and hard work are gateway to development. I am also indebted to the authority of First Security Islami Bank Limited (FSIBL) for giving me the chance for internship. Especially I convey my gratitude to Abu Zaygom Niaz Ahmed Chowdhury, VP & Branch Manager, Sylhet Branch, FSIBL, for empower me to carry out the internship in Sylhet Branch. My earnest gratefulness and respect goes to my Bank supervisor, Mohammad Arifur Rahman, Officer of FSIBL, Sylhet Branch. He assigned responsibilities to me and
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Future of Islamic Banking For the past years, most Islamic banks have double-digit growth rates, surpassing their conventional rivals. There is ample room for growth for the Islamic Banking as they form part of merely 30% of total market share, even in the countries like UAE, Saudi Arabia, Kuwait and Malaysia. However, there are still several potential markets with large Muslim populations that remained largely untapped, such as India or even China. Subsequent to rapid growth, Islamic banks are facing
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Research Vol. 1 No. 6 June 2013 SHARIAH GOVERNANCE FOR ISLAMIC CAPITAL MARKET: A STEP FORWARD Nawal Kasim Accounting Research Institute, Faculty of Accountancy UniversitiTeknologi MARA, Shah Alam, Malaysia Sheila Nu NuHtay Institute of Islamic Banking and Finance International Islamic University Malaysia, Gombak, Malaysia Syed Ahmed Salman PhD. Candidate and research assistant at Institute of Islamic Banking and Finance, International Islamic University Malaysia, Kuala Lumpur Sponsored or supported
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AND ISLAMIC BANKS OF BANGLADESH Banks conventionally fulfill the supreme responsibility of being a financial intermediary between the deficit and surplus unit of the economy. Liquidity risk refers to the excessive transaction cost, excessive loss of value and excessive exertion of time that banks have to face at the time of allocating liquidity to the third party when stipulated. Because of the unique constitutional features and regulatory conformity with the Shariah principle Islamic banks
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essay will provide a comparison between Islamic Finance and conventional Finance principles. In order to do this, firstly it is necessary to determine the scope and establish some of the fundemental concepts that define Islamic Finance, or "Sharia compliant banking" as it is often referred to. After this, it will be possible to discuss some of the advantages that Islamic Finance institutions have over the typical conventional banks. As of 2014, Islamic Financial institutions represented around
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BACKGROUND Bank Islam, established in 1983, is Malaysia’s maiden Shariah-based institution. Since its inception, it has emerged as the symbol of Islamic banking in Malaysia and its vision to be “A Global Leader in Islamic Banking” illustrates the Bank’s status as the flag bearer of the country’s financial services industry (“the industry”). Bank Islam has been growing from strength to strength as evidenced by its financial performance and paid-up capital, which
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ISLAMIC BANKING SYSTEM & PRODUCTS Name Course Instructor Institution Date Islamic banking Introduction Over the past decades, Islamic banking has expanded into a distinctive and fast growing competitive substitute to conventional banking in many countries. Despite the rapid expansion of the Islamic banking system in recent years, little is however understood of how it differs from conventional banking systems, especially in the non Muslim world. Although Islamic banking works in accordance
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the Islamic banks in Pakistan. As Pakistan is a Muslim country and the main population is of Muslims, there is a great importance of Islamic banking in this country and people are getting aware of this financial system. But the main challenge here that is faced by the Islamic banking is that Pakistan govt. is supporting conventional banking more. For this research interviews were taken from the employees and the customers of Islamic banks. These interviews are about the basics of the Islamic banking
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Developments of Islamic Banking in Pakistan & Malaysia: An Analytical Review Abstract This study compares Islamic banking operations currently practiced in Pakistan and Malaysia. Both countries started Islamic banking in early 1980’s but employed entirely different approaches. Pakistan attempted to convert the entire financial system in accordance with Islamic law at once at national level. Malaysia adopted the gradual application approach. It allowed Islamic and conventional banking systems
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COLLECTION AND ITS PERFORMANCE ANALYSIS: A STUDY ON EXIM BANK BANGLADESH LIMITED, KHULNA BRANCH . The Report is Submitted as a Partial Fulfillment of the Requirement of Bachelor of Business Administration SABYASACHI BOSU ID NO: BBA-060160259 DEPARTMENT OF BUSINESS ADMINISTRATION NORTHERN UNIVERSITY BANGLADESH JANUARY 15, 2010 AN INTERNSHIP REPORT ON STRATEGIES & PROCEDURES OF FUND COLLECTION AND ITS PERFORMANCE ANALYSIS: A STUDY ON EXIM BANK BANGLADESH
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