Term Paper on Islami Bank Limited

With the help of conclusions described in the last chapter, recommendations are developed and designed to present personal and independent point of view for the betterment and development of the organization. Recommendations are integral part of report and become imperative for internship report. Findings and Recommendations for MCB are as follows which will help the reader to understand all the aspects of the bank.

This paper will show the situational analysis of commonwealth bank, it also analysed the organisational structure and its strategies. Because every business needs to take some action that will help them keep a good position in the market, but before taken any action they have to do some research the find to cause of problem in order to identify the resolution. The results and useful information during this analysis will help the organisation to choose suitable strategies, develop that management strategies and improving the service operation, which is going to help them achieve their objectives. At the beginning it will be presented brief history of commonwealth bank and following by their operational service, problems

One common issue is that of data confidentiality. The researchers should try as hard as possible to ensure that study data is stored confidentially and

Conducting research on sensitive issues requires the research to take into consideration practical security techniques such as encrypting the already gathered information and data to avoid any leakage of the same (Mullen et al., 2016). Also, adhere to the state laws and regulations guiding the topic under research and finally, discuss in detail with the participants the confines of confidentiality of information and data gathered in the course of the

Confidentiality must be met in the storage, processing, and transmission of data in an organization. For example, we are going to look at a major recent data breach. On March 8, 2017, the US department of homeland security sent Equifax and notice to patch a vulnerability in versions of the Apache Struts software. On March 9, Equifax dispersed the information to applicable personnel. Although told to apply the patch, Equifax security team did not find

Considering the confidential nature of the industry within which Bank X operates, the author has made significant efforts in ensuring that respondents are approached in an appropriate way, through the correct channels of contacts and have been informed of the process of the way the confidential findings will be presented in the paper. When designing and conducting research the author has made an endeavour to ensure to prospective respondents that information will be processed in a confidential manner so as not to compromise them. Officially, the research project adopted the following set of rules outlining the responsibilities and practices for all individuals and organisations:

A bank is an institution that facilitates financial transactions between the parties. Amongst its standard operations are accepting deposits from the customers, lending money as loan (cite). The major source of income for banks is interest income which is earned on loans given to the customers, business firms and corporations. This very nature of it makes banking institutions so crucial for economic development of any country. Strong banking operations and fundamentals paves the way for higher customer and investor confidence in the company.

Regarding the profit margin, the ratio has decreased by a little bit more than 15% between the FY 2003, and the FY 2006. The decline of the return on sales can be explained by the fact that the company has chosen not to increase the price of its products

An Islamic financial institution such as financial banking has been established before two or three decades ago in the aim to provide satisfactory financial facilities to the interested parties as compared to conventional banks. In 1974 Dubai Islamic bank which is the first Islamic commercial bank was established and later Islamic Development Bank (IDB) has been established in 1975 (Hennie and Iqbal, 2008).

HBL was the first commercial bank established in Pakistan in 1947. Over the years, the bank has expanded its branch network and has become the largest private retail bank in terms of branches and deposits. Its customer base currently exceeds five million.

Islamic Banking is quite similar to a conventional bank. Only here the essential feature is that it is Interest Free i.e. it purely follows the Islamic law – Sharia’h (Rules) and guided by the Islamic Economics that forbids the both the payment and the receipt of Riba (Interest). The two main principles are basically Banks will share the Profit & Loss (enabling risk sharing) and disallow Interest in any form.

“Tawasul” Provide OMAN ARAB BANK target customers with a service that meet their wants and needs in order to build profitable relationship with them.

The first Islamic banking that established was Bank Islam Malaysia Berhad (BIMB) in July 1983 and was listed on the Main Board of the Kuala Lumpur Stock Exchange (now Bursa Malaysia Bhd) on 17 January 1992. Products that offered by BIMB includes deposit-taking instruments such as current and savings deposit, which fall under the contract of Al-Wadiah Yad Dhamanah (guaranteed custody) and investment deposits under the contract of Al-Mudharabah (profit sharing). Other than that, the bank also grants financing facilities such as working capital financing under Al-Murabahah (cost-plus), house financing under Bai’ Bithaman Ajil (deferred payment sale), leasing under Al-Ijarah and also project financing under Al-Musyarakah (profit and loss

AB bank limited first started on line banking service in Dhaka city. After that all branches of AB bank started online banking service. By flowing AB bank limited, now all private commercial banks are providing any branch banking service by online banking technology. On line banking is one of most important service of commercial bank. All commercial banks in Bangladesh trying to improve their service by using modern technology like online banking. And time to time they are improving their performance in different parts of banking. Commercial banks are generating more revenue and deposit, providing more advance, generating more assets and maximizing equity. All of these are possible for efficient and faster

The Premier Group (“Group”) has nationwide industrial and trading ventures in each province backed by supporting network of offices in the business areas of Mardan, Lahore, Islamabad and Karachi. The Group’s history goes back to early 60s with the start of Premier Sugar Mills & Distillery Company Limited as the largest sugar factory in Asia. Mir Afzal Khan (late) was the founder Chairman of this Group. After the demise of Mir Afzal Khan, his brother Mr. Aziz Sarfaraz Khan managed the affairs of the Group entities. This Group diversified its portfolio with the addition of a Packaging Company by the name of Syntron (Pvt.) Limited (“SL”) in 1990 and thereafter, converted into a Public Limited Company in 1991. The purpose of this company was to prepare polypropylene bags for the fertilizer, feeds and sugar industry. The Group commissioned another unit of sugar mill named CSML i.e. the proposed Company, in D.I. Khan. CSML has an installed crushing capacity of 20,000 tons (pre-BMR sugarcane per day) and is the biggest amongst the Group units’ production wise. In 1998, Mr. Abbas Sarfaraz Khan (CEO of SL) joined family business and with the active involvement of Mr. Iskander M. Khan and established Syntronics Limited for manufacturing of high quality polypropylene bags mainly for cement