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About

IBFCThrive with Shari’ah

IBFCThrive with Shari’ah is a platform for developing, sharing and enhancing Islamic banking and finance knowledge and information for promoting a Shari’ah compliant business environment.

  • IBFCThrive with Shari’ah is a platform for developing, sharing and enhancing Islamic banking and finance knowledge and information for promoting a Shari’ah compliant business environment.
  • IBFCThrive with Shari’ah stands as a 360-degree knowledge-based service provider, committed to serving as a beacon of expertise in the ever-evolving domain of Islamic banking and finance.
  • IBFCThrive with Shari’ah is dedicated to providing services to the existing and upcoming market players and regulatory and supervisory authorities.
  • We pride ourselves on a team composed of seasoned professionals and accomplished experts who collectively bring experience to the forefront.
  • This rich tapestry of knowledge forms the bedrock of our services.
  • It provides with in-depth insights, strategic foresight, and pragmatic solutions custom-tailored to address one’s distinct needs.
  • Our dedication to achieving and sustaining excellence sets us apart as a reliable service provider for the institutions navigating the intricate landscape of Islamic finance.
  • With unwavering fidelity to Shari’ah principles, we help institutions ensure compliance and unlock the numerous opportunities in this continually expanding sector.
  • We combine our expertise with innovation, creating synergy that empowers institutions to thrive in Islamic banking and finance.
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IBFC Thrive with Shari’ah Belief

Our belief is that a TRUE Shari’ah compliance leads to GREATER PROFITABILITY AND SUSTAINABILITY.

IBFC Thrive with Shari’ah Vision

Our vision is to be a GUIDING LIGHT that illuminates the path toward success and prosperity in the light of Shari’ah.

IBFC Thrive with Shari’ah Mission

Our mission is to providing support for a SHARI’AH COMPLIANT PROFITABLE VENTURE IN HERE AND HEREAFTER.

IBFC Thrive with Shari’ah Strategy

Our strategy is to guide in identifying the MOST SUITABLE OPTIONS for Islamic banking and finance activities.

IBFC Thrive with Shari’ah Motto

Our motto is to THRIVE WITH SHARI’AH.

Formation of IBFC Thrive with Shari’ah

The Islamic finance landscape in Bangladesh and on a global scale is witnessing growth across various segments. A rising number of banks and financial institutions are venturing into the realm of Islamic financial services. Furthermore, there’s a burgeoning interest in the issuance of Sukuk as an alternative means of capital raising. Takaful, the Islamic insurance sector, has also garnered a notable market share. While the Islamic equity market is still in its infancy, it holds substantial potential for future development.

During working with various stakeholders, we have noticed that many are keen to offer Islamic financial services. However, due to a lack of comprehensive understanding and guidance, some have had to retreat. There is a conspicuous scarcity of resources available to provide guidance on Islamic financial services, particularly for newcomers, which is impeding the growth of the Islamic finance industry in Bangladesh. Additionally, feedback and observations have indicated that the structure and documentation of certain existing Islamic financial products and services require revision to ensure better compliance with international Shari’ah standards. However, there is a dearth of proper guidance and training for promoting the sector by a professional Islamic Banking and Finance Consultancy. 

To address these challenges and play a pivotal role in advancing the Islamic finance sector in Bangladesh, “IBFCThrive with Shari’ah” was established on October 10, 2023. The primary objective of IBFC is to provide a comprehensive learning, information and knowledge-sharing platform in a practical manner to enhance Shari’ah-compliant Islamic Banking and Finance services. When delivering services, we prioritize adherence to international Shari’ah standards, including AAOIFI, as well as international best practices and local regulations. Furthermore, we are deeply committed to upholding the code of ethics for Islamic finance professionals.

Our Services

Products and services that are simple, elegant, and powerful that unleash new value and revolutionize organizations.

Customized Training Programs

Design and implementation of training programs for executives, employees, and professionals in Islamic banking and finance, including certification training.

Islamic Banking & Finance Guidance

Expert consultancy on Islamic banking and finance, answering your initial inquiries and providing advisory services to help you navigate this specialized field.

Sukuk Structuring & Operations

Comprehensive support in structuring Sukuk investments, drafting documents, and ensuring full compliance with Shari'ah principles and local regulations.

Islamic Equity Solutions

Tailored guidance on Sharia-compliant equity investments, from developing screening methodologies to reviewing fund documents and forming Shari'ah Supervisory Boards.

Takaful (Islamic Insurance) Advisory

Assistance in developing Islamic insurance products and services in line with international Shari'ah standards, resolutions, and best practices.

Introduction

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Our Clients

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