| dc.description.abstract | Dhaka Bank Limited (DBL) is one of the reputed private commercial banks in Bangladesh which is headquartered in Gulshan-1, Dhaka. It started its operation on July 5, 1995 and is currently operating with its 109 branches, 3 SME branches and 21 sub-branches among which there are 2 Islamic Banking branches. The bank offers all kinds of banking services including Islamic banking services responding to the preference of the Muslims in the country.
This report is based on the analysis of Islamic banking activities of Dhaka Bank Ltd. The introductory part has been included in the first chapter of this report. In the second chapter an overview of the bank has been included. DBL conducts all types of banking activities including corporate banking, retail banking, Islamic banking, foreign exchange, MSME & agro and digital banking etc.
Islamic banking is the banking activities that are shaped by the principles of Islami Shariah. Dhaka bank is offering many Islamic banking products. Deposit products include Al-Wadeeah Current Account, Mudaraba Savings Account, Mudaraba Term Deposit Account, Mudaraba Special Notice Deposit Account, Mudaraba Pension Scheme Account, Mudaraba Special Deposit Scheme Account, Mudaraba Foreign Currency Deposit Account, Tawfeer Mudaraba Deposit Pension Scheme (T-MDPS) and so on. Investment products include Murabaha Purchase Order, Bai-Muazzal Industrial, Murabaha Post Import Receipt, Murabaha Term Finance Industrial, Murabaha Term Finance Others, Ijarah Transport etc. Analysis showed that major investment sectors were Murabaha (purchase order), Murabaha (term financing) and Bai Muajjal. On the other hand, more than 85% of the deposits came from term deposit. In comparison to whole conventional banking, Islamic banking wing’s contribution to deposit and other accounts stood at 5%, investments at 3%, and investment in securities at 2% by the end of 2020. Although in the rise, Islamic banking division’s contribution to Dhaka Bank is not found to be significant yet. The conclusion is that although the Islamic banking contribution is very negligible compared to the conventional activities, it is getting importance to expand the market. | en_US |
