INTRODUCTION 1.1 BACKGROUND Islami Bank is a financial induction whose status, rules and procedures expressly body politic its commitment to the principles of Islami shariah justness and to the banning of the receipt and payment of involvement on each of its operations. This definition is adapted by O.I.C. after on it has get the standard definition of Islami Bank. To run smoothly an Islami Bank is to shell out its operations through its management. By the destination management is meant to put to death a plan properly and fruit broad(a)y through slightly laid down priceless by a conference of responsible peoples, appointed in an institution. It is meant acting according to rules to enter upon the goal in a train way, In the mise en scene of if Islamic Banking, it give the bounce be explicit to effectuate socio-stinting justice in every sphere of economic transactions. A well-disciplined prudent group of people shall work and ferment a developmental change rapidly withstanding the attacks of all types of Jahiliat i.e. exploitations, usury, heaviness & retrenchment etc. Islami Bank Bangladesh Ltd. from its inauguration in the class 1983, is performing a vital role for the achievement of the above mentioned object efficiently. In a nut shall IBBL is in the athletic topic of struggle to establish Islamic Economics. The management of IBBL is constituted of 4 (Four) wings viz.
( a) Board of Directors (b) Shariah council (c) executive theater director committee (d) guidance committee. a) Board of Directors : The board of directors approves all the introductory decisions and it is the highe! st authority of the bank. It can be compared to a legislative collection of a country. Shariah council : Shariah council is the organization of the qualified omniscient and intellectuals whose function is to analysis all the operations of the bank whether rigorously abiding by the Shariah or nor and to advise with efficacious suggestions to follow the Shariah. In a excogitate it can be expressed by the word Darul Ifta. b) executive director committee : Executive committee...If you want to get a full essay, order it on our website: BestEssayCheap.com
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