Deposit and Investment Management Deposit and Investment Management
of Al-Arafah Islami Bank Limited of Al-Arafah Islami Bank Limited
By By
Sk. Md. Maidul Hossain Sk. Md. Maidul Hossain
An Internship Report Submitted in Partial Fulfilment of the An Internship Report Submitted in Partial Fulfilment of the
Requirements for the BBA Program, School of Business, Requirements for the BBA Program, School of Business,
Ahsanullah University of Science & Technology
Ahsanullah University of Science & Technology
INTERNSHIP REPORT INTERNSHIP REPORT
ON ON
DEPOSIT AND INVESTMENT MANAGEMENT OF DEPOSIT AND INVESTMENT MANAGEMENT OF
AL-ARAFAH ISLAMI BANK LIMITED AL-ARAFAH ISLAMI BANK LIMITED
DR.
DR. DIPAK DIPAK KANTI KANTI DUTTA DUTTA PROFESSOR
PROFESSOR SCHOOL
SCHOOL OF OF BUSINESS BUSINESS
SK.
SK. MD. MD. MAIDUL MAIDUL HOSSAIN HOSSAIN ID:
ID: 10.01.02.010 10.01.02.010 BBA
BBA 25 25
THTHBATCH BATCH SCHOOL
SCHOOL OF OF BUSINESS BUSINESS
THURSDAY,
THURSDAY, AUGUST AUGUST 07, 07, 2014 2014
AHSANULLAH UNIVERSITY OF SCIENCE &
AHSANULLAH UNIVERSITY OF SCIENCE & TECHNOLOGY TECHNOLOGY PREP RED
PREP RED FOR FOR
PREP RED PREP RED
D TE
D TE OF OF SU MISSION SU MISSION
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August 07, 2014 August 07, 2014
Dr. Dipak Kanti Dutta Dr. Dipak Kanti Dutta
Professor, School of Business Professor, School of Business
Ahsanullah University of Science & Technology Ahsanullah University of Science & Technology
Subject:
Subject: Submission of Internship Report. Submission of Internship Report.
Dear Sir, Dear Sir,
This is my pleasure to present my internship report entitled "Deposit and Investment This is my pleasure to present my internship report entitled "Deposit and Investment Management of Al-Arafah Islami Bank Limited." I have conducted my internship program Management of Al-Arafah Islami Bank Limited." I have conducted my internship program in Al-Arafah Islami Bank Limited, Sonargaon Janapath Road Branch (Plot 30, Sector 11, in Al-Arafah Islami Bank Limited, Sonargaon Janapath Road Branch (Plot 30, Sector 11, Sonargaon Janapath Road, Uttara, Dhaka-1230) under
Sonargaon Janapath Road, Uttara, Dhaka-1230) under your close supervision. your close supervision.
I believe that knowledge and experience I gathered during the internship period will be I believe that knowledge and experience I gathered during the internship period will be helpful in my future professional life. I will be grateful to you if you accept the report. I helpful in my future professional life. I will be grateful to you if you accept the report. I will be available for defense on this report at any
will be available for defense on this report at any time. time.
Your support in this regard will be highly
Your support in this regard will be highly appreciated. appreciated.
Thanking you.
Thanking you.
Sincerely yours Sincerely yours
Sk. Md. Maidul Hossain Sk. Md. Maidul Hossain ID:
ID: 10.01.02.010 10.01.02.010 25
25
ththBatch, Section A Batch, Section A
School of Business, AUST
School of Business, AUST
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Completion of this report has made me grateful to a number of persons. First of all I would like to acknowledge my supervisor and teacher Dr. Dipak Kanti Dutta not only for giving the opportunity to prepare the report but also for providing me a lot of support to improve the report. He was always available when I needed his help, suggestions and guidelines. I am also grateful to Mr. Abdul Hakim, Head of Human Resources, Al-Arafah Islami Bank Limited, for giving me the valuable opportunity to do my internship program and supporting me with knowledge and resources. I am also grateful to the entire Team Sonargaon Janapath Road Branch of Al-Arafah Islami Bank Limited as they had always been there for me when I needed them the most. Their active participation to all my questions, queries during my internship has made this journey a true success. Especially I want to thank my organizational supervisor Mr. Rubayet Ullah, Senior Principal Officer, SJRB. I would like to name here Mr. Md. Mainul Islam (Branch Manager), Mr. Md.
Anowarul Alim Khan (Second Officer), Mr. Tareq Pathan (Senior Executive Officer), Mr.
Prince Islam (Officer) & Mr. Neharuddin (Junior Officer). Thanks to all of them for providing valuable suggestions and information to prepare this report. It was my privilege
and I feel truly honored working with such a wonderful team.
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First of all I would like to be grateful to the Almighty Allah, the merciful & the benevolent that has enabled me to complete this report.
The internship, a part of the academic discipline, for the BBA students has been designed to acquire practical knowledge. It is expected that the integration of knowledge in theories and practices will enable us to become effective. Through this program, I have got the chance to acquire some experience in a reputed bank. Which is expected to enlighten my career.
It's really a great opportunity to have the chance to make a report on various aspects of the bank. I have chosen "Deposit and Investment Management of Al-Arafah Islami Bank Limited" as subject matter for my internship program due to personal curiosity & interest to achieve some practical knowledge about this sector. Besides this banking activity is much important for the economic development. Without bank it’s difficult to run financial activities or operation. So it’s normally claims a research on it for better understanding at present.
Finally, it is my earnest & sincere hope that this report on "Deposit and Investment Management of Al-Arafah Islami Bank Limited” would be found useful by the individuals.
I tried to make the report effective, informative and representative.
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I have prepared my internship report based on the three months long internship program that I had successfully completed in Al-Arafah Islami Bank Limited, Sonargaon Janapath Road Branch from 5/May/2014 to 5/Aug/2014 as a requirement of my BBA program in School of Business, Ahsanullah University of Science & Technology. My topic is Deposit and Investment Management of Al-Arafah Islami Bank Limited. In this report I described about Islamic concept about deposit and investment, available deposit and investment products of AIBL, condition of deposit and investment of the bank, and how they manage
their deposit and investment money. To describe these things I presented necessary table, graphs and exact figure of the money deployed in various sectors.
The first chapter shows different aspects of the report like a brief introduction, origin of the report, statement of the Issue, objectives, significance, methodology & limitations of the study. Second chapter shows a brief company overview. In this section different important data about Al-Arafah Islami Bank Limited is provided. Background, vision, mission, commitments, special features, product line, organogram of AIBL and some other necessary company related information is provided in this chapter.
The third chapter is about literature review. In this chapter I described the concepts of Islamic banking and basics about my internship report topic deposit and investment management under Islami Sharia.
The next two chapter is the most important chapter of this report. Chapter 4 describes
deposit management and Chapter 5 describes investment management of AIBL. I described
how the bank collect the money from different deposit source and allocate them to different
investment portfolio to earn profit. I showed current deposit and investment position of the
bank and some previous records. I also described Sharia concept about deposit and
investment of the bank. There is a detailed description about their deposit and investment
products so that their managing strategy could be understood more clearly.
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1.3 Statement of the Issue
This study titles “Deposit and Investment Management of Al-Arafah Islami Bank Limited”. It focuses on the current deposit and investment management system, deposit and investment evaluation method, strength and weaknesses of current deposit and investment strategy and future initiatives taken to improve the condition of deposit and investment management of Al-Arafah Islami Bank Limited.
1.4 Objectives of the Study
The main objective of the study is-
To provide a critical study about the deposit and investment management system of Al-Arafah Islami Bank Limited
Other secondary objectives are-
To fulfill academic requirement
To know the present status of total deposit and investment of AIBL
To focus on deposit and investment management practice in of AIBL
To identify the problems related to deposit and investment of AIBL
To provide some policy guidelines for improving deposit and investment management situation of AIBL
To match the theoretical knowledge with practical knowledge
To gain practical knowledge about corporate world
1.5 Significance of the Study
This internship report is an important partial requirement of four years BBA graduation
program. This is because knowledge and learning become perfect when it is associated
with theory and practice. By this internship program students can establish contacts and
networking. Contacts may help to get a job in practical life. That is, student can train and
prepare themselves for the job market. A developing country like Bangladesh has an
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overwhelming number of unemployed educated graduates. As they have no internship experience they have not been able to gain normal professional experience of establish networking system, which is important in getting a job. Therefore, it is obvious that the significance of internship is clearly justified as the crucial requirement of four years BBA graduation.
1.6 Methodology of the Study
1.6.1 Type of Research
The study is exploratory in nature. It gives an insight and comprehensiveness of the deposit and investment management and also the attributes that affects the profitability of the bank. To collect and analyze the information for this report, I have used both qualitative and quantitative research methods.
1.6.2 Data Collection Procedure
Different data and information are required to meet the goal of this report. Those data and information were collected from various sources, such as, primary and secondary which is showed below:
(a) Primary Sources of Data: Primary source of data are known as the data which are collected through observation and direct contact. They are not derived from any other sources. The primary data are the information collected during the internship period by the observation and involvement. Most of the primary data are collected through the following sources:
Day to day operation with staff of AIBL
Direct dealings with the customer in the bank
Personal involvements in the activities of bank
Observations of the bank and its environment
Daily activities during internship
(b) Secondary Sources of Data: The secondary data is one which has already
been collected by a source other than present investigator. Secondary data
include both raw data and published summaries. Documentary secondary data
