, Feb. 10 -- Bangladesh Bank has officially announced the renaming of Standard Bank PLC to 'Standard Islami Bank PLC' effective February 10, 2026.

The change follows the bank's full conversion into a Shariah-compliant financial institution.

The transition reflects the continued expansion of the Islamic finance sector in Bangladesh. With this addition, the country's banking landscape now features:

In Bangladesh 10 banks are operating in full-fledged Islami Banking. Currently, 16 conventional commercial banks offer Shariah-compliant services through a network of over 600 dedicated windows

Additionally, 15 conventional banks maintain 30 specialized Islamic banking branches.

According to the central bank's circular, all scheduled banks h...