Prime Bank Investment (PBIL), Bangladesh’s leading investment bank, has entered into a strategic alliance with Amanie Advisors, a leader in Shariah advisory, to accelerate the development of Bangladesh’s Shariah-compliant investment landscape. This is a pioneering cross-border B2B partnership that aim to catalyze Islamic investments in Bangladesh. The MoU was signed on 13 August 2025 at Shangri-La, Kuala Lumpur, by Mr. Syed M Omar Tayub, MD & CEO of PBIL, and Ms. Suhaida Mahpot, CEO of Amanie Advisors, Malaysia. Mr. Syed M Omar Tayub represented PBIL as part of the Bangladesh-Malaysia Chamber of Commerce and Industry (BMCCI) delegation. The delegation was part of the entourage accompanying the Honorable Chief Adviser of Bangladesh, Professor Muhammad Yunus, during his recent state visit to Malaysia.

The signing ceremony was graced by Mr. Chowdhury Ashik Mahmud Bin Harun, Executive Chairman of BIDA and BEZA; H.E. Mohd Shuhada Othman, High Commissioner of Malaysia to Bangladesh; and Mr. Shabbir A. Khan, President of BMCCI.

The collaboration will focus on Sukuk structuring and advisory, as well as the development of innovative Shariah-compliant financial products. It will also advance research, policy advocacy, and specialized training to strengthen market expertise. This cross-border alliance with Malaysia’s mature Islamic finance ecosystem will facilitate knowledge exchange, open new deal pipelines, and connect Bangladesh to a broader investor base.

Mr. Syed M Omar Tayub, MD & CEO of PBIL, emphasized the transformative potential of this partnership, stating that it represents a significant milestone in the Islamic investment journey. He highlighted the shared goal of creating ethical, innovative, and investor-friendly Shariah-compliant solutions that align with Bangladesh’s economic priorities. Ms. Suhaida Mahpot, CEO of Amanie Advisors, Malaysia, noted that through Amanie Advisors, the firm is proud to bring Malaysian expertise to Bangladesh, leveraging more than 20 years of global experience across multiple jurisdictions.

Bangladesh has significant untapped potential for Shariah-compliant investments, particularly Sukuk. Malaysia, as a global leader in Sukuk issuance, is well positioned to help transform this potential into real economic impact.

PBIL sincerely extends its heartfelt thanks to the Bangladesh Investment Development Authority (BIDA), The High Commission of Malaysia to Bangladesh, Bangladesh-Malaysia Chamber of Commerce and Industry (BMCCI), and Amanie Advisors for their confidence and collaboration.