Dhaka, Jan. 27 -- To enhance technological capacity and ensure more secure and uninterrupted banking services, Al-Arafah Islami Bank PLC has undertaken a modernization of its Core Banking System (CBS), according to a press release.

As a result, all banking services will remain temporarily suspended for three days from 1 February to 3 February. On 5 February, only cash transactions and limited branch-based banking services will be available. However, from 30 January to 7 February, all online/digital banking services of the Bank will remain suspended. Following the completion of the technological upgrade, all regular and online banking services will be fully resumed from 8 February.

In accordance with approval from Bangladesh Bank, Al-Ara...