Score

1.54 /10
Danger

Shahjalal Islami Bank Securities Ltd

Bangladesh

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

D

Add brokers

Comparison

Expose

Exposure

Time Machine
Website

Score

Regulatory Index0.00

Business Index7.25

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Broker Information

More

Company Name

Shahjalal Islami Bank Securities Ltd

Company Abbreviation

Shahjalal Islami Bank Securities Ltd

Platform registered country and region

Bangladesh

Company website

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

Warning: Low score, please stay away! 2
Previous Detection : 2025-06-30
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

Shahjalal Islami Bank Securities Ltd · Company summary
Shahjalal Islami Bank Securities Ltd Review Summary
Founded2008
Registered Country/RegionBangladesh
RegulationNo Regulation
ServicesShariah Based Margin Investment, IPO Application Service, Trade workstation, Online Trading, Institutional Investment, Foreign Trade, E-Services (Trade Confirmation/Portfolio Valuation/SMS Alert), DP Service, Panel Broker, Research, and Investor Awareness Program
Customer SupportPhone: 88-02-7163253, 7173008, 7111384, 7118425
Fax : 88-02-7161877
Email: info@shahjalalbanksecurities.com.bd
Address: 1/C, DIT Avenue (3rd floor), Dainik Bangla, Motijheel, Dhaka-1000.

Established in Bangladesh in 2008, Shahjalal Islami Bank Securities Ltd is an unregulated financial firm based in Bangladesh. It offers diverse services including Shariah-based margin investment, IPO application assistance, trade workstations, online trading, institutional investment, foreign trade services, e-services, DP services, acting as a panel broker, research, and an investor awareness program.

Shahjalal Islami Bank Securities Ltd's homepage

Pros and Cons

ProsCons
Long operation timeNo regulation
A wide range of financial services
Multiple customer support channels

Is Shahjalal Islami Bank Securities Ltd Legit?

No license

At present, Shahjalal Islami Bank Securities Ltd lacks valid regulation. Its domain appears to be an invalid or unsupported domain. We advise you to consider other regulated brokers.

Invalid domain name

Services

Shahjalal Islami Bank Securities Ltd offers services like Shariah Based Margin Investment, IPO Application Service, Trade workstation, Online Trading, Institutional Investment, Foreign Trade, E-Services (Trade Confirmation/Portfolio Valuation/SMS Alert), DP Service, Panel Broker, Research, and Investor Awareness Program.

Services

Fees

Fee TypeAmount
BO Account Opening Fee500.00 BDT
Yearly BO Maintenance Fee450.00 BDT
Cheque Dishonor Fee1,000.00 BDT
BO Account Closing Fee500.00 BDT
Fees

News

ExposureLack of Regulation and Lower Trust Score Raising Concerns for Shahjalal Islami Bank's Operations

Even though Shahjalal Islami Bank Securities Limited says it offers quality services and follows innovative technologies, it lacks proper regulation, has a questionable license and carries high risk for investors.

WikiFX
2025-05-21 17:36
Lack of Regulation and Lower Trust Score Raising Concerns for Shahjalal Islami Bank's Operations

User Reviews

More

User comment

0

Comments

Write a review

No comment yet

start to write first comment