Controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2022
Digital Security Act dispute involving allegations about associated banks
S. Alam Group sued a Feni District insurance agent over social-media and poster allegations concerning alleged embezzlement involving several banks, including Al-Arafah Islami Bank. The reference does not establish the allegations or the legal outcome.
2018
Anti-Corruption Commission case involving former chairman
The Anti-Corruption Commission sued Badiur Rahman, a former chairman and bank director, alleging that BDT 16.8 million was laundered to Singapore through Ariel Maritime (Pvt) Limited. The supplied source does not report a final court outcome.