BB governor: Profit sharing not possible due to banks incurring losses in FY25

Bangladesh Bank governor Dr Ahsan H Mansur said that due to major financial losses in some Islamic banks in FY25, it was not possible to pay any profit on deposits as per Shariah principles. However, the principal of the depositors is being fully refunded and the profit that was shown on paper until 2023 is also being paid. He said these while talking to the media at the Bangladesh Bank... Details