Navigation Menu

About Us

The Bank has been incorporated on April, 1987 as a public limited company under the Companies Act, 1913 to undertake and carry out all kinds of banking, financial and business activities, transactions and operations in strict compliance with the principles of Islamic Law (Shariah)  relating to business  activities in  particular  avoiding  usury  in credit and sales transactions  and  any practice which amounts to usury.  Certificate for commencement of business has been issued to the bank on April, 30, 1987. The Bank has been authorized by the Bangladesh Bank to carry on the banking business in Bangladesh with effect from May 4, 1987. However, actual banking operations commenced on May 20, 1987.

Nature of Business :

All kinds of commercial banking services are provided by the bank to the customers observing the provisions of the Bank Company Act 1991, Bangladesh Bank’s directives and the principles of Islamic Shariah.

Significant Accounting Polices Basis of Accounting :

The accompanying financial statements, comprising Balance Sheet, Profit and Loss Account and Notes thereto have been prepared according to Banking Companies Act, 1991 and  Bangladesh  Bank circulars  applicable to  accounts, on  a going concern basis, under historical cost convention and are based on generally accepted accounting principles.

Consolidation :

A separate set of records for consolidating the Statement of Affairs and Income and Expenditure Statements of the branches are maintained at the Head Office of the bank in Dhaka from which these financial statements are drawn up. Branch managers of respective bank branches  have  certified the statement  of affairs  for the year ended December 31, 2001.

Balance with other banks and exchange gains or losses :

Balances with foreign banks at year-end are translated at the average of telegraphic transfer of buying and selling rates. Excess/shortage of translated figures over book figures at year-end is transferred to Profit and Loss Account.

Investments :

Investment are stated at amount as reduced by balance of Profit suspense account and provision for bad and doubtful debts; Profit is not charged on bad and doubtful investments from the date of filing money suits against the borrowers; Income which were charged on Investment classified by Bangladesh Bank Inspection Team  and  by  the Bank management as sub-standard, doubtful and bad were kept in profit suspense account as per Bangladesh Bank BCD Circulars and such income is not accounted for as profit until realized from borrowers.

Website URL: http://www.icbislamic-bd.com/

Phone Banking Number:

Tel:  9143361-5
FAX : +8802 9111994
Hotline: 88 01841 242 242

Branch:

PRINCIPAL OFFICE BRANCH

Address: 17, Motijheel C.A., Dhaka
Phone: 01811408251, 9566464, 9560940, 9560876

IMAMGANJ BRANCH
Address:4,4/5,5, Gulbadan Super Market, Moulavi Bazar,, Dhaka
Phone:01811408258, 7310339, 7313707

VIP ROAD BRANCH
Address:35/C,Naya Paltan, VIP Road, Dhaka
Phone:01811418396, 9352863,8314486, 9341029

NARAYANGONJ BRANCH
Address:15, S.M. Maleh Road, Narayangonj
Phone:01811408266, 7630477, 7630276

MIRPUR ROAD BRANCH
Address:33, Mirpur Road, Dhaka
01811408257, 8614105, 8613475, 966204

BANGSHAL BRANCH
Address:40, Abdullah Sarker Lane, North South Road, Dhaka
Phone:01811408259, 9562999, 9563007

NARSINGDHI BRANCH
Address:163/3, C&B Road, Sharif Mansion, Narsingdhi
Phone:01811408267, 0628-62194

ISLAMPUR BRANCH
Address:9, Islampur Road, Dhaka
Phone:01811408260, 7390342, 7391485

KAWRAN BAZAR BRANCH
Address:10, Kazi Nazrul Islam Avenue, Kawranbazar, Dhaka
Phone: 01811418397, 812922, 8130394, 9144039

GULSHAN BRANCH
Address:48, South Avenue, Gulshan, Dhaka
Phone:01811418401, 8828296, 8821277

BABU BAZAR BRANCH
Address:21, Armanian Street, Babubazar, Dhaka
Phone:01833327722, 7316579, 7316574

Post a Feedback

If you have worked with this company and have an experience to share, leave your comment and rating below.

Your email address will not be published. Required fields are marked *



About ATM.Web.Com.BD

ATM.web.com.BD is a comprehensive directory of all the ATM booths of all the banks in Bangladesh. We have tried to make it easier for Bank users to find an ATM booth near to his location - wherever he was at the moment. We are also providing details about all the major banks in Bangladesh - their branch locations and contact numbers. ATM.web.com.bd is maintained by Bangladesh web design company WebComBD

Hope our endeavor helps you somehow. If you find any inaccuracy in our bank or ATM booth details, feel free to contact us and drop us a line.
All Rights Reserved © 2014 - 2019  web.com.bd