Investment operation of FSIBL
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Date
2016-01-02Publisher
BRAC UniversityAuthor
Islam, Md. ShofiqulMetadata
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The internship program is an associate course which helps students to have practical knowledge and experience when he/she goes for a work after the end of graduation. My internship program was assigned at First Security Islami Bank Limited (FSIBL), Mohammadpur branch, under the supervision of MD. Zaheed Husein Mohammad Al-Din, Senior Lecturer at BRAC Business School, BRAC University.
My internship report was on the investment operation of First Security Islami Bank Limited (FSIBL). So finding the different aspect of the investment I have gone through all the available dates that I found in my reach and put it in my report.
First Security Islami Bank Limited (FSIBL) is a solid, developing and modern bank with a view of Islamic rules and regulation. Their main objectivity is to give the best and makes the customers happy and loyal to the bank. They also work to develop the society and increase the employment rate of the country. The general image of them is “Symbol of the Society”.
From my 3 months experience and all the information it can be easily said that First Security Islami Bank Limited (FSIBL), have different ideas in giving loans to the customers. They give away loan not only for the profit but also for the social development. They do not take interest instant of they become partners for any project they are giving loan and share both the loss and profit. The Bai-mode is the most used mathord by them for giving loans. Bai means purchase and sell. The bank helps the customers to buy the product with the amount they asked for and give them a certain date to repay the amount. It means sales on credit. So basically they are giving loans under the Islamic rules and regulation.