Community Bank Enters Islamic Banking with the Launch of ‘Community Islamic’
Dhaka, 26 October 2026: Community Bank Bangladesh PLC has opened a new avenue for customers seeking Shariah-based financial services with the launch of ‘Community Islamic’. Introduced alongside its conventional banking services, the initiative broadens customer choice and extends the Bank’s reach, with Shariah compliance central to its operations.
Mr. Md. Ali Hossain Fakir, BPM, Inspector General of Police, Bangladesh Police, and Chairman of Community Bank Bangladesh PLC, formally inaugurated the initiative as chief guest by cutting a ribbon at the Bank’s Chawkbazar Branch at Shahjahan Imam Tower in Dhaka on Monday.
The programme opened with a recitation from the Holy Quran. Speakers subsequently discussed the importance of Shariah-based banking in promoting ethical financial practices, strengthening customer confidence and supporting the well-being of society.
Delivering the opening remarks, Mr. Mohammed Emtiaz Uddin, Managing Director of Community Bank Bangladesh PLC, who guided the successful rollout of Community Islamic, outlined the Bank’s aim to serve a broader customer base through Islamic banking alongside its conventional services. He emphasised adherence to Shariah principles, transparency and responsible customer service as the foundations for developing Community Islamic into a trusted banking service.
Speaking next, Mr. Mohammad Anisur Rahman, Director of the Islamic Banking Regulations and Policy Department of Bangladesh Bank, highlighted the importance of sound banking practices and Shariah compliance in building confidence in Islamic financial services. His remarks also addressed the wider benefits of transparent and responsible financial dealings for customers and society.
Mufti Abdullah Masum, Chairman of the Shariah Supervisory Committee of Community Islamic, then discussed the ethical foundations of Islamic banking. He highlighted honesty, trustworthiness and fairness in financial transactions, underscoring the importance of observing Shariah principles in serving customers and contributing to social well-being.
Mr. Khondoker Rafiqul Islam, BPM, PPM, Additional Inspector General (HRM), Bangladesh Police, and a Director of the Bank, spoke about the role of ethical banking in strengthening public trust. He emphasised fair dealings and responsible service as important elements in building lasting relationships with customers and supporting the community.
Mr. Md. Akram Hossain, BPM (Sheba), Additional Inspector General (Finance), Bangladesh Police, and a Director of the Bank, highlighted the importance of widening access to banking services that respond to customers’ financial needs and values. He also discussed the contribution of responsible, Shariah-based financial services to economic participation and public welfare.
In his address, the chief guest emphasised earning customers’ trust through honesty, integrity and adherence to Shariah principles. He expressed the expectation that Community Islamic would uphold these values in its operations and contribute to people’s well-being.
Also attending were Mr. A K M Awlad Hossain, BPM, Additional Inspector General (Admin), Bangladesh Police, and a Director of the Bank; and Mr. Ahmad Muyeed, BPM (Sheba), Additional Deputy Inspector General, Bangladesh Police Kallyan Trust, Bangladesh Police, and a Director of the Bank. Barrister Mohammad Mosharraf Hossain, Additional Inspector General and Chief of the Criminal Investigation Department (CID), Bangladesh Police, was also present.
Other attendees included Mufti Md. Ilias Hossain Emon and Mufti Lukman Hasan, members of the Shariah Supervisory Committee of Community Islamic; Mr. Shamsul Haque Sufyani, Chief Operating Officer of the Bank; and Mr. Anwarul Kabir, Head of Community Islamic, alongside senior officials from Bangladesh Police and the Bank.