About ICB Islamic Bank Limited

Introduction: 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.

BOARD OF DIRECTORS

Chairman
Tan Sri Dr. Hadenan bin Abdul Jalil

Board of Directors 1. Tan Sri Dr. Hadenan Bin Abdul Jalil 2. Mr. Abdul Hafiz Choudhury 3. Mr. Tee Kim Chan 4. Mr. Alagappan Nachiappan 5. Mr. Rajavel Ganesan

Address of Branches
Dhaka Division SL 1. 2. : : IMAMGANJ BRANCH 4,4/5,5, Gulbadan Super Market Moulavi Bazar, Name of Branch with Address PRINCIPAL OFFICE BRANCH 17, Motijheel C.A. Dhaka 01811408251, 9566464, 9560940 9560876 01811408258, 7310339, 7313707 Cell & Phone

Dhaka 3. : VIP ROAD BRANCH 35/C,Naya Paltan, VIP Road, Dhaka NARAYANGONJ BRANCH 15, S.M. Maleh Road, Narayangonj MIRPUR ROAD BRANCH 33, Mirpur Road, Dhaka 01811408254, 9352863,8314486, 9341029

4.

01811408266, 7630477, 7630276

5.

01811408257 8614105, 8613475, 966204

6.

BANGSHAL BRANCH : 40, Abdullah Sarker Lane North South Road, Dhaka NARSINGDHI BRANCH : 163/3, C&B Road Sharif Mansion, Narsingdhi : ISLAMPUR BRANCH 9, Islampur Road, Dhaka

01811408259, 9562999, 9563007

7.

01811408267, 0628-62194

8.

01811408260, 7390342, 7391485

9.

KAWRAN BAZAR BRANCH : 10, Kazi Nazrul Islam Avenue Kawranbazar, Dhaka GULSHAN BRANCH 48, South Avenue, Gulshan, Dhaka BABU BAZAR BRANCH 21, Armanian Street, Babubazar, Dhaka NAWABPUR BRANCH 223, Nawabpur Road, Dhaka IDB BHABAN BRANCH Agargoan-Begum Rokya Sarani Dhaka

01811408256, 812922, 8130394, 9144039

10. :

01811408264, 8828296, 8821277 01811408261, 7316579, 7316574

11. :

12. :

01811408262, 9562790, 7167143

13. :

01811408263, 8110437, 9139851

BANANI BRANCH 14. : Awal Centre 34, Kemal Atarturk Avenue (1st Floor), Dhaka 15. DHANMONDI BRANCH

01811408265, 9884176, 9884137

01841885510, 9134914, 9126059

24/C Sheikh Kamal Sharani Old 27 (New 16) Dhanmondi 1209 Dhaka UTTARA BRANCH 16.
House No-2/A Road No-13, Sector-4, Uttara, Dhaka 1230 Dhaka

01811 408254 7912970, 7912979, 7912780

Chittagong Division SL 17. : Name of Branch with Address AGRABAD BRANCH 36, Agrabad C/A, Chittagong Cell & Phone 01811408268, 031-710511, 715967, 715648 01811408269, 031-637227

KHATUNGONJ BRANCH 18. : 276, Khatungonj, Chowdhury Market, Chittagong 19. : JUBILEE ROAD BRANCH 829, Jubilee Road, Chittagong FENI BRANCH 83/1, Panchgachia Road, Feni

01811408270, 031-615499

20. :

01811408272, 0331-74065

MURADPUR BRANCH 21. : Rajamina Market 93,Muradpur CDA Avenue, Chittagong

01811408271, 031-652071

Sylhet Division SL Name of Branch with Address Cell & Phone

SYLHET BRANCH Sylhet Collector Mosjid 22. : Building Plot No. 7769 and 5741, Sylhet 23. :

01811408273 0821-713469, 710264

01811408276, BISWANATH BRANCH 08224-82081 Plot # 9545, Biswanath Bazar,

Sylhet 24. : BEANIBAZAR BRANCH Beanibazar, Sylhet HABIGANJ BRANCH Enem Plaza,Kalibari Road, Hobigonj 01811408275, 08223-88368

25. :

01811408277, 0831-52757,52435

26. :

01811408274, MOULAVIBAZAR BRANCH 0861-53153 10, Court Rd (Chowmuhani) Moulavibazar

Rajshahi Division SL Name of Branch with Address Cell & Phone

27. :

01811408283, RAJSHAHI BRANCH 0721-774346, 774599 120, Natore Road, Shaheb Bazar, Rajshahi

NAOGAON BRANCH K. R. Rahman Super Market 01811408284, 28. : 0741-62774 Naogaon

Khulna Division SL Name of Branch with Address Cell & Phone

KHULNA BRANCH 29. : Tayamun Centre 181, Khan-A-Sabur Road Khulna 30. : JESSORE BRANCH 25, R.N. Road, Jessore NOAPARA BRANCH Noapara Bazar, Jessore BENAPOLE BRANCH Benapole Bazar, Jessore

01811408278, 041- 720043, 722046

01811408279, 0421-68529, 67653

31. :

01811408280, 04222-394 01811408281, 0421- 75747

32. :

Barisal Division SL Name of Branch with Address BARISAL BRANCH 67/65, Katpatti Road Barisal Cell & Phone 01811408282, 0431-54141, 62474

33. :

Branch
SL Ban k Cod e 002 003 004 005 006 007 008 009 010 011 012 013 014 015 016 017

Managers
Branch Manager Email Mobile Phone

1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16.

Principal Office Agrabad Imamgonj Khatungonj VIP Road Sylhet Narayangonj Biswanath Mirpur Road Bangshal Narsingdi Beani Bazar Islampur Khulna Jubilee Road Feni

M. Zahangir Alam Mozumder, SAVP Md. Ridwan Sayeed, SAVP Mehaboob Kabir, SAVP, Md. Zoynal Abedin, EO Md. Ali Nahid Khan, VP Md. Saiful Malik, SAVP Zahir Hossain, EO Md. Habibur Rahman, SO Md. Rezaur Rahman, AVP Ishtiaq Ahmed Choudhury, AVP Kazi Tawhid Morshed, EO Ikramul Alam, SO S.M Enamul Haque, AVP Syed Shahjahan Ali, AVP Abu Yaser Shourabh Hossain, EO, A.H.M. Humayun Kabir, AVP

zahangir@icbisl amic-bd.com ridwan@icbisla mic-bd.com mehaboob@icb islamic-bd.com zoynal@icbisla mic-bd.com nahid@icbislam ic-bd.com saiful@icbislam ic-bd.com zahir@icbislami c-bd.com hrahman@icbis lamic-bd.com
mrrahman@icbisl amic-bd.com

01811408251 01811408268 01811408258 01811408269 01811418396 01811408273 01811408266 01811408276 01811408257 01811408259 01811408267 01811408275 01811408260 01811458062 01811408270 01811408272

9566464, 9560940, 9560876 031-710511, 715967, 715648 7310339, 7313707 031-637227 9352863,83 14486, 9341029 0821713469, 710264 7630477, 7630276 0822482081 8614105, 8613475, 966204 9562999, 9563007 9451768, 9462194 0822388368 7390992, 7390342, 7391485 041720043, 722046 031-615499 0331-74065

ishtiaqac@icbis lamic-bd.com morshed_id@ic bislamicbd.com iqramul@icbisla mic-bd.com enamul@icbisla mic-bd.com s.ali@icbislamic -bd.com shourabh@icbi slamic-bd.com humayunkabir @icbislamicbd.com

17. 18. 19. 20. 21. 22. 23. 24. 25. 26. 27. 28. 29. 30. 31. 32. 33.

019 020 022 023 024 025 026 027 028 029 030 031 034 035 036 037 038

Rajshahi Habigonj Moulivi Bazar Barisal Kawran Bazar Gulshan Jessore Noapara Benapole Babu Bazar Nawabpur Naogaon Muradpur IDB Bhaban Banani Dhanmondi Uttara

Md. Mostafizur Rahman, EO Skiekh Mohiuddin Ahmed, AEO Md. Shafiqur Rahman Md. Shah Alam, SO Muhammed Mizanul Kabir, SAVP Md. Taifur Rahman Khan, AVP Nazim Uddin, EO Md. Shahidulla Md. Golam Kibria, AEO ABM Mosharof Hossain, AVP Parvez Yousuf Chowdhury, AVP Syed Saiful Islam, AVP Abul Kasem Mahmud, EO Md. Sazzadur Rahman, AVP Rashid Ahmed Bin Wali, EO Shaikh Altaf Mahmood, VP Abdullah Al Mahmud, AVP

mostafiz@icbisl amic-bd.com
mohiuddin@icbis lamic-bd.com

01811408283 01811408277 01811408274 01811408282 01811418397

01811418401

shafiqur@icbisl amic-bd.com msalam@icbisl amic-bd.com

mkabir@icbislam ic-bd.com

0721774346, 774599 083152757,5243 5 0861-53153 0431-54141, 62474 812922, 8130394, 9144039 8828296, 8821277 0421-68529, 67653 04222-394 0421- 75747 7316579, 7316574 9562790, 7167143 0741-62774 031-652071 8110437, 9139851 9884176, 9884137 9134914, 9126059 7912970, 7912979, 7912780

taifur@icbislami c-bd.com nazim@icbisla mic-bd.com

shahidullah@icbi slamic-bd.com

01811408279 01811408280 01811408281 01811408261 01811408262 01811408284 01811408271 01811408263 01811408265 01841885510 01811408254

golamkibria@ic bislamicbd.com
mosharof@icbisl amic-bd.com

parvez@icbisla mic-bd.com syed.saiful@icb islamic-bd.com mahmud@icbisl amic-bd.com

sazzadur.rahman @icbislamicbd.com

rashidahmed@i cbislamicbd.com
altaf.mahmood@ icbislamicbd.com

a.mahmud@icb islamic-bd.com

Schedule of Charges
Consumer Banking
Item Al Wadiyah Current Account: Minimum Account Opening Amount Account Maintenance Fee ( half yearly ) Issuance of cheque book fee (25 leaves) { First Cheque Book Free} Features & Fees*

Tk. 5000 Tk. 100 Tk. 200 (25 leaves)

Mudarabah Savings Account: Minimum Account Opening Amount Account Maintenance Fee ( half yearly ) Minimum amount required to earn profit Issuance of cheque book fee (10 leaves) { First Cheque Book Free} Mudarabah Short Term Deposit (MSTD) Minimum Account Opening Amount Account Maintenance Fee ( half yearly ) Minimum amount required to earn profit Issuance of cheque book fee (25 leaves) { First Cheque Book Free} Al-Muquafah Executive Account: Minimum Account Opening Amount Account Maintenance Fee ( half yearly ) Minimum amount required to earn profit Issuance of cheque book fee (10 leaves) { First Cheque Book Free} ATM Card Issuance Fee { For first year only/ For reissue incase of lost/ stolen } Annual Fee { Free for first year, second year onwards} Cash Withdrawal: ICB ATM Cash Withdrawal: Q-Cash ATM Cash Withdrawal: Dutch Bangla Bank ATM Cash Withdrawal: Omnibus ATM Manzil (Home) Finance: Finance Amount Processing Fee Rahabar (Auto) Finance: Finance Amount Processing Fee Saahib (Personal) Finance: Finance Amount Processing Fee Murabaha Under Secured Guarantee: Finance Amount Spread rate Processing Fee Closing Charge Locker: Locker charges (Small) Locker charges (Medium) Locker charges (Large) Statements/Certificates: Issuance of Duplicate Statement Fee (Current year) Issuance of Duplicate Statement Fee (Previous years) Issuance of Duplicate Balance Confirmation Certificate Fee Issuance of Solvency Certificate Fee

Tk. 1000 Tk. 100 Above Tk. 5000 Tk. 200 (25 leaves)

Tk. 5000 Tk. 150 Above Tk. 5000 Tk. 200 (25 leaves)

Nil Nil Tk. 5000 Tk. 200 (25 leaves)

Tk. 300 Tk. 300 FREE Tk. 10 per withdrawal Tk. 20 per withdrawal Tk. 20 per withdrawal

Tk. 5 Lac - Tk. 1 Crore 1% of Finance amount

Tk. 2 Lac - Tk. 20 Lac 1% of Finance amount

Tk. 30 Thou - Tk. 7 Lac 1% of Finance amount

Tk.10,000 and above 3% higher than MTDR profit rate

Tk. 1000 Tk. 1000

Tk. 1500 Tk. 2000 Tk. 3000

Tk. 200 Tk. 400 Tk. 200 Tk. 500

Issuance of Certificate of Profit Fee Issuance of Hold Statement fee Issuance of BO Account's Certificate Issuance of Duplicate MTDR Receipt Issuance of Foreign Currency Endorsement Fee Issuance of Investment Outstanding Certificate Issuance of Statement Authentication Charges Fund Transfer: Pay Order charges (Up to Tk. 100,000) Pay Order charges (Tk. 100,000 to Tk. 500,000) Pay Order charges (Tk. 500,000 to Tk. 2,000,000) Pay Order charges (Above Tk. 2,000,000) Pay Order Cancellation Charges Foreign Demand Draft ( Up to USD 200) Foreign Demand Draft ( Above USD 200) Issuance of Duplicate Payment Order (Up to Tk. 500,000) Issuance of Duplicate Payment Order (Tk. 500,000 & above) Others: Student File Maintenance fee Standing Instructions Set Up fee Standing Instructions Amendment fee Standing Instruction Execution Fee (per transaction) Stop cheque payment charges Account Closing Charge Scheme Account Closing Charge Cheque Return Charges Collection of Outstation Cheques/bills Intercity Transaction Charges: Cash Withdrawal (Up to Tk. 25000) Cash Withdrawal (Above Tk. 25000 up to Tk. 100000) Cash Withdrawal (Above Tk. 100,000 up to Tk. 1,000,000) Cash Withdrawal (Above Tk. 1,000,000 up to Tk. 3,000,000) Cash Withdrawal (Above Tk. 3,000,000) Cash Deposit (Up to Tk .100,000) Cash Deposit (Above Tk. 100,000 up to Tk. 1,000,000) Cash Deposit (Above Tk. 1,000,000 up to Tk. 3,000,000) Cash Deposit (Above Tk. 3,000,000) Fund Transfer (Up to Tk. 100,000) Fund Transfer (Above Tk. 100,000) * 15% VAT is applicable

Tk. 250 Tk. 250 Tk. 100 Tk. 200 Tk. 250 Tk. 200 Tk. 200

Tk. 50 Tk. 100 Tk. 150 Tk. 200 Tk. 100 USD 5 or equivalent BDT TUSD 10 or equivalent BDT Tk. 50 Tk. 100

Tk. 3000 Tk. 50 Tk. 50 Tk. 10 Tk. 250 Tk. 200 FREE Tk. 500 0.15%, Min Tk. 100 & Max Tk. 500

FREE Tk. 100 Tk. 300 Tk. 500 Tk. 1000 FREE Tk. 100 Tk. 300 Tk. 1000 FREE Tk. 500

1. Press Release regarding Asset Sales & Service Center in Gulshan, date:
15/02/2010 ICB Islamic Bank Ltd has recently launched Asset Sales & Service Center in Gulshan, Dhaka. The concept of Asset Sales & Service Center is new in Bangladesh. A complete consumer financing solution, from sourcing Home finance, Auto finance and Personal finances to after sales services, all financing facilities will be provided by the Asset Sales & Service Center.

ICB Group CEO, Mr. Tai Terk Lin has inaugurated the Asset Sales & Service Center. Also present in the inauguration ceremony were Mr. Chowdhury Nafeez Sarafat, (Head of Consumer Banking) ICB Islamic Bank Ltd, Mr. Tamim Marzan Huda ( Head of Products) and Mr. Zakir Hossain, (Manager, Asset Sales & Service Center) along with other ICB Islamic Bank Ltd officers.

2. Financial Support For The BDR Mutiny Victim Families Managing Director of ICB Islamic Bank Mr. Masihul Huq Chowdhury handing over a cheque to the Chairman of BAB (Bangladesh Association of Banks) to provide financial support for the affected families who were killed in BDR carnage on 11th March, 2009.

3. Voluntary Blood Donation by ICB Islamic Bank Officials on the Occasion of Bangla New Year 1416 The Management and officials of ICB Islamic Bank welcomes Bangla New Year 1416 through Voluntary Blood Donation in the Head Office premises on Thursday 16th April 2009. Mr. Masihul Huq Chowdhury, Managing Director and CEO of the Bank, along with other officials, voluntarily participated in this Blood Donation Program in arrangement with Bangladesh Red Crescent Society.

4. Voluntary Distribution of Orsaline to Rickshaw Pullers and Day Laborers by ICB Islamic Bank Officials The officials of ICB Islamic Bank came forward with a distinctive idea to increase awareness about the consequences of dehydration during the heat wave days through distributing 1200 bottles of Saline Water to the rickshaw pullers, hawkers & labors in Kawran Bazar & Farmgate area on 29th April, 2009.

5. Donation of Computers & Blankets for Less Privileged People in Dinajpur Managing Director of ICB Islamic Bank handed over computers and blankets to Mr. Mabud Ali, Founder Chairman of Felanee Foundation that aims to create income generation for less advantage women and children in Dinajpur on 13th January 2010.

6. Underprivileged but Talented Students Accorded Reception in ICB Islamic Bank ICB Islamic Bank Ltd officials accorded an iftar reception and stipend for one year to six disadvantaged students who achieved Golden GPA-5 in the SSC Examination 2009. The brilliant students shared the stories of their struggle with the presence of their parents/siblings and officials of ICB Islamic Bank at the iftar and dua gathering held in the Head Office premises on 7th September 2009. Chairman of the Bank, Tan Sri Dr. Hadenan Bin Abdul Jalil, and Members of the Board of Directors, Managing Director Mr. Masihul Huq Chowdhury and all other Senior Officials of the Bank were present on the auspicious occasion.