PBIL, Amanie sign mou to develop sukuk market in Bangladesh
Prime Bank Investment Ltd (PBIL) has formed a strategic alliance with Amanie Advisors to boost Bangladesh's Islamic investment sector.
The Memorandum of Understanding (MoU) was signed on 13 August 2025 at Shangri-La, Kuala Lumpur, by Syed M Omar Tayub, MD & CEO of PBIL, and Suhaida Mahpot, CEO of Amanie Advisors, Malaysia. The signing took place during the Bangladesh–Malaysia Chamber of Commerce and Industry (BMCCI) delegation's visit as part of the entourage of the Honorable Chief Adviser of Bangladesh, Professor Muhammad Yunus, on his state visit to Malaysia.
The ceremony was attended by Chowdhury Ashik Mahmud Bin Harun, Executive Chairman of BIDA and BEZA; H.E. Mohd Shuhada Othman, High Commissioner of Malaysia to Bangladesh; and Shabbir A. Khan, President of BMCCI.
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The collaboration will deliver Sukuk structuring and advisory, develop Shariah-compliant financial products, and provide research, policy advocacy, and specialized training. Through this alliance, PBIL will leverage Malaysia's Islamic finance expertise to drive knowledge exchange and broaden Bangladesh's investor base.
Syed M Omar Tayub, MD & CEO of PBIL, said: "This alliance marks a significant milestone in our Islamic investment journey. Together with Amanie Advisors, we aim to create ethical, innovative, and investor-friendly Shariah-compliant solutions aligned with Bangladesh's economic priorities."
Suhaida Mahpot, CEO of Amanie Advisors, noted: "We are proud to bring Malaysia's expertise to Bangladesh, leveraging more than 20 years of global experience in Islamic finance across multiple jurisdictions."
Bangladesh has significant untapped potential in Shariah-compliant investments, particularly Sukuk. With Malaysia being the global leader in Sukuk issuance, the partnership is expected to help translate this potential into tangible economic impact.
PBIL extended its thanks to the Bangladesh Investment Development Authority (BIDA), the High Commission of Malaysia to Bangladesh, BMCCI, and Amanie Advisors for their confidence and collaboration. The company looks forward to realizing shared goals and driving transformative growth in Bangladesh's Islamic finance sector.
