Al-Arafah Islami Bank PLC, a prominent Shariah-compliant financial institution in Bangladesh, has entered into a formal partnership with Dhaka Central International Medical College and Hospital (DCIMCH). The arrangement was ratified via a newly executed Memorandum of Understanding (MoU), according to an official press release issued by the bank.
Overview of Benefits and Services
The primary objective of the agreement is to provide structured healthcare concessions to individuals affiliated with the financial institution. Under the newly established terms, special discount benefits on an array of hospital services will be granted to Al-Arafah Islami Bank’s:
Board Directors
Executive Officers and General Employees
All Debit and Credit Cardholders (including those utilising Equal Monthly Instalment, or EMI, facilities)
Dependent family members of the aforementioned groups
In return, the corporate alliance expands the operational capabilities of both entities. Al-Arafah Islami Bank PLC will deploy its nationwide branch network to manage and execute various institutional financial collection services on behalf of the hospital, optimizing the medical college’s fiscal operations.
Dignitaries in Attendance
The signing ceremony featured key executive leadership from both sectors. Mohd. Rafat Ullah Khan, the Managing Director and Chief Executive Officer of Al-Arafah Islami Bank PLC, presided over the occasion as the chief guest.
The complete delegation of officials representing both organizations during the proceedings is detailed in the table below:
| Organisation | Representative | Designation |
| Al-Arafah Islami Bank PLC | Mohd. Rafat Ullah Khan | Managing Director and CEO (Chief Guest) |
| Mohammed Hossain | Deputy Managing Director & Chief Business Officer | |
| Md. Amdadul Haque | Senior Assistant Vice President | |
| Bassu Sheikh | Senior Assistant Vice President | |
| Abu Kawser | Assistant Vice President | |
| Dhaka Central International Medical College & Hospital | Md. Nasir Uddin | Chief Operating Officer |
| Hadiul Karim | Head of Marketing | |
| Md. Musa Ali | Senior Assistant Manager and Zonal In-Charge | |
| Md. Raisul Islam | Executive-Corporate Marketing |
Strategic Objectives
Following the exchange of the accord, representatives from both institutions stated that the transaction would serve as a vital mechanism for broadening the reach of both medical and financial utilities. The management teams expressed confidence that the partnership will secure superior, more accessible healthcare provisions for bank stakeholders while establishing a reliable, distributed banking framework to support the hospital’s collection logistics across the country.