Community Bank Bangladesh PLC launched "Community Islamic" on Monday (26 October, 2026) at its Chawkbazar branch in Dhaka to offer Shariah-based financial services alongside conventional banking, with Shariah compliance central to the initiative.
Inspector General of Police Md Ali Hossain Fakir, BPM, also chairman of Community Bank Bangladesh, formally inaugurated the initiative at the bank's Chawkbazar branch at Shahjahan Imam Tower in Dhaka by cutting a ribbon, according to a press release.
The programme began with a recitation from the Holy Quran. Speakers then discussed how Shariah-based banking promotes ethical financial practices, strengthens customer confidence and supports social well-being.
Delivering the opening remarks, Mohammed Emtiaz Uddin, managing director of Community Bank Bangladesh and overseer of the rollout of Community Islamic, outlined the bank's aim to serve a broader customer base through Islamic banking alongside its conventional services. He emphasised Shariah principles, transparency and responsible customer service as the foundations for developing Community Islamic into a trusted banking service.
Mohammad Anisur Rahman, director of Bangladesh Bank's Islamic Banking Regulations and Policy Department, highlighted the importance of sound banking practices and Shariah compliance in building confidence in Islamic financial services. He also discussed the broader benefits of transparent, responsible financial dealings for customers and society.
Mufti Abdullah Masum, chairman of the Shariah supervisory committee of Community Islamic, discussed the ethical foundations of Islamic banking. He highlighted honesty, trustworthiness and fairness in financial transactions, underscoring the importance of observing Shariah principles in serving customers and contributing to social well-being.
Khondoker Rafiqul Islam, BPM, PPM, additional inspector general for human resource management at Bangladesh Police and a director of the bank, spoke about the role of ethical banking in strengthening public trust. He emphasised fair dealings and responsible service as key to building lasting customer relationships and supporting the community.
Md Akram Hossain, BPM (Sheba), additional inspector general for finance at Bangladesh Police and a director of the bank, highlighted the importance of widening access to banking services that respond to customers' financial needs and values. He also discussed how responsible, Shariah-based financial services contribute to economic participation and public welfare.
In his address, the chief guest emphasised earning customers' trust through honesty, integrity and adherence to Shariah principles. He said Community Islamic should uphold these values in its operations and contribute to people's well-being.
Also attending were AKM Awlad Hossain, BPM, additional inspector general for administration at Bangladesh Police and a director of the bank; and Ahmad Muyeed, BPM (Sheba), additional deputy inspector general at Bangladesh Police Kallyan Trust and a director of the bank.
Barrister Mohammad Mosharraf Hossain, additional deputy inspector general and chief of the Criminal Investigation Department of Bangladesh Police, was also present.
Other attendees included Mufti Md Ilias Hossain Emon and Mufti Lukman Hasan, members of the Shariah supervisory committee of Community Islamic; Shamsul Haque Sufyani, chief operating officer of the bank; and Anwarul Kabir, head of Community Islamic, alongside senior officials from Bangladesh Police and the bank.