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NRBC Bank PLC NRBCBANK.DS

NRBCBANK.DS Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: January 30, 2024

Report Source: 2023 1st Quarter Report

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NRBC Bank PLC. Stock Analysis NRBCBANK.DS

Bangladesh Financials Nano Cap Report:
NRBC Bank Plc engages in the provision of commercial banking services, Islamic windows, small and medium enterprises centres, and vibrant alternative delivery channels. The principal activities of the Bank are to provide all kinds of conventional and Islamic commercial banking services to its customers through its branches, Islamic windows, small and medium enterprise (SME) centers, and alternative delivery channels in Bangladesh. The Bank also provides services in foreign currency to promote cross-border transactions, especially facilitating foreign direct investment and inward remittance. The Bank's segments include Conventional Banking, Islamic Banking, and Offshore Banking Unit (OBU). The company offers retail banking, SME Banking, NRB Corporate Banking, NRB Banking, NRB Agent Banking, Islamic Banking and PLANET mobile banking application. NRBC Bank has approximately 106 branches, 1003 sub-branches, 81 Automated Teller Machine (ATM), and 563 agent points in Bangladesh. The Bank also has two OBU operating through Gulshan Branch, and Agrabad Branch.
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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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