Islami Bank awards scholarships to RDS members

Islami Bank Bangladesh PLC has provided scholarships to the meritorious wards of the Rural Development Scheme (RDS) members of Bogura, Rajshahi and Rangpur zones.

One hundred ninety-one students from various engineering, specialised and public universities and medical colleges among the wards of the project members were awarded scholarships on Sunday, February 16, 2025, at a ceremony organised at Hotel Mom-Inn in Bogura. Professor Dr Mohammed Masud Rahman, Chairman of the Bank's Risk Management Committee, graced the program as the chief guest, which was presided over by Mohammed Monirul Moula, Managing Director of the Bank. Md. Altaf Hossain, Additional Managing Director, Abu Sayed Md. Idris, Senior Executive Vice President & Head of the Bank's Retail Investment Wing, Prof. Dr. Hosne-Ara Begum, Founder Executive Director of Thengamara Mahila Sabuj Sangha (TMSS), Md. Abdul Wahed, Vice Principal of Govt. Azizul Haque College- Bogura and Mawlana Md. Alamgir Hossain, President of Bogura Imam, and Ulama Parishad were addressed as special guests. Roni Ahmed and Md. Dilruba Alia, students of BUET, Ratul Hasan from Dhaka Medical College, Md. Ashraful Islam, Dilip Kumar Das and Md. Asma Begum from Dhaka University, Md. Nur Jannat Tumpa and Md. Abul Khair from Rajshahi Medical College, Lovely Akhter Banu of Suhrawardy Medical College, Md. Mahbubur Rahman of Mymensingh Agricultural University and Md. Redwan Hossain, Assistant Engineer of NESCO- Bogura, expressed feelings on behalf of the scholarship recipients, parents, and former recipients. Alongside recipients and parents, the event was attended by various officials from the Bank's Bank's head office and three zones.

Professor Dr Mohammed Masud Rahman, the chief guest, said in his speech that Islami Bank had made an unforgettable contribution to the country's overall economic development. Obstacles to the Bank's development have been removed, and BankBank will play its role more smoothly in the coming days. The Bank'sBank's public welfare programs will be further expanded. He called upon the emerging students to work honestly and diligently for national development.

Mohammad Monirul Moula, in his presiding speech, said that Islami Bank is the Bank of the mass people of the country, regardless of class or creed. In addition to its top position in all business indicators, including deposits, investments, foreign remittance collection, and import and export, it is a constant partner in the country's economic development, including industrialisation, entrepreneurship development, and employment creation. Islami Bank's Rural Development Project is the world's most extensive Islamic microfinance program. This project is leading in rural development, poverty alleviation, social development, and women's empowerment.

It was disclosed at the event that Islami Bank's Rural Development Scheme is working to improve the living standards of 18 lakh members in more than 34,000 villages in 64 country districts under the Bank's 517 operating units. Since 2012, the BankBank has spent Tk. 2.37 billion on educational assistance, training, health sector, relief & rehabilitation, and environmental protection activities under an integrated development programme, directly benefiting 19 lakh people. During this period, Tk. Nine hundred ten million has been spent on education, benefiting 480,000 people. Under the project's education support program, scholarships are provided to graduating and higher secondary level students, and educational materials are provided to primary and secondary level students. In addition, the Scheme operates 680 pre-primary schools and maktabs for minor babies across the country.