Al-Arafah Islami Bank Limited has awarded scholarships to 200 meritorious and  underprivileged students, who passed HSC or equivalent exams in 2019 at a ceremony held at  Officers Club Dhaka on Saturday, 28 May, 2022. Governor of Bangladesh Bank Fazle Kabir was present as the Chief Guest and handed over Scholarship Certificates to the students.  Chairman of the Bank Alhajj Salim Rahman presided over the ceremony. Managing Director  and CEO Farman R. Chowdhury delivered the welcome speech. 

Directors Alhajj Abdus Samad Labu, Alhajj Abdul Malek Molla, Alhajj Hafez Md. Enayet  Ullah, Alhajj Niaz Ahmed, Alhajj Niaz Ahmed, Alhajj Engr. Khandaker Mesbah Uddin  Ahmmed, Alhajj Liakat Ali Chowdhury, Alhajj Md. Anowar Hossain, Alhajj Md. Harun-Ar Rashid Khan. Among others, Deputy Managing Directors, Executives of Head Office,  Guardians of Students were also present on the occasion.

Al-Arafah Islami Bank one of the leading private commercial bank of the country has been  initiating various social and humanitarian welfare programs since its inception. Under the  Scholarship program the Bank will provide scholarship for 200 students yearly to carry on  their higher study. From fourth year of the program a total number of 800 students will get  scholarship worth of tk. 4 crore yearly. Every student of the education will get a monthly  scholarship of 3500 taka monthly and 8000 taka once.