Dhaka, 24th February 2024: The 4th Islamic Finance Conference of Bangladeshi Aofi Fellows Forum (BAF), an organization of fellows of 
'Accounting and Auditing Organization for Islamic Financial Institutions-Aofi', a Bahrain-based Islamic banking and finance standard 
setting organization, was held in Mirpur on Saturday 24th February 2024. Held at BIBM Auditorium.Chair Professor of BIBM and former Deputy 
Governor of Bangladesh Bank Ahmed Jamal was present as the chief guest in the opening session of the day-long conference. Director General 
of BIBM Dr. Md. Syed Kamaluddin Abdullah Jafri, the founder and chairman of the board of trustees of Bangladesh Islamic University, spoke
 as the guest of honor in the program presided over by Akhtaruzzaman. In this '5th decade of Islamic banking in Bangladesh:Mohammad Munirul
 Mawla, Managing Director and Chief Executive of Islami Bank Bangladesh plc, presented a speech titled "Progress and Challenges" and a 
discussion titled "Necessity of Risk Sharing Philosophy of Islamic Finance" was presented by Prof. Dr. Insafe University of Malaysia. 
BAF president and associate professor of BIBM. Md. Mohabbat Hossain gave a welcome address to the conference. The convener of the 
conference and Executive Vice President of Eastern Bank AKM Mizanur Rahman expressed his thanks. A total of 500 domestic and international Islamic banking and finance experts, regulators, Shariah scholars, teachers, students and professionals participated in this day-long conference, including 443 fellows of Awfi in Bangladesh.
Obaiyatullah Ismat Bacha.In addition to this, the conference on Islamic banking and financing, "interest-free banking in Bangladesh"
 and M. Azizul Haque', 'Sukuk: Structuring and Governance' and 'Sud: Problems and Solutions' were unveiled.Apart from this, the web site of BAF and IBCF was inaugurated.
 Former Governor of Bangladesh Bank and Emeritus Fellow of BIBM Fazle Kabir was present as the chief guest in the closing session of 
the conference. Chairman of Al-Arafah Islami Bank Plc Alhaj Abdus Samad, Deputy Governor of Bangladesh Bank Nurunnahar and former 
Deputy Governor AKM Sajedur Rahman Khan spoke as guests of honour.Humaira Azam, managing director and chief executive of Trust Bank Plc,
 gave a speech as a special guest.
In the day-long conference, a total of 8 papers were presented in panel discussions by domestic and international Islamic banking and 
finance experts and professionals in various academic sessions. Among them, former Foreign Secretary and OIC Assistant Secretary General 
Ambassador Mohammad Mohsin presented an article titled 'Islamic Banking and Finance in Bangladesh: Looking back at history', and 
BIBM Professor Dr. Shah Md. Ahsan Habib.Dr. presented more articles. Muhammad Kabir Hasan, AKM Mizanur Rahman, Md. Atiqur Rahman Khan Khadem, Mejbah Uddin Ahmed, Mufti Abdullah Masum and Muhammad Abdur Rahim.
  In 2024, a total of 7 individuals and one organization were awarded in various categories for their outstanding contribution to the 
Islamic finance and banking sector including education and research, implementation of Shariah governance in Bangladesh.Syed Kamaluddin 
Abdullah Jafri received the newly introduced 'Baf Shari'ah Scholar Award 2024'. Islamic Banks Consultative Forum (IBCF) won the 'Baf 
Shah Abdul Hannan Award 2024' in the institutional category, Abdul Awal Sarkar won the 'Baf M Azizul Haque Award 2024' in the individual
 category, 5 people have won the BAF Award in 2024 from among the fellows. They are the director of Bangladesh Bank. Muhammad Amir 
Hossain,IFA Consultancy Founder Director Mufti Abdullah Masum, Al Arafah Islami Bank Executive Vice President Kamal Hossain FCA, Islami 
Bank Training and Research Academy Head of Research Md. Atiqur Rahman Khan Khadem and Trust Bank Officer Abdur Rahman Ferdous.BAFF is
 essentially a knowledge sharing platform of leading and working professionals in the Islamic banking and finance sector in Bangladesh. 
Its main objective is to enrich the knowledge base of the policy makers and professionals of this sector and to promote the country's 
financial sector to a prosperous and international standard through mutual knowledge, skills and experience sharing.