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United Commercial Bank PLC UCB.DS

UCB.DS Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: January 30, 2024

Report Source: 2023 3rd Quarter Report

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United Commercial Bank PLC. Stock Analysis UCB.DS

Bangladesh Financials Micro Cap Report:
United Commercial Bank Plc engages in the provision of commercial banking services. Its segments include Corporate Banking, which offer advanced and deposit products; Agent Banking, which offers services to remote and financially excluded areas; Mobile Financial Services, which offers banking through mobile networks, covering cash in/out, and bill payment; Card and Alternate Delivery Channels, which offers various debit and credit cards; Investment Banking, which include trading and investment in equities; Treasury, which include foreign exchange dealings and investments in derivatives; Small and medium-sized enterprises (SME) Banking, which provides loans, and deposits to SME customers, and Consumer Banking, which includes loans, deposits, and other services for retail customers. Its products and services include Retail Banking, Non-Resident Bangladeshis (NRB) Banking, SME Banking, Corporate Banking, and Agent Banking. Its NRB Banking includes UCB NRB savings, locker services, remittance services, and others.
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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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