Foreign Exchange Operations of Islami Bank Bangladesh Limited.

Abstract

This report is needed to fill the MBA program internship at Daffodil International University. This report has published two months' work experience in Uttara branch of Islami Bank Bangladesh Limited. This report will give all the academic clear idea about the activities of Islamic Bank Bangladesh Limited, foreign exchange activities, and effective strategies. The report specially holds of three part and five chapters. In Chapter-1, Introduction of the report consists of origin of the report, objectives, methodology of the report and also some limitations in doing the report. In chapter-2, the report defines about the background, rationale, objectives & ideology of Islamic Banking system, organizational analysis that consists of current situation, the strategic posture, mission, vision, products etc. In Chapter-3, provides brief idea about the foreign exchange of IBBL, includes import, export and remittance and other related affairs. Import services and financing products are described here. Import performance from different point of view is presented in this chapter. This chapter is also deals with export, and export performance as well as other related aspects. After those foreign remittances is covered with discussion on performance from many aspects and related discussions. In Chapter-4, expressing business and an overview of Foreign Exchange Operations of Uttara Branch, and worked performed by me as an internee in this branch. In Chapter-5, described the performances of foreign exchange operation of IBBL and lastly in chapter-6, there are some analysis & findings and Finlay there are some identified, and some recommendations & Conclusion to overcome those limitations. For the continuation of the Islamic banking system, many problems of Islamic banks have been seriously threatened and they need to be carefully cautious. This paper proposes that IBBL should emphasize foreign currency operations. In this study, Islamic Bank Bangladesh Ltd. It is tried to find out the performance and operations of the foreign exchange.