Difference between Islamic banking and conventional banking system: EXIM Bank Limited
This internship report is submitted in a partial fulfillment of the requirements for the degree of Bachelor of Business Administration,2012.
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10361-24492019-09-29T05:28:45Z Difference between Islamic banking and conventional banking system: EXIM Bank Limited Aman, Sunjun Kamal, Shawkat BRAC Business School, BRAC University Business administration This internship report is submitted in a partial fulfillment of the requirements for the degree of Bachelor of Business Administration,2012. Cataloged from PDF version of Internship report. Includes bibliographical references (page 31). A Bank is an economic institution whose main aim is to earn profit through exchange of money & credit instruments. It is a service oriented as well as profits oriented organization. The internship report has been prepared on “difference between Islamic banking and conventional banking”. As EXIM bank was a conventional bank later become a Islamic bank it is easy for me to find the difference between the Islamic banking system and conventional banking system. EXIM Bank Limited was introduced in Bangladesh as a banking company under the Company Act 1913 & commenced operation on 2nd June 1999 as a conventional bank. Later in 2004 they became Islamic bank which actually works under the shariah rules. Sariah rules basically follow the partnership based banking. As in Islam interest is prohibited thats why Shariah rule introduces profit sharing system. The motto of Islamic banking is profit sharing and loss bearing. The main objective of Islamic banking is as same as conventional banking system which is profit making. To follow the shariah system Islamic banks actually follow certain terms which is known as Mudharabah, Wadiah, Musharakah, Murabahah, Ijar. Exim bank actually divides their whole work into 2 parts which is General banking & investment. In this report I try to show that how the Islamic banking system differ from conventional banking system. Where in conventional bank we get fixed amount of interest which is also known as RIBA, there in Islamic bank we get a certain share of banks total profit. Sunjun Aman B. Business Administration 2013-05-21T06:00:14Z 2013-05-21T06:00:14Z 2012 2012-11-07 Internship report ID 07204015 http://hdl.handle.net/10361/2449 en BRAC University Internship reports are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. 37 pages application/pdf BRAC University |
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Brac University |
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Institutional Repository |
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English |
topic |
Business administration |
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Business administration Aman, Sunjun Difference between Islamic banking and conventional banking system: EXIM Bank Limited |
description |
This internship report is submitted in a partial fulfillment of the requirements for the degree of Bachelor of Business Administration,2012. |
author2 |
Kamal, Shawkat |
author_facet |
Kamal, Shawkat Aman, Sunjun |
format |
Internship report |
author |
Aman, Sunjun |
author_sort |
Aman, Sunjun |
title |
Difference between Islamic banking and conventional banking system: EXIM Bank Limited |
title_short |
Difference between Islamic banking and conventional banking system: EXIM Bank Limited |
title_full |
Difference between Islamic banking and conventional banking system: EXIM Bank Limited |
title_fullStr |
Difference between Islamic banking and conventional banking system: EXIM Bank Limited |
title_full_unstemmed |
Difference between Islamic banking and conventional banking system: EXIM Bank Limited |
title_sort |
difference between islamic banking and conventional banking system: exim bank limited |
publisher |
BRAC University |
publishDate |
2013 |
url |
http://hdl.handle.net/10361/2449 |
work_keys_str_mv |
AT amansunjun differencebetweenislamicbankingandconventionalbankingsystemeximbanklimited |
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