Abstract:
IBBL is the first interest free Islamic Shariah based commercial bank of Bangladesh with an
objective of practicing Islamic Shariah based financial services. The main objective of this report
is to analyze and focus on overall Investment modes and mechanism of IBBL.
Chapter one, Where I give an introduction about my internship project. Here is where I explained
the reason behind undertaking this project and have given an idea about the sources which I used
to collect the data.
In chapter two, I tried to provide the historical background of IBBL. I also tried to give a clear
insight about their mission, vision and corporate information.
In chapter three, I discussed about Islamic banking, conventional banking, Principles of Islamic
Banking and Investment process.
In chapter four, I simply analyzed the investment modes, mechanism of IBBL. And also provide
the last five years Investment performance of IBBL and IBBL Uttara Branch.
The investment of IBBL contains three mechanism such as Bai, Share and Ijarah. In last few years
IBBL invested their major portion in Bai -Murabaha and Bai- Mujjal. On the basis of sector, IBBL
invest their major portion in industrial and SME sector. The investment process of IBBL is slightly
time consuming.
And I end the report with some recommendations and conclusion on overall Investment of IBBL.
Description:
Bangladesh inherited the interest-based banking system from the start of its birth. So we are very
familiar with the interest-based banking system. But the Islamic banking era began in 1983 when
the Islami Bank Bangladesh Limited was established to conduct its banking activities on the basis
of Islamic Shariah law. Islami Bank Bangladesh Limited was Southeast Asia's first Shariah-based
free interest bank. The Bank's corporate headquarters is located at 40, Dilkusha Commercial
District, Dhaka, housed in an 18-story own modern building. The Bank's first branch was formally
inaugurated on August 12, 1983 at Motijheel in Dhaka. The bank was set up as paid-up capital
with Tk.67.5 million, which was increased to Tk.16, 099.91 million as of December 31, 2018.
Islami Bank of Bangladesh Limited has achieved the leading position in deposit, production,
export and collection of imports and remittances in all private banks.
