Abul Khair Group was founded in 1953 as a manufacturer of
beedi, hand-rolled cigarettes. Abul Khair Tobacco Company Limited offered free gifts with their
cigarettes in 2009. This action violated the
Narcotics Control Act, 2005, which prohibits the advertising and promotion of tobacco products. A mobile court fined the Abul Khair Group for violating Bangladesh Standards and Testing Institution rules by not labeling their milk products with a
maximum retail price on 2 February 2010. On 16 February 2012, two vessels owned by Abul Khair Group, MV
Titu-22 and MV
Titu-21, sank off the coast of Kutubdia Lighthouse near the
Port of Chittagong after colliding with MV
RAMSI. They had 26 crew members, of whom seven were lost at sea. In May 2011, the Bangladesh Inland Water Transport Authority started an eviction against the
Shah Cement factory on the banks of
Shitalakkhya in
Munshiganj District. They sought to demolish two jetties, which they alleged were built illegally. Abul Khair Group has an industrial hub in
Sitakunda Upazila in
Chittagong District. They sought permission from the
Board of Investment to secure a loan from a foreign bank to expand their re-rolling plant in
Sitakunda in July 2015. Abul Khair Steel was recognized as a
Superbrand in September 2018. Abul Khair Group-owned Shah Cement had the largest market share in Bangladesh in 2019. In December 2019, Shah Cement Industries set up the largest vertical roller cement mill in the world per
Guinness World Records. The roller was built by the Danish company
FLSmidth. The Department of Environment found Abul Khair Steel and Power Limited, located in Madambibir Hat, Sitakunda Upazila, had violated environmental laws. The plant had received permission to produce 25 megawatts, but it was producing 75 megawatts illegally. The plant was also operating without the air treatment plant, which was inoperable. MV
Borni Prince-2, owned by the Abul Khair Group, sank after hitting a port buoy near the
Karnaphuli River. It was carrying out 1,400 tonnes of scrap metal taken from a vessel anchored offshore. The crew was rescued by another nearby vessel, according to the
Bangladesh Inland Water Transport Authority. The
Bangladesh Coast Guard and
Bangladesh Navy were tasked with salvaging the ship. Abul Khair Group signed an agreement with the
Bangladesh Chess Federation in February 2020 to sponsor the National School Chess Championship. On 21 September 2020, a vessel,
Titu-19, owned by Abul Khair Group, partially capsized near
Bhasan Char. It was carrying cement clinkers, around 1,250 tonnes, from a mothership anchored off Chittagong Port to Moktarpur in Munshiganj District. Mohammad Kamrul Hasan, a sanitary inspector of
Dhaka South City Corporation, filed a case against Chairman Abul Kashem and Chief Executive Officer BR Sharma of Abul Khair Milk Products Limited, accusing them of using deceptive marketing practices in promoting Marks Diabetic Milk. On 11 November 2020, Khadiza Bhuiyan of Dhaka Court found in favor of the defendant, and Hasan said he plans to file an appeal against the verdict. Hasan told the
New Age newspaper, "We are fighting a losing battle." In June 2020, the Abul Khair Group supplied free oxygen to hospitals in Chittagong during the
COVID-19 pandemic in Bangladesh from its steel plant, that also had an industrial oxygen production unit. Hospitals receiving oxygen included Chattogram Field Hospital,
Chittagong General Hospital, and
Bangladesh Institute of Tropical and Infectious Diseases. In 2021,
Dhaka Custom House took legal action against Abul Khair Group, along with 26 other companies, for being involved in importing goods using false declarations to evade
value-added tax (VAT), and recovered BDT 1.2 crore from one of its subsidiaries, Abul Khair Steels (AKS). == Businesses ==