Modhumoti Bank PLC has taken a significant step towards strengthening its institutional capacity in Shariah-compliant finance by organising a comprehensive, day-long professional training workshop on Islamic banking. Titled “Fundamentals of Islamic Banking: Concepts, Operations and Investment Mechanisms”, the programme was held on Saturday at the bank’s head office in Gulshan, Dhaka. The initiative is part […]

Dhaka Bank PLC and the Bangladesh Investment Development Authority (BIIDA) have formalised a strategic partnership through the signing of a Memorandum of Understanding (MoU), integrating Dhaka Bank’s services with BIIDA’s “One-Stop Service (OSS)” portal. The signing ceremony took place on 19 January 2025 at BIIDA’s conference hall in Agargaon, Dhaka, marking a significant step towards […]

The Insurance Development and Regulatory Authority (IDRA) has recently issued a pivotal directive clarifying that losses arising from “public strikes” or mass sit-ins will not be covered under insurance policies. The instruction was officially communicated to the State Reinsurance Corporation (SRC) on 4 January 2026. SRC, the nation’s sole reinsurance institution, had earlier deliberated on […]