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AB Bank Plc ABBANK.DS

ABBANK.DS Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: February 01, 2024

Report Source: 2023 3rd Quarter Report

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AB Bank Plc. Stock Analysis ABBANK.DS

Bangladesh Financials Nano Cap Report:
AB Bank Plc engages in the provision of banking services. (the Bank) is a Bangladesh-based private commercial bank. The Bank, through its branches and non-banking subsidiaries, provides a range of financial services and products in Bangladesh and in international markets. The Bank offers products and services, including corporate and structured finance, small and medium enterprise, treasury and foreign exchange products, retail loan products, automated challan, deposit accounts, and Islamic banking services, including deposit products and investment products. Its service products include 24-hour automated teller machines access, online banking, short message service banking, locker service, custodian service, 24/7 call center, among others. The Bank has approximately 105 branches, including one Islamic Banking branch and one overseas branch in Mumbai, India. The Bank’s subsidiaries include AB Investment Limited, AB Securities Limited, Cashlink Bangladesh Limited, and AB International Finance Limited.
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Shariah Compliance Report

An extensive business and financial screening of the company which specifies why a stock is halal or haram!

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