2024-05-31 21:08:23
Regardless of the liquidity disaster, loans and deposits of Islamic banks have elevated. Nevertheless, the expatriate revenue (remittance) and export revenue have decreased. This info is thought from Bangladesh Financial institution’s report on Islamidhara banks.
In February this 12 months, the quantity of deposits of Islamic Shariah-based banks stood at 4 lakh 18 thousand 914 crores. At the moment the full funding was 4 lakh 88 thousand 901 crores. Within the earlier month i.e. January, the deposit was Tk 4 lakh 13 thousand 969 crore, whereas the quantity of funding was Tk 4 lakh 82 thousand 325 crore. Deposits have elevated by Tk 4 thousand 945 crores in a span of 1 month. Out of this, the deposits of solely Islamidhara banks elevated by 4 thousand 761 crores, funding elevated by 6 thousand 452 crores. Moreover, deposits in Islamic banking branches of standard banks have elevated by Tk 10 crore. Nevertheless, the funding in these branches has decreased by Tk 100 crore. Deposits in Islamic home windows elevated by Tk 174 crore, funding elevated by Tk 224 crore.
In the course of the dialogue interval, Islamic banks’ remittance revenue and export revenue decreased. Final February, expatriates despatched Tk 9,871 crore by way of Islamic banking. Within the earlier month i.e. January, expatriates despatched 11 thousand 634 crores. Remittances decreased by Tk 1,763 crore in a single month. Nevertheless, right now expatriate revenue elevated barely within the Islamic banking branches and home windows of standard banks.
In February, the export revenue by way of the Islamic Shariah-based banks was Tk 6,908 crore, solely the Islamic banks obtained Tk 6,289 crore. In January, the export revenue got here to 7 thousand 548 crores, 6 thousand 768 crores got here to Islamidhara banks alone. In the course of the interval below dialogue, the export revenue decreased by Tk 639 crore, solely Islamic banks decreased by Tk 479 crore.
Cost of import liabilities by way of Islamic banks additionally decreased in February. Quantity of fee of import obligation in February is Tk 9 thousand 921 crore. In January, the quantity of fee of import liabilities in Islamic banking was Tk 12 thousand 202 crores. In the course of the interval below dialogue, the fee of import liabilities has decreased by Tk 2 thousand 282 crores.
It needs to be famous that there are at present 10 totally Shariah-based banks within the nation. The banks are – Islami Financial institution Bangladesh, Al-Arafah Islami Financial institution, Social Islami Financial institution Restricted (SIBL), Normal Financial institution, Exim Financial institution, First Safety Islami Financial institution, World Islami Financial institution, Union Financial institution, ICB Islamic and Shahjalal Islami Financial institution.