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Social Islami Bank Limited

Social Islami Bank Limited

By on Dec 4, 2013 in All Banks in Bangladesh | 0 comments

About Us

The SOCIAL ISLAMI BANK LTD (SIBL), a second-generation bank, operating since 22 November, 1995 based on Shariah Principles, has now 86 branches all over the country with two subsidiary companies – SIBL Securities Ltd. & SIBL Investment Ltd. Targeting poverty, SOCIAL ISLAMI BANK LTD. is indeed a concept of 21st century participatory three sector banking model in one. in the formal sector, it works as an Islamic participatory Commercial Bank with human face approach to credit and banking on the profit and loss sharing: it is a Non-formal banking with informal finance and credit package that empowers and humanizes real poor family and create local income opportunities and discourages internal migration; it is a Development Bank intended to monetize the voluntary sector and management of Waqf, Mosque properties and introducing cash Waqf system for the first time in the history. In the formal corporate sector, this Bank would, among others, offer the most up to date banking services through opening of various types of deposit and investment accounts, financing trade, providing letters of guarantee, opening letters of credit, collection of bills, leasing of equipment and consumers’ durable, hire purchase and instalment sale for capital goods, investment in low-cost housing and management of real estates, participatory investment in various industrial, agricultural, transport, educational and health projects and so on.
The bank has taken a renewed drive aiming at consolidating its business in more focused areas covering SME and Agro-finance with emphasis on searching for alternative delivery channel under which SMS banking and mobile based remittance payment systems that are gradually introduced to disseminate the SIBL services to the doorsteps of the customers. The bank has already introduced Internet banking and launched some new products to strengthen its business. The products are Sonali Din, Sommridhir Sopan, Sonchoy Protidin, Swopner Shiri, Shukher Thikana, Sabuj Chhya, Sabuj Shayanho, Subarnolata, Subornarekha, Sanchaita etc. and Zamil ATM Debit card.SIBL is a pioneer in introducing on-line banking among all the Islami Banks of the country with state-of-the-art banking software, which will enable the bank to perform as any branch real time banking service to the clients. The state-of-the-art banking software of the bank will enable to perform as any branch real time banking service to the clients. SIBL is supported by core banking solutions and our products & services are strongly backed by IT infrastructure, which are upgraded & expanded on continuous basis.

SIBL has set its strategy to convert all its banking activities from traditional branch-based banking system to an ideal blending of both centralized processing unit (CPU) and effective operation of branch that based on modern essence of banking.

The bank is running its payment system successfully through BACPS, BEFTN under BACH in order to boost up its businesses in multiple dimensions. Adopting BACH System as per guidelines of Bangladesh Bank, SIBL ensures security, safety and hassle free faster transactions from end to end. Moreover, the bank is effectively adopting regulatory guidelines on IT risk management.

SIBL is quite conscious of its social business responsibilities and is always trying to participate in various social programs in the country under its CSR portfolio giving special emphasis on health, habitat & education. The bank ensures to provide better integrated idea of formal, informal & voluntary banking in the same platform. SIBL has its unique feature to mobilize capital through CASH WAQF program.

SIBL lays emphasis on employment generated, environment friendly and green banking based investment keeping an eye on equitable distribution of resources over geographical territory for sustainable growth of macro economy of the country.

The Bank’s continuous effort has been to increase the shareholders’ value, and be valued as a compliant organization. The Corporate Governance systems in SIBL ensure transparency and accountability at all levels in conducting business. SIBL in its journey towards continuous excellence has changed its brand logo recently. We take pride in our new logo.

Website URL:

Phone Banking Number:

Phone : 09612001122


Babu Bazar Branch
Address: 31, Nawab Yousuf Road, Naya Bazar, Dhaka. Phone-, fax: , Manager-(Mob)
Phone: 02-7395118, 7395119
Fax: 02-7395119

Banani Branch
Address: 48 Kamal Attaturk Avenue, (Ground & 1st Floor) Banani, Dhaka-1213.
Phone: 02-8814956, 8814352
Fax: 02-8814352

Bangshal Branch
Address: Social Islami Bank Limited Bangshal Road, P.O & P.S- Bangshal Holding No-45, Ward No-68 Dhaka Sadar, Dhaka
Phone: 7317175,7317396

Baryerhat SME/Krishi Branch
Address: Social Islami Bank Ltd. Al-Amin Shopping Complex (2nd Floor) Mouza-Jamalpur, Baryerhat Porosoba Upazilla & P.S- Mirsorai, Zilla-Chittagong
Phone: 01818-402020

Bashundhara Branch
Address: Social Islami Bank Limited House # 16, Block-A, Bashundhara Avenue. Bashundhara, Dhaka

Begum Rokeya Sarani Branch
Address: Bangladesh Lions Foundation Bhaban, 3/C, West Agargaon, Begum Rokeya Sarani, Dhaka.
Phone: 02-8115789,8141671
Fax: 02-8115789

Bhulta SME/Krishi Branch
Address: Social Islami Bank Ltd. Mir Market, Salam Mansion P.O- Bhulta, P.S- Rupgonj, Zilla- Narayangonj.
Phone: 01727-602777

Bonosree Branch
Address: Social Islami Bank Limited Plot No-L/2, Road-13, Block-L, South Bonosree, Khilgaon, Dhaka. Phone:
Phone: 7811611,7811612,7811613 01819-245986

Demra Branch
Address: Social Islami Bank Ltd. Haji Hossain Plaza Staff Quarter P.O & P.S.-DemraDhaka.
Phone: IP Phone-78101

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