Report

CHAPTER-1

INTRODUCTION

1.1 Introduction

Because of globalisation, today’s world enhances the opportunities of business and investment, for economic empowerment modern world put a great effort favoring from all aspect. As a result, in the modern society commercial banks occupy a position of economic importance. They play a significant role to meet up the needs of the society, such as large-scale production, capital formation, industrialization, growth of trade and commerce. Islami Bank Bangladesh Limited is an unconditional and specialised financial institution, which is first of its kind in South East Asia, performs most of the standard banking service and investment activities based on profit-loss sharing system conforming to the principles of Islamic Shariah. Islami Bank does not pay interest to the depositor. Instead of interest, depositors participate in the profitability of the bank. The Bank participates in financing long-term projects based on profit-loss sharing instead of granting credit facilities with interest. IBBL also performs various social welfare activities through its subsidiary organ named Islami Bank Foundation (IBF). In this report, I undertake microscopic analysis mainly on “General Banking and Investment Operations of IBBL” and sketch picture of the same.

1.2 Background of the study

Any academic course of the study has a great value when it has practical application in the real life. Only a lot of theoretical knowledge will be little important unless it is applicable in the practical life. So we need proper application of our knowledge to get some benefit from our theoretical knowledge to make it more fruitful when we engage ourselves in such field to make proper use of our theoretical knowledge in our practical life, only then we come to know about the benefit of the theoretical knowledge. Such an application is made possible through internship....