Al-Arafah Islami Bank, one of the leading Shari’ah-based banks in the country, has launched three new deposit products as part of its ongoing efforts to expand the scope of modern banking services. The newly introduced products are Al-Wadiah Current Plus Account, Mudaraba Savings Plus Deposit and Mudaraba Youth Saver Account. Managing Director (Current Charge) of the Bank Mohd. Rafat Ullah Khan launched the three products as the chief guest held at the bank’s head office on Tuesday, May 27.

Managing Director (Current charge) Mohd. Rafat Ullah Khan said, we are committed to meeting customer needs by combining modern technology with Islamic values. These three new deposit products will add a new dimension to the banking experience for retail, corporate, SME, and young customers across the country. Through digital innovation, we are making Shariah compliant banking services accessible to people from all walks of life. These products offer attractive profit rates and benefits to encourage savings and investment.

He sincerely invited clients to take advantage of the new deposit products and experience the bank’s modern, Shariah-compliant banking services. The event was chaired by Deputy Managing Director Md. Fazlur Rahman Chowdhury. Deputy Managing Directors of the Bank Md. Abdullah Al Mamun, Md. Asaduzzaman Bhuiyan, Mohammad Hossain, S. M. Abu Zafar and senior executives from the head office and managers of the corporate branch were also present at the ceremony. Branch managers from across the country also joined the event virtually.