Islamic Finance and Investment Limited

Investment Sector

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Achievements

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Receiving of Crest of Honour

The Gono Jagaran a daily newspaper has given the Crest of Honour to IFIL for its contribution to financial sector of Bangladesh in April,2011.

Milestones

Deposit Scheme

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Bismillahir Rahmanir Raheem

In the name of Allah,The most Gracious,The most Beneficent and The most Merciful

Islamic Finance and Investment Limited (IFIL) is a financial Institution incorporated in Bangladesh on February 27, 2001 as a Public Limited Company under the Companies Act, 1994. The company obtained its license from Bangladesh Bank on April 12, 2001 as required under Section 4(1) of the Financial Institutions Act, 1993. IFIL has a authorized capital of Tk. 1000.00 million out of which Tk. 1016.814 million is paid up. The Company went for public issue in 2005. It is listed in both Dhaka  Stock Exchange Limited and Chittagong Stock Exchange Limited.

IFIL started its commercial operation on April 19, 2001. From the very beginning of  its operation, IFIL is playing an important  role in leasing sector. As a full fledged financial institution it receives deposits and extends investments through better counseling and effective services to the clients for the socio-economic development of the country. The company continued to be a major financier to Industrial sector and has also supported sectors like real estate, trading and other sectors. IFIL  is the first ISO certified company in the financial arena of Bangladesh. It is regulated and supervised by Bangladesh Bank. As a listed company in the Stock Exchanges, IFIL complies requirements of Securities and Exchange Commission. As per the latest Bangladesh Bank Inspection Report  IFIL’s CAMEL rating is 2(Two) i.e. satisfactory.

 

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