Islami Bank Bangladesh PLC has entered into a corporate agreement with Islami Bank Foundation to enable digital fee payments for students at 14 institutions operated by the foundation, reinforcing its commitment to digital financial solutions in education. Under the agreement, students and guardians will be able to pay tuition, session fees, and other charges via Islami Bank's Cellfin app and mCash corporate services. The memorandum of understanding was signed yesterday. Md Altaf Hossain, managing director (in-charge), Islami Bank Bangladesh PLC, and Mohammad Ali, executive director (in-charge), Islami Bank Foundation, signed the agreement on behalf of their respective organisations. Mohammad Khurshid Wahab, chairman, executive committee; SM Abdul Hamid, FCA, chairman, risk management committee; and Dr M Kamal Uddin Jasim, additional managing director, Islami Bank, were present at the signing ceremony.
Md Maznuzzaman, executive vice-president, Islami Bank, and senior officials from both organisations also attended.
