Investment and Foreign Exchange operation of
Islami Bank Bangladesh Limited (IBBL)

Table of Contents:

LIST OF ILUSTRATION 5
Executive Summary 6
ACKNOWLEDGEMENT 7
CHAPTER ONE: INTRODUCTION: 8 1.1 PURPOSE 8 1.2 SCOPE: 8 1.3 BACKGROUND 9 1.4 METHODS OF DATA COLLECTION 10 1.5 LIMITATION OF THE STUDY: 11
CHAPTER TWO: PROFILE OF IBBL 12 2.1 INTRODUCTION: 12 2.2 DEFINITION OF ISLSMIIC BANK: 12 2.3 Historical Background of IBBL: 12

CHAPTERFOUR: FOREIGN EXCHANGE OPERATION 49
OF IBBL 49 4.2 FOREIGN EXCHANGE: 49 4.3 Functions of Foreign Exchange Department: 50 Exports: 50

LIST OF ILUSTRATION

Executive Summary

Islamic banking is relatively a new concept in the world. Before the inception of Islamic banking phenomenon, banks were institutes to be avoided by the millions of Muslims. Keeping aloof themselves from banking, Muslims began to loss their market in the world economy. As the competition the business world became more and more severe, businesspersons had no alternative banking premises and many of them were getting involved in the traditional banking. However, the traditional banking is based on interest, which is fully prohibited in Islam. To overcome this problem, Muslim scholars, philosophers, economists etc. were thinking to establish a new interest-free banking structure right from the 1940’s. At last, they succeeded to formulate an appropriate Islamic banking structure. Many previous studies have been done in this regard. Islam is a complete code of life. It does not allow anything to be done in unislamic. So Islamic banks do not give more importance only on earning profit but also try to ensure