Business Desk :
Prime Bank Investment recently launched four product segments to cater to diverse investor segments.
The segements under the brand “PrimeInvest Discretionary Product Suites” are: Shariah, Women, Probashi, and Youth.
PrimeInvest Shariah introduces a suite of Shariah-compliant capital market investment solutions tailored for the broader Muslim community, the bank said in a press release. It will be under the supervision of a dedicated Shariah board to ensure adherence to international Shariah screening standards.
On the other hand, PrimeInvest Probashi is a unique initiative offering investment opportunities to individuals living abroad.
PrimeInvest Women is committed to encouraging women’s active engagement in the capital market.
Lastly, PrimeInvest Youth is a scheme designed to empower those aged 18-25.
Shaikh Shamsuddin Ahmed, commissioner of the Bangladesh Securities and Exchange Commission (BSEC), attended the launching programme as chief guest at The Westin Dhaka, where Azam J Chowdhury, director of Prime Bank, was present. Ahmed said the BSEC was striving to introduce Shariah-based products to the capital market.
“Various Shariah-based products have been introduced, including sukuk bonds. As these products begin to emerge, the commission is actively promoting their advancement,” he said.