. Reza, Chairman, SIBL said that our Bank is a Shariah Based Joint Venture Bank with specialized Three Sector Model i.e. Formal, Non-Formal & Voluntary Sector Banking. The Formal Sector deals with Islamic Commercial Banking as a schedule Bank. Non-Formal works with family empowerment Micro-Credit Program, Micro Enterprise & SME’s, while the 3rd is the voluntary sector deals with Cash Waqf & Waqf Certificate scheme which is an innovative financial product for the welfare of the man kind before & after death. He also said as part of voluntary sector banking SIBL has launched today cleft lip & cleft palate operation program for the poor people. He urged all the Banks & financial Institution to come forward to do the similar activities for well being of the humanity.

Mr. K. M. Ashaduzzaman Khan said that SIBL has been successfully operating the Cash Waqf Deposit Account under voluntary sector banking since 1998. Cash Waqf is a perpetual in nature & only the profit of the same is distributed towards the specified purpose as desired by Waqif. SIBL being the pioneer of the Cash Waqf has achieved both local & international commendations.

Author: Mohammad Abdul Karim, AVP & PRO

Source: PRD, SIBLHO