Dhaka – IBCF Research and Training Academy arranged a daylong training program on‘’ Risk Management in Islamic Banks” held on October 21 at BAB office, Gulshan Dhaka.22 (twenty-two) mid-level executives of 10 Islamic Banks and having Islamic Banking Branches and windows took part in the training program. Mr Arostoo Khan, Chairman of IBCF andIBBL distributed certificates among the participants as chief guest. A K M Nurul Fazal Bulbul, Vice Chairman, IBCF presided over the certificate awarding ceremony.
The Chief Guest, Mr Arostoo Khan, in his speech emphasized introduction of SUKUK or any other Islamic bonds in the Islamic financial sector of Bangladesh. He also emphasized on the innovation of new instruments to solve the problems of liquidity management of Islamic banks.
He advised all the Islamic banks to increase the investment of Mudaraba andMusharaka and to evolve modern customer-friendly products. He also stressed the participants to be more knowledgeable on risk management, develop awareness and underscored the need for training in this regard.
Among others Mr Md. Fariduddin Ahmed former Managing Director IBBL and Exim Bank Ltd spoke at the closing ceremony. He felt that the Islamic banks would be Islamic not Islamized. He urged the participants to follow all the terms and conditions of the Islamic investment system for reducing the risk. He also pointed out that the Islamic Investment has inbuilt risk management system.
The Key resource persons of the training program were Md. Abdur Rahman Sarker, Secretary-General, BAB, Former MD and CEO National Bank Ltd. andShahjalal Islami Bank Ltd. and Md. Mahbub Ul Alam, Additional Managing Director of Islami Bank Bangladesh Ltd. – Press release
