Shahjalal Islami Bank Limited

Shahjalal Islami Bank Limited (SJIBL) is a sharia compliant private sector commercial bank in Bangladesh.[1][2]

Shahjalal Islami Bank Limited
Private (Non-Government)
IndustryBanking
FoundedDhaka, Bangladesh
HeadquartersDhaka, Bangladesh
ProductsBanking services
Consumer Banking
Corporate Banking
Investment Banking
WebsiteShahjalal Islami Bank Limited

History

The Bank was incorporated on 10 May 2001.[1] In 2014 Bangladesh Anti Corruption Commission arrested bank director and former chairman Mohammed Solaiman on charges of embezzling 1.4 billion Taka from the bank through bad loans given to Joynob Steel, SK Steel and Paradise Corporation.[3] In the same year another Director Mohammed Solaiman was accused by Bangladesh Anti Corruption Commission charged his with misappropriating 1.49 billion Taka.[4] In 2015 Bangladesh Anti Corruption Commission sued Bismillah Group’s Managing Director Khaza Solaiman Anwar Chowdhury for embezzling 1.1 billion Taka from the bank.[5] In 2016 Bangladesh Anti Corruption Commission former deputy managing director of the bank, Md Monjerul Islam and four others, charged them with embezzling 2.5 billion Taka. They did so by opening fake letter of credit.[6][7]

gollark: Also, while this isn't the same class of privacy issue as Google analytics tracking and whatnot, governments can use big piles of data to enhance control of the populace and stop dissent. Look at China.
gollark: Privacy *is* to some extent a direct goal for people, since you probably wouldn't want to, I don't know, use a toilet with glass walls in the middle of a public square.
gollark: Partly, but you can also just not give them the data. It's easier than trying to stop price discrimination.
gollark: Yes, but there's a lot of data gathered which I think isn't something they need for that.
gollark: For example, companies can buy data someone collects and use it for price discrimination.

References
  1. Iqbal, Md Ashik. "Shahjalal Islami Bank Limited". en.banglapedia.org. Banglapedia. Retrieved 31 October 2016.
  2. "Shahjalal Islami Bank's AGM and EGM held". weeklyblitz.net. Weekly BLiTZ. 27 June 2016. Retrieved 31 October 2016.
  3. "Shahjalal bank director held". thedailystar.net. The Daily Star. 26 June 2014. Retrieved 31 October 2016.
  4. "Shahjalal Bank director on remand". bdnews24.com. Retrieved 31 October 2016.
  5. "Bismillah Group scam: ACC okays charge sheet against 14". thedailystar.net. The Daily Star. 3 September 2015. Retrieved 31 October 2016.
  6. "ACC prosecutes Shahjalal Islami Bank DMD, 4 others for 'embezzling 2.5 billion'". bdnews24.com. Retrieved 31 October 2016.
  7. "Tk9.9bn scam by Bismillah Group". archive.dhakatribune.com. Dhaka Tribune. Retrieved 31 October 2016.


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