Dhaka, Oct. 11 -- Dhaka University Treasurer Professor M. Jahangir Alam Chowdhury on Saturday said Islamic banking and finance continue to play an increasingly vital role in the global economy - not merely for being interest-free, but also for their ethical and socially responsible principles.

He made the remarks while addressing the closing ceremony of the week-long Professional Certificate in Islamic Banking (PCIB) training course, jointly organised by the Bangladesh Institute of Islamic Finance (BIIF) and National Credit and Commerce Bank PLC (NCC Bank PLC), held at the BIIF Training Hall in Motijheel.

Dr. Jahangir Alam Chowdhury said that from the perspective of sustainable development, both responsible borrowers and lenders are ess...