Social Islami Bank Limited (SIBL) Job Circular May 2023
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| Name of Institution: | Social Islami Bank Limited |
| Number of the post: | Please see circular image |
| Job Posting Date: | May 16, 2023 |
| Job source : | Online |
| Last Date for Sending Application: | Please see circular image |
| Number of Vacancies: | Please see circular image |
| Salary: | Please see circular image |
| Age Limit: | Please see circular image |
| Educational Qualification: | Please see circular image |
| Experience Requirements: | Please see circular image |
| Job Category: | Bank Job |
| Job Location: | Please see circular image |
| Job Nature: | Full Time |
| Online Application Link: | Internet |
| Other Benefits: | As per Company Policy |
| How to Apply : | Manual and Online, To Follow the instruction of Job Circular Image |
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Social Islami Bank Limited (SIBL) is a financial institution based in Bangladesh. Established in 1995, SIBL operates as a Shariah-based bank, adhering to the principles of Islamic banking and finance.
SIBL provides a range of banking services, including deposits, loans, trade finance, remittances, and investment products, in accordance with Islamic principles. It aims to promote socio-economic development through ethical banking practices.
As an Islamic bank, SIBL operates without charging or paying interest (riba) on financial transactions. Instead, it engages in profit-sharing arrangements and follows the principles of risk-sharing and asset backing. The bank’s activities are overseen by a Shariah Supervisory Committee, which ensures compliance with Islamic principles.
SIBL offers various deposit products, such as current accounts, savings accounts, and term deposits, where customers can earn a profit share based on the bank’s investment activities. The bank also provides financing facilities for individuals and businesses through modes such as Murabaha (cost-plus financing), Musharaka (partnership financing), and Ijara (leasing).
In addition to traditional banking services, SIBL offers innovative Islamic banking solutions, including Islamic credit cards, online banking, and mobile banking, to enhance convenience and accessibility for its customers.
SIBL has a strong emphasis on corporate social responsibility (CSR) and contributes to various social and charitable initiatives. It actively supports education, healthcare, poverty alleviation, and environmental sustainability projects.
With its commitment to Islamic principles, SIBL aims to play a significant role in the development of the Islamic banking sector in Bangladesh and contribute to the overall economic growth of the country.
SIBL operates through a network of branches across Bangladesh, providing banking services to individuals, small and medium-sized enterprises (SMEs), and corporate clients. The bank focuses on fostering strong relationships with its customers and providing personalized services to meet their financial needs.
As part of its commitment to financial inclusion, SIBL offers special products and services targeted towards marginalized and underprivileged segments of society. It aims to empower individuals and communities by providing access to banking services and promoting financial literacy.
SIBL has made significant advancements in adopting technology and digital banking solutions. It has implemented robust online banking systems and introduced mobile banking applications to facilitate convenient and secure banking transactions for its customers. These digital initiatives have not only improved customer experience but also increased operational efficiency for the bank.
The bank places great importance on maintaining transparency and accountability. It ensures that its financial statements are audited by external auditors, providing reliable information to stakeholders. SIBL is regulated by the Bangladesh Bank, the central bank of Bangladesh, and adheres to the guidelines and regulations set forth by the regulatory authorities.
SIBL has received recognition and accolades for its contribution to the Islamic banking sector in Bangladesh. It has been awarded various prestigious titles and certificates for its commitment to excellence and adherence to Islamic banking principles.
With its strong focus on Islamic values, customer-centric approach, and commitment to social responsibility, Social Islami Bank Limited (SIBL) continues to play a significant role in the development of the banking sector in Bangladesh, offering innovative financial solutions while upholding the principles of Islamic finance.
