With this project, Al-Arafah Islami Bank PLC is working for reduction of poverty, development in agricultural sectors, creation of job opportunities etc.

[11] In May 2016, Abdus Samad, vice-chairman of S. Alam Group, was elected chairman of Al-Arafah Islami Bank PLC.

[12] Mohammed Abdus Salam, managing director of Mir Group, was elected vice chairman of Al-Arafah Islami Bank PLC.

[13] In June 2018, the Anti Corruption Commission sued Badiur Rahman, a director of Al-Arafah Islami Bank PLC and chairman of the bank from 2008 to 2016, for laundering 16.8 million BDT to Singapore to a company he established there called Ariel Maritime (Pvt) Limited.

[14] In August 2021, Salim Rahman, managing director of KDS Group, was elected chairman of Al-Arafah Islami Bank PLC.

[16] Bangladesh Securities and Exchange Commission approved Al-Arafah Islami Bank Limited request to raise five billion BDT through the issuance of bonds in August 2022.