Shahjalal Islami Bank PLC. signed a MoU with Islamic Corporation for the Development of the Private Sector (ICD)

Shahjalal Islami Bank PLC. recently signed a Memorandum of Understanding (MoU) with Islamic
Corporation for the Development of the Private Sector (ICD), a member institutions of the Islamic
Development Bank Group in the event IsDB Group Private Sector Forum (PSF)-2024 held at the
Inter Continental Riyadh, KSA. The Managing Director of Shahjalal Islami Bank PLC. Mr. Mosleh
Uddin Ahmed and the Chairman of Islamic Development Bank (IsDB) Group H.E. Dr. Muhammad
Sulaiman Al Jasser signed in the MoU on behalf of their respective organizations. Among others,
the Additional Managing Director & COO of Shahjalal Islami Bank PLC. Mr. M. Akhter Hossain
was also present in the ceremony while signing the agreement.

Under this agreement Shahjalal Islami Bank PLC. will receive USD 35 million assistance from ICD in
Shariah based financing.