Investment Mechanisms of Islami Bank Bangladesh Limited. A Study on Mirpur Branch

Abstract

One of the leading banks in Bangladesh is The Islami Bank Bangladesh Limited. On March 13th, 1983, Islami Bank entered the marketplace. IBBL currently has 361 branches and over 17000 employees in Bangladesh. They receive remittance from 29.1% of all banks combined. IBBL had a total of 63.09% foreign and 36.91% local shareholders. IBBL operates 621 ATMs nationwide in Bangladesh. Owing to the ban on showing interest in Islam. Islami Bank forbade the practice of taking interest. IBBL has grown to be Bangladesh's largest private commercial bank. For the basis of investment profit and loss sharing, they have unique characteristics. The shariah-compliant investment agreement. We are aware that this bank is the largest Islamic bank in Bangladesh. This bank was listed on both the Chittagong Stock Exchange (CSE) and the Dhaka Stock Exchange (DSE). This is a requirement for the Daffodil International University (DIU). I work for the Islami Bank Bangladesh Limited for two months to finish my practical training. I required an internship program because it was a requirement for my bachelor's degree. This report was created using the practical knowledge and work experience I gained through the IBBL intern program. 1.3 Scope of the Study The investment technique used by Islami Bank Bangladesh Ltd. is the only subject of this study. Islami Bank Bangladesh Ltd. currently has 352 branches spread out across the entire nation. There are 59 Authorized Dealers among them who are in charge of overseeing remote trade exercises and outside exchanges. In Bangladesh, there are 57 banks operating, including 54 business banks and 3 specialized banks. The report's primary goal is to practically support the theoretical understanding of Islami Bank Bangladesh Limited's Modes of Investment and Mechanism (IBBL). In this study, there are clear differences in the investing strategies used by Commercial Bank and Islami Bank to draft a report on IBBL's investment modes and mechanism. For this, various Islami Bank investment mechanisms and modes of operation have been investigated. • To find out the investment activities of Islami Bank Bangladesh Ltd (IBBL) • To know about the investment mechanism of IBBL • To evaluate the financial performance of investment activities of IBBL • To suggest some observation to improve the investment mechanism of IBBL