Term Daily news on Islami Bank Limited

CHAPTER-ONE

INTRODUCTION

1 ) 0 Backdrop of the Examine

Islami Lender Bangladesh Limited (IBBL) may be the first of its kind in the To the south East Asia which was established in 1983 with a view to provide banking providers based on Islamic principles. The bank, which started its operation with only 3 twigs in the 1st year of its inception, has now 207 branches in 26 many years of operation. Being a bank, Islami Bank Bangladesh Limited obtains deposits from its customers coming from all over the country along with from in foreign countries on revenue and reduction sharing basis and deploys that fund to different investment clients to get profit. The financial institution distributes an agreed part of the profit gained to the consumers and the investors. Islami Lender Bangladesh Limited also executes foreign exchange organization. In this procedure, the bank endeavors to contribute to the betterment with the society.

In the context of open market economy, the other exchange business is growing rapidly and playing a vital role in the economic growth of a country. Regarding 40 % of total business of our country can be rolling through foreign exchange transaction.

Islami Bank Bangladesh Limited has drastically contributed in flow of international deals. Among the private commercial bank of our nation IBBL is being kept the first location in export, import, remittance flow and as well as earnings the functioning profit. So why I have selected this matter, because to concentrate the foreign exchange banking overall performance of IBBL & it is activities because based on Islamic Shariah.

This study is performed to evaluate the over all activities of IBBL. Findings from the study may well benefit the organization itself to take strategic decision on future plan to boost the volume of forex trading transaction. It can possibly benefit readers as well as research workers who have particular interests in international operate finance.

1 ) 1 Scope of the Examine

The opportunity of this daily news is to exploration of various areas of Deposit Breaking down, Investment Device & Forex trading operation of IBBL. This kind of report should focus the actual practices " An Overview Of Foreign Exchange Operation” of Islami Bank Bangladesh Limited and its operations.

1 ) 2 Goals of the Analyze

The first target of producing the survey is gratifying the partial requirements from the BBA system. The main reason for this research is to have got a better alignment on Foreign Exchange business shows of the financial institution. In this record, I have attempted to give a review of Forex Operation of Islami Traditional bank Bangladesh Limited. Following will be the main targets в–Є To familiar the history and functions of Islami Banking in Bangladesh. в–Є To show the investment mechanism and merchandise offerings in various modes of IBBL. в–Є To show total investment pitch, appraisal methods, documentation approach to IBBL and Conventional Financial institutions. в–Є To exhibit an overview of Foreign Exchange Operation of IBBL. в–Є To demonstrate the differences with conventional financial regarding assets aspects в–Є To identify durability and weak spot of assets of IBBL. в–Є To distinguish the problems associated with investments confronted by IBBL. в–Є To recommend activities that may be important to redesign the investments of IBBL.

1 ) 3 Methodology

The study is performed based on the data extracted coming from different sources collected through a specific methodology. The methods of completing the report include included a few steps that are followed by one by one. First of all I selected the topic of the report then I was required to collect data relating to the topic by main and supplementary sources and through personal interview. Like a Internee of IBBL it had been easy for me to collect info. After gathering the information I had to determine the process of research and sampling plans. Following gathering all the details I needed, I have come up with an anticipated result of the...



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