Al-Arafah Islami Bank assesses entry-level recruitment

Al-Arafah Islami Bank PLC has reaffirmed its commitment to building a merit-based, professionally sound banking environment, underpinned by operational efficiency, financial stability, and leadership in Shariah-based banking.
In recent months, several internal and external audits have been conducted to assess the Bank's transparency in operations, risk management, human resource practices, and the quality of its financial reporting.
Auditors and regulatory bodies observed that the recruitment process for entry-level officers had not been properly followed since 2021. As a result, the Bank was advised to conduct a formal assessment to ensure compliance and meritocracy.
In response, all officers recruited into entry-level roles since 2021 without due process were brought under an impartial evaluation. A total of 1,414 officers participated in an assessment test administered by the Institute of Business Administration (IBA), University of Dhaka. Of them, 864 candidates qualified, while 550 were disqualified.
To uphold administrative discipline and good governance, the disqualified officers have been released from service in full compliance with the Bank's Employees' Service Rules and relevant laws of the land.
Al-Arafah Islami Bank PLC has reiterated its commitment to building a modern, sustainable, and customer-centric Islamic banking system by recruiting competent, qualified, and transparently selected professionals.