Sammilito Islami Bank Islamic credit cards

Who Sammilito Islami Bank are

A fully Islamic bank — every product it offers is Shariah-compliant.

THE BIGGEST STRUCTURAL EVENT IN BANGLADESHI ISLAMIC BANKING IN THIS DATASET. Sammilito Islami Bank PLC is a new STATE-OWNED Islamic bank formed by merging FIVE of the country's ten full-fledged Islamic banks: First Security Islami Bank, EXIM Bank, Social Islami Bank, Union Bank and Global Islami Bank. Its own site footer states verbatim 'Merged Banks: FSIB, EXIM, SIBL, Union, GIB', and its Products menu is subdivided into exactly those five legacy ranges ('FSIB Products', 'EXIM Products', 'Union Products', 'SIBL Products', 'GIB Products'). Bangladesh Bank scheduled it as a scheduled bank with effect from Monday 1 December 2025 by BRPD Circular Letter No. 28 of that date, under section 37(2)(a) of the Bangladesh Bank Order, 1972. This is a RESOLUTION merger, not a commercial one: the bank's About section carries an 'Under Resolution' menu holding the Gazette of Sammilito Islami Bank PLC, the Bank Resolution Ordinance 2025 and the Regulations for Bank Resolution, 2025, and its mission describes 'a strong and trusted state-owned banking institution'. Its slogan is 'Sammilito Shaktite Samriddha Agami' (A prosperous future through collective strength). CARD IMPACT: SEVEN of the thirty-one Bangladeshi cards in this dataset are now issued by this institution — EXIM's three Islamic Investment Card tiers, Social Islami Bank's two Visa Islamic Credit Cards, and Global Islami Bank's two Visa products. Union Bank (debit and prepaid only) and First Security Islami Bank (card offering unverified) are also inside it. The legacy brands were still live and serving their own branded card pages on 2026-08-17, and Sammilito's site lists 'Islami Credit Card (Hajj Card, Travel Card)' among its own services. Whether the five legacy card ranges will be harmonised is not stated. NOTE THE REGULATOR DATA LAG: Bangladesh Bank's own Islamic Banking and Finance Statistics for May 2026 — six months after the scheduling — still lists all five constituents as separate banks and does not mention Sammilito at all. DATA NOTE: card_count 7 here DOUBLE-COUNTS the same seven cards that are also counted under the legacy bank records for EXIM Bank (3), Social Islami Bank (2) and Global Islami Bank (2), because the cards are still marketed under those legacy brands. Do not sum card_count across BD-banks.json to get a market total — count BD-cards.json instead (31 cards).