Internship Ibbl

8/13/2019 Internship Ibbl

1/84

Investment and Foreign Exchange operation of

Islami Bank Bangladesh Limited (IBBL)

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Table of Contents:

LIT !F IL"T#$TI!%LIT !F IL"T#$TI!%&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&& ''EEEC"TIEEC"TIE"**$#+"**$#+&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&& ,,$C-%!.LE/0E*E%T$C-%!.LE/0E*E%T&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&& 11

C2$3TE# !%E: I%T#!/"CTI!%:C2$3TE# !%E: I%T#!/"CTI!%:&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&& 441.1 PURPOSE........................................................................................................................6

1.2 SCOPE:............................................................................................................................6

1.4 METHODS OF DATA COLLECTION..........................................................................8The study s !e"#$"%ed &'sed $( the (#$"%'t$( e)t"'*ted #"$% d##e"e(t s$u"*es *$++e*ted

&y us(, ' s!e*#* %eth$d$+$,y. Ths "e!$"t s '('+yt*'+ ( ('tu"e. The %eth$d$+$,y s...8

1.- LIMITATION OF THE STUD:..................................................................................../ &&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&& 55C2$3TE# T.!: 3#!FILE !F IBBLC2$3TE# T.!: 3#!FILE !F IBBL&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&& 67678&6 I%T#!/"CTI!%:8&6 I%T#!/"CTI!%:&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&& 6767

A('+yss:..........................................................................................................................40

I(est%e(t ( D##e"e(t M$de: ........................................................................................40T'&+e: A%$u(t ( %++$( T3.. .40

&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&& ,9,9

C2$3TE#F!"#: F!#EI0% EC2$%0E !3E#$TI!%C2$3TE#F!"#: F!#EI0% EC2$%0E !3E#$TI!%&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&& ,9,9!F IBBL!F IBBL &&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&& ,9,9

4.2 FOREI5N ECHAN5E:..............................................................................................484.7 Fu(*t$(s $# F$"e,( E)*h'(,e De!'"t%e(t:................................................................4/

E)!$"ts:................................................................................................................................4/

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;ee!(, '+$$# the%se+es #"$% &'(3(, Mus+%s &e,'( t$ +$ss the" %'"3et ( the $"+d

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de&t t$ he" *'( $(+y &e ,"'te#u++y '*3($+ed,ed &ut *'( (ee" &e *$%!e(s'ted.

L'st &ut ($t +e'st th'(3s t$ Md. ;'s'" U+ A+'% *e P"esde(t M$h'%%e'd A3hte"

H$sse( Se($" !"(*!'+ O##*e" Md. O%'" F'"u3 !"(*!'+ O##*e" R$Bu+ Is+'% Assst'(t

O##*e" A"#u" R'h%'( O##*e" '(d $the" $##*'+s $# I99L #$" the" *$%%e(ts

'ssst'(*e. I e)!"ess %y dee!est se(se $# "e,'"ds '(d ,"'ttude t$ the%.

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Ee"y '*tty s d"e*ted t$ '*hee s$%e s!e*#* !u"!$se. Ths I(te"(sh! Re!$"t '+s$se"es s$%e s!e*#* !u"!$ses. The %'( !u"!$ses $# ths study '"e %e(t$(ed &e+$:

T$ u(de"st'(d '(d '('+yBe the Is+'%* 9'(3(, syste% $# 9'(,+'desh '(d ts !$+*es

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the e*$($%y.

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"e%tt'(*es th"$u,h Is+'% &'(3 9'(,+'desh Ltd.

T$ 3($ h$ t$ %'3e (est%e(t &y I99L u(de" d##e"e(t %$des

6&8 C!3E:

The s*$!e $# ths "e!$"t s '('+yt*'+. Ths "e!$"t %'(+y #$*uses $( the (est%e(t '(d#$"e,( e)*h'(,e $!e"'t$( $# I99L Ths "e!$"t *$e"s the det'+s ds*uss$( $# (est%e(t

$!e"'t$( $# I99L. I%!$"t E)!$"t &us(ess !"$*edu"es $# I99L '"e '+s$ ds*ussed ( ths

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CHAPTER TO: PROFILE OF I99L

2.1 INTRODUCTION:

Is+'% &'(3 9'(,+'desh L%ted I99L 's est'&+shed ( 1/87 th ' e t$ *$(du*t(,

ts &'(3(, '*ttes &'sed $( the !"(*!+e $# Is+'%* Sh'"'h. I( 1/80 O"e(t'+ 9'(3 A+s Ce(t"'+ 9'(3 se(t ' "e!"ese(t'te

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e"e "e(#$"*ed &y ' (u%&e" $# Mus+% e(t"e!"e(eu"s $"3(, u(de" the su!!$"t $# the the(

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est'&+shed ( the *$u(t"y. S$%e t"'dt$('+ &'(3s $!e(ed Is+'%* &'(3(, &"'(*hes ( s$%e

%'?$" *tes.

8&, *anagement of IBBL:

A 9$'"d $# D"e*t$"s *$(ssts $# 17 d"e*t$"s th$se '"e e+e*ted #"$% the #$"e,(e"s '(d +$*'+

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$# D"e*t$"s #$"%s '( E)e*ute C$%%ttee #$" s%$$th '(d e##*e(t $!e"'t$(s $# the 9'(3

11


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E)e*ute C$%%ttee *$(ssts the %e%&e"s $# the 9$'"d. 9esdes ' M'(',e%e(t *$%%ttee

*$(sst(, $# the se($" e)e*utes he'ded &y the *he# e)e*ute +$$3s '#te" the '*tu'+

$!e"'t$(s $# the 9'(3.

8&1 !#0$%I=$TI!%$L T#"CT"#E !F IBBL:

12

E)e*ute P"esde(t EP

De!uty E)e*ute P"esde(t DEP

E)e*ute *e P"esde(t EP

Se($" *e P"esde(t SP

*e P"esde(t P

Se($" P"(*!'+ O##*e" SPO

Assst'(t *e P"esde(t AP

P"(*!'+ O##*e" PO

Se($" O##*e" SO

O##*e"

P"$&'t$('"y O##*e"

Assst'(t O##*e" 5"'de < I

Assst'(t O##*e" 5"'de < II

Assst'(t O##*e" 5"'de < III


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8&4 *ission of IBBL:

T$ est'&+sh Is+'%* 9'(3(, th"$u,h the (t"$du*t$( $# ' e+#'"e $"e(ted &'(3(, syste%

'(d '+s$ e(su"e eJuty '(d ?ust*e ( the #e+d $# '++ e*$($%* '*ttes '*hee &'+'(*ed

,"$th '(d eJut'&+e dee+$!%e(t th"$u,h de"s#ed (est%e(t $!e"'t$(s !'"t*u+'"+y (

the !"$"ty se*t$"s '(d +ess dee+$!%e(t '"e's $# the *$u(t"y. T$ e(*$u"',e s$*$


14/84

I(est%e(t (*$%e $# the 9'(3 s sh'"ed th the Mud'"'&' de!$st$"s '**$"d(,

t$ ' "'t$ t$ e(su"e ' "e's$('&+e #'" "'te $# "etu"( $( the" de!$st$"s.

Its '%s '"e t$ (t"$du*e ' e+#'"e


15/84

C2$3TE# T2#EE:

I%ET*E%T $CTIITIE !F IBBL

C$(e(t$('+ '(d Is+'%* &'(3 $!e"'te t$ e'"( !"$#t &ut they d##e" ( the 'y $# $!e"'t$(.

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%$st !$e"#u+ *$(t"'d*t$( &etee( the%. Is+'%* 9'(3 d$es ($t (est ( +$'(s '(d #)ed

(te"est se*u"tes. It *'( (est ( $"d('"y sh'"e $(+y h+e (te"est &'sed &'(3 *'( (est (

+$'(s '(d d##e"e(t 3(ds $# se*u"tes. Is+'% 9'(3 est'&+shes '(d !'"t*!'te !"$?e*ts th

ts *+e(t 's ' !'"t(e" '(d &e'"s the "s3 '+$(, th the *+e(t $( ' !"$!$"t$('te &'ss. The

&'(3 t'3es de!$sts '(d (ests the s'%e &'sed $( the !"$#t


16/84

T$ de"s#y ts (est%e(t !$"t#$+$ &y sBe $# (est%e(t !$"t#$+$ &y se*t$"s Pu&+*

P"'te &y e*$($%* !u"!$se &y se*u"tes '(d &y ,e$,"'!h*'+ '"e' (*+ud(,

(dust"'+ *$%%e"*'+ ',"*u+tu"'+.

T$ e(su"e %utu'+ &e(e#t &$th #$" the &'(3 '(d the (est%e(t *+e(t &y !"$#ess$('+

'!!"'s'+ $# (est%e(t !"$!$s'+s ?ud*$us s'(*t$( $# (est%e(t *+$se '(d

*$(st'(t su!e"s$( '(d %$(t$"(, the"e$#.

T$ %'3e (est%e(t 3ee!(, the s$*$ e*$($%* "eJu"e%e(t $# the *$u(t"y ( e.

T$ (*"e'se the (u%&e" $# !$te(t'+ (est$"s &y %'3(, !'"t*!'t$"y '(d !"$du*te

(est%e(t.

T$ #('(*e '"$us dee+$!%e(t s*he%es #$" !$e"ty '++e't$( (*$%e '(d

e%!+$y%e(t ,e(e"'t$( th ' e t$ '**e+e"'te sust'('&+e s$*$


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De"s#ed (est%e(t !$"t#$+$: De"s#*'t$( &y sBe se*t$" ,e$,"'!h*'+ '"e'

e*$($%* !u"!$se se*u"tes '(d %$de $# (est%e(t.

P"e#e"e(*e t$ sh$"t


18/84

E)te(s$( $# (est%e(t t$ &'*3'"d 's e++ 's #$"'"d +(3',e (dust"es.

E)te(s$( $# (est%e(t t$ "e'+ Est'te Se*t$".

E)te(s$( $# (est%e(t t$ ute se*t$" !'"t*u+'"+y #$" t"'d(, '(d e)!$"t !u"!$se.

St"e(,the((, su!e"s$( *$(t"$+ '(d %$(t$"(, %e*h'(s%.

T"'((, '(d %$t't$( $# %'(!$e" t$ h'(d+e (*"e'sed '(d de"se $+u%e $#

(est%e(t s.

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(est%e(t !"$!$s'+s.

Ad'!t't$( $# %$de"( te*h($+$,y

'&, teps in Investment !perations:

Induction of client:

P"e+%('"y ds*uss$( th the !"$s!e*te *+e(t "e,'"d(, hs (est%e(t (eeds

&us(ess e)!e"e(*e '&+ty $# the !"$?e*t '(d Sh'"'h !e"%ss&+ty $# the 'ssets

the &us(ess '(d the uses $# the 'ssets.

9"e# h% $( the s'+e(t #e'tu"es $# H"e Pu"*h'se u(de" Sh"3'tu+ M+3 %$de $#

I(est%e(t. A!!"se ( !'"t*u+'" the usu'+ te"%s '(d *$(dt$(s u(de" h*h the

9'(3 %'de su*h (est%e(t. Ds*uss '&$ut C+e(t>s eJuty !'"t*!'t$( '(d ts

%%ed'te ''+'&+ty.

L$$3 t$ the !'st !e"#$"%'(*e $# the C+e(t Che*3


19/84

Application:

O&t'( '!!+*'t$( ( t"!+*'te #"$% the *+e(t $# F


20/84

hethe" the !"*e $# the 'sset s su&?e*t t$ #"eJue(t '(d $+e(t *h'(,es.

hethe" the 'sset s ($(s st$*3 ( T"'de$"3

I(su"'(*e !$+*y I# st$"ed ( C+e(t>sP'"ty>s 5$d$(y'"d u(de" 9'(3>s e##e*te

*$(t"$+ du+y "e*$"ded ( (su"'(*e "e,ste".

Lette" $# ,u'"'(tee.

9'+'(*e *$(#"%'t$( +ette".

2=


21/84

Lette" $# (st'++%e(ts.

Lette" $# Ds&u"se%e(t.

I# the (est%e(t s %'de *$++'te"'++y se*u"ed &y M$"t,',e $# !"$!e"ty $&t'( the #$++$(,

d$*u%e(ts:

I( *'se eJut'&+e %$"t,',e Me%$"'(du% $# De!$st $# Tt+e Dee! MDTD s,(ed

&y the $(e" $# the !"$!e"ty.

I( *'se $# Le,'+ M$"t,',e Re,ste"ed M$"t,',e Deed sh$u+d &e $&t'(ed.

Pe"s$('+ 5u'"'(tee $# the $(e"s $# the !"$!e"ty $(.

O",('+ Tt+e Deeds th CS RS SA Mut't$( P'"*h' DCR $# the !"$!e"ty '(d

Mut't$( "e*$"d.

U!


22/84

Lette" t$ the *$(*e"(ed C$%!'(y t$ "e,ste" L(e ( 9'(3>s #'$". Ths ($t*e sh'++

&e se(t &e "e,ste"ed '*3($+ed,e%e(t due !$st "e,ste"ed AD !$st '(d

*$(#"%'t$( $# "e*$"d(, the L(e sh'++ &e $&t'(ed #"$% the *$(*e"(ed *$%!'(y.

Lette" $# 'uth$"ty ( 9'(3>s #'$" du+y s,(ed &y the sh'"eh$+de".

I( *'se $# (est%e(t t$ P"'te $" !u&+* L%ted C$%!'(y $&t'( the #$++$(, 'ddt$('+

d$*u%e(t:

O&t'( *e"t#ed *$!y $# the Me%$"'(du% '(d A"t*+es $# Ass$*'t$( $# the

*$%!'(y t$ e(su"e th't the *$%!'(y h's (e*ess'"y !$e" t$ &$""$''+ (est%e(t

#"$% '(y 9'(3.

Res$+ut$( $# the &$'"d D"e*t$"s $# the C$%!'(y t$ ''+

I(est%e(tF'*+ty9$""$ d$ 9us(ess th I99L '(d 'uth$"B(, the $##*e

&e'"e"s t$ e)e*ute (e*ess'"y D$*u%e(ts.

Pe"s$('+ 5u'"'(tee $# the D"e*t$"s $# the C$%!'(y.

I# the (est%e(t s '++$ed $( Hy!$the*'t$( $# 'ssets.

Ce"t#*'te ssued &y the "e,st"'" $# $(t St$*3 C$%!'(es u(de" se*t$( 114 $# The

C$%!'(es A*t


23/84

Pe"s$('+ ,u'"'(tee $# '++ the %e%&e"s $# the &$'"d $# t"ustees %ust &e $&t'(ed.

I( *'se $# (est%e(t t$ *$


24/84

0

10000

20000

30000

40000

50000

60000

70000

80000

2001 2002 2003 2004 2005 2006

Investment

'&1 Investment Instr;ment of IBBL:

I99L (ests %$(ey ( '"$us se*t$"s $# the e*$($%y th"$u,h d##e"e(t %$des !e"%tted &y

Sh'"'h '(d '!!"$ed &y the 9'(,+'desh 9'(3. The %$des $# (est%e(t '"e ds*ussed

&e++$:

A. Profit & Loss haring !ode

Mud'"'&': It s ' #$"% $# !'"t(e"sh! he"e $(e !'"ty !"$des the #u(d h+e the $the"

!"$de the e)!e"tse +'&$" '(d the +ette" "e#e""ed t$ 't the Mud'"'&' '(y !"$#ts '**"ued '"e

sh'"ed &etee( the t$ !'"tes $( ' !"e ',"eed &'ss h+e *'!t'+ +$ss ( e)*+use+y &$"(

&y the !'"t(e" !"$d(, the *'!t'+.

Mush'"'3'h: The te"% Sh"3't '(d Mush'"'3' h'e &ee( de"ed #"$% A"'&* $"ds

KSh'"3'h@ '(d KSh'"3'.@ The $"d sh"3'h %e'(s ' !'"t(e"sh! &etee( %$"e th'( $(e

!'"t(e". Thus the '"d KMush'"'3'@ '(d KSh"3't@ %e'(s ' !'"t(e"sh! est'&+shed &etee(

t$ $" %$"e !'"t(e"s #$" !u"!$se $# ' *$%%e"*'+ e(tu"e !'"t*!'te &$th ( the *'!t'+ '(d

%'(',e%e(t he"e the !"$#t %'y &e sh'"ed &etee( the !'"t(e"s 's !e" ',"eed u!$( "'t$

'(d the +$ss. I# '(y (*u""ed s t$ &e &$"(e &y the !'"t(e"s 't !e" *'!t'+ LeJuty "'t$.

". "ai !ode

9'


25/84

d't' ( +u%! su% $" &y (st'++%e(ts. The %'"3ed u! !"$#t %'y &e #)ed ( +u%! su% $" (

!e"*e(t',e $# the *$st !"*e $# the ,$$ds.

9'


26/84

su*h ' %'((e" th't the &'(3 ,ets &'*3 ts !"(*!'+ su% '+$(, th s$%e !"$#t h*h s

usu'++y dete"%(ed ( 'd'(*e.

%ire Purchase under hiratul !el$H"e Pu"*h'se u(de" Sh"3'tu+ Me+3 s ' S!e*'+ ty!e $#

*$(t"'*t th't h's &ee( dee+$!ed th"$u,h !"'*t*e. A*tu'++y t s ' sy(thess $# th"ee *$(t'*ts:

Sh"3'tu+ Me+3: Sh"3't %e'(s !'"t(e"sh!. Sh"3'tu+ Me+3 %e'(s sh'"e ( $(e"sh!.

he( t$ $" %$"e !e"s$(s su!!+y eJuty !u"*h'se '( 'sset $( the s'%e ?$(t+y '(d sh'"e

the &e(e#t 's !e" ',"ee%e(t '(d &e'" the +$ss ( !"$!$"t$( t$ the" "es!e*te eJuty the

*$(t"'*t s *'++edSh"3'tu+ Me+3 *$(t"'*t.

I?'"'h: The te"% I?'"'h h's &ee( de"ed #"$% the A"'&* $"ds A" '(d U?"'t h*h

%e'(s *$(sde"'t$( "etu"( ',es $" "e(t. Ths s "e'++y the e)*h'(,e '+ue $"*$(sde"'t$( "etu"( ',es "e(t $# se"*e # '( 'sset. I?'"'h h's &ee( de#(ed 's ' *$(t"'*t

&etee( t$ !'"tes the H"ee '(d H"e" he"e the H"e" e(?$ys $" "e'!s ' s!e*#* se"*e $"

&e(e#t ','(st ' s!e*#ed *$(sde"'t$( $" "e(t #"$% the 'sset $(ed &y the H"ee. It s ' h"e

',"ee%e(t u(de" h*h the H"ee t$ ' H"e" ','(st #)ed "e(t $" "e(t'+s h"es $ut ' *e"t'(

'sset #$" ' s!e*#ed !e"$d.

S'+e: Ths s ' s'+e *$(t"'*t &etee( ' &uye" '(d ' se++e" u(de" h*h the $(e"sh! $#

*e"t'( ,$$ds $" 'sset s t"'(s#e""ed &y se++e" t$ the &uye" ','(st ',"eed u!$( !"*e !'d t$

&e !'d &y the &uye".

Thus ( H"e !u"*h'se u(de" Sh"3'tu+ Me+3 %$de &$th the 9'(3 '(d the

C+e(t su!!+y eJuty ( eJu'+ $" u(eJu'+ !"$!$"t$( #$" !u"*h'se $# '( 'sset +3e +'(d

&u+d(, '(d %'*h(e"y t"'(s!$"t et*.

*ode Aise investment:

26


27/84

Modewise Investment of IBBL

55.01%30.77%

7.56%

3.18%

2.23%

1.06%

0.13%

0.04%

0%

Bai-Murabaha

HPSM

Bai-MuajjalPurchase & Ne!"ia"i!#

$uar--Hasa#a

Bai-Sala'

Muaraba

Mushara(a

)"hers

Investment ectors:

ector Aise Investment '6688774

ector $mo;nt (million Tk&) of total Investment

I(dust"'+ 62642.1= --.1-

C$%%e"*'+ 28/87.8= 2-.-2

Re'+ Est'te 87-0.8= 0.76

A,"*u+tu"e -8/=.== -.1/T"'(s!$"t 2022.4= 2.4=

Othe"s 4/08./0 4.78

Total 677&77

20

*!''erce +ra#s,!r" )"hers0.00%

10.00%

20.00%

30.00%

40.00%

50.00%

+rae eal

s"a"e

ricul"ure

Sector wise Investment of IBBL

+rae

*!''erce

eal s"a"e

+ra#s,!r"

ricul"ure

)"hers


28/84

'&4 3ECI$L I%ET*E%T C2E*E !F IBBL:

'&4&6 2o;sehold /;rable Investment cheme:

I( ' dee+$!(, *$u(t"y +3e 9'(,+'desh !e$!+e $# %dd+e '(d +$e" *+'ss es!e*'++y se"*e

h$+de"s th +%ted (*$%e #(d t d##*u+t t$ !u"*h'se '"t*+es +3e "e#",e"'t$" te+es$(

*$t A+%"'h 'd"$&e s$#'


29/84

I(est%e(t *+e(ts $# I99L.

De!$st *+e(t $# I99L.

Mode of Recovery:

The 9'(3>s (est%e(ts '(d !"$#t the"e$( sh'++ &e "e*$e"ed ( 24 %$(th+y

(st'++%e(ts th( ' !e"$d $# 2 t$ ye'"s.

The %$(th+y (st'++%e(t sh'++ &e !'y'&+e &y the #"st ee3 $# ee"y %$(th. The #"st

(st'++%e(t sh'++ &e due #$" !'y%e(t ( the #"st ee3 $# the su&seJue(t %$(th $# the

ds&u"se%e(t de+e"y $# ,$$ds'"t*+es.

(Taka in million)

3artic;lars 8776 8778 877' 877, 8771 8774

H$useh$+d Du"'&+e S*he%e86-./ 886.0/ /1=./1 808.06 082.=

/

808.06

,&4&8 2o;sing Investment cheme

O(e $# the &'s* hu%'( (eeds s t$ h'e ' h$use t$ +e (. A h$use s '( '&$de $# !e'*e '(d

h'!!(ess. H$us(, h's ($ &e*$%e '( '*ute !"$&+e% ( the *$u(t"y es!e*'++y ( the

t$(s *tes '(d %et"$!$+s. th the" +%ted (*$%e t h's &e*$%e '+%$st %!$ss&+e $(

the !'"t $# the +$e" %dd+e *+'ss %dd+e *+'ss '(d s$%et%es ee( #$" u!!e" %dd+e *+'ss

t$ s$+e the" h$us(, !"$&+e%. T$ %eet ths &'s* hu%'( (eed Is'+% 9'(3 9'(,+'desh

L%ted s *$%%tted t$ *$(t"&ute t$ ths e(d t$ !"$de ' !e'*e#u+ '(d h'!!y +(,. The

2/

Trend of Houseo!d "ur#$!e Sceme

0

200

400

600

800

1000

2001 2002 2003 2004 2005 2006%e#r

T &'(i n m i!

!')


30/84

9'(3 h's (t"$du*ed KH$us(, I(est%e(t S*he%e@ th the $&?e*te t$ e'se '(d %(%Be

the h$us(, !"$&+e% '(d 'ssst se"*e h$+de"s '(d !"$#ess$('+s th +%ted (*$%e (

%'te"'+B(, the" d"e'% $# &e*$%(, $(e" $# h$us(,.

Eligibility:I(t'++y the #$++$(, *'te,$"es $# !e$!+e sh'++ &e e+,&+e t$ '!!+y #$" ''+(, (est%e(t

#'*+tes u(de" ths S*he%e: O##*'+s $# the De#e(se F$"*es Pe"%'(e(t O##*'+s $#

5$e"(%e(t Se%s $( +'(d $" #$" e)te(s$( $# the

e)st(, h$use the '+u't$( $# the 9'(3 's "e,'"ds *+e(t>s (est%e(t sh'++ &e

*$(sde"'t$( #('+.

The *+e(t sh'++ h'e t$ su&%t t$ the 9'(3 the *$(st"u*t$( !+'( '!!"$ed &y the

*$%!ete(t 'uth$"ty '(d '+s$ the "eJu"ed !e"%ss$( t$ %$"t,',e the !"$!e"ty he"e

(e*ess'"y.

The *+e(t %ust e)e*ute '++ (e*ess'"y d$*u%e(ts (*+ud(, %$"t,',e deed '(d

*$%!+ete '++ (e*ess'"y d$*u%e(t't$( #$"%'+tes t$ ''+ the (est%e(t. Re+'ted

7=


31/84

d$*u%e(ts $# %$"t,',e ',"ee%e(t $# s'+e '(d $the" d$*u%e(ts %ust &e etted &y the

!e('+ +'ye" $# the 9'(3.

Recovery of Ban!s Investment:

The *+e(t sh'++ h'e t$ !'y the 9'(3>s dues &y %$(th+y (st'++%e(t %%ed'te+y '#te" thee)!"y $# the !e"$d $# *$(st"u*t$(.

The 9'(3 sh'++ "e'+Be the '%$u(t $# %$(th+y (st'++%e(t &y de!$st(, the *heJue $# '

!'"t*u+'" %$(th $( the #"st ee3 $# ee"y %$(th.

The *+e(t sh'++ h'e t$ e)e*ute ""e$*'&+e !$e" $# 'tt$"(ey ( #'$" $# the 9'(3

'uth$"B(, the 9'(3 t$ *$++e*t %$(th+y "e(t #"$% the te('(ts (*'se $# #'+u"e $# the

*+e(t t$ !'y the %$(th+y (st'++%e(t.

(Taka in million)

3artic;lars 8776 8778 877' 877, 8771 8774

H$us(, I(est%e(t S*he%e 4//.- -/0.64 661.-6 602.1= 6=/.08 -=6.0-

Trend of Housin* Investment Sceme

0

100

200

300

400

500

600

700

1/// 2000 2001 2002 2003

%e#r

T+

(inmi!!i

'&4&' #eal Estate investment 3rogram:

P"$#ess$('+s Se"*e


32/84

Trend of ,e#! -st#te Investment

0

1000

2000

3000

4000

1/// 2000 2001 2002 2003

%e#r

T+(inmi!!ion)

'&4&, Transport investment 3rogram

The "$+e %$de"( *$%%u(*'t$( s %$st t'+ #$" the s$*$


33/84

A%&u+'(*e.

'te" t"'(s!$"t

.3eriod of Investment:M')%u% 7 ye'"s #"$% the d'te $# de+e"y $# the eh*+e.

*ode of disb;rsement:

9'(3>s s'(*t$(ed '%$u(t sh'++ &e ds&u"sed d"e*t+y t$ the su!!+e" $# the eh*+es.

The *+e(t sh'++ h'e t$ *$%!+ete '++ d$*u%e(t't$( #$"%'+tes (*+ud(, %$"t,',e $#

!"$!e"ty &e#$"e ds&u"se%e(t $# the 9'(3>s (est%e(t.

The *$st $# *h'sss '(d &$dy&u+d(, sh'++ &e t'3e( (t$ *$(sde"'t$( ( 's*e"t'((,

the !"*e.

#ecover< of BankDs Investment

The *+e(t sh'++ h'e t$ "e!'y the dues t$ the 9'(3 ( %$(th+y (st'++%e(t st't(,

%%ed'te+y '#te" the e)!"y $# the ,est't$( !e"$d #)ed &y the 9'(3. The 9'(3 sh'++ *$++e*t the %$(th+y (st'++%e(t $# ' !'"t*u+'" %$(th th"$u,h

e(*'sh%e(t $# the *heJue ( the #"st ee3 $# the *$(*e"(ed %$(th.

I# ' *+e(t #'+s t$ !'y 7 *$(se*ute (st'++%e(ts the 9'(3 *'( t'3e &'*3 the

!$ssess$( $# the eh*+e #"$% the *+e(t '(d se++ $" t"'(s#e" t t$ '($the" *+e(t.

T'3' ( %++$(

3artic;lars 8776 8778 877' 877, 8771 8774

T"'(s!$"t I(est%e(t

S*he%e

140.-= 1822.78 2711.6= 2442.16 2/40.78 26/8.8

77


34/84

Trend of Tr#ns.ort Investment

Sceme

0

500

1000

1500

2000

2500

1/// 2000 2001 2002 2003

%e#r

T&'(

inmi!!

'&4&1 Car Investment cheme

Is+'% 9'(3 &e(, '(d e+#'"e $"e(ted &'(3(, (sttut$( h's ($ de,(ed '(d

%!+e%e(ted ' ,$$d (u%&e" $# (est%e(t s*he%es 3ee!(, ( e the (eeds $# d##e"e(t

se*t$"s '(d '"$us se*t$(s $# the !e$!+e #$" the" s$*$ #$" the %d '(d h,h "'(3(, $##*'+s $# ,$e"(%e(t '(d se%mall B;siness Investment cheme

The 9'(3 t$ %'3e e##e*te *$(t"&ut$( ( ths "es!e*t h's t'3e(

t%e


39/84

T'3' ( %++$(

3artic;lars 8776 8778 877' 877, 8771 8774

S%'++ 9us(ess I(est%e(tS*he%e 244.1= 72-.=6 7/-.0- -=1.26 62/.81 068.4-

Trend of Sm#!! Business Investment

Sceme

0

50

100

150

200

250

300

350

400

450

1/// 2000 2001 2002 2003

%e#r

T&'(

inmi!!')

'&4&9 $gric;lt;re Implements Investment cheme

Is+'% 9'(3 9'(,+'desh L%ted s ' e+#'"e $"e(ted 9'(3. It *'( !+'y !$ste '(d

%!$"t'(t "$+e ( the e*$($%* dee+$!%e(t !"$,"ess '(d u!+#t $# the *$u(t"y &y (est(,

( the ',"*u+tu"e se*t$". The 9'(3 h's the"e#$"e (t"$du*ed K A,"*u+tu"e I%!+e%e(ts

I(est%e(t S*he%e@ t$ !"$de !$e" t++e"s !$e" !u%!s sh'++$ tu&e e++s th"'she"

%'*h(e et*. $( e'sy te"%s t$ the u(e%!+$yed y$uths #$" se+#


40/84

Eligibilit< of Investment Clients:

Edu*'ted $" h'+#


41/84

,&'&5 *icro Ind;stries Investment cheme

Is+'% 9'(3 9'(,+'desh Ltd. h's &ee( '!!"e*'&+y !'"t*!'t(, ( ths d"e*t$( &y #('(*(,

(dust"'+ se*t$". th ' e t$ *"e't(, de" &'se #$" (dust"es the 9'(3 h's de*ded t$

+'u(*h KM*"$ I(dust"es I(est%e(t S*he%e@ th"$u,h ts 9"'(*hes. Ths s*he%e h's &ee(

desed t$ *'te" t$ the (est%e(t (eeds $# th$se !e"s$(s h$ (te(d t$ set


42/84

ectors of Investment

D##e"e(t se*t$"s (*+ud(, #$$d '(d ',"*u+tu"e &'sed (dust"es !+'st* "u&&e" (dust"es

#$"est"y '(d #u"(tu"e (dust"es e(,(ee"(, (dust"es +'the" (dust"es *he%*'+ (dust"este)t+e (dust"es "e*y*+(, (dust"es se"*e (dust"es e+e*t"*'+ '**ess$"es (dust"es

*$%!ute" te*h($+$,y (dust"es !'!e" !"$du*ts (dust"es h'(d*"'#t (dust"es #she"y

+est$*3 #'"%(, h$++$ &"*3s "$$# t+es '(d '(y $the" '&+e %*"$


43/84

Trend of Micro Industr Investment

Sceme

0

2

4

6

810

12

2000 2001 2002 2003

%e#r

T&'(

inmi!!')

'&4&67#;ral development cheme

. Is+'% 9'(3 9'(,+'desh L%ted h's &ee( #$u(ded th the %'?$" $&?e*te $# est'&+sh(,

Is+'%* e*$($%y #$" &'+'(*ed e*$($%* ,"$th &y e(su"(, "edu*t$( $# "u"'+


44/84

Desttute $%e( '(d dst"essed !e$!+e ++ &e !"$ded (est%e(t #$" %++s

*$s!$u+t"y &"dsdu*3s,$'ts et*. '(d $the" sut'&+e $##


45/84

I( *'se $# $##


46/84

Re'+ Est'te I(est%e(t !"$,"'% 2264.7- 7418.8- 4017.0= -8-/.0- 6-82.8-

Fig: !;tstanding amo;nt of investment as at the


47/84

$nal


48/84

C2$3TE#F!"#: F!#EI0% EC2$%0E !3E#$TI!%

!F IBBL

4.1 I(t"$du*t$(:

F$"e,( t"'de s ' &us(ess '*tty h*h t"'(s*e(ds ('t$('+ &$u(d'"es. These %'y &e$**u""ed &etee( t$ !'"tes $" ,$e"(%e(ts. T"'des '%$(, ('t$(s '"e ' *$%%$(

$**u""e(*e '(d ($"%'++y &e(e#ts &$th the e)!$"te" '(d %!$"te" ( %'(y *$u(t"es

(te"('t$('+ t"'de '**$u(ts #$" %$"e th'( 2= $# the" ('t$('+ (*$%es.

F$"e,( t"'de *'( usu'++y &e ?ust#ed $( the !"(*!+e $# *$%!'"'te 'd'(t',e '**$"d(, t$

ths e*$($%* !"(*!+e. It s e*$($%*'++y !"$#t'&+e #$" ' *$u(t"y t$ s!e*'+Be ( the

!"$du*t$( $# th't *$%%$dty ( h*h the !"$du*e" *$u(t"y h's the ,"e'te" *$%!'"'te

'd'(t',e '(d t$ '++$ the $the" *$u(t"y t$ !"$du*e th't *$%%$dty ( h*h t h's the +esse"

*$%!'"'te 'd'(t',e. It (*+udes the s!e*t"u% $# ,$$ds se"*es (est%e(t te*h($+$,y

t"'(s#e" et*. ths t"'de '%$(, '"$us *$u(t"es !'uses #$" *+$se +(3',e &etee( the !'"tes

de'+(, th t"'de. The &'(3 h*h !"$des su*h t"'(s'*t$('+ t"'de de%'(ds ' #e $#

,$$ds #"$% se++e" t$ &uye" '(d $# !'y%e(t #$"% &uye" t$ se++e". A(d ths #+$ $# ,$$ds '(d

!'y%e(t '"e d$(e th"$u,h +ette" $# *"edt LC.

,&8 F!#EI0% EC2$%0E:

As %$"e th'( $(e *u""e(*y s ($+ed ( #$"e,( t"'de t ,es "se t$ e)*h'(,e $#

*u""e(*es h*h s 3($( 's #$"e,( e)*h'(,e. The te"% KF$"e,( E)*h'(,e> h's th"ee

!"(*!'+ %e'((,s. F"st+y t s ' te"% used "e#e""(, t$ the *u""e(*es $# the $the" *$u(t"es

( te"%s $# '(y s(,+e $(e *u""e(*y. T$ ' 9'(,+'desh Dh'3' !$u(d ste"+(, et*. '"e #$"e,(

48


49/84

*u""e(*es '(d 's su*h #$"e,( e)*h'(,e. Se*$(d+y the te"% '+s$ *$%%$(+y "e#e"s t$ s$%e

(st"u%e(ts used ( (te"('t$('+ t"'de su*h 's &++ $# e)*h'(,e. D"'#ts T"'e+e" *hee3 '(d

$the" %e'(s $# (te"('t$('+ "e%tt'(*e. Th"d+y the te"% #$"e,( e)*h'(,e s '+s$ Jute

$#te( "e#e""ed t$ the &'+'(*e ( #$"e,( *u""e(*es he+d &y ' *$u(t"y. I( te"%s $# se*t$( 2d

$# the #$"e,( e)*h'(,e "e,u+'t$(s 1/40 s 'd$!ted ( 9'(,+'desh. F$"e,( e)*h'(,e %e'(s

#$"e,( *u""e(*y '(d (*+udes '(y (st"u%e(t d"'( '**e!ted %'de $" ssued u(de" *+'use

17 $# '"t*+e 16 $# the 9'(,+'desh 9'(3 $"de" 1/02 '++ the de!$sts *"edts '(d &'+'(*es

!'y'&+e ( '(y #$"e,( *u""e(*y '(d d"'#t *he*3 +ette" $# *"edt '(d &++ $# e)*h'(,e

e)!"essed $" d"'( ( 9'(,+'desh *u""e(*y &ut !'y'&+e ( '(y #$"e,( *$u(t"es.

I( e)e"*se $# the !$e" *$(#e""ed &y se*t$( 7 $# the #$"e,( e)*h'(,e "e,u+'t$( 1/40

9'(,+'desh 9'(3 ssues +*e(se t$ s*hedu+e 9'(3 t$ de'+ th e)*h'(,e. These &'(3s '"e

3($( 's Auth$"Bed De'+e"s. L*e(ses '"e '+s$ ssued &y 9'(,+'desh 9'(3 t$ !e"s$( $"

#"%s t$ e)*h'(,e #$"e,( *u""e(*y (st"u%e(ts su*h 's T.C. Cu""e(*y ($tes '(d *$(s. They

'"e 3($( 's Auth$"Bed M$(ey *h'(,e"s.

,&' F;nctions of Foreign Exchange /epartment:

Exports:

P"e sh!%e(t 'd'(*ed

Pu"*h'se $# #$"e,( &++s

Ne,$t't(, $# #$"e,( &++.

E)!$"t ,u'"'(tees

Ads(, *$(#"%(, +ette"s +ette"s $# *"edt

Ad'(*e #$" de#e""ed !'y%e(ts e)!$"ts

Ad'(*e ','(st &++s #$" *$++e*t$(

Imports:

1. O!e((, $# +ette" $# *"edt.

2. Ad'(*e &++s.

7. 9++s #$" *$++e*t$(.

4. I%!$"t +$'(s '(d ,u'"'(tees.

4/


50/84

#emittances:

Issue $# DD MT TT et*.

P'y%e(t $# DD MT TT et*.

Issue '(d e(h'(*e%e(t $# t"'e+e"s *he*3.

S'+e '(d e(h'(*e%e(t $# #$"e,( *u""e(*y ($tes

,&, T2E*!TC!**!%L+"E//!C"*E%TI%F!#EI0%

EC2$%0E:

D$*u%e(t'"y Lette" $# C"edt.

9++ $# e)*h'(,e.

9++ $# L'd(,.

C$%%e"*'+ ($*e.

Ce"t#*'te $# O",( $# 5$$ds.

I(su"'(*e Ce"t#*'te.

P'*3(, Lst.

I(su"'(*e P$+*y.

P"$< #$"%' I($*e I(de(t.

M'ste" Re*e!t.

5.S.P Ce"t#*'te.

DOC'!*A#+ L**# O C#DI*$

I( s%!+e te"%s ' d$*u%e(t'"y *"edt s ' *$(dt$('+ &'(3 u(de"t'3(, $# !'y%e(t.

E)!"essed %$"e #u++y t s ' "tte( u(de"t'3(, &y ' &'(3 ssu(, &'(3 ,e( t$ se++e"

&e(e#*'"y. At the "eJuest '(d ( '**$"d'(*e th the (st"u*t$(s $# the &uye"

'!!+*'(t t$ e##e*t !'y%e(t th't s &y %'3(, ' !'y%e(t $" '**e!t(, $" (e,$t't(,

&++ $# e)*h'(,e u! t$ ' st'ted su% $# %$(ey th ( ' !"es*"&e t%e +%t '(d ','(st

st!u+'ted d$*u%e(ts.

The C;stomar< Cla;ses Contain in an LC is as folloAings:

-=


51/84

A *+'use 'uth$"B(, the &e(e#*'"y t$ d"' &++s $# e)*h'(,e u! t$ ' *e"t'( +%t.

Lst $# sh!!(, d$*u%e(ts h*h '"e t$ '**$%!'(y the &++s.

Des*"!t$( $# the ,$$ds t$ &e sh!!ed. A( u(de"t'3(, &y the $!e((, &'(3 th't &++s

d"'( ( '**$"d'(*e th the *$(dt$(s ++ &e du++y h$($"ed.

I(st"u*t$(s t$ the (e,$t't(, &'(3 #$" $&t'((, "e%&u"se%e(t $# !'y%e(ts u(de"

the *"edt.

3arties involved in letter of Credit:

The !'"tes t$ LC '"e:

I%!$"te" &uye"

O!e((, 9'(3 Issu(, 9'(3

E)!$"te" se++e" 9e(e#*'"y

Ads(, 9'(3 N$t#y(, 9'(3

Ne,$t't(, &'(3

C$(#"%(, 9'(3

P'y(, "e%&u"s(, &'(3

BILL!FL$FI%0:

A &++ $# +'d(, s ' d$*u%e(t th't s usu'++y st!u+'ted ( ' *"edt he( the ,$$ds '"e

ds!'t*hed &y se'. It s ede(*e $# ' *$(t"'*t $# *'""',e s ' "e*e!t #$" the ,$$ds '(d s '

d$*u%e(t $# t+e t$ the ,$$ds. It '+s$ *$(sttuted ' d$*u%e(t th't s $" %'y &e (eeded t$

su!!$"t (su"'(*e.

The details on the bill of lading sho;ld incl;de:

Des*"!t$( $# the ,$$ds ( ,e(e"'+ te"%s ($t (*$(sste(t th ( the *"edt.

Ide(t#y %'"3s '(d (u%&e"s # '(y

The ('%e $# the *'""y(, esse+

Ede(*e th't the ,$$ds h'e &ee( +$'ded $( &$'"d

The !$"ts $# sh!s $# sh!%e(t '(d ds*h'",e

The ('%es $# sh!!e" *$(s,(ee '(d ('%e '(d 'dd"ess $# the ($t#y(, !'"ty.

hethe" #"e,ht h's &ee( !'d $" s !'y'&+e 't dest('t$(

-1


52/84

The (u%&e" $# $",('+ &++ $# +'d(, ssued

The d'te $# ssu'(*e

A &++ $# +'d(, s!e*#*'++y st't(, th't ,$$ds '"e +$'ded #$" u+t%'te dest('t$( s!e*#*'++y

%e(t$(ed ( the *"edt.

C!**E#CI$LI%!ICE:

A C$%%e"*'+ ($*e s the '**$u(t(, d$*u%e(t &y h*h the se++e" *h'",es the ,$$ds t$

the &uye" ' *$%%e"*'+ ($*e ($"%'++y (*+udes the #$++$(, (#$"%'t$(:

D'te

N'%e '(d 'dd"ess $# the &uye" '(d se++e"

O"de" $# *$(t"'*t (u%&e" Ju'(tty '(d des*"!t$( $# the ,$$ds. U(t !"*e '(d the

t$t'+ !"*e

e,ht $# the ,$$ds (u%&e" $# the !'*3',e sh!!(, %'"3s '(d (u%&e"s.

Te"%s $# de+e"y '(d !'y%e(t

Sh!%e(t det'+s

CE#TIFIC$TE!F!#I0I%:

A *e"t#*'te $# $",( s ' s,(ed st'te%e(t !"$d(, ede(*e $# the $",( $# the ,$$ds.

I%3ECTI!%CE#TIFIC$TE:

Ths s usu'++y ssued &y '( (de!e(de(t (s!e*t$( *$%!'(y +$*'ted ( the e)!$"t(, *$u(t"y

*e"t#y(, $" des*"&(, the Ju'+ty s!e*#*'t$( $" $the" 's!e*ts $# the ,$$ds 's *'++ed #$"

( the *$(t"'*t '(d the LC. The (s!e*t$( *$%!'(y s usu'++y ($%('ted &y the &uye" h$

(d*'tes the ty!es $# (s!e*t$( h't heshe shes t$ u(de"t'3e &y the (s!e*t$( *$%!'(y.

I%"#$%CECE#TIFIC$TE:

The ins;rance certificate doc;ment m;st:

9e s!e*#ed ( the *"edt

9e *$e"ed the "s3 s!e*#ed ( the *"edt

-2


53/84

9e *$(sste(t th the $the" d$*u%e(ts ( ts de(t#*'t$( $# the $y',e '(d

des*"!t$( $# the ,$$ds.

U(+ess $the"se s!e*#ed ( the *"edt t $u+d:

9e ' d$*u%e(t ssued '(d $" s,(ed &y '( (su"'(*e *$%!'(y $" ts ',e(t $" &y

u(de""te"s

9e d'ted $( $" &e#$"e the d'te $# sh!%e(t 's ede(*ed &y the sh!!(, d$*u%e(ts

9e #$" '( '%$u(t 't +e'st eJu'+ t$ the CIF '+ue $# the ,$$ds '(d ( the *u""e(*y $#

*"edt.

,&' I*3!#T:

I%!$"t s #$"e,( ,$$ds '(d se"*es !u"*h'sed &y *$(su%e"s F"%s '(d ,$e"(%e(t (

9'(,+'desh.

A( %!$"te" %ust h'e I%!$"t Re,st"'t$( Ce"t#*'te IRC ,e( &y Che# *$(t"$++e" $#

I%!$"t '(d E)!$"ts CCI L t$ %!$"t '(y th(, #"$% $the" *$u(t"y.

T$ $&t'( IRC the #$++$(, *e"t#*'tes '"e "eJu"ed:

T"'de +*e(se

I(*$%e t') *e"t#*'te

N't$('++y *e"t#*'te s '!!+*'t$( #$" LC +%t%'",(:T$ h'e '( %!$"t LC +%t '( '!!+*'t$( %ust su&%t t$ the de!'"t%e(t $# R9L #u"(sh(,

the #$++$(, (#$"%'t$(.

Fu++ !'"t*u+'"s $# &'(3 '**$u(t.

N'tu"'+ $# &us(ess

ReJu"ed '%$u(t $# +%t

P'y%e(t te"%s '(d *$(dt$(

5$$ds t$ &e %!$"ted

O##e"ed se*u"ty

Re!'y%e(t s*hedu+e

A *"edt $##*e" s*"ut(Bes ths '!!+*'t$( '(d '**$"d(,+y !"e!'"es ' !"$!$s'+ CLP '(d

#$"'"ds t t$ the He'd O##*e C"edt C$%%ttee HOCC. The *$%%ttee # s'ts#ed

s'(*t$(s the +%t '(d "etu"(s &'(d t$ the &"'(*h. Thus the %!$"te" s e(tt+ed $" the +%t.

!3E%I%0!FLETTE#!FC#E/ITB+B$%-:

O!e((, $# the +ette" $# *"edt %e'(s 't the "eJuest $# the '!!+*'(t %!$"te" ssu'(*e $# '

LC ( #'$" $# the &e(e#*'"y e)!$"te" &y ' &'(3. The &'(d h*h $!e( $" ssue LC s

*'++ed LC $!e((, &'(3 $" ssu(, &'(3.

O( "e*e!t $# the %!$"te">s LC '!!+*'t$( su!!$"ted &y the #"%>s *$(t"'*t (de(t!"$s +'&+ty he( +$d,%e(t s ,e(

A#te" "e'+B't$( the te+e) *h'",e se"*e *h'",e (te"est # '(y the sh!!(, d$*u%e(ts s

the( st'%!ed th PAD (u%&e" '(d e(te"ed ( the PAD "e,ste". I(t%'t$( s ,e( t$ the

*ust$%e" *'++(, $( the &'(3>s *$u(te" "eJuest(, "et"e%e(t $# the sh!!(, d$*u%e(ts.

-8


59/84

A#te" !'ss(, the (e*ess'"y $u*he"s e(d$"se%e(ts s %'de $( the &'*3 $# the &++ $#

e)*h'(,e 's K"e*e!t !'y%e(t@ '(d the &++ $# +'d(, s e(d$"sed t$ the e##e*t !+e'se de+e"

t$ the $"de" $# MS


60/84

he( ' &'(3 'uth$"Bed de'+e" "e*ees ' LC e('&+e $" $",('+ t 's*e"t'(s the

*$""e*t(ess $# the test (u%&e" '(d the 'uth$"Bed s,('tu"e. The( the &'(3 se(ds the $",('+

*$!y $# the LC t$ the &e(e#*'"y.

The e)!$"te" !"ese(ts the "e+'te d$*u%e(ts t$ the (e,$t't$( &'(3 '#te" the sh!%e(t $# the

,$$ds. The LC ssu(, &'(3 u(de"t'3es t$ h$($" $&+,'t$( $(+y # the &e(e#*'"y #u+#++s

the *$(dt$(s st!u+'ted ( the LC %'y ('%e+y the su&%ss$( $# st!u+'ted d$*u%e(ts

th( the st!u+'ted t%e.

The folloAing ts '($%'+y

0. 9++ $# +'d(, *+'ssed

8. I(su"'(*e *$e" ($tes 's !e" te"%s $# LC

/. I(su"'(*e $&t'(ed '#te" the &++ $# +'d(, $" '"'y &++ d'te

1=. E($u,h (u%&e" $# *$!es ($t su&%tted 's "eJu"ed &y LC.

11. Ne,$t't$( u(de" LC "est"'(ed

12. P'*3(, +st '(d *e"t#*'te $# '('+yss ($t 's !e" te"%s $# LC.

17. D$*u%e(ts ($t !"$!e"+y e(d$"sed ( #'$" $# the &'(3

14. Fu++ sh!%e(t ($t e##e*te '(d !'"t sh!%e(t !"$h&ted

1-. 5"$ss e,ht '(d (et e,ht sh$( ( de#e"e(t d$*u%e(ts d##e"

16. D$*u%e(ts "eJu"ed &y LC '"e ($t su&%tted

10. D$*u%e(ts ('deJu'te+y st'%!ed.

6=


61/84

D$*u%e(ts th %'?$" ds*"e!'(*es h*h *$u+d ($t &e (e,$t'ted sh$u+d &e se(t $(

*$++e*t$( &'ss th the !e"%ss$( $# the e)!$"te".

E3!#T3#!CE/"#E:

The %!$"t '(d e)!$"t t"'de ( $u" *$u(t"y '"e "e,u+'ted &y %!$"ts '(d e)!$"ts C$(t"$+

A*t 1/-=. U(de" the e)!$"t !$+*y $# 9'(,+'desh the e)!$"te" h's t$ ,et the '+d e)!$"t

"e,st"'t$( *e"t#*'te ERC #"$% *he# *$(t"$++e" $# %!$"t '(d e)!$"t CCI '(d E. The

ERC s "eJu"ed t$ "e(e ee"y ye'". The ERC (u%&e" s t$ &e (*$"!$"'ted $( EP #$"%s

'(d $the" !'!e"s *$%%e(ted th e)!$"t.

#E0IT#$TI!%!FE3!#TE#:

F$" $&t'((, ERC 9'(,+'desh e)!$"te"s '"e "eJu"ed t$ '!!+y t$ the *$(t"$++e" ?$(t

*$(t"$++e" de!uty *$(t"$++e" Assst'(t *$(t"$++e" $# %!$"ts '(d e)!$"t 't Dh'3'

Chtt',$(, ;hu+(' My%e(s(, 9'"s'+ R'(,!u" D('?!u" ( the !"es*"&ed #$"% '+$(,

th the #$++$(, d$*u%e(ts:

1. N't$('+ty '(d 'sse"ts *e"t#*'te

2. Me%$"'(du% '(d A"t*+es $# Ass$*'t$( '(d *e"t#*'te $# (*$"!$"'t$( ( *'se $#

+%ted *$%!'(y

7. 9'(3 *e"t#*'te

4. I(*$%e t') *e"t#*'te

-. T"'de +*e(se et*.

EC"#I%0!F!#/E#:

A#te" ,ett(, the ERC the e)!$"te" %'y !"$*eed t$ se*u"e the e)!$"t $"de". He *'( d$ ths &y

*$(t'*t(, the &uye"s d"e*t+y $" th"$u,h ',e(t.

In this p;rpose exporter can get help from:

L's$( $##*e

9uye">s +$*'+ ',e(t

E)!$"t !"$%$t$(

O",'(B't$(

61


62/84

9'(,+'desh %ss$( '&"$'d

Ch'%&e" $# *$%%e"*e +$*'+ '(d #$"e,(

T"'de #'" et*.

I0%I%0T2EC!%T#$CT:

A#te" *$%%u(*'t(, th &uye" h's t$ ,et *$(t"'*ted "t(, #$" e)!$"t(, e)!$"t'&+e

te%s #$"% 9'(,+'desh det'+(, *$%%$dty Ju'(tty !"*e sh!%e(t (su"'(*e '(d %'"3s

(s!e*t$( '"&t"'t$( et*.

#ECEII%0LETTE#!FC#E/IT:

A#te" *$(t"'*t #$" s'+e e)!$"te" sh$u+d 's3 hs &uye" #$" +ette" $# *"edt *+e'"+y st't(, te"%s

'(d *$(dt$(s $# e)!$"t '(d !'y%e(t.

The folloAing are the main points to be looked into for receivingcollecting export

proceeds b< means of doc;mentar< credit:

The te"%s $# the LC '"e ( *$(#$"%ty th th$se $# the *$(t"'*t

The LC s '( ""e$*'&+e $(e !"e#e"'&+y *$(#"%ed &y the 'ds(, &'(3.

The LC '++$s su##*e(t t%e #$" sh!%e(t '(d (e,$t't$(.

Terms and conditions sho;ld be stated in contract clearl< in case of other modes of

pa


63/84

Cust$%e"s duty *e"t#*'te

Sh!!(, (st"u*t$(

T"'(s!$"t d$*u%e(ts

I(su"'(*e d$*u%e(t

I($*e

9++s $# e)*h'(,e # "eJu"ed

Ce"t#*'te $# $",(

I(s!e*t$( $# *e"t#*'te

u'+ty *$(t"$+ *e"t#*'te

u'+ty *$(t"$+ *e"t#*'te

5.S.P *e"t#*'te

Ph$t$ s'(t'"y *e"t#*'te

FI%$LTE3:

A#te" th$se e)!$"te" su&%ts '++ these d$*u%e(ts '+$(, th ' +ette" $# (de%(ty t$ R9L #$"

(e,$t't$(. A( $##*e" s*"ut(Bes '++ the d$*u%e(ts. I# the d$*u%e(ts '"e ' *+e'" $(e R9I

++ !u"*h'se the d$*u%e(ts $( the &'ss $# &'(3e" *ust$%e" "e+'t$(sh!. Ths s 3($s 's

#$"e,( d$*u%e(t &++ !u"*h'se FD9P.

E3!#TBILLEC"#IT+2EET:

S*"ut(Bes the e)!$"t &++ $( the #$++$(, !$(ts:

$& 0eneral:

L'te sh!%e(t

L'te !"ese(t't$(

LC e)!"ed

LC $e"d"'(

P'"t'+ sh!%e(t $" t"'(s sh!%e(t

B& Bill of exchange:

A%$u(t $# &++ d##e"s th ($*e

67


64/84

N$t d"' $( LC ssu(, &'(3

N$t s,(ed

Te($" $# 9E ($t su&%tted

Fu++ set ($t su&%tted

I($*e

N$t ssue &y the &e(e#*'"y

N$t %'de $ut the ('%e $# the '!!+*'(t

Des*"!t$( !"*e Ju'+ty s'+es te"%s $# the ,$$ds ($t *$""es!$(d t$ the

$",('+.

N$t %'"3et $(e #$+d 's $",('+

Sh!!(, %'"3s d##e"s th 9L '(d !'*3(, #"st

C& 3acking list:

5"$ss e,ht (et e,ht '(d %e'su"e%e(t (u%&e" $# *'"t$$(s !'*3',es

d##e"s th 9L

N$t %'"3ed $(e #$+d 's $",('+

N$t s,(ed &y the &e(e#*'"y

Sh!!(, %'"3s d##e"s th 9L

/& Bill of lading $irAa< bill:

Fu++ set $# &++ ($t su&%tted

9L s ($t d"'( $" e(d$"sed

Sh!%e(t &$'"d #",ht !"e!'d #"e,ht *$++e*t et* ($t't$(s '"e ($t

%'"3ed $( the 9L

9L ($t (d*'ted the ('%e '(d *'!'*ty $# the !'"ty .e. *'""e" $" %'ste"

$( h$se &eh'+# the ',e(t s s,((, the 9L

Sh!!ed $( &$'"d ($t$( ($t sh$(, !$"t $# +$'d(, '(d esse+ ('%e

Sh!!(, $( &$'"d ($t't$( ($t sh$(, !$"t $# +$'d(, '(d esse+ ('%e

Sh$"t #$"% 9L

Ch'!te" !'"ty 9L

Des*"!t$( $# ,$$ds ( 9L ($t ',"ee th th't $# ($*e 9L '(d PL

A+te"('te ( 9L ($t 'uthe(t*'ted

64


65/84

L$'ded $( de*3

9L &e'"(, *+'uses $" ($t't$(s e)!"ess+y de*+'"(, de#e*te *$(dt$( $#

the ,$$ds '(d !'*3',es.

E. Othe"s N$( (e,$t'&+e d$*u%e(ts ($t #$"'"ded t$ &uy(, $" #$"'"ded &ey$(d

LC te"%s

I('deJu'te (u%&e" $# ($*e !'*3(, +st '(d $the"s su&%tted

Sh$"t sh!%e(t *e"t#*'te ($t su&%tted.

ETTLE*E%T !F L!C$L BILL:

The settlement of local bills is done in the folloAing Aa


66/84

*ode of pa B$C-T!B$C-LETTE#!FC#E/IT:

A &'*3


67/84

IMP du+y s,(ed

In addition to the above the folloAing papers doc;ments are also re?;ired for export

oriented garment ind;stries Ahile re?;esting for opening of backtoback letter of

credit

Te)t+e !e"%ss$(

'+d &$(ded '"eh$use +*e(se

u$t' '++$*'t$( +ette" ssued &y e)!$"t !"$%$t$( &u"e'u EP9 ( #'$" $# the

'!!+*'(t ( *'se $# Ju$t' te%s.

I( *'se the #'*t$"y !"e%ses s ' "e(ted $(e +ette" $# ds*+'%e" du+y e)e*uted &y

$(e" $# the h$use !"e%ses t$ &e su&%tted.

/efective points or cla;se appears in the LC:

Issu(, &'*3 s ($t "e!uted

Ads(, *"edt &y the 'ds(, &'(3 th$ut 'uthe(t*'t$(

P$"t $# dest('t$( '&se(t

I(s!e*t$( *+'use

N$%('t$( $# s!e*#* $# s!e*#ed esse+ &y su&seJue(t '%e(d%e(t

9L t$ &+'(3 e(d$"se t$ &uye" $" th"d !'"ty

N$ s!e*#* "e%&u"s(, *+'use

UCP *+'use ($t %e(t$(ed

Sh!%e(t !"ese(t't$( !e"$d s ($t su##*e(t

O",('+ d$*u%e(t t$ &e se(t t$ &uye" $" ($%('ted ',e(t

FCR $" HA9 *$(s,(ed t$ '!!+*'(t $" &uye"

Sh!!e"s +$'d '(d *$u(t s '**e!t'&+e

LC sh'++ e)!"e ( the *$u(t"y $# the ssu(, &'(3

Ne,$t't$( s "est"*ted

P'y%e(t $# &'*3 t$ &'*3 's 6=


68/84

$CC!"%TI%0T#E$T*E%TF!#B$C-T!B$C-LC:

.hen the doc;ment is arrived the folloAing vo;chers are passed:

Cust$%e" AC D".

T$ *$%%ss$( $( '**e!t'(*e

h+e !'y%e(t # the #u(d s 't h'(d the '**$u(t(, e(t"y s

Su(d"y de!$st %'",( $( '**e!t'(*e . D".

T$ *ust$%e">s AC

I# the !'"ty s !'d ( #$"e,( *u""e(*y 9.C s '!!+ed ( ths "e,'"d (te"('t$('+ de!'"t%e(t

t'3es the T.T.I.O "'te # the !'y%e(t s %'de t$ ID ( +$*'+ *u""e(*y ( ($t$('+ "'te '(d T.T.

*+e'( "'te s #$++$ed &y ID. he( the !'"ty !'d O.D s,ht "'te s #$++$ed:

If the f;nd is not available to made the pas AC

It %'y h'!!e( th't the *"edt ( #'$"s $# the se++e" s ($t t"'(s#e"'&+e $" '+th$u,h

t"'(s#e"'&+e *'(($t %eet *$%%e"*'+ "eJu"e%e(t &y t"'(s#e" ( '**$"d'(*e th '"t*+e 46

UCP *$(dt$(s. The s++e" h%se+# h$ee" s u('&+e t$ su!!+y the ,$$ds '(d (eeds t$

!u"*h'se the% #"$% '(d %'3e !'y'&+e t$ su!!+y the ,$$ds '(d (eeds '(d (eeds t$ !u"*h'se

the% #"$% '(d %'3e !'y'&+e t$ '($the" su!!+e".

I( ths *'se t %'y s$%e t%es &e !$ss&+e t$ use ethe" ' &'*3


69/84

U(de" the &'*3


70/84

D.D

T.T

M.T

T.C.

I%!$"t &++s et*.

O(+y the 'uth$"Bed (sttut$( *'( e)*h'(,e #$"e,( *u""e(*y. I99L s $(e +'",est !"'te

&'(3 h*h *$(du*t #$"e,( e)*h'(,e &us(ess. F$" the !u"!$se $# ,ett(, '(d %'(t'((,

'uth$"B't$( (sttut$( %ust &e #$++$ed 9'(,+'desh 9'(3 ,ude+(es.

Is+'% 9'(3 9'(,+'desh L%ted *$(du*ted #$"e,( e)*h'(,e &us(ess '(d t '+s$ "e*eed

hu,e #$"e,( "e%tt'(*es #"$% '&"$'d *$%!'"e th $the" !"'te '(d !u&+* &'(3 '(d

*$(t"&utes ( $u" e*$($%y.

%$TI!%$L#E*ITT$%CE3!ITI!%$%/2$#E!FIBBL:

F,u"e: T'3'

( %++$(

e'" N't$('+ I99L Sh'"e $# I99L (

1/// ---07.== 2440.== 4.4=

2=== -67-2.== 7728.== -./1

2==1 66107.== 48=6.== 0.26

2==2 0-662.== 6761.== 8.41

2==7 /==24.== 841-.== /.7-

2==4 //88-.2= 0644.== 0.6-

2==- 114782.2= /80/.== 8.64

2==6 164844.7= 1460=.== 8./=

0=


71/84

F,: Re%tt'(*e sh'"e $# I99L *$%!'"e th ('t$('+.

IBBL ,em it#nce rowt

0

5000

10000

15000

20000

1/// 2000 2001 2002 2003 2004 2005 20062m

ountinmi!!ion

F,: Re%tt'(*e ,"$th $# I99L

#emittance collection position of IBBL compare Aith other commercial Banks:

At !"ese(t '&$ut 4= &'(3s !"'te ('t$('+Bed '(d #$"e,( &'(3s '"e "e*e(, #$"e,("e%tt'(*e #"$% '&"$'d ( '"$us %$de. A%$(, the% 8 &'(3s "e*eed /8 ( the ye'"

2==2 '(d I99L>s sh'"e s /. The det'+ed !$st$( s ,e( &e+$:

NAMEOF9AN;S AMOUNTRECEIEDDURIN5

EAR2==6

SHARE A5AINST TOTAL

REMITTANCEIN

SONALI9AN; /6-.-2 77./=

01

,emitt#nce S#re of IBBL

0

50000

100000

150000

200000

1/// 2000 2001 2002 2003 2004 2005 20062mountinmi!ion

BB

Na"i!#al


72/84

A5RANI9AN; -74.48 18.00

ANATA9AN; 762.=0 12.01

RUPALI9AN; 12=.6/ 4.24

PU9ALI9AN; 71=.74 1=./=

UTTARA9AN; 146.-- -.1-

NATIONAL9AN; 1=7.4- 7.67

I99L 2-7.4- 8./=

OTHERS -1.24 1.8=

TOTAL 2840.0/ 1==.==

'!u#" receie uri# ear 2006

33%

1/%13%4%

11%

5%4% 2%

BB

/% S!#ali Ba#(

ra#i Ba#(

a#a"a Ba#(

u,ali Ba#(Pubali Ba#(

""ara Ba#(

Na"i!#al Ba#(

BB

)"hers

FI5: SHAREOFREMITTANCERECEIED9DIFERENT9AN;

IBBLDs share Aithin the private commercial banks:A%$(, the !"'te &'(3 I99L>s

!$st$( s se*$(d &ut t ++ &e #"st # e d$(>t *$(sde" de('t$('+Bed &'(3 ( *'se $#

"e*e(, #$"e,( "e%tt'(*e. Det'+s '"e ,e( &e+$:

02


73/84

NAMEOF9AN;S AMOUNTRECEIEDDURIN5

EAR2==6

SHARE A5AINST TOTAL

REMITTANCEIN

RUPALI9AN; 12=.6/ 12.24

PU9ALI9AN; 71=.74 71.48

UTTARA9AN; 146.-- 14.80

NATIONAL9AN; 1=7.4- 1=.4/

I99L 2-7.4- 2-.01

OTHERS -1.24 -.2

/8-.02 1==

'!u#" receie uri# ear 2006

26%

32%15%

10%

12% 5%BB

Pubali Ba#(

""ara Ba#(

Na"i!#al Ba#(

-u,ali Ba#(

)"hers

F,: I99Ls sh'"e th( the !"'te *$%%e"*'+ &'(3s.

oreign 0change "usiness$

Is+'% &'(3 9'(,+'desh +%ted h's $&t'(ed ' s$+d #$u(d't$( ( "es!e*t $# #$"e,( t"'de

th( ' +$(, !e"$d $# t%e. It>s t$t'+ %!$"t e)!$"t '(d "e%tt'(*es #$" the ye'" 2==6 's

T3.2=1822.== %++$( Is+'% 9'(3 9'(,+'desh L%ted h's 106 &"'(*hes '++ $e" the

07


74/84

*$u(t"y s$%e $# the% t$ de'+ th #$"e,( t"'(s'*t$( (*+ud(, %'(y "e!"ese(t(, &"'(*h (

the $"+d.

-.ort Im.ort #nd orei*nremitt#nces

0.0010000.0020000.0030000.0040000.00

2001

2002

2003

2004

2005

2006

%e#r

-#rnin* ',!r"

Busi#ess&9,!r"

Busi#ess-e'i""a#ce

F,: 1.1: Pe"#$"%'(*e $# F$"e,( e)*h'(,e &us(ess u! t$ 2==6

I*3!#T B"I%E:

F"$% the e"y &e,(((, the &'(3 h's e%&'(3ed $( #$"e,( e)*h'(,e &us(ess th ' e

t$ #'*+t't(, (te"('t$('+ t"'de $# the *$u(t"y '(d *$!es th the "'*e $# ,+$&'+B't$(. The

&'(3 h's est'&+shed ( 1/87 '(d !e"#$"%ed e++ ye'" t$ ye'". Lette" $# *"edt '%$u(t(, T3.

77088.== %++$( #"$% %!$"t &us(ess &y the I99L. Ite%s $# I%!$"t #('(*ed &y the I99L

'**$"d(, t$ the %!$"t !$+*y $(+y e)*e!t h'"'% ,$$ds.

The


75/84

',!r" Busi#ess

0.00

10000.00

20000.00

30000.00

40000.00

2001 2002 2003 2004 2005 2006%e#r

2

mounti

mi!!ion

F,: 1.2 Pe"#$"%'(*e $# I%!$"t 9us(ess.

E3!#T B"I%E:

The t$t'+ e)!$"t &us(ess h'(d+ed &y the &us(ess '%$u(ted t'3'. -1177.== %++$( 's 't

De*e%&e" 2==6. E)!$"t ,$$ds h'(d+ed &y the &'(3 's !e" "u+es $# e)!$"t !$+*y th$ut

h'"'% ,$$ds.

The


76/84

e'" I%!$"t E)!$"t Re%tt'(*e T$t'+ F$"e,(

E)*h'(,e 9us(ess

5"$th "'te

1//0 1070=.== 1446/.4= 48=6.== 7664-.4= 11

1//8 2=278.7= 148/4.7= 676=.== 414/7.2= 17

1/// 2=7/6.== 140/8.== 841-.== 476=/.== -2=== 2-720.== 1688/.== 0644.== 4/86=.== 14

2==1 2-/=0.== 16=82.== /80/.== -1868.== 4

2==2 77088.== 16607.== 1460=.== 6-171.== 26

2==7 46270.== 21078.== 16668.== 84647.== 7=

2==4 -/8=4.== 2/1-1.== 2766/.== 112624.== 77

2==- 04-2-.== 7616/.== 76/48.== 140642.== 71

2==6 /680=.== -1177.== -781/.== 2=1822.== 70

T'&+e: F$"e,( E)*h'(,e 9us(ess $# I99L

06


77/84

T$ h'(d+e #$"e,( e)*h'(,e &us(ess e##e*te+y '(d e##*e(t+y the &'(3 h's $e" the ye'"s

dee+$!ed ' de (et$"3 $# *$""es!$(de(ts th"$u,h$ut the $"+d. The &'(3 h's

*$""es!$(de(t "e+'t$(sh! th 00- &"'(*hes $# 21- #$"e,( &'(3s '(d e)*h'(,e h$uses (

02 *$u(t"es 's $( 7=.6.2==1.

It s $(e $# the t$! th"ee th$us'(d (te"('t$('+ &'(3s $# the $"+d '(d ts $"+d


78/84

C2$3TE#EE%: FI%/I%0 #EC!**E%/$TI!% G

C!%CL"I!%

>&6 FI%/I%0:

M$st $# the &"'(*hes $# the I99L +$*'ted ( the u"&'( '"e' '(d #e $# the% '"e

($+ed th #$"e,( e)*h'(,e t"'(s'*t$( s$ %$st !e$!+e d$ ($t 3($ '&$ut the

#$"e,( "e%tt'(*e se"*e $# I99L.

Pe$!+e th(3 th't P"'te &'(3 s +ess *$(#de(t'+ th'( ('t$('+Bed &'(3 t$ se(d '(d

*$++e*t "e%tt'(*e.

Is+'%* 9'(3(, s ' (e !he($%e($( ( $u" *$u(t"y du"(, +'st t$ de*'des. S$

%'?$"ty $# $u" !e$!+e h'e ($ !"$!e" 3($+ed,e '&$ut the '*ttes $# Is+'%*

9'(3(, 's e++ 's ts #$"e,( e)*h'(,e %e*h'(s% '(d #$"e,( "e%tt'(*e *$++e*t$(

'(d se(d(, !"$*edu"es

F$"e,( e)*h'(,e !"$*edu"es $# I99L '"e %$"e $" +ess s%+'" th t"'dt$('+ 9'(3.

M$st $# the !e$!+e ( $u" *$u(t"y h'e ' &'d %!"ess$( $# I99L>s $!e"'t$(s

"e,'"d(, (d"e*t ,e(e"'t$( $# (te"est h*h %e'((, ($ d##e"e(*e &etee(

(est%e(t $# I99L #$"e,( "e%tt'(*e '**$u(t they '"e ($t t$$ %u*h (te"ested t$

$!e( #$"e,( "e%tt'(*e '**$u(t I99L.

I99L h's *$(t"'*t th $the" &'(3 t"'(s'*t$( &y th$ut (te"est thus t ,e(e"'te

+$ !"$#t #$" #$"e,( "e%tt'(*e '**$u(t.

9e*'use $# *$%!+e)tes $# $!e((, #$"e,( "e%tt'(*e '**$u(t '(d !"$*edu"'+

!"$&+e% %'(y !e$!+e !"e#e" h$(d t$ *$++e*t '(d se(d "e%tt'(*e.

9e*'use $# (su##*e(t '!!+*'t$( $# Is+'%* 9'(3(, "u+es ( $u" *$u(t"y the

#$"e,( e)*h'(,e $!e"'t$(s $# I99L *'(t "u( s%$$th+y.

Ths 9'(3 *'(t (est ( '++ e*$($%* se*t$"s h*h '"e !"$h&ted &y the +' $#

Is+'%.

P"$#t'&+e (est%e(t !$"t#$+$ $# I99L "eJu"es #$"es,ht%e(t '(d *+e'" (est%e(t

3($+ed,e '**$"d(, t$ Is+'%* sh'"'h. 9ut s$%et%es I99L *'(t (est ts 'ssets (

!"$!e" !$"t#$+$ due t$ (su##*e(t '(d u(s3++ed %'(!$e" ( these "e,'"ds .As '

08


79/84

"esu+t the"e s ' +'",e '%$u(t $# %$(ey &e(, d+e '(d thus !$te(t'+ !"$#ts s ($t

(*"e's(, '(d ,e(e"'te +$ !"$#t $# #$"e,( "e%tt'(*e '**$u(t.

S$%et%es #$"e,( "e%tt'(*e $!e"'t$(s $# I99L '"e h'%!e"ed due t$ (*"e'se

dsh$(est (ds*"eet hy!$*"t*'+ ('tu"e $# !e$!+e.

I99L h's ($ st"$(, !"$%$t$('+ '*ttes t$ (*"e'se #$"e,( "e%tt'(*es &y %$t'te

!"ese(t '(d !$te(t'+ ($(s e)!$"t '(d %!$"tt"'de.

A%$(, the *$(te%!$"'"y *$%%e"*'+ &'(3s I99L>s !$st$( s the #"st ( "es!e*t $#

%$&+B't$( de!+$y%e(t $# #u(ds '(d e'"((, !"$#ts.

M$"e th'( 11-=== $"3e"s '"e e%!+$yed ( the (dust"'+ !"$?e*ts #('(*ed &y I99L.

I99L h's thus %'de s,(#*'(t *$(t"&ut$( t$ s$+(, u(e%!+$y%e(t !"$&+e% $# the

*$u(t"y.

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I99L h's ?$( h'(ds th '( e(te"!"s(, ,"$u! t$ (t"$du*e ' #+eet $# !"e%e" &us

se"*e h*h h's 'tt"'*ted the 'tte(t$( $# '++ se*t$( $# the !e$!+e '(d %t,'ted

t"'(s!$"t't$( !"$&+e% $# the *ty t$ s$%e e)te(t.

I99L h's (t"$du*ed see"'+ $the" e+#'"e $"e(ted (est%e(t s*he%es su*h 's s%'++

t"'(s!$"t (est%e(t s*he%e s%'++ &us(ess (est%e(t s*he%e ',"*u+tu"e %!+e%e(t

(est%e(t s*he%e !$u+t"y (est%e(t s*he%e h$useh$+d du"'&+e (est%e(t s*he%e

'(d h$us(, (est%e(t s*he%e.

I99L h's *$(t"&uted ' "e%'"3'&+e '%$u(t (*$%e t') t$ the ,$e"(%e(t e)*heJue"

ee"y ye'".

At the (t'te '(d d"e $# I99L see"'+ u(e"stes ( 9'(,+'desh h'e (t"$du*ed

*$u"ses $( Is+'%* 9'(3(, '(d F('(*e.

0/


80/84

Is+'% 9'(3 9'(,+'desh L%ted h's %'(y "e!"ese(t'te &"'(*hes ( %'(y *$u(t"es

( the $"+d t$ de'+ th #$"e,( e)*h'(,e &us(ess.

I99L *$(du*t %'(y se%('"s t$ '$d hu(d '(d u+t%'te "esu+t s (*"e's(, #$"e,(

"e%tt'(*es.

Se(d(, #$"e,( "e%tt'(*es th"$u,h I99L s e"y e'se" th'( $the" &'(3s.

O!e((, #$"e,( "e%tt'(*es '**$u(t ( I99L '+s$ e'se".

8=


81/84

>&8 #EC!**E%/$TI!%:

Ths &'(3 sh$u+d '""'(,e ' de '"etes $# "e,u+'" !"$,"'%s +3e Is+'%* '+s'

O''B M'h#+ Se%('" M$sJue


82/84

C!%CL"I!%

82


83/84

BIBLI!0#$32+

A te)t &$$3 $# 9'(3(,

M. R'd'sh'%

S.. 'sude'(

e&ste $# Is+'% 9'(3 .s+'%&'(3&d.*$%

Is+'% '(d E*$($%*s Ch'++e(,es

Ch'!"' D".U%'"

F$"e,( E)*h'(,e Me*h'(s%

R'h'%'( H'&&u"

9"$*hu"e $# D##e"e(t A**$u(ts $# I99L

9'(,+'desh 9'(3 ,ude+(e

A+ M '(d S'"3'" A.A. 1//-. KIs+'%* 9'(3(,: P"(*!+es '(d O!e"'t$('+

Meth$d$+$,y@.

A&d'++'h A.1/80. KIs+'%* 9'(3(,@ 1ournal of Islamic "aning and

inance '(u'"y


84/84

LIT !F $BB#EI$TI!% "E/ I% T2I #E3!#T:

ACU

Internship Ibbl

Documents

Transcript of Internship Ibbl