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
[Link]/II*
100
[Link]/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