Dhaka, Bangladesh (BBN) - Prime Bank Limited has launched "Mudaraba Cash Waqf Deposit Scheme", unveiling an opportunity of mobilizing social capital, using it in social welfare activities and helping to reduce financial imbalance between the rich and the poor.
Shirajul Islam Mollah, Chairman of the bank, as the chief guest launched the waqf scheme at an Iftar Mahfil-cum seminar on "Role of Waqf in Social Economic Development" at a city hotel on Monday.
Presided over by Ehsan Khasru, the bank's Managing Director, the function was addressed, among others, by Professor M Shamsher Ali.
M. Azizul Huq, member of the Prime Bank Shariah Supervisory Committee, presented a key-note paper at the seminar.
BBN/SSR/AD-31July12-11:11 am (BST)
