The 11^th meeting of the Board of Directors of Sammilito Islami Bank PLC, a state-owned Shariah-based bank, was held today (August 25, 2026) at its corporate office Dhaka. Chairman of the Board of Directors of the Bank Quazi Shairul Hassan presided over the meeting.

Members of the Board of Directors and Secretary of the Legislative Division of the Ministry of Law, Justice & Parliamentary Affairs Dr. Hafiz Ahmed Chowdhury; Secretary of the Economic Relations Division of the Ministry of Finance Md. Shahriar Kader Siddiky; Joint Secretary of the Finance Division of the Ministry of Finance Mohd. Rashedul Amin; Joint Secretary of the Financial Institutions Division of the Ministry of Finance Sheikh Farid; Lt. Col. (Retd.) Md. Khan Sobayel Bin Rafiq, PhD; Asma Akhter, FCA; K. M. Zakaria; Mohammed Ahsan Habib Chowdhury, FCA; Managing Director of Sammilito Islami Bank Abedur Rahman Sikder and Company Secretary (CC) of the Bank Md. Monirul Islam were present at the meeting.

The meeting discussed Bangladesh Bank’s recent instructions regarding customer assurance at Sammilito Islami Bank. In line with the instructions, initiatives are taken allowing individual depositors to withdraw required principal amount from Al-Wadi’ah Current Accounts, Mudaraba Savings Accounts and Mudaraba Term Deposits from September 1, 2026 and cancellation of the applicable haircut provisions. The meeting also approved several investment proposals and advised the Bank’s management to take initiatives for regularization of banking service.