The Company has informed that the Board of Directors has decided to issue of Floating rate Unsecured, Contingent Convertible on pre-specified trigger point, Coupon/profit Discretion, Subordinated, Non-Cumulative, IBBL 2nd Perpetual Mudaraba Bond BDT 8000.00 million, for inclusion in Tier 1 capital as regulatory Additional Tier 1 (AT1) Capital under Basel-III norms, through private placement subject to approval of the Regulatory Authorities as well as the approval of the Shareholders of the Company.