Impact and functionality of Oracle Islamic database system of Al-Arafah Islami Bank Limited

Abstract

As I have completed my internship in AIBL for three months under Brac Univeristy, I have to complete this report to complete my internship according to the rules of UGC. Firstly, I explained what my Internship position is and what specific jobs I did. I am absolutely confident everyone will be able to understand my job responsibilities and the limitations I had. Secondly, one the report it is well explained how AIBL functions, their management practices and operational functions are well explained. Al Arafah Islami Bank is one of the wholly scheduled Islami bank that operates under the value of SHARIAH. Since its inauguration in it has been functioning with an Islamic Database System called Oracle. Moreover, on my report I explained in detail how the database functions and different processes takes place. Over the course of last 12 years Oracle Islamic Database had an obvious impact on the system of AIBL in my report there is detailed overview of the Impact it has caused and problems the Bank is facing regarding this. Lastly, I would Like to say that this report will help AIBL understand how their database is lacking in certain areas and how they can improve them. As all the banks now-a day are heavily dependent on automated system and server, the oracle Islamic database plays a crucial role in their growth and evolution.