The closing ceremony of a four-day long ‘Workshop on Issuance and Management of Sukuk in Bangladesh‘ jointly organized by Central Shariah Board for Islamic Banks of Bangladesh (CSBIB) and International Shariah Research Academy for Islamic Finance (ISRA), Malaysia was held on September 29, 2020. At 4.30 pm on a digital platform.

Chairman of Bangladesh Securities and Exchange Commission Prof. Shibli Rubayat Ul Islam was the chief guest in the ceremony. Chairman of Fiqh Committee of Central Shariah Board Principal Sayed Kamal Uddin Zafree was the chief discussant. Chairman of the Department of Research Development and Innovation of ISRA, Malaysia Dr. Said Bouheraoua was the international guest and speaker. Special guests included- Mr. Shah Abdul Hannan, Advisor of Central Shariah Board and Former Deputy Governor of Bangladesh Bank, Chairman of Shari’ah Supervisory Committee of ICB Islamic Bank Limited Mr. Md. Fariduddin Ahmed, Managing Director of Social Islami Bank Limited Mr. Quazi Osman Ali.

Discussants as market leaders of 4-day long workshop included: Managing Director  of Islami Bank Mr. Md. Mahbub-ul-Alam, Managing Director  of EXIM Bank Dr. Mohammed Haider Ali Miah, Managing Director of Al-Arafah Islami Bank Mr. Farman R Chowdhury, Managing Director  of Shahjalal Islami Bank Mr. Muhammed Shahidul Islam, Managing Director  of First Security Islami Bank Mr. Syed Waseque Md Ali and Managing Director  of Islamic Finance and Investment Limited Mr. Abu Zafore Md. Saleh. The trainers of the workshop included- researcher of ISRA Mr. Mezbah Uddin Ahmed, Executive Director of Bangladesh Bank Mr. Md. Abdul Awwal Sarker, Deputy Director of Bangladesh Securities and Exchange Commission Mr. Sk. Md. Lutful Kabir, Deputy General Manager of Bangladesh Bank Mr. Md. Golzare Nabi, Faculty Member of Bangladesh Institute of Bank Management (BIBM) Dr. M. Mahabbat Hossain and Secretary General of Central Shariah Board Mr. Md. Abdullah Sharif

Former Finance Secretary of the Government of the Peoples’ Republic of Bangladesh Mr. Arastoo Khan presided over the event while Central Shariah Board’s Secretary General Mr. Md. Abdullah Sharif moderated it.

Chief guest Prof. Shibli Rubayat Ul Islalm said the government is going to introduce Sukuk. This is a very time-befitting step. Introduction of Sukuk will widely contribute to various development-oriented activities of Bangladesh. Chairman of the event Mr. Arastoo Khan said Sukuk is a new product to the people of Bangladesh but if it is introduced by the Government of Bangladesh it will be able to gain confidence of them. We wish the product a success in this country.

The sponsors of the workshop included: Islami Bank, Shahjalal Islami Bank, Al-Arafah Islami Bank, Pubali Bank, Standard Bank, Bank Asia and Social Islami Bank. ATN Bangla Television, The Financial Express and Daily Bonik Barta broadcasted and published special news highlighting the significance of the four-day long event.