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Shahjalal Islami Bank Securities logo

Shahjalal Islami Bank Securities

Regulated
Bangladesh
,
Since 2008
Last Updated:
46/100
Overall Score

Trading Conditions

Min Deposit:
N/A
Max Leverage:
1
Account Types
JointJointInstitutional+13 more

User Reviews

Total Reviews
This Month
Avg Rating

Funding Methods

8 methods

Bank Transfer (BEFTN, RTGS, NPSB)

bank transfer
hours
Fee:
Free
Fee:
Free

Debit Cards (Visa, NPSB, Q-Cash)

debit card
Instant
Fee:
Free
Fee:
Free

Online Banking Transfers

bank transfer
Instant
Fee:
Free
Fee:
Free

Mobile Financial Services (bKash, Nagad)

e wallet
Instant
Fee:
BDT 50
Fee:
BDT 50

Cheque Deposits

other
3 days
Fee:
Free
Fee:
Free

Cash Deposits at Branches

bank transfer
Instant
Fee:
Free
Fee:
Free

Mobile Banking Transfers

bank transfer
Instant
Fee:
Free
Fee:
Free

International Wire Transfers

wire transfer
3 days
Fee:
Free
Fee:
Free

Performance Metrics

Excellent Performance
Performance chart: 1: Regulation 34%, 2: License 63%, 3: Software 0%, 4: Spread 0%, 5: Account Type 41%, 6: Symbol 0%
Regulation
34%Poor
License
63%Fair
Software
0%Poor
Spread
0%Poor
Account Type
41%Poor
Symbol
0%Poor

Company Information

Full Name:Shahjalal Islami Bank Securities Ltd
Founded:2008
Headquarters:Bangladesh
Enterprise Offices:1offices

Customer Support

Phone:
+880 2-47110035
Live Chat:
business_hours
Response Time:
Languages:
English
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Broker Summary

Summary of the broker

Introduction and Overview

Shahjalal Islami Bank Securities Ltd is a prominent player in the financial services industry, with brokerage services suited for various clients operating within the marketplace. As a broker with the primary objective of meeting the demands of the investors and the capital market, this organization seeks to close the gap between the two.

Although little public information is available about Shahjalal Islami Bank Securities Ltd, the involvement of the company with the finance sector appears to reflect the company’s aim of providing a secure trading environment. This article will present a comprehensive overview of the background details related to Shahjalal Islami Bank Securities Ltd.

Background and History

Shahjalal Islami Bank Securities Ltd is operating in the financial service industry, with principal business activities related to brokerage and trading of securities. Although historical facts and details related to the establishment of such companies are unknown, their name tends to establish a link with the group named Shahjalal Islami Bank, established in the banking industry itself.

Such affiliation may give a solid grounding in financial knowledge for Shahjalal Islami Bank Securities Ltd, so they could deal with their clients in the mix of the knowledge of banking and securities dealings. But because of the scarcity of information, the complete history is yet unaccessible.

Main Features & Offerings

Shahjalal Islami Bank Securities Ltd functions as a trading broker, and these services are expected to include, though are not restricted to, market access to the stock market, securities transactions, as well as investment advice. Even though the exact nature of their offerings, such as accounts and trade platforms, is unknown, it is expected that all these fall under the position of being a trading broker.

With the name of the firm and the industry in consideration, it can be assumed that the services of Shahjalal Islami Bank Securities Ltd include the ability to trade according to the Islamic rules, since this aspect is a very important point for investors in the region.

Regulatory Compliance and Licensing

Having regulation is one of the most important factors in a broker’s authenticity and viability. However, there is very little information available in relation to the regulation licenses of Shahjalal Islami Bank Securities Ltd. This is quite unfortunate because this information would have been able to help in verifying the regulation agencies for this broker or the validity of its regulation licenses.

In this regard, it is recommended that potential investors verify Shahjalal Islami Bank Securities Ltd directly for regulatory compliance to safeguard their investments against the risks of non-compliance with financial laws and standards.

Regulator

License Number

Status

Few details available

No data exists

Little information available

Trading Conditions

Information regarding the trading terms available at Shahjalal Islami Bank Securities Ltd, like the trading spread, leverage, and minimum required deposits, is not available. Likewise, information with respect to the trading platform available with the broker, including whether the broker utilizes its own software or MetaTrader, is also inaccessible.

Generally, brokers operating within this industry try to offer friendly platforms with live market information, analysis facilities, and secured transaction systems. In the absence of detailed information, it is not possible to mention the specifics on the trading and technology facilities provided by Shahjalal Islami Bank Securities Ltd.

Trading Condition

Details

Spreads

Limited information available

Leverage

Few Details Reported

Minimum Deposit

No data available

Trading Platforms

The

Data not available

Educational Fees

Knowing the cost structure is essential on the part of the traders in order to determine the cost effectiveness of a brokerage service. Unfortunately, the details of cost structure including deposit charges, withdrawal charges, or brokerage charges of Shahjalal Islami Bank Securities Ltd. are not available.

Generally, stock brokerage companies impose their charges depending on certain transaction volumes, account types, and levels of services. Clients willing to join such firms should contact Shahjalal Islami Bank Securities Ltd for valid and latest information on charges and commissions charged by such companies.

Fee Type

Details

Deposit Fees

No Data Available

Withdrawal Fees

Limited information available

Commission

No data available

User Experience and Market Reputation

Client experience and reputation can easily determine the dependability and nature of services of the broker. With the very little information available in the public domain regarding client experience, it's rather difficult to judge the reputation of Shahjalal Islami Bank Securities Ltd in the market.

Conclusion

Shahjalal Islami Bank Securities Ltd symbolizes the existence of a brokerage house in the financial sector. Though the operations and charges are not clearly known, the relation with the group organization, Shahjalal Islami Bank, gives the impression that the organization is founded on expertise in finance. Those interested in this service of Shahjalal Islami Bank Securities Ltd must contact the broker directly in order to gather accurate information about this concern. It should be noted that, for each brokerage firm or services provider, pre-implementation analysis and consideration must be taken into account.

Regulatory Licenses

Compliance & oversight

1 license
Bangladesh
SECTier 1
Bangladesh#Reg.-3.2/CSE-134/2011/267 and Reg.-3.2/CSE-134/2011/268
License Details
Type:Financial Service
License #:Reg.-3.2/CSE-134/2011/267 and Reg.-3.2/CSE-134/2011/268
Status:Regulated
Validity
Effective:N/A
Expires:N/A
1
Tier 1
1
Countries
0
Offshore

Account Types

Trading account options

16 types
Joint
Corporate
Leverage 1:1 • Commission Not specified
Leverage1:1
CommissionNot specified
Joint
Corporate
Leverage 1:1 • Commission Not specified
Leverage1:1
CommissionNot specified
Institutional
Corporate
Leverage 1:1 • Commission Not specified
Leverage1:1
CommissionNot specified
Professional
VIP
Leverage 1:1 • Commission Not specified
Leverage1:1
CommissionNot specified
Regular
Standard
Leverage 1:1 • Commission Not specified
Leverage1:1
CommissionNot specified
Institutional
Corporate
Leverage 1:1 • Commission Not specified
Leverage1:1
CommissionNot specified
Joint
Corporate
Leverage 1:1 • Commission Not specified
Leverage1:1
CommissionNot specified
Joint
Corporate
Leverage 1:1 • Commission Not specified
Leverage1:1
CommissionNot specified
Joint
Corporate
Leverage 1:1 • Commission Not specified
Leverage1:1
CommissionNot specified
Joint
Corporate
Leverage 1:1 • Commission Not specified
Leverage1:1
CommissionNot specified
VIP
VIP
Leverage 1:1 • Commission Not specified
Leverage1:1
CommissionNot specified
Joint
Corporate
Leverage 1:1 • Commission Not specified
Leverage1:1
CommissionNot specified
Standard
Standard
Leverage 1:1 • Commission Not specified
Leverage1:1
CommissionNot specified
Cash (invest)
Invest
Leverage 1:1 • Commission Not specified
Leverage1:1
CommissionNot specified
Joint
Corporate
Leverage 1:1 • Commission Not specified
Leverage1:1
CommissionNot specified
Joint
Corporate
Leverage 1:1 • Commission Not specified
Leverage1:1
CommissionNot specified
16
Total Types
4
Categories
ECN Available

Funding Methods

Deposit & withdrawal options

10 methods
Bank Transfer (BEFTN, RTGS, NPSB)
Bank Transferhours
Deposit
Fee:Free
Min:BDT 500
Max:BDT 500,000
Withdrawal
Fee:Free
Min:BDT 500
Max:BDT 500,000
RTGS transactions incur BDT 100 fee per transaction. Available for clients with accounts at SJIBL and other participating banks in Bangladesh.
Debit Cards (Visa, NPSB, Q-Cash)
Debit CardInstant
Deposit
Fee:Free
Min:BDT 500
Max:BDT 500,000
Withdrawal
Fee:Free
Min:BDT 500
Max:BDT 100,000
Withdrawal fees vary by network; fees apply for ATM withdrawals outside SJIBL network. Accepted at ATMs and merchants within Bangladesh and internationally depending on network.
Online Banking Transfers
Bank TransferInstant
Deposit
Fee:Free
Min:BDT 500
Max:BDT 500,000
Withdrawal
Fee:Free
Min:BDT 500
Max:BDT 500,000
Transaction limits apply per transaction and per day. Available to clients with internet access and SJIBL account.
Mobile Financial Services (bKash, Nagad)
E-WalletInstant
Deposit
Fee:BDT 50
Min:BDT 50
Max:BDT 50,000
Withdrawal
Fee:BDT 50
Min:BDT 50
Max:BDT 50,000
Transaction limits apply per transaction and per day. Available to clients with bKash or Nagad accounts.
8
Free Deposit
10
Instant
0
Crypto

Live Spreads & Trading Costs

Compare real-time spreads on major currency pairs

Spreads are the core trading cost with Shahjalal Islami Bank Securities: the difference between the bid and ask price you pay on every trade. Tight, stable spreads on major pairs like EUR/USD, GBP/USD and USD/JPY mean lower costs for scalpers, day traders and long-term investors alike.

  • Live spread table for six major currency pairs, refreshed every few seconds
  • Excellent / competitive / high ratings so you can benchmark Shahjalal Islami Bank Securities at a glance
  • Bid, ask and pip-change data to estimate your real cost per trade
View live spreads for Shahjalal Islami Bank Securities

Spread data is indicative and for comparison purposes only

Global Domains

Worldwide web presence

0 sites

No Website Information

Website domains not available for this broker yet.

Social Presence

Digital community engagement

0 platform

No Social Media Presence

This broker doesn't have active social media accounts

Corporate Network

Enterprise structure & relationships

1 entities

SHAHJALAL ISLAMI BANK SECURITIES LTD.

Bangladesh
active

Registration

C-86917

Established

2019-03-03

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