Dhaka,  Monday 23 Dec 2024,
09:19:54 PM

Islami Bank Executive Development Program held

Staff Reporter ।। The Daily Generation Times
29-02-2024 01:52:16 PM
Islami Bank Executive Development Program held
The Executive Development Program titled “Islami Banking Liquidity Management and FinTech” organized by Islami Bank Training and Research
Academy (IBTRA) was held on Wednesday 28 February 2024 at Islami Bank Tower. The Bank's Managing Director and CEO Muhammad Munirul Mawla
presided over a discussion on Islamic Banking Liquidity Management.Prof. Dr. Obayetullah Ismat Bacha of ICEIF University of Malaysia and
Assistant Prof. Dr. discussed Islamic fintech. Ali Jang. Additional Managing Director Muhammad Qaiser Ali gave the welcome speech.
Additional Managing Director JQM Habibullah FCS and Md. Altaf Hossain on the occasion.Senior executives of the head office including
Deputy Managing Director Mohammad Sabbir and Qazi Md Rojaul Karim were present. Besides, all zone and branch heads were connected through
Zoom platform.Professor Dr. Obayetullah Ismat Bacha said that Islamic banking is expanding rapidly all over the world along with the
expansion of Islamic money market. Islamic banking cannot penetrate financial markets as widely as conventional banking. Yet the spread
of Islamic banking is wide.Dr. Ali Zhang said fintech is making a significant contribution to financial inclusion in this era of the
fourth industrial revolution. Modern technologies like AI, block chain and big data should be adopted to make bank's activities easier
and more reliable. He appreciated the technology oriented services of Islami Bank.Muhammad Munirul Mawla said in the speech of the
President that in the current context, Islami Bank is doing liquidity management efficiently. Moreover, Islami Bank is emphasizing on
fintech technology considering the convenience of customers. Islami Bank's fintech app-Selfin is currently the most widely used and
popular app in the country. He also said that technology-based services of Islamic banks are making an important contribution to the
expansion of the Islamic money market and financial inclusion.