Aviva Finance Limited (AVFL) is one of the leading Non-Banking Financial Institute of Bangladesh having a strong portfolio and customer base having high preference of Shariah Compliant Services. Originally established as Bahrain Bangladesh Finance and Investment Company Limited on March 4, 1996, it has a rich history of transformation and growth. Over the years, the company has evolved through several strategic changes in ownership, management, and operational philosophy, positioning itself as a leading financial institution in Bangladesh.
In a landmark move on January 28, 2020, Aviva Finance Limited transitioned from a traditional interest-based financial institution to a fully Shariah-compliant business. This shift involved restructuring all deposit and investment products to align with Shariah principles. The company's commitment to ethical and Islamic finance is encapsulated in its slogan, “Together forward with Shariah.” AVFL is on a mission to ensure that within a few years, all its liability and investment products will be fully compliant with Shariah law.
Services :
• Shariah-compliant Financial Products: The Company offers a range of deposit and investment products that are compliant with Shariah rules and regulations, catering to the needs of clients seeking ethical and interest-free financial solutions.
• Aviva Nafiha - Shariah-compliant Financial Services for Women: The Nafiha Program is a specialized deposit and investment initiative launched by Aviva Finance Limited, exclusively designed for women entrepreneurs which aims to empower women in business by providing them with Shariah-compliant financial products and services that cater to their unique needs.
AVFL is committed to providing innovative financial solutions while adhering to the highest standards of Shariah compliance. The company aims to play a pivotal role in the financial sector by fostering ethical business practices and contributing to the economic growth of Bangladesh.
The Company’s philosophy is deeply rooted in the principles of ethical finance, transparency, and customer-centricity. AVFL strives to maintain the trust of its stakeholders by ensuring that all its business operations are in line with Islamic values.
With its strategic focus on Shariah-compliant finance, Aviva Finance Limited is well-positioned to capture the growing demand for Islamic financial products in Bangladesh. The company plans to expand its portfolio of services and continue its journey towards becoming a fully Shariah-compliant financial institution in the near future.
