, April 7 -- Bangladesh Bank (BB) Governor has assured Shariah board members of 'full protection' and functional independence, urging them to work without political influence to restore discipline in the country's Islamic banking sector.

"You, the members of the Shariah boards, will work independently; full protection will be provided to you by the Central Bank," the Governor said while presiding over a high-level view-exchange meeting titled "Current Status, Challenges, and Future Way Forward of Islamic Banking" held at the central bank headquarters recently.

This marked the first time a BB Governor sat with top Shariah experts, including members of the newly formed BB Shariah Advisory Board, chairmen of Shariah boards from almost all ...