Term Paper on Islami Bank Limited free essay sample

Background of the Study Islami Bank Bangladesh Limited (IBBL) is the first of its kind in the South East Asia which was established in 1983 with a view to provide banking services based on Islamic principles. The bank, which started its operation with only 3 branches in the first year of its inception, has now 207 branches in 26 years of operation. As a bank, Islami Bank Bangladesh Limited receives deposits from its customers from all over the country as well as from abroad on profit and loss sharing basis and deploys that fund to different investment clients to gain profit. The bank distributes an agreed portion of the profit earned to the customers and the shareholders. Islami Bank Bangladesh Limited also performs foreign exchange business. In this process, the bank endeavors to contribute to the betterment of the society. In the context of open market economy, the foreign exchange business is growing rapidly and playing a vital role in the economic growth of a country. We will write a custom essay sample on Term Paper on Islami Bank Limited or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page About 40 % of total business of our country is rolling through foreign exchange transaction. Islami Bank Bangladesh Limited has significantly contributed in flow of international transactions. Among the private commercial bank of our country IBBL is being kept the first position in export, import, remittance flow and as well as earnings the operating profit. Why I have chosen this topic, because to focus the foreign exchange banking performance of IBBL its activities as based on Islamic Shariah. This study is done to evaluate the over all activities of IBBL. Findings of the study may benefit the organization itself to take strategic decision on its future plan to enhance the volume of foreign exchange transaction. It may also benefit the readers as well as researchers who have particular nterests in international trade finance. 1. 1 Scope of the Study The scope of this paper is to discussion of various aspects of Deposit Mobilization, Investment Mechanism Foreign exchange operation of IBBL. This report aims to focus the actual practices â€Å"An Overview Of Foreign Exchange Operation† of Islami Bank Bangladesh Limited and its operations. 1. 2 Objectives of the Stu dy The first objective of writing the report is fulfilling the partial requirements of the BBA program. The main purpose of this study is to have a better orientation on Foreign Exchange business performances of the bank. In this report, I have attempted to give an overview of Foreign Exchange Operation of Islami Bank Bangladesh Limited . Following are the main objectives ? To familiar the history and operations of Islami Banking in Bangladesh. ? To show the investment mechanism and product offerings in different modes of IBBL. ? To show overall investment proposal, appraisal procedures, documentation system of IBBL and Conventional Banks. ? To show an overview of Foreign Exchange Operation of IBBL. ? To show the differences with conventional banking regarding investments aspects ? To identify strength and weakness of investments of IBBL. To identify the problems related to investments faced by IBBL. ? To recommend actions that may be necessary to redesign the investments of IBBL. 1. 3 Methodology The study is performed based on the information extracted from different sources collected by using a specific methodology. The methods of completing the report have included some steps which are followed by one by one. First of all I selected the topic of the report then I had to collect information relating to the topic by primary and secondary sources and through personal interview. As a Internee of IBBL it was easy for me to collect data. After gathering the information I had to determine the procedure of research and sampling plans. After gathering all the information I required, I have come up with an expected result of the report. Population: All the Branches of IBBL located in everywhere in Bangladesh has been taken into consideration as population. Sample: Islami Bank Bangladesh Ltd, Head Office complex Branch. Data collection: Source of data of this report can be divided into two categories: 1. 4 Sources of Information ? Primary Sources: †¢ Practical experience of banking. †¢ Training, workshop seminar. †¢ Related files, books study provided by the officers concerned. Secondary Sources: †¢ Research papers, training materials, magazines. †¢ Annual Report ,Audit Reports of IBBL †¢ Banking related text books, Relevant books, Research papers, Newspapers and Journals, Manuals. †¢ Class notes of IBTRA, Website of IBBL. 1. 5 Limitations of the Study From the intention to make the rep ort realistic and properly accepted this report has been conducted. However, many problems appeared in the way of conducting the study. During the study it was not possible to visit the whole area covered by the bank although the financial statements and other information regarding the study have been considered. The study considers following limitations: ? The major limitation I faced in preparing this report was the sensitivity of the data. As it is a highly competitive market, if the margin information is released to other competitors, it may have a negative impact on their business. Resultantly, in some cases management were reluctant to give some specific data. ? Confidentiality of data was another important barrier that was confronted during the conduct of this study. Every organization has their own secrecy that is not revealed to others. While collecting data on IBBL, personnel did not disclose enough information for the sake of confidentiality of the organization ? Rush hours and business was another reason that acts as an obstacle while gathering data ? Time limitation is also a big factor, which hinders the data collection process. Due to time limitation many aspect could not by discussed in the present study. What is Islamic Bank? An Islamic Bank is a financial institution that operates with the objectives of implementing and materializing the economic and financial principles of Islam in the banking arena. The definition of Islamic Bank as approved the General Secretariat of the OIC is stated in the following manner. â€Å"An Islamic Bank is a financial institution whose status, rules and procedures expressly state its commitment to the principle of Islamic Shariah and to the banning of the receipt and payment of interest on any of its operations. † According to Islamic Banking Act 1983 of Malaysia, â€Å"Islamic Bank is a Company which carries on Islamic banking business. Islamic banking business means banking business whose aims and operations do not involve any element which is not approved by the religion of Islam. 2. 1 Why Islamic Bank? The objective of Islamic banking is not only to earn profit, but to do good and welfare to the people. Islam upholds the concept that money, income and property belong to Allah and this wealth is to be used for the good of the society in general and human being in particular. Islamic banks operate on Islamic principles including profit and loss sharing, strictly avoiding interest, which is the root of all exploitation and is responsible for large scale inflation and unemployment. An Islamic bank is committed to try its best to do away with disparity and establish justice in the economy, trade, commerce and industry, build socio-economic infrastructure and employment opportunities. 2. 2. 1 Introduction Islami Bank Bangladesh is one of the pioneer private commercial bank of Bangladesh. It was incorporated on 13. 03. 1983 as a public company with limited liability under company act, 1913. The Bank started its business from 30. 03. 1983. IBBL is based on Islamic Sharia’h. It is the first Islamic Bank in Southeast Asia. Now, it is the leading private commercial Bank in Bangladesh.

Im Alive Essay Example

Im Alive Essay Example Im Alive Essay Im Alive Essay The television show I’m Alive, episode â€Å"Ambushed† makes viewers re-think holding a snake without it being identified by an expert. A biology teacher told her students that they could find animals in the wild, bring them into school, and she would identify them. In their classroom, there were turtles, spiders, frogs, snakes, and more. The teacher told the students that they could hold any of the animals that they wanted to without permission. Rusty Van Wert and Caleb Snow went over to a terrarium. Rusty reached into the cage to grab and hold a non-venomous yellowbelly water snake, which had been caught in the wild and identified by his biology teacher. His eyes were lit up with joy to be holding this snake. He had a very big smile on his face and could not appear to be any happier in that moment. The snake was then handed off to Caleb, who had never held a snake before. Caleb squeezed the snake pretty hard which made it start squirming and twisting and just going crazy. Caleb’s eyes showed fear. His whole body was frantically trying to control this 2. 5 foot long snake and get it back into the cage. Sweat started to run down his cheeks and drip onto his shirt. He was very nervous and still trying to put the snake back into the cage when he got bit. He yanked his arm away very quickly and immediately let go of the snake. Rusty’s first thoughts were â€Å"If this snake gets loose it is going to bite someone else. So I had to do something and I had to do something quick. † Rusty tried to grab the snake as quickly as he could and that’s when the snake bit him. He was bit four times. The snake was latched onto Rusty’s hand, so he frantically yanked the snake off by his other hand and jammed it back into the cage and threw the lid on top. Total shock had overcome both Rusty and Caleb. Now looking into each other’s eyes not knowing what to do or think, hearing the teacher say â€Å" This is just a non-venomous yellowbelly water snake, but you better go down to the nurse’s office and get checked out anyways. † They headed to the nurse’s office. On the way to the nurse’s office both Rusty and Caleb’s hand started swelling up and they were in extreme pain. Their vision became blurred being described as tunnel vision. They started stumbling around and started to have trouble breathing. Both of them got sat down in chairs in the hallway before making it to the nurse’s office. Rusty’s face went pale, he started sweating really bad, then all of a sudden his eyes rolled into the back of his head and he passed out. Caleb jumping up in fear started to yell at Rusty and he regained consciousness. They finally made it to the nurse’s office and it was decided they both be taken to the hospital and get checked out there. Shortly after arriving at the hospital Rusty was taken back and seen by a doctor because he was in such bad shape. The doctor said that the snake bite that he had was defiantly not from a nonvenomous snake but he had to have a picture of the snake to determine what kind of antivenom he was going to need to give to Rusty. The school sent over photos of the snake and Rusty identified which snake that they had gotten bitten by. The doctor said that it was a venomous cottonmouth snake. Shocked by the news that he was just given Rusty started getting viles of antivenom pumped into his body. He ended up needing 8 viles of antivenom. Typical cottonmouth snake bites can deliver 142 mg of venom. 13 mg is enough to kill a human. Rusty was in critical condition and in intensive care for 2 days. Rusty and Caleb both ended up recovering and being released from the hospital but they both had to undergo six weeks of rehab to repair the damage that was done to their hands and arms. Rusty concludes the story by encouraging people to not ever hold a snake that has not been identified by an expert. If an snake has been found in the wild and identified by a person on the street as a common snake of the area, always check with an expert before handling the snake.

Negotiation Assignment Example | Topics and Well Written Essays - 750 words

Negotiation - Assignment Example Similarly, trust as a tool played an important role in enhancing the operation of traditional intra-organizational bargaining and process, considering that both of these processes were applied especially in the final stages where the bargaining process had become complex and each side of the bargaining agreement was taking firm positions in regard to their bargains (McKersie, et al., 2008:93). It is only through trust that the sides were able to soften their stands, and engage each other constructively, making it possible for the sides to eventually agree on a settlement. Under circumstances where the bargaining process was characterized by mistrust, such as the case was in the initial stages of the bargaining process, the subcommittees (BTGs), had difficulties engaging, and each side had applied extremism, with the Coalition of Kaiser Permanente Unions (CKPU) placing its bargain so high, while the Kaiser Permanente (KP) offered very low bargains in return (McKersie, et al., 2008:91). Therefore, the similarity between the bargaining process described by Fisher & Ury, and that described by Barratt and McKersie et al, is that both applied trust as the fundamental tool for negotiations. Secondly, the similarity in bargaining process described by Fisher & Ury, and that described by Barratt and McKersie et al is that, both processes experienced coordination problems (McKersie, et al., 2008:91). While the processes started well with the IBN taking center stage in bringing the interests of the parties to a round table, so the negotiations could proceed on the basis of the interest of the parties, it eventually became difficult to coordinate the work of the two sides. The BTG subcommittees developed proposals that were not acceptable at the table, making the whole negotiation process delay more than it was anticipated, thus closing

Programs Marketing for Laptops Essay Example | Topics and Well Written Essays - 250 words - 36

Programs Marketing for Laptops - Essay Example the group has to carry out a SWOT analysis of your group (Hartley, pg.33). This helps the group to determine what they have and what they are to do. The group determines your major competitors in the area who sells the OS. This places the group at the position of capitalizing the weakness of the competitors. Having achieved that, then the marketing strategies have to be drawn in the form of a business plan. The methods of marketing are discussed and stated.  Then target as many people as possible when marketing for the products. The aggressive online advertisement has shown to have greater opportunities for getting customers. Present your OS in the commonly visited site (Hartley, pg.36). Have your programs intelligently advertised to attract the customers. Include contacts in the advertisement site to allow communication with the customers. Posters and banners can also be used to enhancing market of the program. The positioning of them is crucial so that they are easily visible and readable. The group can also take marketing to social centers to capture many as possible. Offer some services at no cost like teaching on how to install the program. This captures more customers. Periodic review of the progress is determined. This helps determine which programs, OS is commonly sorted, and the specific features customers want. Through this, the group can propel ahead in their business.

Persuasive Communications, Campaigning and Public Opinion & Reputation Essay - 1

Persuasive Communications, Campaigning and Public Opinion & Reputation Management - Essay Example s many different channels to reach the target audience, from regular advertising to public service announcements, Internet banner ads, and telephone marketers. Because of the power of the Internet, the advertisements move at a faster speed than ever before, combining celebrities with symbols and commodity signs. Persuasive websites are used to persuade the Internet audience about anything that one can think of. Companies are in business simply because they focus on how best to persuade an audience. The messages that are broadcast on the Internet, television, in print, etc., use all sorts of persuasive techniques, from flattery, empathy, nonverbal communication and likeability appeals. Symbols are used, such as symbols of wealth and prestige, or symbols of social consciousness – entering a Nordstrom and seeing a fashionable man playing a piano is an example of the former, a Benetton ad featuring a dying AIDS patient is an example of the latter. Some persuasive appeals are disgu ised as news. Whatever is being persuaded, there is a theory behind how it works, and this is the focus of this particular essay. Along with the focus on how it works will be analysis of how persuasion is employed in campaigns, as well as how persuasion is used to shape and mold public opinion. Perloff (2008) states that persuasion first involves the persuader’s awareness that he or she is trying to influence somebody else (p. 15). Therefore, a dog or a cat who curries favor from their owners, in order to get foods or treats, would not be considered to be persuading, because they do not have the awareness that their owner wants to change. Persuasion is symbolic, and is really a step by step process. The symbols that might be used might be symbols with cultural meanings, such as the flag, a Star of David or a Holy Cross. It may be attained by images, such as the Nike swoop or the McDonald’s golden arches (Perloff, 2008). Moreover, persuaders do not really operate by persuading others to

History Of The Industrialised Building System Construction Essay

History Of The Industrialised Building System Construction Essay Steel framing construction is classified as one of the Industrialised Building System. However, Industrialised Building System (IBS) is common in construction industry in Malaysia. Steel framing is becoming more common in residential construction. The use of steel for framing residential construction has both advantages and disadvantages. Steel frame elements are manufactured in the factory and then will be transported to a job site for installation once it passed the inspection on it quality standard. This method has its own significance and shortage. Construction site take very high attention on the safety aspect especially when the construction is running. Safety is an issue that has no end and every year will have accidents occurred on construction site. However, it can be lead to accidence that may cause injured or dead to worker or public. Steel framing construction also having their own risk and hazard in its construction process during the installation component although it was convenient to install. For example steel column base plates are a fundamental component of a steel structure. Poor base plate installation can lead to steel columns tipping over, which can cause severe injuries or death to worker in the area. The experiences contractor on steel framing installation knows there are procedures required to pull off a high level of quality, customer satisfaction and most important safety. To make installation run smoothly it is the best to have experienced worker or else have a good safety and health management to guide and control the workers to comply with the safety rules. By the way, the major problem was poor attitude of the worker and poor management system. Aim and Objectives The overall objective for this proposal is to investigate and evaluate the safety aspects in steel framing construction. The specific objectives of this study are as follows: 1. To study the process of installation steel framing component. 2. To identify the safety aspect and the requirement during the installation process steel framing component at site. 3. To identify the level of safety during installation process at site. Problem Statement The Industrialised Building System (IBS) is not a new approach in Malaysia. It has been introduced in Malaysia since 1966. However, the most steel framing construction accidents occur because the developer or contractor lack of proper planning or using the unsafe equipments and do not follow the correct method when installation. Apart from this, unsafe site condition, not using the safety equipment that was provided, and poor attitude of workers toward safety during installation process also the issues that causes accident. Therefore, it indicated that there is lack of consideration of safety and risk evaluation in IBS construction. Based on the information from Social Security Organization (SOCSO), Malaysia recorded a worrying increase in the numbers of accident occurring at construction site. It shows that a total of 4654 out of 73858 industrial accidents recorded in 2003 were come from the construction industry. (Mohammed Taher Alashwal, 2008). But it different if used steel framing system, the statistic from CIDB shows the accidents are 50% from heavy lifting, 20% installation, 10% other factor, and other 10% from during transportation component to storage accidents. Scope of study The scope of this study is focussed on safety aspects on installation of Industrialised Building System (IBS) which specific in steel framing construction. This study is to identify the safety aspect during the steel framing construction at the installation stage. The information will be collected from observation, interviews, internet resources, journal and some of the documents. 1. This study covers Industrialised Building System specific in steel framing. 2. This study identifies the safety requirements within the installation stage of steel framing construction. 3. Information will be collected at Kuala Lumpur and Selangor area. Methodology Interview In this research proposal, interviewed is to be conducted with the contractor which are using steel framing system for their project or any other relevant position of staff within construction site to get the information. 4 to 5 interview question will be set which related to my research objective there are to identify the safety aspect and requirement during the installation process of steel framing component at site and to identify the level of safety during installation process at site. After that, I will do an summary based on the information that I collect from the respondent. Face to face interview will be conducted and several questions will be asked and the answer will be recorded down. Face to face interview is chosen because it was very convenient for the respondent and interviewee to discuss and different date collection techniques can be used for example open-ended questions and visual aids can improve the understanding of interviewee. Desktop based review To improve my understanding and experience to do future thesis, I will using desktop based review as my secondary data collection techniques which reading through the articles, journal papers, conference papers, books and websites browsing related to my title. Through this method I can have better understanding on the process of installation steel framing component before I go to the construction site visit to do observation. So when I go to the site visit, I can directly go to the point of the installation process and can easily understand the information given by the respondent to get the good idea to write my research. Review of previous research and book done by other people also make me more familiar with the correct way to do research in this topic and also increase the accuracy. Observation Besides, observation will as my one of the method to collect data to identify the level of safety during installation process at site. Besides, I also will observe on the process of installation steel framing component to fulfil my objective. I will make appointment with the contractor which using steel framing system to have a site visit at his construction site to observe the going of project specific in installation process of steel framing system. I also will take a reference on the lay out plans for steel frame component, steel frame installation guide, and other communications which provide by contractor. The important of study Through this research, the contractor which specific on steel framing construction can use this as a guide for them to review their safety requirement when installation of the steel framing component to reduce the rate of accident of construction work in Malaysia.

Personal Development and Reflective Reasoning in Nursing Essay

â€Å"Maybe reflective practices offer us a way of trying to make sense of the uncertainty in our workplaces and the courage to work competently and ethically at the edge of order and chaos†¦Ã¢â‚¬  (Ghaye, 2000, p.7) In order to fully understand the personal development and reflective reasoning in relation to your development in the Nursing field, one will have to define these two terminologies. Personal development means to include activities that improve awareness, can develop potential that will ultimately enhance the quality of life. Medical colleges advocate personal development plans as a basis for continuing professional development. Whereas, reflective reasoning is where a nurse can apply learning and insights of others into their own work. In nursing courses students learn through lecture and discussion, which is the primary method for teaching theoretical principles, but when you add a more complete understanding of the relationship between theory and practice one may become a more competent nurse. Awareness of issues and analysis of knowledge and feelings are some stages that are involved in reflection but then identification and integration of new learning is needed as well. By consc iously engaging in their own and others reflection it is believed that the level of professional interaction will improve. Motivation, one issue bound to crop up in ones work life, as well as leadership and of course managing conflict these are some issues when speaking of personal development. The ability to reflect upon us is a valuable part of human life, insisted Taylor (2000). Reflection and reflective practice are claimed to enhance professional development, link theory and practice, promote critical thinking, lead to self-awareness a... ...Cartwright(Ed.), Studies in social power(pp. 150-167). Ann Arbor, MI: Institute for Social Research. Ghaye, T. (2000) Into the reflective mode: bridging the stagnant moat. Reflectice Practice, 1(1) 5-9. Gray, G. (1998). Becoming a reflective practitioner. In Towards a Discipline of Nursing, Churchill Livingstone, Melbourne, pp. 335-354. Harrington-Mackin, D. (1996) Keeping the Team Going: A Tool Kit to Renew & Refuel Your Workplace Teams, March 26, 1996 AMACOM Kerfoot, K. (2001). The Leader as Synergist. MEDSURG Nursing, 10(2), 101-103. Laurent, C.L. (2000). A nursing theory for nursing leadership. Journal of Nursing Management, 8, 83-87. SCHÃâ€"N D A (1983) The Reflective Practitioner: how professionals think in action London: Temple Smith Taylor, B.J. (2000) Reflective Practice: a Guide for Nurses and Midwives. Buckingham: Open University Press