Islamic Banking Practice in Bangladesh: A Case Study on Al-Arafah Islami Bank

Abstract

This report has been prepared based on the experience gathered during the internship at AIBL, Dhanmondi branch. Internship is a process to have real life hands-on experience of the corporate world, this course is mandatory for every graduating student of BBA program of United International University. Through internship experience, a student can test out all their academic learning and self-evaluate their performance while working as an intern. A reflection-based paper remembers my gaining from an everyday movement on general banking. This report is developed based on 3 months working as an intern at AL-Arafah Islami Bank Limited. The report described the experience during the internship period along with the working procedure of AIBL, where it explained how AIBL follow the Islamic law, rules and regulation in their every activity. The report is the outcome of the observation, learning, accomplishment, issues identify during my internship period. This report mostly emphasize on Islamic banking practice of Al-Arafah Islami bank limited. In Dhanmondi branch of AIBL has three sections: General banking, Investment, Foreign exchange section. Accordingly, this report describe the AIBL Overview, mission, vision, product, general banking process, This report also represent the difference between Islamic & commercial bank.