Al-Arafah Islami Bank PLC, a prominent Shariah-based financial institution operating in Bangladesh, has formalised a corporate partnership with Dhaka Central International Medical College and Hospital (DCIMCH). The strategic alliance was established through the signing of a Memorandum of Understanding (MoU), as confirmed in a recent official press statement released by the bank.
Scope of the Agreement
Under the terms of the newly ratified accord, a wide range of individuals associated with Al-Arafah Islami Bank PLC will become eligible for dedicated financial concessions on healthcare provisions. This arrangement entitles the bank’s directors, officers, employees, and all registered cardholders—including those utilising Equal Monthly Instalment (EMI) payment facilities—to receive special discount benefits across various medical services offered at the hospital. Crucially, these healthcare advantages are also extended to the dependent family members of the specified bank personnel and account holders.
Beyond patient discounts, the bilateral agreement introduces a corporate collaboration in financial operations. Al-Arafah Islami Bank PLC is slated to leverage its expansive nationwide network to facilitate institutional collection services on behalf of Dhaka Central International Medical College and Hospital, streamlining hospital revenue processing through its domestic branches.
Key Institutional Representation
The signing ceremony was attended by senior executives from both organisations. The Managing Director and Chief Executive Officer of Al-Arafah Islami Bank PLC, Mohd. Rafat Ullah Khan, attended the proceedings as the chief guest.
The following table provides a comprehensive overview of the key officials who represented their respective institutions during the event:
| Institution | Official Name | Designation |
| Al-Arafah Islami Bank PLC | Mohd. Rafat Ullah Khan | Managing Director and CEO (Chief Guest) |
| Mohammed Hossain | Deputy Managing Director and 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 and Hospital | Md. Nasir Uddin | Chief Operating Officer |
| Hadiul Karim | Head of Marketing | |
| Md. Musa Ali | Senior Assistant Manager and Zonal In-Charge | |
| Executive-Corporate Marketing |
Future Outlook and Operational Impact
Following the formal execution of the MoU, representatives from both entities expressed optimistic projections regarding the operational synergy. Leadership teams from both sides noted that the agreement is expected to play an important role in cross-expanding healthcare delivery and commercial banking services. The joint initiative aims to deliver enhanced, simplified, and more accessible services to the mutual customer base of both organisations, establishing an integrated framework for corporate health benefits and institutional banking logistics.