IPDC Finance PLC, a company listed in the financial sector
of the stock market, is set to enter the Islamic Shariah based financing
business. Bangladesh Bank has granted the company in principle approval for
this purpose.
IPDC Finance disclosed the matter in information published
on the websites of the Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange
(CSE) on Sunday.
The company said it will conduct Shariah based financing
operations by establishing an “Islamic Finance Wing.” How...