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.
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.
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.
Al-Arafah Islami Bank PLC.'s score of 22 is lower than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Al-Arafah Islami Bank PLC., headquartered in Bangladesh (BD), currently does not report any carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Additionally, the bank has not established any documented reduction targets or commitments to 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 inherited any emissions data from a parent or related organization, nor does it participate in any cascading initiatives. The bank's current climate commitments and reduction initiatives remain unspecified, placing it in a context where further action may be necessary to align with industry standards for carbon emissions management and climate responsibility.
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Al-Arafah Islami Bank PLC. is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.