A delegation from the Islamic Banks Consultative Forum (IBCF), led by its chairman Khaja Shahriar, met with the chairman of the National Board of Revenue (NBR) on Monday, January 26, at the NBR headquarters in Agargaon. The meeting focused on the calculation of excise duty on trade facility loans and investment services, highlighting differences between conventional and Islamic banking practices.

NBR officials, including Chairman Md. Abdur Rahman Khan, listened attentively to the delegation’s concerns and assured that necessary steps would be taken within the existing legal framework to resolve the issue. Senior NBR members such as AKM Badiul Alam, Ahsan Habib, and Md. Mashiur Rahman were present at the meeting.

The IBCF delegation included senior representatives from several Islamic and commercial banks, including Islami Bank Bangladesh PLC, Shahjalal Islami Bank, Al-Arafah Islami Bank, Standard Bank, and Prime Bank. The discussion aimed to ensure fair excise duty treatment for Islamic banking operations under current regulations.