# Islami Bank Bangladesh

> Source: https://docs.barcoder.ai/docs/wallets/islami-bank-bd
> research date 2026-06-01 · extracted at 2026-10-03
> Publisher: Barcoder — encyclopedia of QR, barcode and payment-code standards

Specifications:
- [Islami Bank — official](https://www.islamibankbd.com/)

## Overview

**Islami Bank Bangladesh** is **DSE: ISLAMIBANK + CSE: ISLAMIBANK** + **Bangladeshi Islamic commercial bank** + **S Alam Group Bangladeshi conglomerate Saiful Alam family ~83%+ controlling post-2017 Chittagong-based S Alam Group acquisition** + **Bangladesh's largest Islamic commercial bank by assets + branches + customers** + **~17M+ Islami Bank customers** <sup>[1][1], [Bangladesh report](https://docs.barcoder.ai/docs/payments/BD)</sup>.

## History

**Mar 30 1983 — Islami Bank Bangladesh Limited IBBL founded as Bangladesh's first Islamic commercial bank** distinctive Bangladeshi Islamic banking heritage.

**2017 — S Alam Group Chittagong-based Bangladeshi conglomerate acquires ~83%+ controlling stake in Islami Bank Bangladesh** distinctive Bangladeshi banking acquisition.

**2014 — Cellfin mobile banking app launch**.

## Ownership & operator

**Operating entity**: **Islami Bank Bangladesh Limited IBBL** (Bangladeshi Islamic commercial bank; DSE: ISLAMIBANK + CSE: ISLAMIBANK).

**Major shareholders**: **S Alam Group (Bangladeshi conglomerate; Saiful Alam family) ~83%+ controlling + Bangladeshi retail + institutional + foreign investors free float**.

**Regulators**: **Bangladesh Bank + DSN Shariah Supervisory Board**.

## Technical integration

Cellfin mobile app (iOS + Android; ~17M+ Islami Bank customers) + islamibankbd.com online + Islami Bank Bangladesh branch network across Bangladesh + Islami Bank Visa + Mastercard cards; BD IBAN + NPSB + Bangla QR + Islamic-compliant retail + commercial banking (no interest; profit-sharing + Murabaha + Sukuk).

## Implementations & partners

**Major Bangladeshi banking + Islamic banking + payments competitors**: [Sonali Bank Bangladesh](https://docs.barcoder.ai/docs/wallets/sonali-bank) (Sonali Bank Bangladesh; DSE: SONALIBANK; Bangladesh's largest state-owned commercial bank by assets + branches) + [Agrani Bank Bangladesh](https://docs.barcoder.ai/docs/wallets/agrani-bank) (Agrani Bank Bangladesh; DSE: AGRANBANK; Bangladeshi state-owned commercial bank) + [bKash](https://docs.barcoder.ai/docs/wallets/bkash) (bKash; BRAC Bank parent; Bangladesh's largest mobile financial service ~80M+ users) + [Nagad](https://docs.barcoder.ai/docs/wallets/nagad) (Nagad; Bangladesh Postal Department mobile money) + [BRAC Bank (Astha App)](https://docs.barcoder.ai/docs/wallets/brac-bank) (BRAC Bank; DSE: BRACBANK; Bangladeshi commercial bank; bKash parent) + [The City Bank Bangladesh](https://docs.barcoder.ai/docs/wallets/city-bank-bd) (The City Bank; DSE: CITYBANK + CSE: CITYBANK; Bangladeshi commercial bank) + [Eastern Bank Bangladesh](https://docs.barcoder.ai/docs/wallets/eastern-bank-bd) (Eastern Bank; DSE: EBL + CSE: EBL; Bangladeshi commercial bank) + [Dutch-Bangla Bank (DBBL)](https://docs.barcoder.ai/docs/wallets/dutch-bangla-bank) (Dutch-Bangla Bank DBBL; DSE: DUTCHBANGL + CSE: DUTCHBANGL; Bangladeshi commercial bank) + [HSBC Bangladesh](https://docs.barcoder.ai/docs/wallets/hsbc-bangladesh) (HSBC Bangladesh) + [Standard Chartered Bangladesh](https://docs.barcoder.ai/docs/wallets/standard-chartered-bangladesh) (Standard Chartered Bangladesh).

**Regulators**: Bangladesh Bank + DSN Shariah Supervisory Board.

## Status

**Active, DSE:ISLAMIBANK + CSE:ISLAMIBANK + Bangladeshi Islamic commercial bank + S Alam Group Bangladeshi conglomerate Saiful Alam family ~83%+ controlling post-2017 Chittagong-based S Alam Group acquisition + Bangladesh's largest Islamic commercial bank by assets + branches + customers + ~17M+ Islami Bank customers** <sup>[1][1], [2][2]</sup>.

## Sources

[1]: https://www.islamibankbd.com/ "Islami Bank — official"
[2]: https://en.wikipedia.org/wiki/Islami_Bank_Bangladesh_Limited "Islami Bank — Wikipedia"
[bd-cro]: https://docs.barcoder.ai/docs/payments/BD

- [1] [Islami Bank — official][1]
- [2] [Islami Bank — Wikipedia][2]
- <sup>[Bangladesh report](https://docs.barcoder.ai/docs/payments/BD)</sup> In-corpus: `reports/countries/BD-bangladesh.md`

## Source

Biography extracted from [islami-bank-bd.md](https://docs.barcoder.ai/source/wallets/islami-bank-bd). See `matrix.md` for standards-support matrix if present.