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Al-ArafahIslami Bank Limited

Company profile:

Date of Registration
1st Branch

18 June 1995
Motijheel Branch, Dhaka

Opening Ceremony

27 September, 1995

Authorized Capital

5,000.00 Million

Paid-up Capital

4,677.28 Million

Local Partnership ofCapital100%


Equity
Number of Branches

9,647.45 Million
78

Deposit

52,973.97 Million

Investment

53,582.96 Million

Number of Employees1,711
Number of Shareholders

49,386

Known As

AIBL

SWIFT Code

ALARBDDH

Category

Commercial

Type

Private

Origin

Local

Description

With a vision to emerge as the leading Islami bank in Bangladesh, Al-ArafaIslami Bank was established by some
religious personalities from commerce and industries of the country. To make significant contribution to the national
economy for sustainable growth was another agenda of the bank. AIBL presents all its services and products in complianc
with Islamic Laws (Shariah). A powerful Shariah Board is constituted by renowned Islamic scholars and economists of the
country and the board carefully scrutinizes each and every service and product before offering the same to the customers.

Deposit schemes

Investments

Mudaraba Short Notice Deposit


Mudaraba Term Deposit
Monthly Profit Based Term
Deposit

Monthly Installment Based Term


Deposit

Al-Arafa Monthly Hajj Deposit

Al-Arafa Termed Hajj Deposit

Monthly Installment Based


Marriage Savings Investment Scheme

Al-Arafa Savings Bond

Foreign Currency Deposit

Pension Deposit Scheme

Cash Waqf Deposit Scheme

MudarabaLakhpoti Deposit
Scheme

Mudaraba Millionaire Deposit


Scheme

Mudaraba (Special) Pension


Deposit Scheme

MudarabaKotipoti Deposit
Scheme

Mudaraba Double Benefit Deposit


Scheme

Agriculture
Industry
Business
Foreign Trade
Construction and
Housing

Transportation

Hire Purchase

Mosque and
Madrasa

Village

Small Enterprise

Consumer

SME Banking

Facilitation of SME
entrepreneurs

Boosting up small
businesses

Facilitation of Agro
industries

Broaden the base of


Islamic Banking in the society

Encouraging women
entrepreneurs

Micro Finance
Al-ArafaIslami Bank performs here in full compliance with Shariah.

Micro credit program of the bank is executed under supervision of Al-ArafaIslami Bank. Eight groups having five
members in each, create a Samitee. The credit is distributed to the members having all the other members of a group as
guarantor for it. Personal guarantee from a local eminent person is also accepted. The range of loan is from Tk. 3000 to Tk
50000 and the modes of loan are Fixed capital investment and Running capital investment.
Al-ArafaIslami Bank is still working with same spirit it started with 16 years back.

Liquidity Ratio
1. Cash position indicator
Year Formula

Value

CPI

2009

3,643,562,684+37,850,700,222/48,515,787,384
0.86
Cash +deposit/ Total asset

2010

4,245,822,704 +52,161,451,411/74,005,006,188
0.76
Cash +deposit/ Total asset

[5.b Cash Reserve Requirments (CRR) and Statutory Liquidity Requirments (SLR)
Cash Reserve Requirments(CRR) and Statutory Liquidity Requirments (SLR) have been calculated and
maintained in accordance with Section 33 of Bank Companies Act.1991 & as per Bangladesh bank Curcular
No: MPD/05 Dated: 01.12.10.]
2.

Liquid securities Indicator

Year

Formula

Value

LSI ratio %

2009
3.09
Govt. sec / Total asset*100

1,500,000,000/48,515,787,384*100

Govt. sec/ Total asset*100

2,000,000,000/74,005,006,188*100

2010

3.

2.7

Liquid asset ratio


Year
2009

Formula

Value

LA ratio
0.13

Cash+ reserve+ GS/ TA

3,643,562,684+1,223,175,753+1,500,000,000/48,515,787,384

2010

0.12
Cash+ reserve+ GS/ TA

4,245,822,704+1,746,422,081+2,000,000,000/74,005,006,188

Leverage ratio

4. Debt ratio
Year
2009
2010

5.

Formula
TD/ TA
TD/ TA

Value
44,951,058,918/48,515,787,384
64,357,558,031/74,005,006,188

Debt equity ratio

Debt ratio
0.93
0.87

Year formula
2009 Debt/ equity

Value
44,951,058,918/3,564,728,466

DE ratio
12.61

2010 Debt/ equity

64,357,558,031/9,647,448,157
6.67

6. Advanced deposit ratio


Year
2007
2008

Formula
L &A / deposit
L &A / deposit

Value
/37,850,700,222
/52,161,451,411

Advanced deposit ratio

Activity Ratio
7.

Total asset turnover:

Year
2007
200

Formula
II/ Asset *100

Value
1,337,197,611/48,515,787,38*100

II/ Asset *100

1,009,614,472/74,005,006,188*100

TA turnover
1.36 times

Profitability Ratio
9.
Year
2009

Return on Asset
Formula
NI/TA *100

Value

ROA
1.77

858,987,708/48,515,787,384*100

2010

2.45
NI/TA *100

1,816,137,207/74,005,006,188*100

9) Return on equity
Year
2009

Formula

Value
858,987,708/3,564,728,466*100

ROE
24.1

NI/ Total SH. Equity* 100


2010

18.82
NI/ Total SH. Equity* 100

1,816,137,207/9,647,448,157*100

10) Earnings per share


Year Formula

value

EPS

2009
2.00

858,987,708/428656737
NI/total no. of shares outstanding
2010

4.14

1,776,992,595/ 438,516,725
NI/total no. of shares outstanding

*note- 38

11.

Net profit Margin

Year
2009

Formula

2010

Value
858,987,708/1,337,197,611*100

P.A.Tax/II*
100
P.A.Tax/II*
100

NPM %
64.24

1,776,992,595/1,009,614,472*100 176

Market Ratio

12. Price earnings Ratio

Year
2009
2010

Formula
Market price per share/ EPS
Market price per share/ EPS

PER
9.53
13.24

Value
19.06/2.00
54.81/4.14

13. Market Price Per Share


Year
2009
2010

Formula

value

MPPS
19.06
54.81

Particular
Investment income
Profit paid to depositors
Net Investment Income
Commision, Exchage and other Income
Total Operating Income
Total Operating Expense
Profit before tax and provision
Provision on Investment and others
Profit Before tax
Provision for taxation
Net Profit after tax
EPS

2010
4,143.30
3,133.69
1,009.61
3,378.95
4,388.56
1,328.61
3,059.95
370.80
2,689.15
873.01
1,816.13
4.05

Consolidated Balance Sheet as at 31 December 2010

2009
4,004.54
2,667.34
1,337.20
1,301.10
2,638.29
908.47
1,729.83
140.59
1,589.24
730.25
858.99
4.775

Growth %
3.47
17.48
(24.50)
159.70
66.34
46.25
76.89
163.75
69.21
19.55
114.43
110.50

2010
Taka

2009
Taka

2010
(%)

2009(%
)

4,245,822,704
804,082,158

3,643,562,684
988,404,578

5.74
1.09

7.51

8,200,000,000

2,800,000,000

11.08

5.77

2,178,833,340
53,582,960,723
655,388,261
4,337,919,002
74,005,006,188

1,502,000,000
36,134,084,793
466,297,269
2,981,438,060
48,515,787,384

2.94
72.4

3.09461
74.4

.86
5.86
100

0.96112
6.14529
4809
4595
100

Placement from Banks & other Financial


Institutions
Deposit and other Accounts
Other Liabilities

5,680,000,000

2,620,000,000

7.68

5.41

52,973,965,466

38,355,496,820

5,690,044,819

3,986,072,408

79.0577
6426
8.22

Deferred Tax Liabilities/ (Assets)

13,547,746

(10,510,310)

71.58
15972
7.688
4
0.018

Total Liabilities (12+13+14+15)


Capital/Share holders Equity
Total Share holders Equity
Total Liability and Share holders Equity

64,357,558,031

44,951,058,918

86.96

13.04

92.65
7.35

100

100

PRPROPERTY AND ASSETS


Cash in hand
Balance with other Banks and Financial
Institutions
Placement with Banks & other Financial
Institutions
Investment in Share & Securities
Investments
Fixed Assets including Premises Other Assets
Non-Banking Assets
Total Assets

2.04

LIABILITIES AND CAPITAL


Liabilities

9,647,448,157
74,005,006,188

3,564,728,466
48,515,787,384

(.022)

2010 %

2009%

2010

2009

Investment income

4,143.30

4,004.54

100

100

Profit paid to depositors


Net Investment Income

3,133.69
1,009.61

2,667.34
1,337.20

75.63
24.37

66.60
33.34

Commission, Exchange and other


Income
Total Operating Income

3,378.95

1,301.10

81.55

32.49

4,388.56

2,638.29

105.92

65.88

Total Operating Expense


Profit before tax and provision

1,328.61
3,059.95

908.47
1,729.83

32.067
73.85

22.68
43.20

Provision on Investment and others

370.80

140.59

8.95

3.51

Profit Before tax

2,689.15

1,589.24

64.90

39.68

Provision for taxation

873.01

730.25

21.07

18.23

Net Profit after tax

1,816.13

858.99

43.83

21.45

EPS

4.05

4.775

Horizontal analysis
Balance sheet

2010
Taka

2009
Taka

4,245,822,704
804,082,158

3,643,562,684
988,404,578

8,200,000,000

2,800,000,000

2,178,833,340
53,582,960,723
655,388,261

1,502,000,000
36,134,084,793
466,297,269

4,337,919,002
74,005,006,188

2,981,438,060
48,515,787,384

Placement from Banks & other


Financial Institutions
Deposit and other Accounts
Other Liabilities

5,680,000,000

2,620,000,000

52,973,965,466

38,355,496,820

5,690,044,819

3,986,072,408

Deferred Tax Liabilities/ (Assets)

13,547,746

(10,510,310)

Total Liabilities (12+13+14+15)


Capital/Share holders Equity
Total Share holders Equity
Total Liability and Share holders
Equity

64,357,558,031

44,951,058,918

PRPROPERTY AND ASSETS


Cash in hand
Balance with other Banks and
Financial Institutions
Placement with Banks & other
Financial Institutions
Investment in Share & Securities
Investments
Fixed Assets including Premises
Other Assets
Non-Banking Assets
Total Assets

Change in tk

Change in %

602,260,020

16.53

-184,322,420

-18.64

5,400,000,000

192.85

676,833,340

45.062

17,448,875,930

48.289

189,090,992

40.55

1,356,480,942

45.49

25,489,218,804

52.53

3,060,000,000

116.79

14,618,468,646

38.11

1,703,972,411

42.74

24,058,056

-228.90

19,406,499,113

43.17

6,082,719,691

170.63

25,489,218,804

52.53798852

LIABILITIES AND CAPITAL


Liabilities

9,647,448,157
74,005,006,188

3,564,728,466
48,515,787,384

Change in
tk

Change in
%

2010

2009

Investment income

4,143.30

4,004.54

138.76

3.46

Profit paid to depositors


Net Investment Income

3,133.69
1,009.61

2,667.34
1,337.20

466.35
-327.59

17.48
-24.49

Commission, Exchange and other


Income
Total Operating Income

3,378.95

1,301.10

2,077.85

159.70

4,388.56

2,638.29

1,750.27

66.34

Total Operating Expense


Profit before tax and provision

1,328.61
3,059.95

908.47
1,729.83

420.14
1,330.12

46.24
76.89

Provision on Investment and others

370.80

140.59

230.21

163.74

Profit Before tax

2,689.15

1,589.24

1,099.91

69.20

Provision for taxation

873.01

730.25

142.76

19.54

Net Profit after tax

1,816.13

858.99

957.14

111.42

EPS

4.05

4.775

-0.73

15.18

Investment income increased by 3.47% compared to previous year due to increase investment Tk. 17,448.88 crore in
2010 and optimum utilization of surplus fund. On the other hand profit paid on deposits and borrowings increased by
17.48% compared to previous year.
Commission exchange and other income increased by 159.70% compared to previous year as our
Foreign exchange business increased by 52.22% compared to previous year.
Total operating expenses increased by 46.25% compared to previous year

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