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Islami Bank
Islami Bank PLC. (), abbreviated as IBBPLC, more commonly known as Islami Bank, is an Islamic banking company based in Bangladesh. It became incorporated on 13 March 1983 as a public limited company under the Companies Act 1913, and started operation on 30 March, the same year. IBBPLC maintains its own ATM Booths with a country-wide shared ATM network. IBBPLC has been the largest private banking network in Bangladesh. The bank has been listed with both Dhaka Stock Exchange Ltd. and Chittagong Stock Exchange Ltd. History Bangladesh became a member of the Organisation of Islamic Cooperation (OIC) in February 1974 and signed the charter for Islamic Development Bank in September that year. In April 1978, the 9th conference of OIC foreign ministers recommended for reorganizing the banking system of the member countries to Islamic operations systems gradually. In November 1980, A S M Fakhrul Ahsan, Director (Research) of Bangladesh Bank recommended for commencing Islamic banking op ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Limited Company
A public limited company (legally abbreviated to PLC or plc) is a type of public company under United Kingdom company law, some Commonwealth of Nations, Commonwealth jurisdictions, and Republic of Ireland, Ireland. It is a limited liability company whose shares may be freely sold and traded to the public (although a PLC may also be privately held, often by another PLC), with a minimum share capital of £50,000 and usually with the letters PLC after its name. Similar companies in the United States are called Public company, ''publicly traded companies''. A PLC can be either an unlisted or listed company on the stock exchanges. In the United Kingdom, a public limited company usually must include the words "public limited company" or the abbreviation "PLC" or "plc" at the end and as part of the legal company name. Welsh companies may instead choose to end their names with , an abbreviation for '. However, some public limited companies (mostly nationalization, nationalised concer ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Act 1913
The Companies (Consolidation) Act 1908 ( 8 Edw. 7. c. 69) was an Act of the Parliament of the United Kingdom, which was part of the company law of that country and of the Republic of Ireland. This Act was one of the Companies Acts 1908 to 1928. This Act was to be construed as one with the Companies Act 1913 ( 3 & 4 Geo. 5. c. 25).The Companies Act 1913section 2/ref> The whole Act was repealed by section 381(1) of, and Part I of the Twelfth Schedule to, the Companies Act 1929 ( 19 & 20 Geo. 5. c. 23), subject to sections 381(2) and 382 of that Act. The whole Act was repealed, as to the Republic of Ireland, by section 3(1) of, and the Twelfth Schedule to, the Companies Act, 1963, subject to the savings in section 3 of that Act. This Act was retained for the Republic of Ireland by section 2(1) of, and Part 4 of Schedule 1 to, the Statute Law Revision Act 2007. As to companies registered under this Act, see formerly sections 675 to 677 of the Companies Act 1985 and sections 37 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ananda Shipyard & Slipways Limited
Ananda Shipyards and Slipways is a Bangladeshi shipbuilding company, founded in 1983. It is a part of the Ananda Group of companies. Ananda Shipyards, along with Western Marine Shipyard, is one of two major exporters of ships from Bangladesh. It was the first Bangladeshi shipbuilding company to deliver a seagoing vessel to a foreign customer, the ''Stilla Marriage'' which was delivered to a customer in Denmark. As of November 2008 the company had received orders worth $373 million from European and African buyers for building 34 vessels. In 2022, the shipyard exported the largest domestically produced vessel ever exported from Bangladesh, a 6,100 deadweight tonnage (dwt) oceangoing container vessel sold to a UK buyer, Enzian Shipping Company Ltd. Controversy After winning a large number of bids in the late 2000s, the company succumbed to the global recession and failed to deliver orders on-time to many customers. This led to a call on performance bonds covering the company's pr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Al-Rajhi Bank
Alrajhi Bank (), previously known as Alrajhi Banking and Investment Corporation, is a Saudi Arabian bank and the world's largest Islamic bank by capital based on 2015 data. The bank is a major investor in Saudi Arabia's business and is one of the largest joint stock companies in the Kingdom, with over SR 330.5 billion in AUM ($88 billion) and over 600 branches. Its head office is located in Riyadh, with six regional offices. Al Rajhi Bank also has branches in Kuwait and Jordan, and a subsidiary in Malaysia and Syria. Al Rajhi Bank has market capitalization of SR 302.80 billion. History Alrajhi Bank was founded in 1957, and is one of the largest banks in Saudi Arabia, with over 9,600 employees and $88 billion in assets. The bank is headquartered in Riyadh, and has over 600 branches, primarily in Saudi Arabia, but also in Kuwait, and Jordan, with a subsidiary in Malaysia. The bank was started by four brothers, Saleh, Sulaiman, Mohamed, and, Abdullah of the Alrajhi family, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Textile Industry In Bangladesh
The textile and clothing industries provide the most significant source of economic growth in Bangladesh's rapidly developing economy. Exports of textiles and garments are the principal source of foreign exchange earnings. By the end of December 2024, the Bangladeshi Garments Industry has earned $50 Billion from exports, an 8.3% increase in the past year according to the Export Promotion Bureau (EPB). By 2002 exports of textiles, clothing, and ready-made garments (RMG) accounted for 77% of Bangladesh's total merchandise exports. Emerging as the world's second-largest exporter of ready-made garment (RMG) products, Bangladesh significantly bolstered employment within the manufacturing sector. In 1972, the World Bank approximated the gross domestic product (GDP) of Bangladesh at US$6.29 billion, and it grew to $368 billion by 2021, with $46 billion of that generated by exports, 82% of which was ready-made garments. As of 2016 Bangladesh held the 2nd place in producing garments j ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Economist
''The Economist'' is a British newspaper published weekly in printed magazine format and daily on Electronic publishing, digital platforms. It publishes stories on topics that include economics, business, geopolitics, technology and culture. Mostly written and edited in London, it has other editorial offices in the United States and in major cities in continental Europe, Asia, and the Middle East. The newspaper has a prominent focus on data journalism and interpretive analysis over News media, original reporting, to both criticism and acclaim. Founded in 1843, ''The Economist'' was first circulated by Scottish economist James Wilson (businessman), James Wilson to muster support for abolishing the British Corn Laws (1815–1846), a system of import tariffs. Over time, the newspaper's coverage expanded further into political economy and eventually began running articles on current events, finance, commerce, and British politics. Throughout the mid-to-late 20th century, it greatl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government Of Bangladesh
The government of the People's Republic of Bangladesh () is the central government of Bangladesh. The government was constituted by the Constitution of Bangladesh comprising the executive (the president, prime minister and cabinet), the legislature (the Jatiya Sangsad), and the judiciary (the Supreme Court). Bangladesh is a unitary state and the central government has the authority to govern over the entirety of the nation. The seat of the government is located in Dhaka, the capital of Bangladesh. The executive government is led by the prime minister, who selects all the remaining ministers. The prime minister and the other most senior ministers belong to the supreme decision-making committee, known as the Cabinet. After the resignation of Sheikh Hasina in August 2024, the current interim government is led by Dr. Muhammad Yunus as chief adviser. Head of state The president serves as the head of state, primarily fulfilling ceremonial duties, while the prime m ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kuwait
Kuwait, officially the State of Kuwait, is a country in West Asia and the geopolitical region known as the Middle East. It is situated in the northern edge of the Arabian Peninsula at the head of the Persian Gulf, bordering Iraq to Iraq–Kuwait border, the north and Saudi Arabia to Kuwait–Saudi Arabia border, the south. With a coastline of approximately , Kuwait also shares a maritime border with Iran, across the Persian Gulf. Kuwait is a city-state, most of the country's population reside in the urban area, urban agglomeration of Kuwait City, the capital and largest city. , Kuwait has a population of 4.82 million, of which 1.53 million are Kuwaiti nationality law, Kuwaiti citizens while the remaining 3.29 million are Expatriates in Kuwait, foreign nationals from over 100 countries. Kuwait has the world's third List of sovereign states by immigrant and emigrant population, largest number of foreign nationals as a percentage of the population, where its citizens make up less th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Saudi Arabia
Saudi Arabia, officially the Kingdom of Saudi Arabia (KSA), is a country in West Asia. Located in the centre of the Middle East, it covers the bulk of the Arabian Peninsula and has a land area of about , making it the List of Asian countries by area, fifth-largest country in Asia, the largest in the Middle East, and the List of countries and dependencies by area, 12th-largest in the world. It is bordered by the Red Sea to the west; Jordan, Iraq, and Kuwait to the north; the Persian Gulf, Bahrain, Qatar and the United Arab Emirates to the east; Oman to the southeast; and Yemen to Saudi Arabia–Yemen border, the south. The Gulf of Aqaba in the northwest separates Saudi Arabia from Egypt and Israel. Saudi Arabia is the only country with a coastline along both the Red Sea and the Persian Gulf, and most of Geography of Saudi Arabia, its terrain consists of Arabian Desert, arid desert, lowland, steppe, and List of mountains in Saudi Arabia, mountains. The capital and List of cities ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Banks In Bangladesh
The bank sector in Bangladesh consists of several types of institutions. Bangladesh Bank is the central bank of Bangladesh and the chief regulatory authority in the banking sector. According to the Bangladesh Bank Order, 1972 the Government of Bangladesh reorganized the Dhaka Branch of the State Bank of Pakistan as the central bank of the country and named it Bangladesh Bank with retrospective effect from 16 December 1971. Other than Bangladesh Bank, banks in Bangladesh are primarily categorized into two types: Scheduled and Non-Scheduled banks. Scheduled banks Scheduled banks are licensed under the Bank Company Act, 1991 (Amended to 2013). Currently, there are 62 scheduled banks in Bangladesh. ''State-owned commercial banks (SOCBs)'' There are 6 state-owned commercial banks (SOCBs) that are fully or majorly owned by the Government of Bangladesh. * Agrani Bank PLC * Janata Bank PLC * Sonali Bank PLC * Rupali Bank PLCBangladesh Development Bank PLC. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Organisation Of Islamic Cooperation
The Organisation of Islamic Cooperation (OIC; ; ), formerly the Organisation of the Islamic Conference, is an intergovernmental organisation founded in 1969. It consists of Member states of the Organisation of Islamic Cooperation, 57 member states, 48 of which are List of countries by Muslim population, Muslim-majority.Pew Forum, The Pew Forum on Religion and Public Life. December 2012.The Global Religious Landscape: A Report on the Size and Distribution of the World’s Major Religious Groups as of 2010." DC: Pew Research CenterArticle. The organisation claims to be "the collective voice of the Muslim world" and works to "safeguard and protect the interests of the Muslim world in the spirit of promoting international peace and harmony". OIC has permanent delegations to the United Nations and the European Union. Its official languages are Arabic, English language, English, and French language, French. It operates List of Organisation of Islamic Cooperation organizations, affil ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chittagong Stock Exchange
The Chittagong Stock Exchange () is a stock exchange based in the port city Chittagong, Bangladesh. It is one of the twin financial hubs of the country, alongside the Dhaka Stock Exchange. Established in 1995, the exchange is located in the Agrabad business district in downtown Chittagong. It has a combined market capitalization of over US$ 38 billion as of 2020. Timeline *1 April 1995, CSE incorporated as a company. *10 October Floor trading started in cry out system. *10th October 1995, formally opened by then former Prime Minister Begum Khaleda Zia. *30 May 2004, Internet based Trading system opened. *8 July 2015, CSE launched new brand logo. Trading hours Market opens at 09:30 am local time. Market closes at 01:50 pm local time. 2010-11 crash The bullish market turned bearish during 2010, with the exchange losing 1,800 points between December 2010 and January 2011. Millions of investors have been rendered bankrupt as a result of the market crash. The crash is believ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
