Financial Performance Analysis of Islamic Banks in Bangladesh: A Case Study on Islami Bank Bangladesh Limited (IBBL)
International Journal of Economics, Finance and Management Sciences
Volume 3, Issue 2, April 2015, Pages: 99-106
Received: Jan. 28, 2015; Accepted: Feb. 9, 2015; Published: Feb. 16, 2015
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Authors
Jaba Chakraborty, Department of Business Administration,Bangladesh University, Dhaka, Bangladesh
Farjana Salam, Department of Business Administration,Bangladesh University, Dhaka, Bangladesh
Md. Ghulam Rabbany, Department of Agribusiness & Marketing, Sher-e-Bangla Agricultural University, Dhaka, Bangladesh
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Abstract
Banking means deposit mobilization and deployment of those deposits into advances or investments in different sectors. The element of interest has been for long used as main instruments for deposit mobilization and the deployment of funds therefore.In the Muslim world, it remains a deep cry in peoples` hearts to fashion and design their economic lives in accordance with the percepts of Islam. It is committed to conduct all banking and investment activities on the basis of interest-free unveiled a new horizon and ushered in a new silver lining of hope towards materializing a long cherished dream of the people of Bangladesh for doing their Banking transitions in line with what is prescribed by Islam. That is why, considering the performance of IBBL, on attempt has been made in this paper to study the financial analysis procedure of IBBL.We have rendered our knowledge to present this study on all Performance of Islami Bank Bangladesh Limited. In this study, it is shown that various operational activities can be used in the evaluation of operation of this Bank. Considering the productivity ratio, current ratio quick ratio, profitability ratio,solvency ratio we can find that this bank is increasing its performance efficiency.
Keywords
Islamic Banking, Riba, Interest Free Banking, Financial Performance, Productivity
To cite this article
Jaba Chakraborty, Farjana Salam, Md. Ghulam Rabbany, Financial Performance Analysis of Islamic Banks in Bangladesh: A Case Study on Islami Bank Bangladesh Limited (IBBL), International Journal of Economics, Finance and Management Sciences. Vol. 3, No. 2, 2015, pp. 99-106. doi: 10.11648/j.ijefm.20150302.14
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