Shahjalal Islami Bank
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Shahjalal Islami Bank
Shahjalal Islami Bank PLC. (SJIBPLC) is a shariah compliant private sector commercial bank headquartered in Dhaka, Bangladesh. History The bank was incorporated on 10 May 2001. The Shahjalal Islami Bank Foundation is the corporate social responsibility unit of the bank. In May 2011, Anwer Hossain Khan, chairman of Modern Diagnostic Centre and Anwer Khan Modern Hospital, was elected chairman of Shahjalal Islami Bank Limited. Md Harun Miah, director of Kushiara Financial Services Limited, and Khandoker Sakib Ahmed, director of Zuiria Trade International, were elected vice-chairmen of Shahjalal Islami Bank Limited. In November 2012, the Anti-Corruption Commission sued the former vice president of Shahjalal Islami Bank Limited, Sayed Hassan Imam, and five others for embezzling 131.7 million Taka from the bank. In 2014, the Anti-Corruption Commission arrested bank director and former chairman Mohammed Solaiman on charges of embezzling 1.4 billion Taka from the bank through bad loan ...
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Dhaka, Bangladesh
Dhaka ( or ; , ), List of renamed places in Bangladesh, formerly known as Dacca, is the capital city, capital and list of cities and towns in Bangladesh, largest city of Bangladesh. It is one of the list of largest cities, largest and list of cities proper by population density, most densely populated cities in the world with a density of about 34,000 citizens per square kilometers within a total area of approximately 300 square kilometers. Dhaka is a megacity, and has a population of 10.2 million residents as of 2024, and a population of over 23.9 million residents in Greater Dhaka, Dhaka Metropolitan Area. It is widely considered to be the most densely populated built-up urban area in the world. Dhaka is an important cultural, economic, and scientific hub of Eastern South Asia, as well as a major list of largest cities in the Organisation of Islamic Cooperation member countries, Muslim-majority city. Dhaka ranks list of cities by GDP, third in South Asia and 39th in the worl ...
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Younus Group Of Industries
Younus Group of Industries is a Bangladeshi diversified conglomerate based in Dhaka. Mohammed Yunus is the chairman of the group, Mahfuza Younus is a director, and Mohammed Rashedul Islam is the managing director of the group. History Mohammed Yunus established the Younus Group of Industries in 1981 as a cold storage company. It has expanded to include 27 companies. His wife, Mahfuza Younus, served as the group's managing director. The chairman of Younus Group, Mohammed Younus, was elected chairman of Shahjalal Islami Bank Limited in 2018. He was elected vice-president of the Bangladesh Chamber of Industries in 2023. Bangladesh Securities and Exchange Commission appointed a special auditor for the assets of Sonali Paper and Board Mills in 2022. Younus Group subsidiary Sonali Paper & Board Mills Limited reported a 20 percent decline in year-on-year revenue in 2024. It purchased Jago Corporation, founded in 2009, in February 2024. Jago Corporation manufactured water purifiers ...
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Companies Listed On The Dhaka Stock Exchange
A company, abbreviated as co., is a legal entity representing an association of legal people, whether natural, juridical or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Over time, companies have evolved to have the following features: "separate legal personality, limited liability, transferable shares, investor ownership, and a managerial hierarchy". The company, as an entity, was created by the state which granted the privilege of incorporation. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is to generate sales, revenue, and profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duties according to the publicly declared incorporation pu ...
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Banks Of Bangladesh
A bank is a financial institution that accepts Deposit account, deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. As banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of Bank regulation, regulation over banks. Most countries have institutionalized a system known as fractional-reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure accounting liquidity, liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but, in many ways, functioned as a continuation of ideas and concepts o ...
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Banks Established In 2001
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. As banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional-reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but, in many ways, functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ancie ...
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Prashanta Kumar Halder
Prashanta Kumar Halder, also known as PK Halder, is a Bangladeshi-Canadian banker, businessman and finance officer. He is known for embezzling of more than 102 billion taka ($854 million USD approximately as of 2024), one of the biggest cases in Bangladesh. ''The Daily Star (Bangladesh), The Daily Star'' called him the "Sultan of Swindle". Early life Prashanta Kuman Halder was born in a small village in Nazirpur Upazilla of the Pirojpur District in a Hindu family. His father's name is Prananendu Halder and mother's name is Lilavati Halder who was a teacher at a local governmental institute. He is the second son in the family. His elder brother's name is Pritish Kumar Halder. They both got graduated from the Bangladesh University of Engineering and Technology. Later he got his both MBA & Chartered Financial Analyst, CFA from the University of Dhaka. Career In 2008, Halder was made the Deputy Managing Director of Industrial and Infrastructure Development Finance Company Limited ...
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Electra International
Electra, also spelt Elektra (; ; ), is one of the most popular mythological characters in tragedies.Evans (1970), p. 79 She is the main character in two Greek tragedies, ''Electra'' by Sophocles and ''Electra'' by Euripides. She is also the central figure in plays by Aeschylus, Alfieri, Voltaire, Hofmannsthal, Eugene O'Neill, and Jean-Paul Sartre. She is a vengeful soul in '' The Libation Bearers'', the second play of Aeschylus' ''Oresteia'' trilogy. She plans out an attack with her brother to kill their mother, Clytemnestra. In psychology, the Electra complex is named after her. Family Electra's parents were King Agamemnon and Queen Clytemnestra of Mycenae. Her sisters were Iphigenia and Chrysothemis, and her brother was Orestes. In the ''Iliad'', Homer is understood to be referring to Electra in mentioning "Laodice" as a daughter of Agamemnon. Murder of Agamemnon Electra was absent from Mycenae when her father, King Agamemnon, returned from the Trojan War. When he came back ...
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Anwar Khan Modern Hospital Limited
Anwer Khan Modern Medical College (AKMMC) () is a private medical school in Bangladesh, established in 2008. The college is located in Dhanmondi, Dhaka. It is a constituent college affiliated with the University of Dhaka. The college offers a five-year program leading to a Bachelor of Medicine and Bachelor of Surgery (MBBS) degree. A one-year internship after graduation is compulsory for all graduates. The degree is recognised by the Bangladesh Medical and Dental Council. The college is attached to the 750-bed Anwer Khan Modern Medical College Hospital. ''Anwer Khan Modern Medical College Journal'' (''AKMMCJ'') is the official journal of the college. History Modern Health Group established Anwer Khan Modern Medical College in 2008. Instruction began the same year. Campus The college is located in Dhanmondi Thana, Dhaka. It is attached to 750-bed teaching hospital Anwer Khan Modern Medical College Hospital. Organization and administration The college is affiliated with Dhaka U ...
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The Daily Star (Bangladesh)
''The Daily Star'' is a Bangladeshi English-language daily newspaper. It is by far the largest circulating English-language newspaper in the country. Founded by Syed Mohammed Ali on 14 January 1991, as Bangladesh transitioned and restored parliamentary democracy, the newspaper became popular for its outspoken coverage of politics, corruption, and foreign policy. It is considered a newspaper of record for Bangladesh. The newspaper has been described as having a "reputation for journalistic integrity and liberal and progressive views - a kind of Bangladeshi ''New York Times''". Mahfuz Anam serves as the editor and publisher of ''The Daily Star.'' ''The Daily Star'' is owned by Mediaworld, in which a major share is held by the Transcom Group. ''Star Business,'' the business edition of the paper, is highly popular. The newspaper serves its Bengali readership digitally through its website. History In the late 1980s, plans for a major English newspaper in Bangladesh were drawn up ...
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Dhaka Tribune
The ''Dhaka Tribune'' is a major Bangladeshi English-language daily newspaper based in Dhaka, the country's capital and largest city. It also operates an online portal ( Bengali version) known as the '' Bangla Tribune''. The newspaper has a strong readership in Bangladeshi cities, particularly among the young generation, the diplomatic community, and expatriates; as well as a wide readership in South Asia and internationally. The newspaper is notable for its highly diverse op-ed content, with contributions from leading Bangladeshi, South Asian and international columnists. The newspaper is notable for being the fastest-growing English-language news media in Bangladesh's history, catering to the country's business community, middle class, public and private universities, and English medium schools. Several award-winning journalists have worked with the newspaper. History The newspaper began publication on 19 April 2013. The newspaper started as a broadsheet before going compact on ...
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Letter Of Credit
A letter of credit (LC), also known as a documentary credit or bankers commercial credit, or letter of undertaking (LoU), is a payment mechanism used in international trade to provide an economic guarantee from a creditworthy bank to an exporter of goods. Letters of credit are used extensively in the financing of international trade, when the reliability of contracting parties cannot be readily and easily determined. Its economic effect is to introduce a bank as an underwriter that assumes the counterparty risk of the buyer paying the seller for goods. Typically, after a sales contract has been negotiated, and the buyer and seller have agreed that a letter of credit will be used as the method of payment, the ''applicant'' will contact a bank to ask for a letter of credit to be issued. Once the ''issuing bank'' has assessed the buyer's credit risk, it will issue the letter of credit, meaning that it will provide a promise to pay the seller upon presentation of certain docum ...
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Bismillah Group
Bismillah Group is terry towel producer and exporter that embezzled 9.9 billion Taka from five separate banks and is located in Dhaka, Bangladesh. As of 2015 the banks are yet to recovery any of the stolen funds. History Bismillah group allegedly embezzled 5.27 billion Taka from Janata Bank. They embezzled 3.26 billion Taka from Prime Bank Limited, 1.54 billion Taka from Jamuna Bank. They further took 1.04 billion Taka from Shahjalal Islami Bank Limited and 625.3m taka from Premier Bank. This was done over the course of three years. They were aided by insiders in the banks. They made fake sales contract through their companies outside of Bangladesh. Then open letter of credit for phantom exports. The group Chairperson Nawrin Hasib and Managing Director Khaza Suleiman Chowdhury were charged in 12 cases by the Bangladesh Anti Corruption Commission The Anti Corruption Commission (; ''often abbreviated:'' ACC, ) is the principal government agency against corruption in Banglad ...
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