Shahjalal Islami Bank PLC. organized a workshop on Anti-Money Laundering and Combating the Financing of Terrorism (AML\/CFT) at its Rajshahi branch premises on October 31, 2026. The workshop was attended by officials from 12 branches in the Rajshahi, Rangpur and Saidpur areas.<\/p>\n\n\n\n
A total of 48 officials, including branch managers, deputy managers, investment in-charge and GB in-charge participated in the programme. Md. Jafar Sadeq, FCA, the Deputy Managing Director of the bank, attended the workshop as the chief guest. Md. Abdul Quddus, the Executive Vice President, Deputy Chief Anti-Money Laundering Compliance Officer (DCAMLCO) and Head of the Anti-Money Laundering Division, discussed various aspects of anti-money laundering and combating the financing of terrorism. Md. Ashraful Islam, an Assistant Vice President of the same division, also spoke on the relevant issues.<\/p>\n\n\n\n
Among others, Md. Humayun Kabir Mia, Executive Vice President of the Special Asset Management Division (Recovery-2), at the Corporate Head Office; Md. Sajjad Hossain, Vice President of the Right of Investment Recovery Unit; and Md. Mominul Islam, Senior Assistant Vice President of the Special Asset Management Division (Recovery-1), were present.<\/p>\n\n\n\n
Later, the Deputy Managing Director Md. Jafar Sadeq, FCA distributed Bangla QR codes among businesspeople from different professional groups in the Rajshahi, Rangpur and Saidpur areas to make digital transactions easier, safer and more convenient. The initiative was undertaken as part of the campaign promoting the slogan, “One Country, One QR Code, Transactions through Bangla QR Code”.<\/p>\n\n\n\n
Addressing the workshop, Md. Jafar Sadeq, FCA said money laundering and terrorist financing had become major challenges to global financial stability and the economic security of countries. Combating these crimes was essential to safeguarding a country’s economic stability, investment environment, good governance and public confidence in financial institutions. He emphasized that illegally acquired money was often introduced into the legitimate financial system through various channels and subsequently used to undermine the economy.<\/p>\n\n\n\n
Therefore, preventing money laundering was not only an institutional obligation but also an ethical, professional and legal responsibility. He further observed that digital platforms were increasingly being used for financial crimes, including digital hundi, online gaming and betting, online gambling, illegal cryptocurrency transactions and forex trading. Such activities were facilitating the transfer of money out of the country.<\/p>\n\n\n\n
He urged banking professionals to remain vigilant so that banking channels could not be exploited for criminal activities. He also stressed the need for coordinated institutional initiatives to strengthen the country’s financial security and ensure sustainable economic development. The workshop focused on enhancing awareness and strengthening the capacity of bank officials to identify and prevent money laundering and terrorist financing risks.<\/p>\n","protected":false},"excerpt":{"rendered":"