Essay on Islami Bank

21399 Words Jan 26th, 2012 86 Pages

Bangladesh is one of the largest Muslim countries of the world. The people of this country are deeply committed to Islamic way of Life as it is mentioned in Quran and Sunnah. But it is not possible for the people to establish and design their economic lives in accordance with Shariah. The very objective of 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
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4. To get a clear idea regarding the requirements and the limitations at the time of apply for an investment and other formalities. 5. To know the difference between interest banking system and non-interest banking system.

The word methods come from the Greek words ‘Meta’ and ‘hoods’ meaning a way (Geddie, 1965). Broadly, a method or methodology is “The underlying principles and rules of organization of a philosophical system of inquiry procedure” (Urdong, 1968). A method involves a process or technique in which various stages or steps of collecting data/ information are explained and the analytical techniques are defined. A dictionary of social sciences observes, “Methodology is the systematic and logical study of the principles guiding scientific investigation” (Gould and Kolb, 1964). In sample a method is the way of doing something.
For collaborating the data and information collected through primary and secondary sources I have used both qualitative and quantitative method, which contains the past, present, and future situation of “Islamic Bank Bangladesh Limited”. During my study I followed some methodology to find out the fact and feature of the Bank. (( Source of Data/ Information: I have collected my information/data from the following sources, which helped me to make this report. The source can divide into two parts. Such as- 1) Primary source and 2) Secondary source I

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