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Top officials of UFS laundered Tk 170cr

Where do Shariah-compliant mutual funds stand in Bangladesh

Recent media reports regarding the solvency of certain Islamic banks in Bangladesh highlight existing hurdles. For a wider investment universe to emerge, there needs to be a tide that floats the entire Islamic finance system in Bangladesh. Foremost is the credibility of Islamic banks, which is imperative to the prosperity of Shariah mutual funds

The government raised the retail price of gas

The government raised the retail price of gas
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Market regulator bans audit firm over anomalies

The securities regulator has banned audit firm Ahmed Zaker and Co from the stock market for collaborating with an asset management company to embezzle investors' funds. In an order issued on Wednesday, the regulator said the firm would not be allowed to audit the financial statements of any mutual funds or listed companies. The Bangladesh Securities and Exchange Commission

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