Jamaat-e-Islami lawmaker Saiful Alam Khan, representing Dhaka-12, expressed concern in the national parliament that businessman S Alam might take advantage of the new provisions introduced by the finance minister under the amended Bank Resolution Act 2026. Speaking on Tuesday during the discussion on the motion of thanks to the President’s address, he highlighted the current situation of Islami Bank, one of the country’s largest private banks.

Saiful Alam cited media reports claiming that Islami Bank saw withdrawals of Tk 705 crore in a single day, with three-day transaction data showing a negative trend. He alleged that large-scale misappropriation had occurred across private Islamic banks, blaming S Alam and his associates for the losses. Referring to the finance minister’s statement about “opening a window” through the new law, he warned that S Alam might exploit this opportunity.

The MP urged the government to take steps to protect Islami Bank, noting that it serves around 12 million customers. He cautioned that a collapse of the bank could have serious repercussions for the national economy.