Health insurance remains an indispensable component of contemporary healthcare systems, yet navigating the claims process has become an increasingly perplexing task for many patients. A growing number of individuals remain uncertain about how to submit claims after treatment, which medical expenses are covered, which are excluded, and the proportion of costs they must personally bear. […]

Five troubled Islamic banks are in the process of merging. First Security Islami Bank, Global Islami Bank, Social Islami Bank, EXIM Bank, and Union Bank are being consolidated into a new bank, ‘Sammlito Islami Bank PLC’. According to Bangladesh Bank sources, repayments to depositors could begin this week. Each depositor will be able to reclaim […]

A working committee formed under the directives of Bangladesh Bank has recommended extending the maturity of Beximco Ltd’s Shariah-compliant green Sukuk by six years. The company has informed that it will be unable to repay investors’ principal when the bond matures in December 2026. The 21-member committee, led by the Investment Corporation of Bangladesh (ICB), […]