The Dhaka Stock Exchange (DSE) has suspended trading of shares of five Islamic banks that are under the process of merger. Today, Thursday (November 6), the DSE suspended trading of shares of First Security Islami Bank, Social Islami Bank (SIBL), Exim Bank, Global Islami Bank and Union Bank. Trading of shares of the banks will remain suspended until further orders.
\nAccording to the DSE, the reason for the suspension of trading is that the banks have been declared ineffective from November 5 as per Section 15 of the Bank Resolution Ordinance, 2025. The DSE also said that the banks have informed that Bangladesh Bank has directed through a letter dated November 5 that the banks will now operate in accordance with the Bank Resolution Ordinance, 2025. Bangladesh Bank has also dissolved the boards of directors of the banks through another letter.
\nMeanwhile, at a press conference on Wednesday, Bangladesh Bank Governor Dr. Ahsan H. Mansur said that the value of equity of the shareholders of the five banks is now below zero. As a result, the share price will be considered zero. No compensation will be paid to anyone.<\/p>\n","protected":false},"excerpt":{"rendered":"
The Dhaka Stock Exchange (DSE) has suspended trading of shares of five Islamic banks that…<\/p>\n","protected":false},"author":1,"featured_media":46404,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[292],"tags":[],"class_list":["post-46403","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy"],"jetpack_publicize_connections":[],"featured_image_urls":{"full":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/11\/Untitled_design_-_2025-11-06T120439.314_1200x630-1.jpg?fit=1200%2C630&ssl=1?v=1762409410",1200,630,false],"thumbnail":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/11\/Untitled_design_-_2025-11-06T120439.314_1200x630-1.jpg?resize=150%2C150&ssl=1?v=1762409410",150,150,true],"medium":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/11\/Untitled_design_-_2025-11-06T120439.314_1200x630-1.jpg?fit=300%2C158&ssl=1?v=1762409410",300,158,true],"medium_large":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/11\/Untitled_design_-_2025-11-06T120439.314_1200x630-1.jpg?fit=640%2C336&ssl=1?v=1762409410",640,336,true],"large":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/11\/Untitled_design_-_2025-11-06T120439.314_1200x630-1.jpg?fit=640%2C336&ssl=1?v=1762409410",640,336,true],"1536x1536":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/11\/Untitled_design_-_2025-11-06T120439.314_1200x630-1.jpg?fit=1200%2C630&ssl=1?v=1762409410",1200,630,true],"2048x2048":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/11\/Untitled_design_-_2025-11-06T120439.314_1200x630-1.jpg?fit=1200%2C630&ssl=1?v=1762409410",1200,630,true],"covernews-slider-full":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/11\/Untitled_design_-_2025-11-06T120439.314_1200x630-1.jpg?resize=1115%2C630&ssl=1?v=1762409410",1115,630,true],"covernews-slider-center":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/11\/Untitled_design_-_2025-11-06T120439.314_1200x630-1.jpg?resize=800%2C500&ssl=1?v=1762409410",800,500,true],"covernews-featured":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/11\/Untitled_design_-_2025-11-06T120439.314_1200x630-1.jpg?fit=1024%2C538&ssl=1?v=1762409410",1024,538,true],"covernews-medium":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/11\/Untitled_design_-_2025-11-06T120439.314_1200x630-1.jpg?resize=540%2C340&ssl=1?v=1762409410",540,340,true],"covernews-medium-square":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/11\/Untitled_design_-_2025-11-06T120439.314_1200x630-1.jpg?resize=400%2C250&ssl=1?v=1762409410",400,250,true]},"author_info":{"display_name":"Biz Trend 24","author_link":"https:\/\/biztrend24.com\/author\/online24"},"category_info":"Economy<\/a>","tag_info":"Economy","comment_count":0,"jetpack_featured_media_url":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/11\/Untitled_design_-_2025-11-06T120439.314_1200x630-1.jpg?fit=1200%2C630&ssl=1?v=1762409410","jetpack-related-posts":[{"id":26577,"url":"https:\/\/biztrend24.com\/?p=26577&lang=en","url_meta":{"origin":46403,"position":0},"title":"Bleeding in the stock market","author":"Biz Trend 24","date":"March 5, 2025","format":false,"excerpt":"The stock market is bleeding. Investors are devastated by the continuous price decline, the liquidity crisis has increased, and new investments are not coming in. The share prices of most companies on the Dhaka Stock Exchange (DSE) have fallen to the bottom, which has had a major impact on the\u2026","rel":"","context":"In "Bangladesh"","block_context":{"text":"Bangladesh","link":"https:\/\/biztrend24.com\/?cat=103&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/03\/Screenshot-2025-03-05-114440.jpg?fit=641%2C355&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/03\/Screenshot-2025-03-05-114440.jpg?fit=641%2C355&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/03\/Screenshot-2025-03-05-114440.jpg?fit=641%2C355&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":26821,"url":"https:\/\/biztrend24.com\/?p=26821&lang=en","url_meta":{"origin":46403,"position":1},"title":"Capitalization fell by Tk 22,000 crore in a week","author":"Biz Trend 24","date":"March 9, 2025","format":false,"excerpt":"The common investor is the scapegoat of the internal crisis of the capital market regulator Bangladesh Securities and Exchange Commission (BSEC). The losses are increasing day by day. Many are selling shares at a loss. In the last seven months, 52,000 investors have emptied their portfolios by selling all the\u2026","rel":"","context":"In "Bangladesh"","block_context":{"text":"Bangladesh","link":"https:\/\/biztrend24.com\/?cat=103&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/03\/Screenshot-2025-03-09-103813.jpg?fit=643%2C354&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/03\/Screenshot-2025-03-09-103813.jpg?fit=643%2C354&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/03\/Screenshot-2025-03-09-103813.jpg?fit=643%2C354&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":26826,"url":"https:\/\/biztrend24.com\/?p=26826&lang=en","url_meta":{"origin":46403,"position":2},"title":"Teachers want resolution of salary complications in EFT","author":"Biz Trend 24","date":"March 9, 2025","format":false,"excerpt":"Teachers of private educational institutions registered with MPOs are facing difficulties in receiving their salaries and allowances due to complications in the process of updating information in the 'Ibus Double Plus Software Electronic Fund Transfer (EFT)' created for government accounts. Due to this, they received their salaries for the month\u2026","rel":"","context":"In "Bangladesh"","block_context":{"text":"Bangladesh","link":"https:\/\/biztrend24.com\/?cat=103&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/03\/Screenshot-2025-03-09-105648.jpg?fit=636%2C360&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/03\/Screenshot-2025-03-09-105648.jpg?fit=636%2C360&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/03\/Screenshot-2025-03-09-105648.jpg?fit=636%2C360&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":57733,"url":"https:\/\/biztrend24.com\/?p=57733&lang=en","url_meta":{"origin":46403,"position":3},"title":"Bank transactions to continue till 2:30 pm during Ramadan","author":"Biz Trend 24","date":"February 19, 2026","format":false,"excerpt":"On the occasion of the holy month of Ramadan, all banks and capital markets in the country will operate according to new timings from today, Thursday (February 19). According to the new timings, transactions in banks can be done from 9:30 am to 2:30 pm. Bangladesh Bank has issued a\u2026","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/biztrend24.com\/?cat=292&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled_design_-_2026-02-19T112640.253_1200x630-1.jpg?fit=1200%2C630&ssl=1%3Fv%3D1771478931&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled_design_-_2026-02-19T112640.253_1200x630-1.jpg?fit=1200%2C630&ssl=1%3Fv%3D1771478931&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled_design_-_2026-02-19T112640.253_1200x630-1.jpg?fit=1200%2C630&ssl=1%3Fv%3D1771478931&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled_design_-_2026-02-19T112640.253_1200x630-1.jpg?fit=1200%2C630&ssl=1%3Fv%3D1771478931&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled_design_-_2026-02-19T112640.253_1200x630-1.jpg?fit=1200%2C630&ssl=1%3Fv%3D1771478931&resize=1050%2C600 3x"},"classes":[]},{"id":65137,"url":"https:\/\/biztrend24.com\/?p=65137&lang=en","url_meta":{"origin":46403,"position":4},"title":"Depositors lock five banks in Chittagong for the second day","author":"Biz Trend 24","date":"May 4, 2026","format":false,"excerpt":"Depositors have locked five banks in Chittagong's Agrabad area for the second day, demanding deposit refunds and full dividends. They have locked Union Bank, Exim Bank, First Security Islami Bank, Global Bank and Social Islami Bank one by one since Monday (May 4) morning. Earlier, the protesters gathered in the\u2026","rel":"","context":"In "Nationwide"","block_context":{"text":"Nationwide","link":"https:\/\/biztrend24.com\/?cat=288&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/05\/Untitled-design-7-1.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/05\/Untitled-design-7-1.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/05\/Untitled-design-7-1.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/05\/Untitled-design-7-1.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/05\/Untitled-design-7-1.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":50078,"url":"https:\/\/biztrend24.com\/?p=50078&lang=en","url_meta":{"origin":46403,"position":5},"title":"7.5 billion taka looted from 9 banks in Chittagong","author":"Biz Trend 24","date":"December 10, 2025","format":false,"excerpt":"Around 7.5 billion taka looted from 9 government and private banks in Chittagong. A fraud ring that has been built up over the years by showing fake institutions, named individuals and invisible business transactions has embezzled this money by sanctioning loans. Big business groups and former Awami League ministers looted\u2026","rel":"","context":"In "Our Chattogram"","block_context":{"text":"Our Chattogram","link":"https:\/\/biztrend24.com\/?cat=117&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/12\/Untitled_design_-_2025-12-10T105149.414_1200x630.jpg?fit=1200%2C630&ssl=1%3Fv%3D1765342430&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/12\/Untitled_design_-_2025-12-10T105149.414_1200x630.jpg?fit=1200%2C630&ssl=1%3Fv%3D1765342430&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/12\/Untitled_design_-_2025-12-10T105149.414_1200x630.jpg?fit=1200%2C630&ssl=1%3Fv%3D1765342430&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/12\/Untitled_design_-_2025-12-10T105149.414_1200x630.jpg?fit=1200%2C630&ssl=1%3Fv%3D1765342430&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/12\/Untitled_design_-_2025-12-10T105149.414_1200x630.jpg?fit=1200%2C630&ssl=1%3Fv%3D1765342430&resize=1050%2C600 3x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts\/46403","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=46403"}],"version-history":[{"count":1,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts\/46403\/revisions"}],"predecessor-version":[{"id":46405,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts\/46403\/revisions\/46405"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/media\/46404"}],"wp:attachment":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=46403"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=46403"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=46403"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}