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Al-Arafah Islami Bank PLC Appoints Mohd Rafat Ullah Khan as Managing Director

PRIVATEDec 19, 2025

Position

Managing Director

Company

Al-Arafah Islami Bank

Mohd Rafat Ullah Khan
DhakaFinancial ServicesFinanceLendingBanking

Description

Al-Arafah Islami Bank PLC has appointed Mohd Rafat Ullah Khan as managing director for a three-year term, effective from 18 December 2025. Khan brings over three decades of banking experience and previously served as additional managing director and chief risk officer of the bank.

Quick answer

Al-Arafah Islami Bank PLC Appoints Mohd Rafat Ullah Khan as Managing Director (December 19, 2025). Al-Arafah Islami Bank is based in Dhaka, Dhaka Division, Bangladesh.

Who is the new Managing Director at Al-Arafah Islami Bank?
Al-Arafah Islami Bank named Mohd Rafat Ullah Khan Managing Director, announced December 19, 2025.
What did Al-Arafah Islami Bank announce on December 19, 2025?
Al-Arafah Islami Bank PLC has appointed Mohd Rafat Ullah Khan as managing director for a three-year term, effective from 18 December 2025. Khan brings over three decades of banking experience and previously served as additional managing director and chief risk officer of the bank.
What does Al-Arafah Islami Bank do?
Al-Arafah Islami Bank PLC is a leading Shariah-based commercial bank in Bangladesh, founded in 1995 to deliver modern Islamic banking guided by the principles of the Qur’an and Sunnah.
Where is Al-Arafah Islami Bank based?
Al-Arafah Islami Bank is based in Dhaka, Dhaka Division, Bangladesh.
Which similar companies made leadership changes around the same time?
Jio Financial Services (December 20, 2025), On Tap Credit Union (December 16, 2025), State Bank of India (December 16, 2025) and SBM Bank India (December 22, 2025) also announced leadership changes within 45 days of Al-Arafah Islami Bank.

Source: Fundz verified event record.

Other recent leadership changes in Financial Services and Finance

Executive moves at companies in the same sectors within 45 days, from Fundz verified event records.

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Company Information

Company

Al-Arafah Islami Bank

Location

Dhaka, Dhaka Division, Bangladesh

About

Al-Arafah Islami Bank PLC is a leading Shariah-based commercial bank in Bangladesh, founded in 1995 to deliver modern Islamic banking guided by the principles of the Qur’an and Sunnah. Established by a group of respected Islamic scholars, economists, and business leaders—led by founder chairman Mr. A.Z.M. Shamsul Alam—the bank combines ethical finance with strong governance and business acumen. With 119 branches, over 2,600 employees, authorized capital of BDT 15,000 million, and paid-up capital exceeding BDT 8,343 million, Al-Arafah Islami Bank has built a strong presence in the country’s financial sector and is recognized for its commitment to Islamic values, professionalism, and sustainable growth.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.