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AIBL News

05 Jun, 2018
monthly business review meeting of al-arafah islami bank limited held

04 Jun, 2018
al-arafah islami bank donates tk. 5 lac to dhaka metropolitan police for scholarship

03 Jun, 2018
training course on foreign exchange & international trade held at al-arafah islami bank limited

31 May, 2018
alhajj md. liakat ali chowdhury elected as chairman of board risk management committee of al-arafah islami bank ltd.

30 May, 2018
md. amir uddin ppm re-elected as chairman of board audit committee of al-arafah islami bank ltd.

28 May, 2018
foundation course on banking for newly recruited officers starts at al-arafah islami bank limited

27 May, 2018
hafez alhajj mohammad enayet ullah re-elected as chairman and alhajj salim rahman re-elected as vice chairman of executive committee of al-arafah islami bank ltd.

24 May, 2018
al-arafah islami bank ltd. approves 15% cash and 5% stock dividend for 2017

24 May, 2018
alhajj abdus samad (labu) re-elected as chairman and alhajj mohammed abdus salam re-elected as vice chairman of al-arafah islami bank limited

22 May, 2018
al-arafah islami bank donates pick-up to chittagong district police

AIBL Newsroom
Date: 01 Jan, 2018
Al-Arafah Islami Bank implements Risk-Based Internal Auditing System

Al-Arafah Islami Bank Ltd., one of the leading Islamic banks in Bangladesh has successfully implemented ‘Ababil RBIAS: Risk-Based Internal Auditing System’. Managing Director of the Bank Md. Habibur Rahman inaugurated the new launching ceremony as Chief Guest. Director Alhajj Abdul Malek Molla was present as special guest. Among others, Deputy Managing Directors of the Bank Kazi Towhidul Alam, Md. Fazlul Karim, Muhammad Mahmoodul Haque, S. M. Jaffar, Zubair Wafa, Principal of AIB Training and Reaserch Institute Md. Nurul Islam Khalifa, Managing Director and CEO of Millenium Information Solution Ltd. Mahmud Hossain, Director Fokhruz Zaman and Executive Director AKM Nazmuzzaman were also present in the occasion.

The new Ababil RBIAS is a pioneering software solution for Financial Institutions which was designed and developed by Millennium Information Solution Ltd. Ababil RBIAS works as a tool to help the banks evaluate branch and banks’ position through Risk Grading by collecting and processing business risk data from CBS, Control Risk data based on audit observation and Core Risk element data defined by Central Bank. It also assists auditors in scheduling, planning, executing, reviewing and reporting in a paperless manner. With the help of RBIAS, audit departments of all sizes will now be able to spend more time providing value-added services and less time in documenting and reviewing.

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