Company Information

Get to know First Security Islami Bank

First Security Islami Bank PLC commenced its banking operations on October 25, 1999, as a conventional commercial bank. On January 1, 2009, it fully converted its operations into a Shariah-compliant Islamic bank. The bank is committed to contributing to the socio-economic development of Bangladesh by providing a broad spectrum of banking services, including retail, corporate, and SME banking, all in accordance with Islamic principles. Its mission is to deliver modern, technology-driven banking solutions while upholding the values of integrity, transparency, and customer satisfaction.

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Financial BankingPRIMARY
Financial Other Service

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First Security Islami Bank

Bangladesh

Founded in

29 Aug 1999 (26 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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FTD LIMITED

(505 reviews)

British Virgin Islands

2017

(9 years)

Security Information :

BVI FSC

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.