Monday, October 27, 2014

GUIDELINES FOR ISLAMIC BANKING



GUIDELINES  FOR  ISLAMIC  BANKING

  Section I: Introduction and Definition of terms used in Islamic Banking

"Islamic bank" means such a banking company or an Islamic  bank  branch(es) of a banking company licensed by Bangladesh Bank, which follows the Islamic Shariah in all its principles and modes of operations and avoids receiving and paying of interest at all levels.

Other terms (Shariah, Islamic Banking Business, Branch or Branch Office, Depositor, Investment, Client, Compensation)

 


Section II: License



A.    Criteria for Setting up full-fledged Islamic banks

B.    Terms and Conditions for opening Islamic banking  branches by conventional commercial banks
    1. Eligibility criteria (CAMELS rating 1/2, no major adverse inspection findings)
    2.  Required working papers
    3.  Formation of an Islamic Banking Division
    4.   Control and segregation of Islamic Banking Fund
    5.  Maintenance of Accounts and Financial Statements

C.     Conversion of conventional commercial banks into Islamic banks. (MOA & AOA, Deposit, Asset, Return, Zakat etc. )

 

Section III: Responsibility for Shariah Compliance



It will be the responsibility of the board of directors of the respective banks to ensure that the activities of the banks and their products are Shariah compliant. The Board of the Islamic banks/Conventional commercial banks having Islamic branches, therefore, be constituted with directors having requisite knowledge and expertise in Islamic Jurisprudence.

The Board may form an independent Shariah Supervisory  Committee  with experienced and knowledgeable persons in Islamic Jurisprudence. However, the Board shall be responsible for any lapses/irregularities on the part of the Shariah Supervisory Committee. A fit and proper criteria for selection of members of the Shariah Supervisory  Committee  is enclosed in Appendix-1.  


Section IV:  Principles of Deposit



  • Al-Wadeeah
  • Mudaraba



Section V: Investment Principles & Investment Products



  • Mudaraba;
  • Musharaka;
  • Bai-Murabaha (Murabaha to the purchase orders);
  • Bai-Muajjal;
  • Salam and parallel Salam;
  • Istisna and parallel Istisna;
  • Ijara;
  • Ijarah Muntahia Bittamleek (Hire Purchase);
  • Hire Purchase Musharaka Mutanaqisa (HPMM);
  •  Direct Investment;
  •  Investment Auctioning
  •  Quard
  •  Quard Hassan- fault in practice



Investment System for Import/Export Business

  •  Mudaraba Vs. Musharaka
  •  Bai Mechanism (Murabaha, Muajjal, Salam etc.)
  •  Documentary Credit (L/C); Wakala vs. Bai Mode
  •  Negotiation; FBN/FBP- fault in practice
  •  Service Charge:
  •  At most as per actual expense single time only (bank guarantee); though Riba (interest), it is allowed.
  •  At any amount  based on service quality, requirement etc.



Section VI:  Maintenance of CRR/SLR 

Section VII:  Preparation of Financial Statements

Section VIII: Framework of Rate of Return

  • Weight-age Based Framework of Rate of Return
  • ISR Based Framework of Rate of Return







AB Bank Limited

AB Bank Limited




Bank Name 
AB Bank Limited
Established
31st December 1981
Head Office
AB Bank Limited, BCIC Bhaban, 30-31 Dilkusha C/A, Dhaka 1000
Phone: +880-2-9560312 Fax: +880-2-9555098 Email: info@abbl.com
Present Chairman
M. Wahidul Haque
Managing Director
Shamim Ahmed Chaudhury
Website
Customers Service(24/7)
 Phone: +880-2-9560312
SWIFT
ABBLBDDH
Card Division
30-31 Dilkusha C/A, Dhaka 1000 ,Phone: +88-02-9571416, +88-02-9571486, Cell: +8801199222265, +8801190004650, Mnemonic: CARD Code: 4025,Email: support@abbl.com
ABB Member
Yes/No
Mission
"To be the best performing bank in the country"
Vission
"To be the trendsetter for innovative banking with excellence & perfection"
Deposit product

Investments/Advance
Products
1) Retail Banking, 2) Corporate Banking, 3) SME Banking, 4) Project Finance,5) Loan Syndication,6) NRB Banking, 7) Money Transfer 8) Islami Banking, 8) Investment Banking, 9) Cards
Rural Developments Products
Yes/No
Internet Banking


Yes/No
Mobile Banking
Yes/No
SMS Banking
Yes/No
ATM Banking
Yes/No
SMS Banking
Yes/No
ATM Banking
Yes/No

Thursday, October 9, 2014

Remittance Arrangements of IBBL

Remittance Arrangements of IBBL

Remittance Arrangements

Bahrain

Bahrain Financing Company BSC
8-12 ,Bab Al Bahrain, Building 150, Road 1507, Manama, Kingdom of Bahrain
Phone : + 973 17 228 888
Fax : +973 17 910 072
P.O Box : 243
Email : custservice@bfc.com.bh
Webpage : www.bfc.com.bh

Australia

Fast Remit Exchange House Pty
108, Railway Street, Rockdale, NSW-2216
Phone : +612 95997755,+61433325727
Email : info@fastremit.com.au
Webpage : www.fastremit.com.au


SBX Money Pty Ltd
10/26 Burrows Road , St Peters, NSW-2044
Phone : +612 95174021
Fax : +612 9517 49663
Email : info@sbxmoney.com.au
Webpage : www.sonarbangla.com.au

Bahrain

Bahrain India International Exchange
Bahrain India International Exchange, 139, Bab Al-Bahrain Square, Kingdom of Bahrain
Phone : +973 172 10330, +973 172 10023, +973 172 13775
P.O Box : 3204
Email : sohel@biieco.com


Dalil Exchange
151, Al-Noor Building, Government Road, Manama304, Kingdom of Bahrain
Phone : 973 17225997, 973 17223464
Fax : 973 17213731
P.O Box : 20404
SWIFT : TELEX: 7667 DALIL BN
Email : dalilint@batelco.com.bh / ptsdalil@batelco.com.bh
Webpage : www.dalil.com.bh


National Finance & Exchange Co.WLL
Manama, Kingdom of Bahrain, C.R. No. 45855
Phone : 973 1 7227550, 973 1 7226061
Fax : 973 1 7227570, 973 1 7227057
P.O Box : 360
Email : naji360@batelco.com.bh nafex@batelco.com.bh


Nonoo Exchange Co. (S.P.)
C.R. No.: 30232, Manama, Kingdom of Bahrain
Phone : 973 17230767
Fax : 973 17230929
P.O Box : 11970
SWIFT : TELEX: 7156 NONOO BN
Email : info@nonoo.com; nonoo@batelco.com.bh


Zenj Exchange Co.WLL
Manama, Kingdom of Bahrain
Phone : 973 17224352
Fax : 973 17214405
P.O Box : 236
Email : zenjex@batelco.com.bh
Webpage : www.zenjex.com

Brunei Darussalam

Afima Express Remittance Service
Shop # 2, Ground Floor, DAR Takaful IBB2, Jalan Pemancha, BS8511, Bandar Seri Begawan, Gadong BE3978, Negara Brunei Darussalam.
Phone : 673-2239400, 673-2239401
Fax : 673-2239402
P.O Box : 221
Email : afima_ahasam@yahoo.com; pgma@brunet.bn

Canada

United Exchange
Concord Office Complex, 3000 Danforth Ave,Suite-102,Toronto ON-M4C 1M7, Canada.
Phone : 416 698 2876, 416 690 8252, 416 875 2419, 416 7256
Fax : 416 690 8286
Email : unitedexchange@rogers.com; shawkat@rogers.com

Greece

Money Globe SA
151 Syggrou Avenue, T.K. 171 21 N. Attica , Greece
Phone : 0030 210 9959101-2 Ext.3
Fax : 0030 210 9959105
Email : Stratos_t@accs.gr


Worldlink Payment Foundation SA,
6 Theatrou Street ,105 52 Athens, Greece
Phone : +30-2103 232844-5
Email : info@worldlink.gr

Italy

Banco Popolare Di Verona E Novara
Piazza Nogara, 2-1-37121 Verona, Italy
Phone : 39 045 8675562
Fax : 39 045 867 5412
Email : paolo.rodolfi@bpv.it
Webpage : www.bpv/correspondentbanking


National Exchange Company S.r.l.
Via Ferruccio, 30-00185 Rome, Italy
Phone : +39 06 44341221, +39 0687451990
Fax : +39 0649380567
Email : nec@nationalexchange.it
Webpage : www.necmoneytransfer.com


Uni Credito Italiano SPA
Piazza Nogara, 237121 Verona, Italy
Phone : 39 02 8862 3525
Fax : 39 02 8862 3524
P.O Box : Representa
Email : info@unicreditgroup.eu
Webpage : www.unicredit.it

Jordan

Alawneh Exchange
Amman-11194, Jordan
Phone : 962 6 566 8535
Fax : 962 6 568 3484
P.O Box : 942041
Email : info@alawnehexchange.com

K.S.A

Al-Amoudi Exchange Co.
Gabil Street, Al Balad District Al Hazzazy Building, Office No: 58, Jeddah: 21411, KSA
Phone : Jeddah-966 2 647 4515, Musaedia-966 2 665 1451, Ma
Fax : 966 2 647 7733, 966 2 648 4544
P.O Box : 123
Email : info@almoudiexchange.com frd@alamoudiexchange.com


Al-Rajhi Bank
Riyadh-11411, K.S.A
Phone : 966 1 4601518, 966 1 2116300
Fax : 966 1 4601519, 966 1 2116878
P.O Box : 28
Email : docratc@alrajhibank.com.sa, alabdants@alrajhibank.
Webpage : www.alrajhibank.com.sa


Arab National Bank
Mouraba Street, Riyadh: 11564, K. S. A
Phone : 966 1 402 9000; 966 50 8358547
Fax : 966 1 402 7747
P.O Box : 56921
Email : info@anb.com.sa
Webpage : www.anb.com.sa


Bank Al Bilad
Riyadh-11411, K.S.A
Phone : 966 1 479 8888
Fax : 966 1 479 8898
P.O Box : 140
SWIFT : ALBISARIXXX
Email : aalmadhi@bankalbilad.com.sa; SAldin@bankalbilad.co
Webpage : www.bankalbilad.com.sa


Mohd. H. Yela & Sons Co. For Exchange
Al Balad- Gabel St. Jeddah-21435
Phone : +966 6470676, +966 532945783
Fax : +966 6484802
P.O Box : 19190
Email : info@yallaexch.com; md.a.kalam@gmail.com


National Commercial Bank
King Abdul Aziz Street, Jeddah: 21481, Saudi Arabia
Phone : +966 2 646 4990, 966 2 646 4932
Fax : +966 2 6462103
P.O Box : 3555
SWIFT : NCBKSAJE
Email : h.moussa@alahli.com; m.tolosa@alahli.com

Korea

Korea Exchange Bank
Seoul, Korea
Phone : 822 729 0457
Fax : 822 771 2412
P.O Box : 2924
Email : dhshin@keb.co.kr
Webpage : www.keb.co.kr

Kuwait

Al Mulla International Exchange Co. W.L.L.
Safat : 13002, Kuwait
Phone : 965 2241 1481, 965 2241 0385
Fax : 965 2241 0708
P.O Box : 177
Email : exchange@almullagroup.com
Webpage : www.almullagroup.com


Al Muzaini Exchange Company k.s.c.c
Al Mubarakiya, Saud Bin Abd Al Aziz St., Safat: 13022, Kuwait
Phone : 965 2461135-39, 965 24 2 6551, 965 88 8818
Fax : 965 22902224, 965 224 51800
P.O Box : 2156
Email : gamal@muzaini.com; rao@muzaini.com
Webpage : www.muzaini.com


Bahrain Exchange Company W.L.L
Safat: 13152, Kuwait
Phone : 965 2282 4000; 965 99121073
Fax : 965 22401859
P.O Box : 29149
Email : baexco@bec.com.kw, infocust@bec.com.kw
Webpage : www.bec.com.kw


City Int’l Exchange Co. W.L.L
Abdullah Dashti Building, Al-Murqab, Abdullah Mubarak Street, Safat: 13079, Kuwait
Phone : 965 22 441846, 965 22 448507, 965 2 441845
Fax : 965 22 407371
P.O Box : 21804
Email : citex@qualitynet.net, citexkuwait@yahoo.com


Dollarco Exchange Co. Ltd.
Safat-13123, Kuwait
Phone : 965 22 412767, 965 22 454713
Fax : 965 22 412788, 965 22 420712
P.O Box : 26270
Email : dollarco@dollarco.com.kw


Kuwait Asian Intl. Exchange Co. W.L.L
Fahaheel Area 73, Qaiseria No.1, Shop No. 48-1st Floor, C.R. 104302, Fahaheel Code: 64015, Kuwait
Phone : 965 23 910511, 965 23 910522
Fax : 965 23 910515
P.O Box : 46489
Email : kuaiexmain@gmail.com


Kuwait Bahrain Int’l Exchange Co. K.S.C.
Safat 13130, Kuwait
Phone : 965 22 421971, 965 22 421973
Fax : 965 22 431000, 965 22 421852
P.O Box : 26926
Email : kbiec@qualitynet.net, kbiec@hotmail.com , kbiec@ya


Kuwait Finance House
Safat Square, Abdullah Al Mubarak Street, Safat 13110, Kuwait
Phone : 965 22 445050, 965 22 430337
Fax : 965 22 437515, 965 22 455135
P.O Box : 24989
Email : farshad@kfh.com; alatiqi@kfh.com
Webpage : www.kfh.com


National Money Exchange Co. W.L.L
Safat: 13158, Kuwait
Phone : 965 22 462680/1, 965 22 450275, 965 22 467013
Fax : 965 22 462681, 965 22 462682
P.O Box : 29760
Email : nmekwt@qualitynet.net, nmekwt@kems.net


Oman Exchange Company W.L.L
Safat: 13121, Kuwait
Phone : 965 22 403215, 965 22 425650, 965 22 425651, 965 2
Fax : 965 22 426703
P.O Box : 26057
Email : omanexchangewll@hotmail.com


UAE Exchange Centre W.L.L
Safat: 13122
Phone : 965 2 459415/7/8, 965 7248906
Fax : 965 2 459419
P.O Box : 26155
Email : kuwait.ho@uaeexchange.com.kw; bilu.cheriyan@uaeexc
Webpage : uaeexchagne.com.kw

Malaysia

Al Rajhi Banking & Investment Corporation (Malaysia) Bhd.
Ground Floor, East Block, Wisma Selangor Dredging, 142-B, Jalan Ampang, 50450 Kuala Lumpur.
Phone : 603 2301 7037
Fax : 603 2332 6067
Email : samiah.ithnin@alrajhibank.com.my


Bank Islam Malaysia Berhad
Tingkat 14,Darul Takaful, Jalan Sultan Ismail, Peti Surat11080 50734, Kuala Lumpur, Malaysia
Phone : 603 26935566, 603 2711 2930, 603 2615 1515 1610
Fax : 603 2692 9942, 603 2693 7062, 603 2692 2153
Email : khalidah@bankislam.com.my; idaelura@bankislam.com.


CBL Money Transfer Sdn. Bhd.
Ground Floor,Loke Yew Building No.2,Loboh Pasar Besar, 50050 Kuala Lumpur
Phone : +603 2693 3777, +601 6958 5485
Fax : +603 2693 5333
Email : info@cblmoneytransfer.com
Webpage : www.cblmoneytransfer.com


IME (M) SDN.BHD
Suite 2B-11-2, Block 2B, Level-11, Plaza Sentral Jalan Stesen Sentral 550470 Kuala Lumpur, Malaysia
Phone : 603 2261 4030, 603 2261 4031, 603 2261 4033, 603 2
Fax : 603 2261 4051, 603 22614052
Email : imeimpex@tm.net.my; billytham@imeremit.com; info@i
Webpage : www.imeremit.com


Malayan Banking Berhad (Maybank)
Menara Maybank, 100 Jalan Tuk Perak, 50050 Kuala Lumpur, Malaysia
Phone : 603 2074 7827, 603 2070 8833
Fax : 603 2032 4759
SWIFT : MBBEMYKL
Email : eusuff@maybank.com.my
Webpage : www.maybank2u.com


Merchantrade Asia Sdn. Bhd
Suite 1632, 16th floor, Block A, Damansara Intan, No. 1, Jalan SS20/27, 47400 Petaling Jaya, Selangor Darul Ehsan, Malaysia
Phone : 603 7727 8606, 6013 3330207
Fax : 603 7727 4606
Email : sarves@mtradeasia.com
Webpage : www.mtradeasia.com


NBL Money Transfer Sdn. Bhd.
12 & 14, Jalan Lebuh Pudu, 50050 Kuala Lumpur, Malaysia.
Phone : 601 63 042817
Email : nblmt.my@nblbd.com


Remit Master Sdn. Bhd
No. 21 Lebuh Pudu, 50050 Kuala Lumpur, Malaysia
Phone : 00603 2026 1000, 00603 2026 3000
Fax : 00603 2026 9000
Email : syedkamil@remitmaster.com; skamil@time.net.my

Oman

Al-Jadeed Exchange LLC
Al Amal Clinic Building(7th Floor),Al Khuwair, Postal Code: 112,Ruwi,Sultanate of Oman
Phone : 00968 24489816/24489336/24478449
Fax : 00968 24481226
P.O Box : 3705
Email : info@aljadeedexchange.com
Webpage : www.aljadeedexchange.org


Asia Express Exchange
Ruwi Postal Code: 112, Sultanate of Oman
Phone : 968 2 4781727, 968 2 4781728, 968 99202579
Fax : 968 2 4781729
P.O Box : 881
Email : slankaex@omantel.net.om


Global Money Exchange Company LLC
Postal Code 131,Al Hamariya, Ruwi,Sultanate of Oman
Phone : 00968-24703566/24703564
Fax : 00968 24703565/24790863
P.O Box : 726
Email : globalho@omantel.net.om
Webpage : www.globalmoneyexchange.net


Gulf Overseas Exchange Co. L. L. C
Ruwi 112, Sultanate of Oman
Phone : 968 2 4834182
Fax : 968 2 4830202
P.O Box : 3931
Email : gulfex@omantel.net.om


Hamdan Exchange
Postal Code : 211,Salalah,Sultanate of Oman
Phone : 00968 23211258/23211259
Fax : 00968 23212644/ 23211240
P.O Box : 190
Email : hamdexch@omantel.net.om
Webpage : www.hamdanexchange.com


Modern Exchange Co. L.L.C
17, Al Hashar Building, Ruwi High Street, Ruwi, Sultanate of Oman.
Phone : 968 24832133, 968 96145726, 968 98179422
Fax : 968 24831144
P.O Box : 3401
Email : exchange@omantel.net.om exchange@gto.net.om


Musandam Exchange
Postal Code: 112, Ruwi, Sultanate of Oman
Phone : 968 24831852, 968 99866208, 968 24834954, 968 2483
Fax : 968 24831154
P.O Box : 2155
Email : musandex@omantel.net.om; rajanoliva@gmail.com


Mustafa Sultan Exchange Co. L.L.C
Postal Code: 112, Ruwi (Muscat), Sultanate of Oman
Phone : 968 247 07025, 968 24706519, 96899246214
Fax : 968 24706529
P.O Box : 2131
Email : mx-ruwi@mustafasultan.com; mjexchom@omantel.net.om


Oman & UAE Exchange Centre & Co LLC
OC Centre (1st Floor), Al Hamriyah, Postal Code: 131, Sultanate of Oman.
Phone : 968 24796533
Fax : 968 2 4750908
P.O Box : 1116
Email : omanuaex@omantel.net.om; kavita.mascarenhas@omanua


Oman International Exchange L.L.C
Hay Al Mina, Postal Code: 114, Sultanate of Oman
Phone : 968 2 4832197, 968 2 4830893, 968 99331806; 968 92
Fax : 968 2 4835141
P.O Box : 994
Email : obecmct@omantel.net.om


Oman United Exchange Co.
Muscat, P. C. 100, Sultanate of Oman.
Phone : 968 2 4794305, 968 2 4782048,
Fax : 968 2 4794344
P.O Box : 889
Email : ouecl@omantel.net.om


Purshottam Kanji Exchange Company LLC
Postal Code 100,Muscat, Sultanate Of Oman
Phone : 00968 24787220/24709792
Fax : 00968 24700034
P.O Box : 41
Email : pkexch@omantel.net.om

Qatar

Al Dar For Exchange Works
Doha, Qatar.
Phone : 974 4550455, 974 44 67 4035, 974 666 79272.
Fax : 974 455 0888
P.O Box : 24048
Email : aldar@aldarexchange.com


Al Fardan Exchange Co.
Al Fardan Centre, Grand Hamid Street, Najma, Doha, Qatar. CR No. 3950
Phone : 974 44335107, 974 44408408, 974 44408234
Fax : 974 444 17468, 974 44353242
P.O Box : 339
Email : afx@qatar.net.qa


Al Mirqab Exchange Co WLL
Doha, Qatar
Phone : +974 4423715, +974 4423716, +974 5811294
Fax : +974 4423717
P.O Box : 1643
Email : info@almirqabexc.com.qa


Al Zaman Exchange
Souq Najada, Doha, Qatar.
Phone : 974 44441448, 974 55004477
Fax : 974 44 325110
P.O Box : 23497
Email : aazazaman@rasgas.com.qa; anwar.sadath@alzaman.co.q


Arabian Exchange Company
Hotel Mercure Shopping Complex, mushared Street, Doha, Qatar.
Phone : 974 4438200, 974 4438300
Fax : 974 4419910
P.O Box : 3535
Email : arabianex@qatar.net.qa


City Exchange Co WLL
Doha,Qatar
Phone : +974-4414638 , +974-4435060
Fax : +974-4415752
P.O Box : 16081
Email : cityexchange@gmail.com


Eastern Exchange Est.
Doha, Qatar
Phone : 974 4412655, 974 4323354,974 4439593, 974 5356744
Fax : 974 4431314
P.O Box : 454
Email : ho@easternexchange.com.qa; iabr@easternexchange.co


Gulf Exchange Company
Doha, Qatar.
Phone : 974 4383222, 974 5909174, 974 4502378
Fax : 974 4383258, 974 4501659
P.O Box : 4847
Email : gulfex@qatar.net.qa; gulfexchange@qatar.net.qa


Habib Qatar International Exchange Ltd.
Mushirib Street, Doha, Qatar
Phone : 974 4 424373, 974 55368290, 974 4 4328853
Fax : 974 4434143
P.O Box : 1188
Email : habib@qatar.net.qa; mmg2707@yahoo.com; afsyed@hotm
Webpage : www.habibqatarexchange.com


Qatar Islamic Bank
Doha, Qatar.
Phone : 974 4314179, 974 4249355, 974 5852083
Fax : 974 4412194
P.O Box : 559
Email : hishaar@qib.com.qa


Trust Exchange Co. WLL
Building No: 54, Musherib Street, Doha, Qatar.
Phone : 974 435 2055/56
Fax : 974 435 2057
P.O Box : 24234
Email : trustexc@qatar.net.qa

Singapore

AmeerTech Remittance & Exchange Services Pte Ltd
195-B, Serangoon Road,Broadway Hotel Singapore-218067
Phone : 65 6297 7707
Fax : 65 6291 7707
Email : ameertec@singnet.com.sg
Webpage : www.moneytransfer.com.sg


Mustafa Foreign Exchange Pte. Ltd.
5, Verdun Road, 01-02/03, SPA Building, Singapore 207274
Phone : 0065 64190667, 0065 94881194
Fax : 0065 62955513
Email : mfe@mustafa.com.sg; ameen@mustafa.com.sg; aimama71


NBL Money Transfer Pte Ltd.
10 A Roberts Lane (Off Serangoon Road) Singapore 218289
Phone : 62964440, 62964411
Fax : 63921444
Email : bepL1@singnet.com.sg

United Arab Emirate (UAE)

Abu Dubai Islami Bank
Abu Dubai, U. A. E.
Phone : 971 6343000
Fax : 971 2 6342222
P.O Box : 313
SWIFT : DUIBAEAD
Webpage : www.e-adib.com


Al Ahalia Money Exchange Bureau
Abu Dhabi, U.A.E
Phone : 971 2 6270004
Fax : 971 2 6268858
P.O Box : P. O. Box
Email : aebhamdn@emirates.net.ae
Webpage : www.ahaliaexchange.com


Al Ansari Exchange Est
Head Office, Al Amin Tower, Liwa Street, Abu Dhabi, U.A.E.
Phone : 971 2 6227888
Fax : 971 2 6224421, 971 2 6227204
P.O Box : P.O.Box 32
Email : ansariaa@emirates.net.ae
Webpage : www.alansariuae.com


Al Fardan Exchange
Amin Khoui Building, Liwa Street, Abu Dhabi, U.A.E.
Phone : 971 2 6223222, 971 2 8002070
Fax : 971 2 6223331, 971 2 6221238
P.O Box : 498
Email : afex1@emirates.net.ae; rizwan@alfardanexchange.com


Al Ghurair Exchange
Al Masoud Building, 7th floor 702 Near Clock Tower
Phone : 971 4 222 2955, 971 4 2222955
Fax : 971 4 227 0839
P.O Box : 5530
Email : helmi.yousef@saraf.ae
Webpage : www.alghurairexchange.com


Al Mona Exchange Company L.L.C
Al Soor Street, Deira, Dubai, U.A.E
Phone : 971 4 2260500, 971 4 2261665
Fax : 971 4 2261677
P.O Box : P.O.Box No
Email : exchange@emirates.net.ae


Al Rostamani International Exchange
Dubai, UAE
Phone : 971 4 609 8100, 971 4 609 8106, 971 50 1527756
Fax : 971 4 396 4233
P.O Box : 10072
Email : subramaniamvv@alrostamanigroup.ae
Webpage : www.alrostamanigroup.com


Al-Falah Exchange Co.
Sheikh Zayed the 2nd Street (Electra), Suhail Fairs Al Mozroui Building, Abu Dhabi, U. A. E.
Phone : 971 2 6329888
Fax : 971 2 6346849
P.O Box : 3692
Email : afec@emirates.net.ae


Alfa Exchange
Deira, Dubai, UAE.
Phone : 971 42 340777
Fax : 971 42 340770
P.O Box : 116399
Email : alfaexch@eim.ae


Dhabi Islamic Bank
Al Shola Building, Al Maktoun Street, Dhabi, U.A.E
Phone : 971 4 295 3000
Fax : 971 4 295 4111
P.O Box : 1080
SWIFT : DUIBAEAD
Email : contatus@alislami.ae; service.quality@alislami.ae
Webpage : www.alislami.co.ae


Economic Exchange Centre
116/ 356 Naif Road, Deira Dubai, UAE.
Phone : 971 4 2717575
Fax : 971 4 2723838
P.O Box : 116496
Email : info@economicexchangecentre.com; harishk@economice


Emirates India International Exchange
Deira, Dubai, UAE.
Phone : 971 4 337 4072, 971 50 6744515, 971 4 337 2596
Fax : 971 4 337 4071
P.O Box : 7190
Email : santosh.tandel@emiratesexchange.ae
Webpage : www.emiratesexchange.ae


Gulf Express Exchange
Gargash Centre, Deira, Dubai, U.A.E.
Phone : 971 4 2240240, 971 4 2220087, 971 4 2222673
Fax : 971 4 2212004
P.O Box : 252258
Email : gulfee@emirates.net.ae, gulfee@hotmail.com


Habib Exchange Company L.L.C.
Sheikh Hamdan Street, Opp. Liwa Centre, Abu Dhabi, U.A.E.
Phone : 971 2 6272316, 971 2 6272656
Fax : 971 2 6272318, 971 2 6272184
P.O Box : 2370
Email : hecoad@emirates.net.ae hecoshj@emirates.net.ae
Webpage : www.habibexchange.com


Lari Exchange Establishment
Liwa Street, Abu Dhabi, U.A.E
Phone : 971 2 6223 225
Fax : 971 2 6222 272, 971 2 6223 220
P.O Box : 988
Email : lariuae@emirates.net.ae


Lulu International Exchange LLC.
Level 9, Madinat Zayed Office Tower, New Airport Road, Abu Dhabi, UAE.
Phone : 971 2 654 7013, 971 555589813
Fax : 971 2 6547044
P.O Box : 5379
Email : leah.togle@luluexchange.com
Webpage : www.luluexchange.com


Multinet Trust Exchange
Al-Owais Business Tower, Dubai, UAE.
Phone : 971 4 2261807, 971 4 2350856
Fax : 971 4 2254969
P.O Box : 14780
Email : faraz@multinetuae.com
Webpage : www.multinetuae.com


Orient Exchange Company
Al Souq Al Kabeer St. Dubai, UAE.
Phone : 971 4 2267339, 971 04 3533200, 971 50 5079022
Fax : 971 04 3533209
P.O Box : 25557
Email : sarfraz.gill@orientexchange.biz


UAE Exchange Centre L.L.C
Sh.Hamdan Street, Abu Dhabi, U.A.E
Phone : 971 2 6105531
Fax : 971 2 6340713
P.O Box : P.O. Box:
Email : hq@uaeexchange.com
Webpage : www.uaeexchange.com


Wall Street Exchange Centre LLC
1103 & 1104 Twin Towers Baniyas Road, Dubai, U. A. E.
Phone : 971 4 228 4889, 9714 223 3173
Fax : Fax: 971 4 228 6533
P.O Box : 3014
Email : info@wallstreetcorp.co.ae
Webpage : www.wallstreet-corp.com

United Arab Emirate(UAE)

Al Ghurair International Exchange
Naif Road, Dubai, UAE
Phone : 00971-42231315 ,00971-42271842
Fax : +97142264368
P.O Box : 32082
Webpage : www.algiex.ae


Alneel Exchange
Al Urobah Street Shop No. 1, Al Ghowair,Dubai ,UAE
Phone : 009714-2501118, 0097165533930, 0097165533935
Fax : +97165539388
P.O Box : 39441
Email : info@alneelexchange.com
Webpage : www.alneelexchange.com


Arab Link Money Transfer
Sheikh Omar Bin Zayed Building, 9th street, Next to RAK Bank Tourist Club Area,Abu Dhabi, UAE
Phone : 0097126509900
Fax : +971506133415
P.O Box : 108343
SWIFT : ALNKAEAD
Email : info@arablink.com
Webpage : www.arablink.com


GCC Exchange
Al Sabkha, Deira, Dubai, UAE
Phone : 00971-42243655,00971-501527756
Fax : +97142243656
P.O Box : 41704
Email : gccexch@aim.ae
Webpage : www.gccexchange.com

United Kingdom (UK)

A N Express Limited.
208 A, Whitechapel Road, London E1 1BJ, U.K.
Phone : 0044 207 377 1336, 012 44 2073779865, 0044 791 888
Fax : 012 44 20 7426 0429
Email : iinfo@an-telecom.com info@an-express.com, abdul@a
Webpage : www.an-telecom.com


Bangladesh Money Transfers (UK) Ltd.
166, Cannon Street Road, London, E1 2LH, United Kingdom
Phone : 012 44 207 7028810, 012 44 0189 212158, 012 44 20
Fax : 012 44 207 7028860
Email : bangladesh_money@yahoo.co.uk, iftekhar.bmt@hotmail


BRAC Saajan Exchange Ltd.
147-149 Lozzels Rd,Lozzels, Birmingham, B19 2TP, UK.
Phone : 012 44 121515 4008, 012 44 7984916416, 012 44 0121
Fax : 012 44 121 515 4937
Email : abdus.salam@bracsaajanexchange.com
Webpage : www.bracsaajanexchange.com


Hussain Money Transfer UK Limited
53, Main Road, Westwood Oldham, OL9 6JY, UK
Phone : 0161 620 7722, 44 07595345570
Fax : 620 7733
Email : sahussain@hmtuk.com; hussain.mt@gmail.com
Webpage : www.hussainmoneytransfer.com


Jalalabad Money Transfer & Travels Ltd.
4 Duncan Road, Longsight, Manchester, Lancashire, M 13 0GF, UK
Phone : 0044 (0) 7886018835, 0044 (0) 161 225 0563, 0044 (
Email : jalalabadfinance@yahoo.co.uk


Sonali Money Exchange (UK) Limited
37 New Road (Ground Floor), London E1 1 HE, UK
Phone : 0207 650 7790, 012 44 7782 302 585
Fax : 0207 645 8700
Email : sonalifinance@yahoo.co.uk


Speed Remit Worldwide Limited
197 Ealing Road, Wembley, Middlesex, HA0 4 LU, U.K.
Phone : 012 44 20 8903 8448
Fax : 012 44 20 89033322
Email : binita@speedremit.com; abhishek@speedremit.com


TNS Money Transfer Services Ltd
102, Dunstable Road, Luton Beds, LU1 1 EH, UK.
Phone : 012 44 1582721166, 012 44 79 4039 8530
Fax : 012 44 1582391916
Email : tariq.saad@btconnect.com


Wall Street Forex London Ltd.
309 Hoe Street,Walthamstow, London E 17 9BG, UK.
Phone : 012 44 20 73770979, 012 44 20 72472484, 012 44 7
Fax : 012 44 20 724 76956
Email : kkhan@wallstreetforexuk.com; msnizami@wallstreetfo


Zamzam Exchange International Ltd.
388 Green Street, Unit-4 London E13 9AP, UK
Phone : 012 44 2084701300/5511, 012 44 7956229736
Fax : 012 44 208 470 3334, 012 44 207 790 5941
Email : ukzamzam@yahoo.co.uk / ukzamzam@yahoo.com

United Kingdom(UK)

Aftab Currency Exchange Limited
44 St. Helens Road, Bolton BL3 3NH, UK
Phone : +44 161 4080004,+44 134 022 6027
Email : touseef_anwar@aftabcurrency.com


UAE Exchange UK Limited
14-15 Carlisle Stree,t Soho Square, London W1D 3BS
Phone : +44 2074780701
Fax : +44 2072876193
Email : mohan.shetty@uk.uaeexchange.com

United States of America (USA)

Choice Money Transfer Inc.
Empire State Building Suite 1016-350 fifth Avenuem, New York, NY 10118
Phone : 2122689290, 1 877 268 6458
Fax : 212 268 9245
Email : msaha@choicemoneytransfer.com


MoneyGram Payment Systems Inc.
1550 Utica Avenue South, Minneapolis, MN 55416, USA.
Phone : 91 11 42235316, 91 99 108 00277
Fax : 91 11 42235222
Webpage : www.moneygram.com


Placid NK Corporation
Corporate Office: Placid Express, 35-01 Queens Blvd., LIC, NY 11101
Phone : Tel: 718 392 3500
Fax : Fax: 718 777 1597
Email : placid@placid.net
Webpage : www.placid.net


Prabhu Money Transfer
37-15 73rd St, Jackson Hights, NY 11372
Phone : 646 737 2225, 718 651 6060, 718 651 6001
Fax : 718 651 6080
Email : prabhu@prabhugroupusa.com; kusumlama@gmail.com
Webpage : https://www.prabhugroupusa.com


Trans-Fast Remittance LLC
110 Wall Street, 2nd Floor, New York, NY 10036
Phone : 1 888 578 7267, 1 212 382 2828
Fax : 1 877 391 2183
Email : nasim.ali@gmail.com
Webpage : www.transfast.com


Transmit International Inc.
465 Union Avenue, Paterson, NJ 07522, USA.
Phone : 001347 203 3964, 201 991 4994
Email : transmitint@ao1.com


Wall Street Finance LLC
72-32 Broadway, 1st floor, Jackson Heights, NY 11372, USA
Phone : Tel : 718 505 1400
Fax : Fax : 718 505 0700
P.O Box : Email : pa
Email : patelsforex@ao1.com

United States of America(USA)

US Money Express Co.
5395 N. Milwaukee Avenue, Chicago, IL-60630
Phone : +1 773 774 8787
Fax : +1 773 774 9090
Email : dachman@usmoneyexpress.com


Western Union
100 Summit Avenue,Montvale,New Jersey 07645,USA
P.O Box : +1-201-263