Transfer money to Al-Arafah Islami Bank Ltd. in Bangladesh

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Al-Arafah Islami Bank Ltd. is a distinguished Islamic banking institution in Bangladesh, established in 1995. Operating strictly according to Islamic Shariah principles, the bank offers a range of Shariah-compliant banking services, catering to individuals and businesses preferring Islamic banking solutions. Its products include Mudaraba savings accounts, Murabaha financing, and Islamic investment schemes. Known for its commitment to ethical banking practices, Al-Arafah Islami Bank actively participates in community development and welfare projects, especially in education, health, and poverty alleviation. Combining modern banking technologies with traditional Islamic values, the bank is a preferred choice for customers seeking Shariah-based financial services, with a network ensuring widespread accessibility across Bangladesh.

Pyypl provides a seamless method to transfer money to Bangladesh, directly from your mobile device.

Feature
Description
Shariah Compliance
Operates strictly according to Islamic Shariah principles.
Services Offered
Offers a range of Shariah-compliant banking services, including savings, financing, and investment.
Ethical Practices
Committed to ethical banking practices and socio-economic development.
Accessibility
Ensures widespread accessibility with a network of branches and ATMs.

What is Pyypl?

Established in the UAE in 2017, Pyypl (pronounced "people") is a pioneering FinTech firm committed to advancing financial inclusion through innovative technology. Pyypl's advanced technology offers easy, secure, and cost-effective access to essential financial services via a smartphone. Our flagship offering is a universally accepted prepaid Visa card accessible to everyone that requires no bank account, minimum salary, balance, or post-dated checks, and eliminates the need to visit a bank. Users can obtain their Visa card in just two minutes through our fully digital app, which allows for shopping and payments wherever Visa is accepted.

Users can also send money to over 45 countries through the Pyypl app. Any fees or exchange rates are also completely transparent and displayed up front. At Pyypl, we understand the importance of getting the most out of your money. That's why we offer excellent exchange rates compared to traditional banks. This means more bang for your buck so that your family or business associates receive the full benefit of your funds.

Regulated by the ADGM Financial Services Regulatory Authority, Pyypl is a trusted name in secure financial management. With us, you can be confident that your finances are in safe hands.

How to Send Money to Al-Arafah Islami Bank Ltd. with Pyypl

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1. Download the app

Get the app on the Apple or Play Store and sign up in a few easy steps.

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2. Top up

Easily load your account using a debit card, bank account, or mobile money.

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3. Initiate Transfer

Tap on Send Money, choose International Transfer, and select Bangladesh. Select Bank Account as the mode of transfer.

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4. Specify the Amount

Enter the amount you wish to send in AED.  The app will show you the conversion rate.

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5. Enter Details

Enter the beneficiary’s account details, including full name, bank name, account number, and IBAN

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6. Confirm and Send

Review the details, and with just a click, your money is on its way to the recipient. We’ll notify you once the transaction is complete, it usually takes just a few minutes.

Why Choose Pyypl

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Instant Transfers

No appointments or waiting in line.  

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No hidden fees for the receiver

What you see is what you get. No hidden fees, no surprises.

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24/7 Support

Our dedicated customer support is always on hand to assist you with any queries.

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Excellent exchange rates

Low and transparent exchange rates.

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