Islamic Finance and Investment Limited announced that referring to their earlier news regarding issuance of Non-Convertible Fully Redeemable Subordinated Bond, the Company has further informed that BSEC has given its consent for issuance of 7 years lFlL Mudaraba Non Convertible Fully Redeemable Subordinated Bond of BDT 3,000 million only through private placement for raising fund subject to approval of Bangladesh Bank.