It is a great pleasure to present the internship report on "Investment Activities of Islami Bank Bangladesh Limited (IBBL). I am Md Ruhul Amin, a student of Bachelor of Business Administration (BBA) program of Daffodil International University, As a partial fulfillment for the requirement of BBA program I have to do the internship in exploring the Investment Activities of Islami Bank Bangladesh Limited at Panthapath Branch I declare that the report titled Investment Activities of Islami Bank Bangladesh Limited has been prepared and completed by me under the supervision and guidance of Nusrat Nargis , Assistant Professor of Business Administration Department, Daffodil International University.
He has already completed his internship program at Islami Bank Bangladesh limited in Panthapath Branch and made an internship report on “Investment Activities of Islami Bank Bangladesh Limited” for partial fulfillment of the degree of Bachelor of Business. The significant point from the convergence from this report is in the hypothesized instrument of Islami Bank Bangladesh Limited. Example assessment is essentially coordinated to assess the example from adventure, division wise theory of Islami Bank Bangladesh Limited.
The investigation, Investment Activities of Islami Bank Bangladesh Limited, is expressive in nature which largely depends on optional information. The investigation focuses on the mode as well as the segment of the entrepreneurship exercise by Islami Bank Bangladesh Limited.
Data Analyzing as well as Reporting
The IBBL annual report, the website from IBBL as well as the separate course reading are the important sources of information within that report.
LIMITATIONS OF THE STUDY
Other limitations: Another limitation from that report is the bank's strategy to not reveal some information as well as data for obvious explanations, which can make the report. The important limitation seen in the configuration of that report was the influence of information. As a result, now and again the leaders were reluctant to give any specific information.
ABOUT ISLAMI BANK BANGLADESH LIMITED
IBBL VISION
The Bank will also seek to stimulate enterprise, particularly within enterprises likely to generate greater business.
IBBL MISSION
COMMITMENTS
CORE VALUE
STRATEGIC OBJECTIVES OF IBBL
CORPORATE INFORMATION
ORGANIZATIONAL STURCTURE OF IBBL
PRODUCTS & SEVICES OF ISLAMI BANK BANGLADESH LIMITED
Deposit Products
Investment Scheme
INVESTMENT
Speculation is the activity of sending funds with the goal and desire to obtain a positive return for the owner. Funds can be invested in real resources or in cash. At the point where funds are used to purchase permanent and current resources for use in the production process or for replacement purposes, speculation is within real resources. A base from an industrial plant or a reason for raw materials and hardware for a manufacturing process are examples from real speculation.
On the other hand, obtaining a legal right to salary as capital increase or profit would be evidence of money-related enterprises. Storing cash within a financial balance, the acquisition of securities or shares of Mudaraba investment funds within an organization.
PRINCIPLES from INVESTMENT
STEPS within INVESTMENT PROCEDURE
- Selection from the client
- Application stage
- Appraisal stage
- Sanctioning stage
- Documentation stage
- Disburse arrange
- Monitoring stage
- Recovery arrange
Therefore, the bank highlights the position that the customer must give and, in addition, appropriately fill in individual data that is urgent for the beginning of the speculation proposal. All required reporting for business operations must largely be set up by the customer himself. Certified duplicate of the Memorandum of Association (MOA) and Articles of Association (AOA) for the business entity.
As the bank, based on that step, usually goes for approving the proposed venture limit/proposal. On the off chance that something goes wrong here, the bank suddenly stops paying installments from the venture. At that time, the bank officially approves the investment proposal from the respective customer. In that case, the customer receives the bank's sanction letter. At that point, the bank mostly questions whether the necessary archives have been collected.
At that stage of the company's preparation, IBBL will be in constant contact with the customer, for example, the bank may request monthly inventory reports from the customer if an event occurs due to speculation on a miniature scale. It is the obligation of the bank to recoup the landed store within the stipulated period, and if the borrower fails to repay the money within the specified period, the bank will declare him a defaulter and recover the reserve by paying the amount given by him to sell protection. the borrower, or by strengthening his record or filing a lawsuit against him.
RECOVERY STEPS USED BY IBBL
- Persuasive Recovery
- Voluntarily Recovery
- Legal Recovery
In the event that the above methods neglect to maintain a standard of records and the borrower does not pay the parts, at that point the bank makes an essentially legitimate move against the borrower. The recovery method from IBBL is in five stages to recover the loan amount which is a joint effort of the bank and the legitimate business organizations.
YEAR WISE INVESTMENT & GROWTH RATE
MODE WISE INVESTMENT
SECTOR WISE INVESTMENT
Musharakamode speculation expanded in 2016, but was reduced in 2017 and 2018. In this way, the Bai-Murabaha company is useful to the association. Interpretation: The chart shows that over the time since the survey, most of the speculation occurred within the industrial segment and the least amount of business was done in the transportation division. Different methods of undertaking were a greater number of less fluctuating over the time of study.
GEOGRAPHICAL LOCATION WISE INVESTMENT
Interpretation: The above graph shows that the bank gives a significant bit from the interest within urban part instead of from provincial area. it demonstrates that banking leans towards urban zones within speculation within light of industrialization than that of rural zones.
UNCLASSIFIED INVESTMENTS
But after that it decreased to 95.88% in 2018 which shows risky investment performance of IBBL.
CLASSIFIED INVESTMENT RATIO
SUB STANDARD, DOUBTFUL, BAD & LOSS INVESTMENT
YEAR WISE INVESTMENT INCOME
CAPITAL ADEQUACY RATIO
INVESTMENT TO DEPOSIT RATIO
MODES INVESTMENT OF IBBL
- Bai-Mechanism
- Share Mechanism
- Ijara Mechanism
The word Bai means both purchase and business and the word 'Ajal' means a certain time or a certain period. Bai-Muajjal could be defined as an agreement between a buyer and a seller whereby the trader sells to the buyer a certain commodity (reasonable in accordance with Shariah and state law) at an agreed fixed value payable on a specific future date within a specified amount or within a specified period after fixed parts. The merchant can also sell products that he has obtained by order and by order of the buyer.
34;Bai-Salam" means an advance deal as well as a purchase. It is a deal where the buyer pays a development installment, but the transfer is postponed to an agreed date within Bai-Salam, the exchange regarding money happens in advance. in real money as a cost goods, the transfer of which will take place in the future. Equity mechanism from investment indicates a partnership. This means investment practice based on share responsibility, as well as opportunities from return and loss. Mudaraba is a contract of those who have capital with the help of those who they have expertise. When the first party provides the capital and the second party provides the expertise in order to generate a "halal" (lawful) profit to be shared between them within an agreed relationship. this way serves the business interest of the owner of the capital as well as the mudharib (agent) .
The owner of the capital may not have the opportunity or experience to turn the capital around and trade it. On the other hand, the agent (Mubarib). Islamic jurists point out that both the legality and the legality and permissibility of Musharakahi are based on the commandments of the Holy Qur'an, the Sunnah and the Ijma (consensus) of the scholars. The responsibility for the implementation/tool/goods will be both the bank and
The customer will own the performances/equipment/products upon completion of the portions. Ijarah: The term Ijarah is derived from the Arabic words 'Air' and 'Uirat', which imply thought, return, wages or rent. That is actually the trade value or thought, return, compensation, lease of administration from an advantage. Ijarah is characterized as an agreement between two gatherings, both the Tenant and the Tenant, wherein the Tenant appreciates or receives some assistance or reward against a predefined thought or lease based on the benefit claimed by the Tenant. This is a contract agreement in which a specific confirmation is provided by the rent to a tenant against a fixed rental agreement or rent for a predetermined period.
Sale: That is a deal contract between both a buyer and a trader, wherein the responsibility for goods or resources is transferred from the seller to the buyer, at the costs paid/payable by the buyer. Buy the benefit with that value of cash, own the equivalent together, share the benefit according to your understanding, and bear the misfortune in relation to them. The offer part or part of the benefit of the bank is used from time to time for a fixed period to the customer's accomplice for a fixed rental agreement for each unit.
MAJOR FINDINGS
RECOMMENDATIONS
A suitable and convincing observational framework must be established to limit the extent of the dire undertaking or disaster. A proper and effective monitoring system should be developed in order to minimize the amount of bad investment or loss.
CONCLUSION
Winning from benefit is not only the basis and objective of the Bank's investment policy, but emphasis is also placed on achieving social goals and objectives when making business openings.
BIBLIOGRAPHY
