Islami Bank Bangladesh Ltd. As a first shariah based
interest free bank in South- East Asia in registered in 13th March,
1983 as a public limited company according to company law of 1913.
The 1st local branch of the Bank started its
function on 30th March in 1983 at Motijheel of Dhaka. The bank is
formally inaugurated in 12th August in 1983. The authorized capital
of the bank is 5,000million taka and paid-up capital is 3,456 million taka.
57.37% of the authorized capital is foreign and 42.63% of the authorized
capital given by the local shareholders.