...1.1 Origin of the Report: This Internship Report has been prepared under the Internship program, an indispensable part of the Bachelor of Business Administration (BBA) program. For the internship purpose, I chose Islami Bank Bangladesh Ltd. (IBBL), Mirpur-10 Branch and prepare this report on the investment related activities of the organization. 1.2 Objective of the Study The primary objective of this report is to observe the investment related activities for the Investment Department of Islami Bank Bangladesh Ltd., Mirpur-10 Branch. The other objectives include: • To understand the different modes of investment of IBBL, Mirpur-10 Branch. • To familiarize with the various investment schemes offered by Mirpur-10 Branch. • To get the practical exposure of the banking activities. • To adapt with the corporate environment. 1.3 Scope of the Study In this report I have focused on all the qualitative which include profiles of IBBL, investment modes like Bai mode, Profit & loss sharing, bearing mode, Rent sharing mode, different schemes of investment such as household durable schemes, housing investment scheme, transport investment scheme, car investment scheme, investment scheme for doctors small business investment scheme, rural development scheme, etc. and lastly financial performances have been depicted. 1.4 Methodology of the Study The data required for this study were collected from both primary and secondary sources; however, majority of the information...
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... 1.1 Origin Of The Study Bachelor of Business Administration (BBA) is a specialized course on Business Administration. International Business Administration and Information System University (IBAISU) provide this specialized program to contribute efficient professionals in the business sector. IBAISU had designed this program with an excellent combination of practical and theoretical aspect. The whole program is divided in to twelve (12th) semesters. Out of the twelve semesters last semester (12th semester) is assigned for practical orientation. As a student of BBA with the requirement of my program I completed my internship program with the Islami Bank Bangladesh Ltd. (IBBL). I have tried my best to use this opportunity to enrich my knowledge on banking system. I have taken this opportunity to apply my knowledge, which I have learnt from my theoretical classes. I have tried my level best to present my experience of the practical orientation in this report. This report is also a requirement of my BBA program. 1.2 Objective of the Study Broad Objectives 1. The objective of the study is to gather practical knowledge regarding banking systems and operations, especially for loan and advances. 2. To gather the knowledge and idea about the business arena where there are so many scope for using loan and advances from the point of view of practical orientation and the legal procedures and accounting...
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...the holy Qur‟an and the Sunnah. Naturally, it remains deep in their hearts to fashion and design their economic lives in accordance with the precepts of Islam. The establishment of Islami Bank Bangladesh Limited on March 13, 1983, is the true reflection of this inner urge of its people, which started functioning with erect from March 30, 1983. Now, a question may arise- „what is Islami Banking?‟ According to OIC- “Islamic bank is a financial institution whose status, rules and procedures expressly state its commitment to the principle of Islamic Shariah and to the banning of the receipt and payment of interest on any of its operations.” This bank is the first of its kind in South-East Asia. It is committed to conduct all banking and investment activities on the basis of interest fee profit-loss sharing system. In doing so, it has unveiled a new horizon and ushered in a new silver lining of hope towards materializing a long cherished dream of the people of Bangladesh for doing their banking transactions in line with what is prescribed by Islam. With the active co-operation and participation of Islamic development bank (IDB) and some other Islamic banks, financial institutions, government bodies and eminent personalities of the Middle East and the gulf countries, Islami Bank Bangladesh Limited has by now earned the unique...
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...Different Modes of Investment of Islami Bank Bangladesh Limited [pic] Islami Bank Bangladesh Limited Date of submission: 19th May, 2011 Different Modes of Investment of Islami Bank Bangladesh Limited Kawran Bazar Branch and Its Performance Prepared By www.AssignmentPoint.com Student Declaration I hereby declare that report entitled Different Modes of Investment of Islami Bank Bangladesh Limited Kawran Bazar Branch and Its Investment Submitted in partial fulfillment of the requirement for the degree of Bachelors of Business Administration (BBA) Is my original work and not submitted for the award of any other Degree, Diploma Fellowship or other similar title or prizes ________________________________ www.AssignmentPoint.com Certification This is to certify that the internship Report titled Different Modes of Investment of Islami Bank Bangladesh Limited Kawran Bazar Branch and Its Investment Submitted in partial fulfillment of the requirement for the degree of Bachelor of Business Administration (BBA) is approved and accepted in form and quality. ________________ ____________________ Supervisor ...
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...Investment and Foreign Exchange operation of Islami Bank Bangladesh Limited (IBBL) Table of Contents: LIST OF ILUSTRATION 5 Executive Summary 6 ACKNOWLEDGEMENT 7 CHAPTER ONE: INTRODUCTION: 8 1.1 PURPOSE 8 1.2 SCOPE: 8 1.3 BACKGROUND 9 1.4 METHODS OF DATA COLLECTION 10 1.5 LIMITATION OF THE STUDY: 11 CHAPTER TWO: PROFILE OF IBBL 12 2.1 INTRODUCTION: 12 2.2 DEFINITION OF ISLSMIIC BANK: 12 2.3 Historical Background of IBBL: 12 CHAPTERFOUR: FOREIGN EXCHANGE OPERATION 49 OF IBBL 49 4.2 FOREIGN EXCHANGE: 49 4.3 Functions of Foreign Exchange Department: 50 Exports: 50 LIST OF ILUSTRATION Executive Summary Islamic banking is relatively a new concept in the world. Before the inception of Islamic banking phenomenon, banks were institutes to be avoided by the millions of Muslims. Keeping aloof themselves from banking, Muslims began to loss their market in the world economy. As the competition the business world became more and more severe, businesspersons had no alternative banking premises and many of them were getting involved in the traditional banking. However, the traditional banking is based on interest, which is fully prohibited in Islam. To overcome this problem, Muslim scholars, philosophers, economists etc....
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...Investment and Foreign Exchange operation of Islami Bank Bangladesh Limited (IBBL) Table of Contents: LIST OF ILUSTRATION 5 Executive Summary 6 ACKNOWLEDGEMENT 7 CHAPTER ONE: INTRODUCTION: 8 1.1 PURPOSE 8 1.2 SCOPE: 8 1.3 BACKGROUND 9 1.4 METHODS OF DATA COLLECTION 10 1.5 LIMITATION OF THE STUDY: 11 CHAPTER TWO: PROFILE OF IBBL 12 2.1 INTRODUCTION: 12 2.2 DEFINITION OF ISLSMIIC BANK: 12 2.3 Historical Background of IBBL: 12 CHAPTERFOUR: FOREIGN EXCHANGE OPERATION 49 OF IBBL 49 4.2 FOREIGN EXCHANGE: 49 4.3 Functions of Foreign Exchange Department: 50 Exports: 50 LIST OF ILUSTRATION Executive Summary Islamic banking is relatively a new concept in the world. Before the inception of Islamic banking phenomenon, banks were institutes to be avoided by the millions of Muslims. Keeping aloof themselves from banking, Muslims began to loss their market in the world economy. As the competition the business world became more and more severe, businesspersons had no alternative banking premises and many of them were getting involved in the traditional banking. However, the traditional banking is based on interest, which is fully prohibited in Islam. To overcome this problem, Muslim scholars, philosophers, economists etc....
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...practical knowledge to manage the ever-changing business activity. Besides the theoretical knowledge, practical experience is provided to business graduates & internship is the well practiced mechanism in this regard. The internship program is an integral part of the BBA program. As a student‟s of BBA program of different universities, everyone has to submit a report after completion of internship program. We were assigned to Islami Bank Bangladesh Limited to complete the program. As a student of BBA, internship is an academic requirement. For doing internship we were sent to the Islamic Bank Bangladesh, New Market Branch, Dhaka under the supervision of Mohammad Ali Biswash, SPO, Islami Bank Bangladesh Limited, New market Branch, Dhaka. The completion of our general class for internship program in Islamic Bank Training and Research Academy (IBTRA), the IBTRA authority gave us the selecting topics‟ for preparing the internship report. Our supervisor Mohammad Ali Biswash, SPO, Islami Bank Bangladesh Limited, New market Branch, Dhaka, also support us to prepare a report on Islamic Bank Bangladesh Limited with special focus on “Different modes of investment of Islamic Bank Bangladesh and loans & Advances of conventional Bank”. That is why we have made this report with this topic. 2 1.2 Objectives of report The specific objectives aimed for this report are: To fulfill the partial requirement of BBA program under the guidance of supervisor. To...
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...A STUDY ON INVESTMENT MANAGEMENT ACTIVITIES OF ISLAMI BANK BANGLADESH LIMITED PREFACE Bank is a part and parcel of the modern economy of any country. Like any other countries in the world banks play the most crucial role not in the economic but also the social, political environment in Bangladesh. Even it is wise to say that the financial sector of Bangladesh is solely dominated by the banking sector, because the non bank financial sector of Bangladesh is yet to develop to desired level, although it is growing very rapidly. The invention of banking based on Islamic shariah is a relatively new concept in the global banking arena. Now a day the Islamic Shariah based banks are not operating only in the Muslim countries but also in non Muslim countries with the same level of faith and efficiencies parallel to the conventional interest based banks. Even in some cases some of the Islamic Shariah based banks has exceeded their competing traditional banks in terms of service quality and some other key financial indicators. In Bangladesh Muslim constitutes more than 80% of her total population. These people possess strong faith on Allah and they want to lead their lives as per the instructions given in the holy Quran and Sunnah; the way shown by the prophet Hazrat Muhammad (Sm). But no Islamic banking system was developed here up to 1983. The Traditional banking sector was fully based on interest. This is why most of our religious...
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...of my internship period. Islami Bank Bangladesh Limited pursues decentralized management policies and gives adequate work freedom to the employees. This result in less pressure for the workers and acts as a motivational tool for them, also gives them encouragement and inspiration to move up the ladder of success. Overall, I have experienced a very friendly and supporting environment at Islami Bank Bangladesh Limited, which gave me the pleasure and satisfaction to be a part of them for a while. While working in different departments of this branch I found each and every employee is friendly to me to cooperate. They have discussed in details about their respective tasks. I also participated with their works. So I learnt the Banking operations of three departments of IBBL: (1) General Banking (2) Investment & (3) Foreign Exchange etc. While making this report I tried to discuss the activities of the Bank regarding their different Investment-modes now performing and the activities I focused on their nature. 1.1 Origin of the Report: The report named “Diversified portfolio & Performance analysis” of Islami Bank Bangladesh Limited was offered by Islami Bank Bangladesh Limited on January 25, 2007 as a requirement for the completion of the Internship program as a student BBA program of Bangladesh University of Business & Technology (BUBT). The primary goal of the...
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...Organization profile(IBBL) • Job description Organization profile Of Islami bank Bangladesh limited (IBBL) After reading this chapter reader will be able to know about; • Corporate profile of IBBL • Mission and Vision of IBBL • Objectives of IBBL • Features of IBBL • Functions of IBBL • Management structure of IBBL • Basic Facts • Major differences between Conventional Bank & IBBL Corporate profile of IBBL: Islami Bank Bangladesh Ltd. (IBBL) was incorporated on March 13, 1983 under the companies Act, 1913 as the first interest free Shariah based commercial bank in South East Asia. IBBL started functioning on March 30, 1983 and formally inaugurated on August 12, 1983. The bank was promoted by 23 local sponsors including the Government of Bangladesh and 4 local institutions and 13 foreign sponsors including Islamic Development Bank (IDB). The foreign investors hold 57.37% of total shares while the local investors hold the rest 42.63%. There is a Shariah council, which is entrusted with the responsibility for ensuring that the activities of the bank are being conducted on the precepts of Islam. IBBL is one of the leading first generation private sector banks in Bangladesh, which provides all kinds of commercial banking services to the customer. The bank went for IPO in November, 1985. The IBBL got enlisted with Dhaka Stock Exchange Ltd (DSE) in 1985 and Chittagong Stock Exchange Ltd. (CSE) in 1996. IBBL has been declared as...
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...Aklima Khatun ( ). Dept. of Accounting & Information Systems. Islamic University, Kushtia MODE OF INVESTMENT OF ISLAMI BANK BANGLADESH LIMITED. This Report is Submitted to the Department of Accounting & Information Systems, Islamic University, Kushtia in partial fulfillment of the requirement for the degree of Bachelor of Business Administration (B.B.A) in Accounting & Information Systems. Supervised By: Submitted By: Mr. Md. Ruhul Amin Assistant Professor Dept. of Accounting & Information Systems Islamic University, Kushtia Aklima Khatun B.B.A (Hon’s) Roll No: 0704058 Session: 2007-2008 Dept. of Accounting & Information Systems Islamic University, Kushtia To Dedicated My Respectable Parents, & Honorable Supervisor Declaration I hereby declare that the internship report entitled “Mode of Investment of Islami Bank Bangladesh Limited.” is my original research work and pursued under the special supervision of Mr. Md. Ruhul Amin, Assistant Professor, Department of Accounting & Information Systems, Islamic University, Kushtia. I further affirm that work reported in this term paper is original and no part or whole of the term paper has been submitted to, in any form, any other university or institution for any degree or any other purpose. ………………………………………… Aklima Khatun Roll No: 0704058 Session: 2007-2008 Dept. of Accounting & Information Systems Islamic University. Kushtia Letter of Submission Date: 20th November...
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...Shariah is to promote the welfare of the people that lies in safeguarding their faith, their life, their posterity and their wealth. In this regard to establish a banking world that run according to Shariah, the concept of Islamic Banking Arise. Its establishment in Bangladesh on 13th March 1983, named Islami Bank Bangladesh Limited (IBBL). The definition of Islamic Bank, as approved by the General Secretariat of the OIC- “An Islamic Bank is a Financial Institution whose statutes, rules and procedures expressly state its commitment to the principles of Islamic Shariah and to the banning of the receipt and payment of interest on any of its operation.” This paper is an attempt to evaluate the Different Modes Investment of Islamic Bank Bangladesh Ltd. (IBBL) in terms of productivity and effectiveness. [pic] There are mainly two objectives behind the preparation of this report such as primary objectives and secondary objectives. These are discussed as under: The initial Objective: The initial objective of preparing this report is to fulfill the partial requirements of the BBA program and to represent the ‘General Banking System’, ‘Investment mechanism’, and ‘Foreign Exchange Functions’ of Islami Bank Bangladesh Limited. Final Objective: The final objectives of this report are as below: 1. Co-ordination between theory and practice and making a bridge between theoretical and practical knowledge in fulfillment of the internship program. 2. To know about the interest...
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...By Md. Wasiul Islam Exam ID: 100214 BBA Program, Session: 2009-10 Dept. of Finance & Banking Jahangirnagar University Savar, Dhaka – 1342 October 10, 2013 October 10, 2013 The Chairman Exam Committee Fourth Year Exam Committee 2013 Department of Finance & Banking Jahangirnagar University Savar, Dhaka-1342 Through: Mr. MD. Tarikul Islam, Thesis Supervisor Subject: Submission of the internship report/bachelor thesis Dear Sir: It is my pleasure to submit the Internship Report on “Analysis on Foreign Exchange Operation of Islamic Bank Bangladesh Ltd.” as approved by my internal supervisor, Mr. Md. Tarikul Islam and my external supervisor, Md. Hedayet Ullah, Course coordinator of Internship Program of IBBL. I expect your kind acceptance of the report my report. Thank you for giving me the opportunity to do such type of work. I tried my best to make it understandable, relevant and reliable. I also expect your cordial suggestions that will be a positive feedback for me to make better in future. Sincerely yours, MD. Wasiul Islam Exam ID: 100214 BBA Program, Session: 2009-10 Acknowledgement First of all I would like to thank the Almighty who gave me patience. In preparing this internship report, I have got full cooperation of the officers employees of Islami Bank Bangladesh Limited – Foreign Exchange Branch and members of IBTRA. I am highly grateful to the management of Islami bank Training & Research Academy (IBTRA) for giving...
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...[pic] On A Study of foreign exchange operation of Islami Bank Bangladesh Limited Acknowledgement At the very beginning I would like to thank Almighty Allah for giving me the strength to finish the project within the schedule time. During the preparation of this report I have received generous help from many individuals which I would like to mention with my deepest gratitude. First of all, I must take this opportunity to thank “Islami Bank Bangladesh Limited” for giving me the opportunity to complete my internship program in their organization. It was really a great opportunity to work on this topic, and which is really an important and exceptional report. I tried to dedicate my best trying and resources. But “Too Error is Human”, I am not exception to this, I have some limitations, also. My ultimate constraint was time, I invested beyond this report. If I could give more times, I could make it better in the point of view of doing “Discovery of Information”, “Recommendation” etc. Al last, I just want to say that I tried my best to make it realistic. I am extremely sorry for my limitations and constraints that had impact in making the “Internship Report” efficient and effective. [pic] |Topics ...
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...Background of the Study Islami Bank Bangladesh Limited (IBBL) is the first of its kind in the South East Asia which was established in 1983 with a view to provide banking services based on Islamic principles. The bank, which started its operation with only 3 branches in the first year of its inception, has now 254 branches in 28 years of operation. As a bank, Islami Bank Bangladesh Limited receives deposits from its customers from all over the country as well as from abroad on profit and loss sharing basis and deploys that fund to different investment clients to gain profit. The bank distributes an agreed portion of the profit earned to the customers and the shareholders. Islami Bank Bangladesh Limited also performs foreign exchange business. In this process, the bank endeavors to contribute to the betterment of the society. In the context of open market economy, the foreign exchange business is growing rapidly and playing a vital role in the economic growth of a country. About 40 % of total business of our country is rolling through foreign exchange transaction. Islami Bank Bangladesh Limited has significantly contributed in flow of international transactions. Among the private commercial bank of our country IBBL is being kept the first position in export, import, remittance flow and as well as earnings the operating profit. Why I have chosen this topic, because to focus the foreign exchange banking performance of IBBL & its activities as based on Islamic Shariah. This...
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