Bangladesh mulls Shariah option for pension

BANGLADESH: Bangladesh's National Pension Authority has tabled a proposal to introduce a Shariah based pension option under the country's Universal Pension Scheme, as part of broader efforts to enhance the attractiveness and inclusivity of the Progoti package for private sector employees. The proposal was raised at a review meeting chaired by Finance Division Secretary Nazma Mobarek at the Secretariat, which also included representatives of Bangladesh Bank and managing directors of all scheduled banks, the Financial Express reported.