Al-Arafah Islami Bank PLC. Sustainability Profile
Al-Arafah Islami Bank PLC, headquartered in Dhaka, Bangladesh, is a prominent player in the Islamic banking sector. Established in 1995, the bank has made significant strides in providing Shariah-compliant financial services across the country, with a strong presence in major operational regions including Dhaka, Chittagong, and Sylhet. Specialising in retail banking, corporate finance, and investment services, Al-Arafah Islami Bank offers a range of unique products such as Murabaha, Ijara, and Mudaraba financing. The bank is recognised for its commitment to ethical banking practices and customer-centric services, positioning itself as a trusted choice for individuals and businesses seeking Islamic financial solutions. With a solid market presence, Al-Arafah Islami Bank continues to achieve notable milestones in the evolving landscape of Islamic finance in Bangladesh.
DitchCarbon Score
How does Al-Arafah Islami Bank PLC.'s carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Al-Arafah Islami Bank PLC.'s score of 25 is lower than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Al-Arafah Islami Bank PLC.'s reported carbon emissions
Al-Arafah Islami Bank PLC., headquartered in Bangladesh (BD), currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. Furthermore, the bank has not established any documented reduction targets or commitments under the Science Based Targets initiative (SBTi) or other climate pledges. As there is no emissions data available, it is important to note that Al-Arafah Islami Bank PLC. has not cascaded any emissions data from a parent or related organization. This lack of data may reflect the bank's current position in the industry regarding climate commitments and emissions reporting. In summary, Al-Arafah Islami Bank PLC. has yet to disclose its carbon emissions or set specific reduction targets, indicating a potential area for future development in their environmental strategy.
How Carbon Intensive is Al-Arafah Islami Bank PLC.'s Industry?
How Carbon Intensive is Al-Arafah Islami Bank PLC.'s Location?
Al-Arafah Islami Bank PLC.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Al-Arafah Islami Bank PLC. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
