The 452nd Board of Directors meeting of Al-Arafah Islami Bank PLC was convened on Tuesday at the Bank’s headquarters, as confirmed in an official press release. The meeting, chaired by Khwaja Shahriar, Chairman of the Board, provided a platform to review the Bank’s overall business performance and deliberate on key strategic and operational decisions.
During the session, the Board assessed the Bank’s financial health, operational growth, and adherence to regulatory compliance. Emphasis was placed on evaluating recent business performance trends, strengthening corporate governance, and approving policies designed to sustain long-term growth. Several policy decisions were adopted to enhance service efficiency, risk management frameworks, and customer-centric banking initiatives.
The meeting was attended by a distinguished panel of directors and senior executives, reflecting a broad representation of the Bank’s leadership. Present at the meeting were:
| Name | Designation |
|---|---|
| Khwaja Shahriar | Chairman, Board of Directors |
| Md. Shahin Ul Islam | Director |
| Md. Abdul Wadud | Director |
| Prof. Dr. Mohammed Abu Eusuf | Director |
| Mohammad Asraful Hassan FCA | Director |
| Mohd. Rafat Ullah Khan | Managing Director & CEO |
| Mohammad Moniruzzaman FCA | Company Secretary (Acting) |
| Senior Executives | Various key management positions |
The Board deliberations underscored the Bank’s commitment to sustainable growth while maintaining Shariah-compliant banking practices. Key areas of focus included strengthening digital banking platforms, expanding market outreach, and improving operational efficiency across branches. The Directors also discussed strategic initiatives aimed at enhancing shareholder value and consolidating the Bank’s position in the competitive Islamic banking sector.
Speaking after the meeting, Khwaja Shahriar highlighted the importance of continuous performance evaluation and proactive policy-making in ensuring the Bank’s resilience in a rapidly evolving financial landscape. He emphasised that Al-Arafah Islami Bank remains committed to its vision of providing customer-focused, ethical, and innovative banking solutions while adhering strictly to Islamic financial principles.
This meeting marks a continued effort by the Bank’s leadership to align its operations with modern banking standards and regulatory requirements, ensuring both financial stability and long-term stakeholder confidence.