...distributes minimum 65% of investment-income earned through deployment of Mudaraba funds among Mudaraba depositors after the closing of the year. * Al-Wadeah Current Account (AWCA) * Mudaraba Savings Account (MSA) * Mudaraba Term Deposit Account (MTDR) * Mudaraba Special Notice Account (MSNA) * Mudaraba Hajj Savings Account (MHSA) * Mudaraba Special Savings (Pension) Account (MSSA) * Mudaraba Savings Bond (MSB) * Mudaraba Monthly Profit Deposit Account (MMPDA) * Mudaraba Muhor Savings Account (MMSA) * Mudaraba Waqf Cash Deposit Account (MWCDA) * Mudaraba NRB Savings Bond (MNSB) Account * Mudaraba Foreign Currency Deposit Account (MFCD) * Students Mudaraba Savings Account (SMSA) * Mudaraba Farmers Savings Account (MFSA) | Deposit Products Islami Bank Bangladesh Limited mobilizes deposits through different types of accounts. Al-Wadeah Accounts Mudaraba AccountsAl-Wadeah Accounts Islami Bank Bangladesh Limited operates Al-wadeah Current Account on the principles of Al-wadeah. The Bank commits to refund money deposited in these Accounts on the demand of customers. On the other hand the Bank...
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...contents Vision/Mission/Core Values Notice of 54th Annual General Meeting Corporate Pro le Board of Directors’ Pro le Board of Directors’ Committees Directors’ Report Attendance of Directors Review Report on Statement of Compliance Statement of Compliance Pattern of Shareholding Categories of Shareholders Six-Year Summary Auditors’ Report to the Members on Unconsolidated Financial Statements Unconsolidated Financial Statements Auditors’ Report to the Members on Consolidated Financial Statements Consolidated Financial Statements Form of Proxy 93 95 35 37 02 04 06 07 14 16 25 26 27 29 31 32 committed to By enforcing excellent service, security and comfort PIA takes the time to nurture trust within its flyers. It is this very reason today that PIA is Pakistan’s favourite airline success annual general meeting Notice is hereby given that 54th Annual General Meeting of the Shareholders of Pakistan International Airlines Corporation will be held at 10:00 A.M. on Saturday, April 30, 2011 at Pearl Continental Hotel, Club Road, Karachi to transact the following business: 1. 2. 3. To receive and adopt the Audited Accounts for the Financial Year ended December 31, 2010 together with the Auditors’ and Directors’ Reports. To elect two Directors against vacancies as required under Sections 6 and 7 of PIAC Act 1956 in place of Mr Mubashir Iftikhar and Malik Nazir Ahmed who have completed their term of of ce of Directors. To transact any other business with the permission of the...
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...Banking plays an important role in the economy of any country. In Bangladesh Muslim holds the majority of the population. Though, no Islamic banking but only traditional banking system was developed here till 1983. However, interest is absolutely prohibited in Islam. The main aim of traditional banking is to earn profit by borrowing and lending money in exchange of interest. As a result there is an unfair competition among the bankers and among the customers. The people of this country are profoundly committed to Islamic way of life as enshrined in the holy Qur‟an and the Sunnah. Naturally, it remains deep in their hearts to fashion and design their economic lives in accordance with the precepts of Islam. The establishment of Islami Bank Bangladesh Limited on March 13, 1983, is the true reflection of this inner urge of its people, which started functioning with erect from March 30, 1983. Now, a question may arise- „what is Islami Banking?‟ According to OIC- “Islamic bank is a financial institution whose status, rules and procedures expressly state its commitment to the principle of Islamic Shariah and to the banning of the receipt and payment of interest on any of its operations.” This bank is the first of its kind in South-East Asia. It is committed to conduct all banking and investment activities on the basis of interest fee profit-loss sharing system. In doing so, it has unveiled a new horizon and ushered in a new silver lining of hope towards materializing a long cherished...
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...OCP REPORT A COMPARATRIVE STUDY ON UTILIZATION OF FUNDS BETWEEN A CONVENTIONAL BANK AND AN ISLAMIC BANK: A STUDY BASED ON TRUST BANK LIMITED AND ISLAMI BANK BANGLADESH LIMITED (TBL & IBBL) (This OCP report has been prepared for the partial fulfillment of the degree of Bachelor of Business Administration with a major in Finance & Banking) Supervised by: Mr. Serajul Islam Assistant Professor Department of Business Administration International Islamic University Chittagong Prepared by: Md. Kamrul Hasan ID: B081030 Major: Finance & Banking Program: BBA OCP Duration: March-April 2012 Submission Date: _______________________________ Signature of the Supervisor Department of Business Administration Faculty of Business Studies [pic] Letter of Submission Date: To The Dean Faculty of Business Studies International Islamic University Chittagong Subject: Submission of OCP report Dear Sir, With due respect, I have the honor to submit the OCP report prepared on “A comparative study on utilization of funds between a Conventional bank and an Islami bank (A study based on TBL and IBBL)” as per the requirement of my Bachelor of Business Administration (BBA) program which may kindly be accepted favorably. It is to be mentioned that I have been working on the credit management and fund management of Trust Bank Limited and Islamic Bank Bangladesh Limited through collecting data from books, record and internet. It would...
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...Abstract The objective of this study is to have practical knowledge on the Retail Banking services provided by the Private Conventional Banks and the Islamic banks in Bangladesh. Today, banks realize the importance of Retail Banking and its potential to help them acquire new customers, retain existing ones and maximize their lifetime value. this report provides an overall view of Retail Banking services in Bangladesh. the services provided by Private Conventional Banks and the Islamic banks are mentioned. Followed by are the products that are being used to provide these services. A trend of the retail banking services is done in the analysis part of this report. The Islamic banking concept is being adopted by some of the Private Commercial Banks to generate better understanding of the customer for product development, segmentation, appropriate targeting, campaign management and maintenance of long term profitable and mutually beneficial relationships with customers. The concept of Islamic Banking has been implemented on a vast scale. To meet the objective of the report a trend analysis of the retail deposit indicators,retail deposits and loans and advances is done in the fifth part of the report. there growth is also shown with line graphs. A comparison is also made between the PCB's retail banking services and that of IB's. In part six findings are listed and some recommendations are also made accordingly. Table of Contents Sl No | Topic | Page No. | 1.0 | Introduction1...
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...Introduction 1 1.1 Origin of the Report Today‟s business world is continuously changing. The operation of business is getting complex in every moment. That is why, today, the management of any business activity requires so much expertise from the part of its employees. The business graduates are the core part of management. So a business graduate has to have so much theoretical as well as practical knowledge to manage the ever-changing business activity. Besides the theoretical knowledge, practical experience is provided to business graduates & internship is the well practiced mechanism in this regard. The internship program is an integral part of the BBA program. As a student‟s of BBA program of different universities, everyone has to submit a report after completion of internship program. We were assigned to Islami Bank Bangladesh Limited to complete the program. As a student of BBA, internship is an academic requirement. For doing internship we were sent to the Islamic Bank Bangladesh, New Market Branch, Dhaka under the supervision of Mohammad Ali Biswash, SPO, Islami Bank Bangladesh Limited, New market Branch, Dhaka. The completion of our general class for internship program in Islamic Bank Training and Research Academy (IBTRA), the IBTRA authority gave us the selecting topics‟ for preparing the internship report. Our supervisor Mohammad Ali Biswash, SPO, Islami Bank Bangladesh Limited, New market Branch, Dhaka, also support us to prepare a report...
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...INTRODUCTION 1.1 Origin Of The Study Bachelor of Business Administration (BBA) is a specialized course on Business Administration. International Business Administration and Information System University (IBAISU) provide this specialized program to contribute efficient professionals in the business sector. IBAISU had designed this program with an excellent combination of practical and theoretical aspect. The whole program is divided in to twelve (12th) semesters. Out of the twelve semesters last semester (12th semester) is assigned for practical orientation. As a student of BBA with the requirement of my program I completed my internship program with the Islami Bank Bangladesh Ltd. (IBBL). I have tried my best to use this opportunity to enrich my knowledge on banking system. I have taken this opportunity to apply my knowledge, which I have learnt from my theoretical classes. I have tried my level best to present my experience of the practical orientation in this report. This report is also a requirement of my BBA program. 1.2 Objective of the Study Broad Objectives 1. The objective of the study is to gather practical knowledge regarding banking systems and operations, especially for loan and advances. 2. To gather the knowledge and idea about the business arena where there...
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...P ra c t i c a l ve ri f i c a t i o n & s a fe g u a rd tools for C/C++ F Michaud . R. Carbone DRDC Valcartier Defence R&D Canada – Valcartier Technical Report DRDC Valcartier TR 2006-735 November 2007 Practical verification & safeguard tools for C/C++ F. Michaud R. Carbone DRDC Valcartier DRDC Valcartier Technical Report DRDC Valcartier TR 2006-735 November 2007 Principal Author Approved by Yves van Chestein Head/IKM Approved for release by Christian Carrier Chief Scientist c Her Majesty the Queen in Right of Canada as represented by the Minister of National Defence, 2007 c Sa Majest´ la Reine (en droit du Canada), telle que repr´sent´e par le ministre de la e e e D´fense nationale, 2007 e Abstract This document is the final report of an activity that took place in 2005-2006. The goal of this project was first to identify common software defects related to the use of the C and C++ programming languages. Errors and vulnerabilities created by these defects were also investigated, so that meaningful test cases could be created for the evaluation of best-ofbreed automatic verification tools. Finally, when relevant, best practices were inferred from our experiments with these tools. ´ ´ Resume Ce document est le rapport final d’un projet de recherche qui a eu lieu en 2005-2006. Le but de ce projet ´tait avant tout d’identifier les d´fauts logiciels courants li´s ` l’utilisation des e e e a langages de programmation C et C++. Les erreurs et vuln´rabilit´s...
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...LITERATURE REVIEW ON SMALL AND MEDIUM ENTERPRISES’ ACCESS TO CREDIT AND SUPPORT IN SOUTH AFRICA December, 2011 Literature Review on Small and Medium Enterprises’ Access to Credit and Support in South Africa Prepared for National Credit Regulator (NCR) Compiled by Underhill Corporate Solutions (UCS) Project Manager and Lead Researcher: Edmore Mahembe Contact Details: Edmore Mahembe 357 Flowers Street Capital Park, 0084 Cell: +27 (0)83 757 3733 Phone: +27 (0)12 751 3237 Fax: 086 540 7052/ 086 639 8976 E-mail: eddiem@underhillsolutions.co.za info@underhillsolutions.co.za Website: www.underhillsolutions.co.za Pretoria, South Africa December, 2011 1 ACKNOWLEDGEMENTS The research team wishes to acknowledge the co-operation of the following organisations and individuals that helped attain the goals of the evaluation. 1. National Credit Regulator (NCR) for the opportunity afforded to Underhill Corporate Solutions (the research consultants) to conduct this study “Literature Review on Small and Medium Enterprises’ Access to Credit And Support in South Africa”. 2. Client project managers: Thandile Gubevu and Darrell Beghin, for facilitating the overall project exercise and the useful comments on the draft report that helped shape the format of the final report. 3. NCR board members; for useful and valuable comments on the draft report that helped in the development of detailed and well informed recommendations. 4. Finally, special appreciation to key research team members, namely;...
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