This website uses cookies to ensure you have the best experience. Learn more

Islamic Banking System In Bangladesh Essay

3190 words - 13 pages

A Report submitted in partial fulfillment of the degree of
Bachelor in Business Administration (BBA)

Islamic Banking System in Bangladesh

Section: F (BBA)

Course Instructor:
Faculty of Business Administration
Department of BBA
American International University-Bangladesh

Group Members Name and ID:
1. Nahar Tanjin
2. Nibir Md. Nahidul Islam
3. Niger Farzana
4. Hossain ...view middle of the document...

Despite the limitations, we have tried our best to gather authentic information and provide exact explanation of all the points of the specified task. We truly cherished this report.

We hope it will be accepted by you. If you have any query after evaluating this report, then please let us know.

Sincerely yours,
Name Signature
1. Nahar Tanjin Tanjin
2. Nibir Md. Nahidul Islam Nibir
3. Niger Farzana Farzana
4. Hossain Mohammad Saddam Saddam
5. Mustasin Abdullah Al Mustasin


It is necessary to know the consequence between theory and practical knowledge as well. So, a student can only claim himself as a student of true knowledge by high caliber of preparing such kind of banking related report.

First and foremost, we would like to thank our course instructor (MOHAMMAD MOSTOFA JAMAN) for his valuable professional advice and guidance as well as his kindness, endless patience and continuous encouragement.

Secondly, we would like to thank interviewees from SOCIAL ISLAMI BANK LIMITED, without which this study could not have been reached its conclusion.

This report would not have been possible without continuous support, encouragement of our friends and all our family members.

Finally, we would like to express our sincere appreciation to those who provided us with great support and encouragement during our studies.

Thanks again to all of them.

Executive Summery

The report is based on “Banking System variation: A Study on Islami Banking System in Bangladesh”. This topic clarifies the basic differences between the banking systems. The research also shows the outlook of Islami Banking System and provides information about people’s thinking about the Islami Banking System.

For this specific research on Islami Banking System in Bangladesh, The objective of the report is to analyze what are the differences between Islami banking system and traditional banking system. And also why Islami Banking System focuses on profit where as Traditional Banking focuses on interest rate.

To prepare this report information has been collected through face-to-face interview related to our questioner study. We have also gathered information through books, Journals, reports, and websites of the bank.

This report covers the findings and analysis the existence of Islami banking system, how it is operated and how it can inspire the people.

We have recommended suggestions associated to the banking system, which would boost people’s knowledge about this banking system.

Table of Contents

Topics | Page No |
Cover Page | 01 |
Title Page |...

Other Papers Like Islamic Banking System in Bangladesh

Proposal of Customer Satisfaction in Islamic Banking

2800 words - 12 pages now 16 Islamic banks and financial institution operating in Malaysia. The popularity of the Islamic banking system is not limited to the Islamic bank only. The conventional system also interested in Islamic banking system For instance, CIMB has established CIMB Islamic bank that operates in accordance with Islamic Shari’ah principles. Islamic banks faced with strong competition not only from Islamic bank but also from conventional banks. The

A Research Proposal on Mpact of Rural Banking on Farmers in Bangladesh

4007 words - 17 pages farmers. So I think my research will effectively identify the key factors that impact farmers in case rural banking transaction. I also think that, after completion of my research I shall be able to provide an effective recommendation for rural bank as well as government to make effective banking system that is helpful for farmers and economy of Bangladesh. STATEMENT OF THE PROBLEM: The Bangladesh government has made several attempts to

A Research Proposal on Mpact of Rural Banking on Farmers in Bangladesh

3328 words - 14 pages , after completion of my research I shall be able to provide an effective recommendation for rural bank as well as government to make effective banking system that is helpful for farmers and economy of Bangladesh. AIM OF THE STUDY: The main aim of the study is to identify the impacts of rural banking on rural farmers. OBJECTIVES OF THE STUDY: The specific objectives includes:  To find out the importance that rural banks have on farmers in

History & Development

4310 words - 18 pages Islamic Banking and Finance in Other Countries (6) Development of Islamic Banking and Finance in Other Countries (7) West Asia / Africa • Sudan – In 1984, the whole banking system in Sudan was made totally Shari’ah-based – The Sudanese Court of Appeal, in 1984, held that the charging of interest is subject to criminal prosecution – The Islamic banking sector in Sudan has witnessed encouraging growth – Most of the Islamic banks have been

Perceptions on Islamic Banking

2520 words - 11 pages the fact that many conventional banks, including some major multinational Western banks, have also started using Islamic banking techniques. Malaysia is among the countries that have chosen to operate Islamic banking alongside the conventional system. This is achieved by the opening of “Islamic windows” in conventional institutions, or the establishment of separate banks or branches and subsidiaries specializing in Islamic financial products

Unethical Practice

5078 words - 21 pages . Those in favor of Islamic banking believe the Islamic banking system is superior to the capitalistic model of the West, because it is structured around a "strict code of ethics" (based on the Quran) and is prohibited from "exploitative practices" (including the charging of interest). According to Islamic banking proponents, this allows banking to be an integral part of a moral society (governed by the Quran). In contrast, they believe capitalism

Risk Management

4636 words - 19 pages much more complex. That results in a greater prominence of problems relating to adverse selection and moral hazard. Small banks concentrate on low-risk investments and fee income, while large banks will be more concentrated in PLS banking. It was further concluded that as the presence of Islamic banks grows in a country's financial system, there is no significant impact on the soundness of other banks. This suggests that Islamic and

Compliance of Ias 16 by Bangladeshi Cement Company

5732 words - 23 pages World Review of Business Research Vol. 2. No. 2. March 2012. Pp. 16 - 31 Corporate Governance-Its Problems & Prospects in Banking Industry in Bangladesh Begum Ismat Ara Huq* and Mohammad Zahid Hossain Bhuiyan** Corporate Governance ensures to bring transparency, accountability and professionalism in the management system of a corporate body that enhances the credibility and acceptability to the shareholders, employees, potential investors

Stratagic Management Report on Hsbc

5173 words - 21 pages the State Bank of Pakistan as the central bank of the country, and named it Bangladesh Bank with retrospective effect from 16 December 1971. State-owned commercial banks The banking system of Bangladesh is dominated by the 4 Nationalized Commercial Banks In which 3 is totally controlled by government and 1 (Rupali Bank) bank is controlled by both government and private sector., Nationalized Commercial Bank of Bangladesh: • Sonali Bank

Example Of Proposal

9563 words - 39 pages Lecture name: Dr. Hisyam Subject: Research Proposal Submission Date: 18 August 2014 Title: Factor that influence services quality in the Islamic banking system in Malaysia Student name: Tai Yen Ying Doris Student ID: Scm-014993 Course: Bachelor In Business Management Content Pages 1. Cover


443 words - 2 pages Islamic And Conventional Banking banking in two groups as follows 1) Islamic Banking 2) Conventional Banking. 1.1-ISLAMIC BANKING. When we discuss about Islamic banking... Save Paper Islamic And Conventional Banking Practice conventional and Islamic bank as a conventional bank is a riba based bank and an Islamic bank is a profit based bank. Conventional banking... Save Paper Stability Of Islamic And Conventional Banks During The

Related Essays

Banking System Of Bangladesh Essay

581 words - 3 pages Banking system of Bangladesh Central bank: * Bangladesh bank Schedule bank: State-owned commercial banks: State-owned are functioning as nationalist. Here is the list - 1. Sonali Bank Limited 2. Janata Bank Limited 3. Agrani Bank Limited 4. Rupali Bank Limited Private commercial banks(PCB): * Conventional private bank 1. AB Bank Limited 2. Bangladesh Commerce Bank Limited 3. Bank Asia Limited 4. BRAC Bank Limited

Major Differences Between Islamic And Banking System

569 words - 3 pages Major Differences between Islamic and Banking System | | Islamic System | | Conventional System | | Money is a product besides medium of exchange and store of value. | Real Asset is a product. Money is just a medium of exchange. | Time value is the basis for charging interest on capital. | Profit on exchange of goods & services is the basis for earning profit. | Interest is charged even in case, the organization

Mobile Banking In Bangladesh Essay

1962 words - 8 pages much more effective in developing savings habits  It will make access to banking and advanced payment transactions at affordable cost  It is much safer, speedy and safeguard against fraudulent transactions What does DBBL Mobile Banking offer?         Customer Registration Cash-in (cash deposit) Cash-out (cash withdrawal) Foreign Remittance Salary Disbursement Person to Person Transfer (P2P) Mobile Top-up Balance Inquiry Where to

Prospect Of Islamic Banking In Bd

6394 words - 26 pages Proceedings of 3rd Asia-Pacific Business Research Conference 25 - 26 February 2013, Kuala Lumpur, Malaysia, ISBN: 978-1-922069-19-1 Prospects of Islamic Banking in Bangladesh Md. Maruf Ullah and Md. Shahnur Azad Chowdhury In a developing country like Bangladesh, the Islamic banking system as a whole has a vital role play in the process of economic development. The study has been concentrated on “Prospect of Islamic Banking in Bangladesh