This study is about Investment Management System of Al-Arafah Islami Bank Limited (AIBL), Investments are operating by this bank with Islami sharia formula as no interest payment system but give profit from client deposit amount. Investment practice consists of some stage like Selection of the client, Application stage, Processing and appraisal, Sanctioning stage, Documentation stage, Disbursement stage, Monitoring & Recovery stage. It has been found that the investment process is lengthy and tiresome for the clients. AIBL investment process should become easier and should increase their investment ratio by reducing lengthy time process of investment and reducing required return on investment. It should also increase their modern facilities like SME loan, credit card facilities and ATM booths services etc.
1.2. Origin of the report
For any business school student only curriculum activity is not enough for handling the real business situation, therefore it is an opportunity for the students to know about the field of business through the internship program. As internship program is a perfect blend of the theoretical and practical knowledge. This report is originated to fulfill the requirement of the assign project internship report on “Investment Management System of AIBL”. In this regard an organization attachment at Hazaribag Branch of Al-Arafah Islami Bank Limited has been given to me a period of three months. During this period I learned how the host organization works with the help of the internal supervisor.
The internal supervisor assigned me one of the projects and shuffled me around to educate me about the operation of a bank.
1.3 Significance
This internship report is an important partial requirement of four years BBA graduation program. This is because knowledge and learning become perfect when it is associated with theory and practice. By this internship program students can establish contacts and networking. Contacts may help to
Bibliography: • Lawrence, J Gitman (2003), “Principal of Managerial Finance”, 10th edition. • Frederic S. “Miskin, the Economic of money and Financial Market”6th Edition, 2003, Boston. • C.R Kotheri, “Research Methodology” Second Edition, 2003-2004, wishwa Prakashan, Calcutta,India. Prospectors ▪ Annual Report, Al-Arafah Islami Bank Ltd, 2007 ▪ Annual Report, Al-Arafah Islami Bank Ltd, 2008 ▪ Annual Report, Al-Arafah Islami Bank Ltd, 2009 ▪ Annual Report, Al-Arafah Islami Bank Ltd, 2010 ▪ Annual Report, Al-Arafah Islami Bank Ltd, 2011