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Depreciation of taka

THE persistent depreciation of the taka against the US dollar has become a focal point. This decline, gradual thouhg, has intensified over the past decade, triggering questions about its causes, implications and solutions. While the weakening of the taka has multiple contributing factors, such as non-performing loans from multilateral development banks...

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TIFL investment committee meeting held

Takaful Islami Insurance Limited鈥檚 investment committee held its 6th meeting at house 23/Ka, road 7, Dhanmondi in the capital Dhaka on Sunday, said a press release.

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Promises and pitfalls

THE Offshore Banking Act 2024 that was enacted in March marks a significant transformation in the country鈥檚 financial sector. This legislative measure aimed at increasing foreign currency reserves can attract international investment and facilitate the modernisation of the banking sector. However, it creates a complicated set of strategic imperatives...

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Tahmina re-elected Takaful Islami Insurance chair

Tahmina Afroz has been re-elected chairperson of Takaful Islami Insurance Limited for the year 2024-25 during the company鈥檚139th board meeting held on August 10, said a press release...

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