Standard Bank PLC, a leading Shari’ah-based private commercial lender in Bangladesh, has officially inaugurated a month-long nationwide campaign designed to harmonise traditional Islamic values with cutting-edge financial technology. Titled “Smart Banking and Remittance Service,” the initiative operates under the evocative slogan: “Sincere Service Bridging Shari’ah and Modernity.”
A Strategic Vision for Digital Inclusion
The campaign was formally launched on 10 February 2026 during a high-profile ceremony held at the bank’s corporate head office in Dhaka. Mr Siddiqur Rahman, the Acting Managing Director of Standard Bank, presided over the inauguration. In his keynote address, he emphasised that the modern banking landscape necessitates a seamless transition toward digital platforms without compromising the ethical foundations of Islamic finance.
The primary objectives of this thirty-day drive are three-pronged:
Digital Literacy: Encouraging a broader demographic of customers to adopt the bank’s mobile application and web-based portals for daily transactions.
Expatriate Support: Streamlining and incentivising legal remittance channels to bolster the national economy and provide security for migrant workers.
Specialised Shari’ah Products: Increasing awareness of niche Islamic accounts that cater to specific religious and social obligations.
Key Campaign Focus Areas
Throughout the month of February, branches across the country will provide dedicated assistance to clients interested in the bank’s specialised portfolio. These products are tailored to meet the spiritual and communal needs of the Muslim Ummah:
| Account Type | Primary Purpose | Key Benefit |
| Hajj Account | Pilgrimage Savings | Structured savings plan for the holy pilgrimage to Mecca. |
| Mohor Account | Marital Obligation | Facilitates the systematic fulfillment of Dower (Mahr) payments. |
| Waqf Account | Charitable Endowment | Allows for perpetual charity and social welfare contributions. |
| Remittance | Inward Foreign Flows | Instant crediting to accounts with government-mandated incentives. |
Leadership and Execution
The launch event was attended by a cohort of the bank’s senior leadership, reflecting the institutional weight behind the campaign. Notable attendees included Sirajul Kabir, Senior Executive Vice President (Head of Special Asset Management); Mansoor Ahmed, Executive Vice President (Head of Investment Risk Management); and Mohammad Kaiser Alam Mozumder, Executive Vice President (Head of Human Resources).
By integrating smart banking tools—such as real-time remittance tracking and biometric-enabled security—with a robust Shari’ah framework, Standard Bank aims to redefine the customer experience for the 2026 fiscal year. The campaign is expected to culminate in a significant uptick in active digital users and a surge in legal inward remittances from the Middle East, Europe, and Southeast Asia.
