Internship

Course Code: INT 4399

Submitted To

Ishrat Jahan

Assistant Professor

Submitted By

Shoyeb Manwar Shuvo 111 163 107

Date: 2 January 2021

Title of the report: “Financial Performance Analysis
of Shahjalal Islami Bank ”.
Acknowledgement

I would like to thank Ishrat Jahan Mam, my supervisor, for her immense support and
encouragement towards the efficient and successful completion of this study. This research
would have been short-sighted without her oversight and encouragement.

"A special thank you goes to her who helps assemble the parts and has suggested the "Shahjalal
Islami Bank Limited's Financial Performance Review. I am able to complete the situation report
for that.
Abstract

On 10 May 2001, Shahjalal Islami Bank Limited announced its profitable activity in simulated
Islamic Shariah, and they released their very first branch at 58, Dilkusha C/A, Dhaka. SJIBL was
named after Hajrat Shahjalal (R) and served the people. They receive licenses from the
Bangladesh bank and thus boost the economy's GDP.

" Financial Performance Analysis of Shahjalal Islami Bank Limited " is the main focus of this
report. As required by the faculty and supervisor Ishrat Jahan, Assistant Professor of the BBA
Department, UIU, it is the product of a three-month base internship program at Shahjalal Islami
Bank Limited. The aim of the study is to evaluate SJIBL's performance analysis, conduct ratio
analysis, and identify problems and recommendations. Primary and secondary data was obtained
for the purpose of the study.

The aim of this paper is to develop the research framework to present the different performance
aspects of Shahjalal Islami Bank in Bangladesh.

The report was given for the presentation of the various performances of Shahjalal Islami Bank
Limited in Bangladesh. This paper's description explains the ratio and interrelated ratios of the
institution's wellbeing. Other types of ratios, which are debt ratio, liquidity ratio, performance
and profitability ratios, are also discussed. Bank data is supplied with sufficient information. For
SJIBL, altered forms of ratio analysis have been carried out. Charts, tables and figures are given.
In this study, I used 5 years of financial statement data to measure the ratio analysis to provide
the required findings. For the SIJBL, CSR functions are also provided. My report will assist them
to make informed future decisions by using all the pertinent information available in this report.
Contents
Abstract.......................................................................................................................................................4
Shahjalal Islami Bank Limited..............................................................................................................8
Shahjalal Bank Historical Information..................................................................................................8
Shahjalal an Islamic Banking................................................................................................................8
Major variances between the Islamic and Conventional Banking...............................................................8
CSR Functions............................................................................................................................................10
Financial Performance...............................................................................................................................13
Budget Achievement.............................................................................................................................16
Operating Profit.....................................................................................................................................16
Deposit..................................................................................................................................................17
Investment............................................................................................................................................17
Non-performing Investments................................................................................................................17
Import and Export.................................................................................................................................17
Regulator capital....................................................................................................................................18
Compliance............................................................................................................................................18
Financial Reporting................................................................................................................................19
Target on 2020......................................................................................................................................19
AN OVERALL ANALYSIS OF THE PERFORMANCE OF SIJBL......................................................................21
Investment Income:...............................................................................................................................22
Investment Income Shares................................................................................................................22
NAV (Net Asset Value).......................................................................................................................23
Correspondent Relationship..............................................................................................................24
The network of ATM..........................................................................................................................24
PERFORMANCE ANALYSIS OF DIFFERENT SEGMENTS...........................................................................24
Corporate related Banking.................................................................................................................24
Banking SMEs....................................................................................................................................24
Retail Banking....................................................................................................................................25
RISK MANAGEMENT..............................................................................................................................26
b) Risk Control for Foreign Exchange.........................................................................................27
OUTLOOK/ Future Outlook....................................................................................................................30
 In 2020, goals:....................................................................................................................................30
Ratio Analysis for SJIBL:.............................................................................................................................32
Recommendation.....................................................................................................................................49
Conclusion................................................................................................................................................50
References................................................................................................................................................51
 Letter of authorization

8 December 2020

Ishrat Jahan

Assistant Professor

United International University

Subject: Submission of final report on “Financial Performance Analysis of Shahjalal Islami

Bank”

Dear Mam,

I am very much pleased to submit my report on "Shahjalal Islami Bank's financial performance
analysis." In order to prepare an in-depth study, I have devoted complete concentration and effort
to successful completion. It was a perfect chance to focus on this new project in order to finish
the study in time. I am grateful for all the help and necessary information I have achieved from
you during the preparation of the report.

In preparation of the report, I have given my full effort. However, if there are mistakes and
claws, it would be an honor to have your review on it so that I can clarify my mistake.

Thankfully from,

Shoyeb Manwar Shuvo

Id number: 111 163 107
 Shahjalal Islami Bank Limited

With belief on Islamic Shariah, Shahjalal Bank started its marketable activity, on 10th May 2001.
Within these years SIJBL opened branches in different locations within the country providing
various service items, both investment and deposit. While talking about Islamic banking it’s not
about interest-free banking venture, it contains product generating real revenue and raises the
earning of the country. Mr. Muhammed Shahidul Islam, has a strong leadership quality which has
put the management team in a strong position.

Shahjalal Bank Historical Information

The bank is fully relied on Islamic Shariah. SIJBL is mainly named after Hajrat Shahjalal (R),
who devoted his life to peace and worked for humanity. On 1st April 2001, it was formed under
the Companies Act 1994. On 10 May 2005, the very first branch was opened.in Dhaka banking
service, it obtained license, for the placement of the financial situation and the expansion of the
country's trade and industry.

Shahjalal an Islamic Banking

Shahjalal is a type of banking feature based on the laws of Sharia and is accessible to people of
all faiths and cultures. Via these banks, the belongings that are prohibited under Sharia Law are
not permissible to operate. You can't go ahead to Shahjalal bank for a loan, for instance, by
opening a bar, as alcohol is prohibited under Sharia law.

Shahjalal banks have a board proposed by Sharia that has Islamic scholars who provide advice
on business dilemmas, bank activities, and business decisions.

Major variances between the Islamic and Conventional Banking.

In comparison to the Islamic banking system, the conventional banking system is somewhat
different. The important differences are described below.

1. As well as an item of value, the traditional system considers money as a medium of trade.
Money is used under the Islamic Scheme as a means of trade. As items of value, real assets such
as land and ornaments are measured.
 2. For the conventional banking, time is one of the great factor for taking loan. The Islamic
system employs the revenue produced by the exchange of goods and services as the primary
factor for measuring interest.

3 In the traditional banking system, there is a chance of deficit financing and inflation if money
is used without any backup of real assets. As a means of trade, there is no chance of inflation like
money in the Islamic structure.

4 If a loan-taking company experiences business losses, the amount of interest paid to it in the
traditional banking system would not be affected, since there is no notion of sharing losses. The
responsibility of loss is also shared by the Islamic system.

5. Conventional banking does not require structured cash disbursement contracts to operate
financial institutions and to exchange goods and services. Under Murabaha, Istisna, and Salam
agreements, Islamic law requires the execution of contracts for the swapping of goods and cash
disbursement.

6. Some loans are often written off by traditional banking institutions as non-performing if the
approved ventures fail or remain incomplete. Islamic foundations, to a better government, hand
over non-acting plans.

7.Traditional banking creates a huge tax burden for salaried individuals as the financing of debt
leads to interest being deducted from people's taxable income. Under the Mudarabah system, the
Islamic scheme shares income and provides tax under the Musharakah to the government. It
lowers the tax burden on the people and increases the GDP.

Since Islamic banking organizations are very different from conventional ones, the study of their
rules and guidelines is complex. There are different Islamic finance courses online that help you
master the Islamic banking system to learn more about this kind of banking system.

CSR Functions

The Shahjalal Bank Foundation has guaranteed the well approach for the public to go for C.S.R and
Zakah fund.

CSR is a mechanism which is combined into a business model for commercial self-work. The
Corporate Social Responsibility has look to work on itself for adapting self-mechanism which
follows and monitors the law spirit, principal of morality and ensuring the standard on the level of
international basis. The aim of C.S.R is to ensure that the enterprise work in a positive way with the
clients, communities and workers and other people within their workings. And the impact of it’s
good work is well for the community and clients also.

Sector for (C.S.R.) as per the Annual C.S.R. Shahjalal Islami Bank Ltd
Instruction of the Regulatory C.S.R. to be Contribution
Authority assigned

Vocational training focused on 30% Distribution of a grant annually to 500

education and employment. S.S.C.& H.S.C. students.

Healthcare in Preventive and Curative 20% Donations to hospitals that function as

non-profit organizations.

Environment Purpose 10% Tree Farm(program agreed separately by

banks 10 branches in 2013), House
Repair in cyclone(was full last in the
affected area of Brahmonbaria natural
disaster), pretentious flood area etcetera.

Sectors of others 40% Blanket Delivery and Cash Allocation to

the Prime Ministers Fund to help
national and foreign disasters as well as
during the Tajrin Fashion Disaster, Rana
Plaza Disaster, the huge Earthquake in
Nepal, Rohingya Aid, etcetera.
(CSR) of the Shahjalal Islami Bank Ltd has been formed out as following perspectives:

1. Accountability to Shareholders.
2. Customer Accountability
3. Responsibility to Suppliers
4. Group Accountability
5. Environmental accountability

The funding of Shahjalal Bank sources which are provided below:

1. Zakah is given by the public

2. The balance ended on banks which are contributed through Zakah, It might retained
earnings, general reserve.
3. Mannat
4. Fitra
5. Kaffarah
6. Usor
7. Income which is doubtful
8. Income not paid yet
9. The interest that are gained from the Bangladesh Bank.
10. Interest that are established from Conventional Bank.
It is mentioned which is banks which are Islamic earn interest when it is unavoidable but without
not accepting them as traditional banks; It is found that Islamic banks share them as CSR volt so
that the fund which are not been used can be achieved in a greater profit for human. The funds not
used from the serial 7 to 10 are used by the Shahjalal bank without moving them in the credit side
of the books of income so that Shariah rules can take place. It is always the beneficial of the people
while doing the Islamic Banking way. Both the regulatory and Shariah obedience are followed in
the Shahjalal Islami Bank for the Zakah to prosper.
Financial Performance
Profit and Loss Account

At the end of the year 31 December 2019

Note 2019
Taka
Operating Income
Investment Income 23 20,301,832,199
Less: Profit paid on Deposits 24 13,206,651,379
Net Investment Income 7,095,180,820

Income from Investment in Shares/Securities 25 554,392,574

Commission, Exchange and Brokerage 26 2,152,478,63
Other Income 27 797,137,757

3,504,008,968
Total Operating Income 10,599,189,788

Operating Expenses
Salaries 28 2,962,806,871
Rent, Taxes, Insurances, Electricity 29 485,427,141
Legal Expenses 30 1,400,755
Postage, Stamps, Telecommunication 31 42,371,544
Stationery, Printings, Advertisements. Executive Salary 32 120,538,132
Directors Fees 33 19,957,000
Supervisory Committee's Fees 34 7,396,409
Auditors' Fees 35 1,317,660
Depreciation & Repairs of Bank's Assets
Zakat Expenses 36 574,750
Other Expenses 37 308,457,118
Total Operating Expenses 38 140,732,626
39 675,394,431
Profit / (Loss) before Provision 4,766,374,437

Specific provision for Classified Investment General 22 5,832,815,351

Provision for Unclassified Investment
General Provision for Off-Balance Sheet Items 1,160,780,000
Provision for diminution in value of Investments in 525,400,000
Shares 32,200,000
Provision for Other Assets - - 252,600,000
Total Provision
Total Profit / (Loss) before taxes

Provision for taxation 40 1,970,980,000

3,861,835,351
Deferred tax
Current tax

41 44,887,632
Net Profit /Loss after tax 41b 2,158,307,672
Net profit after tax attributable to: 2,203,195,304
Equity holders of SJIBL
Non-controlling interest

1,663,539,273
(4,899,226)
Retained earnings from previous year 1,658,640,047
Add: Net profit after tax (attributable to equity holders
of SJIBL)
Profit available for appropriation
 921,461,996
Appropriation: 1,663,539,273
Statutory reserve
Dividend 2,585,001,270
Capital Reserve
Retained earnings
18 778,829,989
848,564,790
Consolidated earnings per share [previous year's figure 2,878,961
restated] 19 954,727,530
2,585,001,270

42 1.78

Shahjalal Islamic Bank after analyzing the report, the following suggestions and views are provided
below:

1. In the entire year Shariah alertness was recognized, and the preceding which were left are taken
into possible procedures.

2. On the basis of Islamic Shariah, the profit sharing and Mudarabah depositors has been finished
till it can be completely done.

3. The working committee of bank must be more attentive in doing all the transaction related works
and must issue the work to the committee of Shariah on a daily basis.

4. Administration must be careful to guarantee both the purchase and sale with supportive papers,
especially in matters of investment in Bai-Muajjal.

5. For the fulfillment of Shariah, audit must be followed on this basis, especially in every branches
for verifying the transactions.

Budget Achievement

To reach the target in a specific time period, Budget is workable. Shahjalal bank has set funds. For
giving budget its own meaning, help from Head office and branches are important to take place, in
that way budget is prepared. For annual budget, in 2019 budget has achieved its percentage.

Operating Profit
The operating profit which had been ruptured in 2019 which was Taka 5,865.13 million, which was
the highest in the beginning, and the profit before tax Taka 3,894.15 million and revenue after tax
was 1,718.30 million. The progress of operating profit was 28.16 %. For the overall performance
including the capital base and liquidity position Shahjalal bank is in a strong position. And for this
it has put Shahjalal bank in a very strong position.

Deposit
Following the policy of the sustainable growth, the development of deposit was 15% which was
greater than the domestic deposit rate of 12.57%. In 2019, the deposit was Taka 203,384.15
million. The proportion of short cost no cost deposit raised to 33.58% of overall deposit throughout
the year 2019. The focus of SIJBL had been in the remodeling the deposit which was not proper to
raises the shares in low cost. For this, the bank is downward to high-price deposit raise from
66.86% in 2018 to 66.42% in 2019, which is good prior to the last year.

Investment
For the asset maximization, the target was making good entrepreneur inside the country. In 2019,
asset was raised to Taka 197,285.68 million. The bank had growth in asset of 6.02%. For making
new owners the bank had plans in the investment development which were in growth, and
influencing the customers to follow it.

Non-performing Investments
Non-performing investment of Bangladesh banking sector has raised at 9.32% in 2019. While, non-
performing asset of Shahjalal Islami Bank Limited was 4.91% at the similar period which is
meaningfully mediocre than the country location. To minimize the NPIs to a satisfactory level, bank
has raised investment order and rationalized the recovery process. After taking lots of steps from the
bank, NPI reduced to 4.91% from 6.84%. of preceding year. Still Shahjalal Islami Bank are trying
to normalize the non-performing investment.

Import and Export

Bank has been working on towards business in trade. For this consequence, the bank's export and
import businesses have raised. Export business grew from Taka 125,402 million in 2018 to Taka
147,052 million in 2019, import business increased from Taka 140,380 million in 2018 to Taka
157,060 million in 2019, reflecting a rise of 17.26% and 11.88% respectively.
 Export and import Business
145,000

140,000
OVERALL IMPORTS

135,000

130,000

125,000

120,000

115,000
2018 2019
YEAR

1,50,000

FIGURE: EXPORT AND IMPORT BUSINESS

Regulatory capital
The bank has gained a well regulatory capital in the whole year of 2019. The regulatory capital was
good in percentage which was 16.02, higher than the 12.50 percent. For reducing the risk-weighted
assets and maintaining profit for increasing Tier-2, the bank will ensure asset quality by issuing
Mudaraba Subordinated Bonds to raise its capital deficiency.

Compliance
Within the time period the reports, returns and statements for various regulatory authorities has been
completed. During 2019 the bank had compiled all the requirements which was required by the
Bangladesh Bank primary regulator. As there was a liquidity crisis in 2019 the bank managed to
liquidate effectively and there was no deficiency in CRR and SLR.

Financial Reporting
In following the IAS and IFRS, the Shariah rules are applied here and the financial statements are
also prepared for the end of the year in December 2019, where the sufficient disclosure are shown
and also the departure of the Standards.
The accounts were made in cautious, fair and decisions of the Financial Statements were also made.
For the presumption of the matter the Financial Statements are prepared.

Target on 2020
Because of the large distribution of the Corona during the world crisis, 2020 is certain. Alike from
other situations in the world, Bangladesh economy are also in their own objectives to achieve.
These lock-downs have a devastating impact on staff and companies around the world, and
Bangladesh went to lockdown also during this pandemic. In addition to the profit rate limit on
lending already introduced, it could have a negative effect on the growth of sector which are
operating in private, especially in retail investment and small business and in the banking sector.

Straight before the Bangladesh outbreak of COVID-19, the banking sector was reoriented largely
due to the overall increase of Non Performing Investments and a poor government cooperation.

With sudden outbreak of COVID-19, sectors of banking getting weaker, sustaining the excellence
of asset in the sector of private with good support.

For banks, ROI is just 2 to 2.5%, but the lenders must bear a credit risk of 100 percent. It is clear
that it would lead to a reduction in banks' net profits and profitability.

Our assumption is that sustainable business development will be the highest priority and, in line
with this, we believe that 2020 become difficult year. Shahjalal believes the development of
supportable companies. For the coming years the strategies of bank are provided below:

 The prime focus will be the prudently controlled balance sheet movement of banks on the
right track to leverage evolving market dynamics.
 To cope with the changing phenomenon, Cost Rationalization in it’s activities can be
compelling
 Ensuring substantial changes in operating performance to avoid offsetting various risks
occurring due to COVID-19.
 For good competition the deposits for the continued market entry of new banks and
financial institutions, our focus will continue to be on deposit mobilization.
 The target for lower cost deposits in order to reduce deposit costs through the optimal
deposit mix.
 Given the likelihood on the work on NPI a one-digit decline in the rate of profit on
 investment, our emphasis moving on sustaining flexible cost administration.
 NPI management and recovery continuing success rate for the sector of banking in Non
Performing Investment basis.
 Given the potential risk of benefit rate risk of liquidity and other risk of market the
management of assets - Management of balance sheets in the upcoming year.
 Bank continue to concentrate the retention of profit and on the customers the payments are
made in order for improving position on the deficiency of capital.
 In the days ahead, the adoption the technology of information main factor of success, so
bank will also continue to concentrate on the introduction of SJIBL's new technology.
 Islamic bank on Shariah, the objective will be obedience with following the Islamic Shariah
rules all bank's operations.
 We have already launched Shariah based credit cards for diversifying the collection on
investment and improving the sector of retailing. Our key priority in the coming year will
be expanding retail growth and credit cards of Islamic bank.
 The sector Research & Development has already been developed. Our priority in 2020 will
be the launch of new creative and common goods.

AN OVERALL ANALYSIS OF THE PERFORMANCE OF SIJBL

The economy of Bangladesh grew moderately during the year under review, but the banking
industry had to go through another difficult year in terms of non-performing investment (non-
performing loan), liquidity pressure, increased deposit costs, regulatory pressure on the banking
sector to reduce the rate of corporate investment and many other issues.

After having a thorough check in the report, Bangladesh Economy seem to grew well in moderate,
but the non-performing investment is facing problems in the year, also the raise in deposit cost, and
the rate of investment is reduced in the banking sector and also there are factors which are also
related to it.

Shahjalal Islami Bank Limited had another good year, considering the tremendous challenges faced
by the banking sector. The bank sustained market success across its 132 branches during the year
2019 and achieved substantial raise. The net operating profit raised Taka,865.13 m, after tax the net
profit has raised to Taka 1718.30 million, EPS has been raised to Taka 1.84. The proportion of NPI
raised to the percentage of 4.91.

Operating Profit:

As per the suitable approach by Bank improved during the year 2019. Operating profit grew
primarily in order to better control the deposit mix, diversify the investment portfolio, use the
surplus fund and manage the treasury operation effectively. Operating profit raised from 4,576.33
million to Taka 5,865.13 in the year 2019, the increase of the profit in operating by 28.16 percent.

Operati ng Profi t
100%
90%
80%
70%
PERCENTAGE

60%
50%
40%
30%
20%
10%
0%
2015 2016 2017 2018 2019
YEAR

FIGURE: OPERATING PROFIT

Investment Income:
The Bank's Gross Investment Income stood at Taka as of 31 December 2019, 20.290.69 million as
against Taka 2018,17,121.99 million. As compared to 85.83 % in 2018, the total sum of income
from investment constitutes 85.91 % in the whole year of 2019. The design of the investment
income shown below:
Investment Income Shares

Investment income in shares had a raise from 373.50 million in 2018 to 478.76 million in the next
year. The following improvement are shown here:

600

500

400

300
NAV

200

100

0
2015 2016 2017 2018 2019
YEAR

FIGURE: NET ASSET VALUE

NAV (Net Asset Value)

Shahjalal Bank net asset value per share is often more than the original value in it’s shareholding. It
means more value is generated by the bank to it’s shareholder. For the result, depositor sureness
growing regularly for participating in the share of bank The last three years Net Asset value are
given:
 Every year NAV
2019 17.68
2018 15.84
2017 15.69
2016 16.67
2015 16.68
DATA: NET ASSET VALUE

Correspondent Relationship

A correspondent relationship has been developed with major foreign banks around the world by
Shahjalal Islami Bank. As the banks in many places across 57 countries are there at 416. These
partnerships around the world are being effectively maintained by the Bank to promote foreign
trade transactions. To promote foreign exchange, the Bank also enjoys ample banks which are
correspondent for adding the LOC.

The network of ATM

Shahjalal Bank has provided Booths to almost 107 and 2295 of joint venture ATM booths, in 2019,
where in 2018 the numbers were only 84 own Booths and 2270 in shared. Clients can gain access to
these booths when it comes to withdraw, balance inquiry, and also do Bkash through the Booth.
Shahjalal Bank carry a lot of transactions through the ATM booths in 2019. They also spend an
ongoing basis to substantially increase and widen its ATM network.

PERFORMANCE ANALYSIS OF DIFFERENT SEGMENTS

Corporate related Banking

Homes are corporate banking. It is a big source of our bank's profit earning. SJIBL has prepared its
corporate sector, the primary source of profits, to accomplish several milestones in its journey
forward extremely well. SJIBL has funded large-scale business sectors as example food, beverages,
manufacturing, transport facilities, accommodation, utilities. Corporate & Wide Investment is
formed according to the needs of our corporate clients to catering the market which are in corporate
needs.

Banking SMEs

The position of Small Medium Enterprises are important, especially in developing countries such
as Bangladesh, for the overall economic development of a nation. In the economic growth of Asia,
the CMSME sector has played a vital role. Terming SMEs as a 'job generating machine,' they
stressed the production of SMEs for greater economic growth, narrowing the income inequality gap
and alleviating poverty.

The business is dependent on technology which is lower, conventional to achieve strong and
sustainable economic growth, but they are also distributed through different service sectors.

SMEs has raised in 2019 to Taka 72,516.50 million, but lesser in2018 was Taka70,395.40 million.

Shahjalal spent capital of Taka46,361.70 million in 2019 Out of Taka42,539.80 million unsettled
moneys are Taka13,242.10 million in the sector of trade and Taka16,734.60 outstanding still not
settled in the side of service. The bank has faith on the woman owners so they have contributed
Taka 1310.66 m disbursed as for the following year in 2019.

Retail Banking

Shahjalal Islami Bank has worked in the department of retailing with very gorgeous products in the
for improving the standard of living and to clients of different classes and professions for meeting
the needs of customers.

Investments have been made in the private sector, which includes Investment on house building for
the purchase of apartments, for renovating the houses. For education the Investment in education is
also there. Other investments also include the marriage and the car investment.

In addition, to have the arrangement on special basis it is to ensure availability in houses for
society's people who are mainly in the middle and lower classes, we have introduced Semi-Pace
Housing Investment. The bank investment in retail banking raises from Taka8,501.49 million in
2018 to Taka8,758.81 million.

Offshore Unit Banking

Offshore Unit Banking is one of the independent sector of Shahjalal Islami Bank which is regulated
using the Bangladesh Bank. Shahjalal has vide letter no. of the Off-shore Banking Unit. Dated 24
July 2008. On 21 December 2008.

Offshore Unit Banking overall investment has raised. As of 31 December 2019, 11.563.90 million.
As at 31 December 2018, 7,049.79 million recorded a tremendous rise in Taka 4.514.11 m. The
pattern of OBU's investment portfolio is described below:
Investment of Off Shore Banking Unit
14,000.00

12,000.00

10,000.00
INVESTMENT

8,000.00

6,000.00

4,000.00

2,000.00

0.00
2015 2016 2017 2018 2019
YEAR

FIGURE: INVESTMENT OF OFF SHORE BANKING UNIT

RISK MANAGEMENT
A bank has various bad factors, whether money will be provided or not. SJIBL has developed a
RMD as the Bangladesh Bank instructions for having policies for mentoring the various factors as
the management of risk solving tools to solve the risk related issues. By taking mitigating
measures, the Detailed Risk Management Report, having monthly risk management meetings,
stress testing, and reporting to the competent authority from time to time, the division is responsible
for determining the appropriate level of risk and risk control. Having meetings of managing, and
other tests relating to the level of stress, and to submit to the supervisor for regularly, for detecting
the risk level in the appropriate level.

Bangladesh Bank put up a group for the management of risk which consists of five board
executives to formulate the strategies and different ways for the activities to manage the risks. For
protecting bank’s capital, the bank within its many threats and financial capital, it follows a risk
less strategies. Bank follows the Bangladesh bank rules for implementation which are:

a) Investment (Credit) Risk Management

The Investment risk are characterized on bank's clients failing for fulfilling fiscal dues.
Exact risk of investment management is established on the basis of danger associated in
single department of business. The tool to manage the risks where adequate rules
developed which determines the obedience at level of the business unit with the
associated sanctions, monitoring procedures and controls. Exposures to investment are
combined from single departments and also periodically tracked. Shahjalal places
sufficient focus at the danger in trade as opposed to the management of risk analysis,
since it reduces risk but does not always increase investment quality. The Bank is also
discussing the Risk Management of Bangladesh. Relating to other forms of banking
industry are concerned, supervisory personnel apply a practical program of daily
supervision.

b) Risk Control for Foreign Exchange

Foreign exchange stems from the currency of overseas transactions involved. The Bank has broad
scope to develop the building of the enterprise and formulate rules and regulations of Foreign
Exchange in compliance with the Bangladesh Bank Guidelines for confirming successful. Shahjalal
maintains numerous NOSTRO accounts in various currencies, including BDT, to conduct
operations. Bank management put up a certain amount not exceeding of transactions with various
books which involve the limitation of the period and transactions. The Foreign Exchange sector
should be audited internally, as per the Bangladesh Bank guidelines, to review main control issues
such as different thresholds, regulatory criteria. Shahjalal complied as per relevant Foreign
Exchange Risk Management rules, regulations, and guidelines.

c) Risk Control for Asset Liability

The amount of risk for controlling the liability of the asset management mechanism that can occur
for result in adjustments in the sector of revenue and loss as there is a conflict between both of
them. The Asset Liability Management Committee, which consists of managers who are older are
led by the director of the managing level, is primarily in charge for managing the risk of asset
liability. The key agenda is the price related issues, the liquid stage, balance sheet problems,
preserving CRR & SLR, economic environment & business status, and profit rate (interest).

d) Risk Control for Money Laundering

The danger of laundering the money is described for credibility and problems for punishment as
careless money laundering prevention. As the accordance with amended Money Laundering, and
Bangladesh Bank rules from time to time, the bank of Shahjalal taken careful steps against the
laundering of money and other danger possibilities relating to it, for which the success rate of the
bank goes higher.

Determining the legislation, the bank applies policies which are free from risk related beneficial for
the customers, tracks client overall data. The Bank periodically gathers the right and complete
Know Your Customer (KYC) documentation that allows money laundering to be prudentially
prevented. As Chief Anti-Money Laundering Enforcement Officer & Committee, Shahjalal Islami
Bank has constituted a board governed by the Deputy Managing Director, which regularly monitors
and ensures compliance through the trained staff of headquarters & branches with issues related to
money laundering.

e) Risk Management for Internal Monitoring & Enforcement

Risk management for internal enforcement seem to be a mechanism set up with the senior
management level and staff of the bank to provide fair assurance as the success related to goals for
terms of quality, effectiveness related activities, access of finance statements, and obedience with
relevant rules.

There is a diversified and dynamic financial operation in the banking industry that entails high risk
in various ways. Consequently, in the banking industry, the problems of the controlling of the
interior mechanism are so much critical, for the reasons Shahjalal discovers the vulnerability for
initiating necessary steps for resolving it. The bank is bound to sharpen and separated its problem
with the interior management and Enforcement department for the division of 3 topics for the
issues relating to well effective interior framework, for following the bank of Bangladesh.

f) Security risk management for Information and Communication Technology

The risk related for the IACT Danger can be discussed by probability relating a specific potential
vulnerability being exercised by a given threat and the resultant effect on the Bank of that adverse
event. In particular, the danger related with the usage of entrepreneurs, service, participation,
control, acceptance of information and communication technologies in Shahjalal is an ICT risk.
This involves IT-related incidents that may possibly have a detrimental impact on the banking
industry.

It may happen at unknown occurrence with severity but also make difficulties for achieving tactical
objectives with goals. Handling the process of Technology aspect for ensuring the situation, a
thorough in determining the features which harm else expose data, assessing these problems in risk
mitigation and reduction solutions. A Policy Guideline has already been developed for successful
management in Bank. Furthermore, Shahjalal periodically arranged internal IT audits and IT
operations training.
g) Liquidity Control of Risk

The risk of liquidity where Shahjalal cannot satisfy its capital related issues in owing period. These
risks may also possess the failure of the due process of Shahjalal its assets on time at a fair price.
The Bank's strategy is to hold ample the all terms obedience. For its liquidity management, the
Bank has set various limits, which is the liquidity coverage ratio, investment deposit ratio, maturity
mismatch, commitment cap,

All sorts of funding are being handled and given precisely to the depository groups which is
maintained by SJIBL. The primary sources reside with the Treasury Division, which manages
liquidity on the basis of historical criteria, and all sorts of financial positions relating to earning in
the future, various forms of fund, needs of funding.

OUTLOOK/ Future Outlook

Future outlook is related with lower targets that restricted funding options, substantial pressure on
the margins of the banking sector is anticipated.

Our Bank therefore aims to concentrate sustaining a growing emphasis through continuous
improvement in automation and product developments on the quality of customer service and
significant cost rationalization initiatives.
Similarly, by efficiently using our vast branch network, sub-branch, and agent banking, Shahjalal
plans on concentrating at the deposit level of lowers. Shahjalal is convinced for the measures for
applying a sustain a policy in performance in future.

From Shahjalal view, through organizational expansion and technical changes, the emphasis will be
given to value-added services. The programs, lower cost liabilities, the increase of expenditure, the
expansion of our money base and the strengthening of our society is key which represent good
position in financing the capital.

The main aspect of long-term success that contributes to the highest levels of employee satisfaction
is successful leadership with a clear vision, and we aspire to create unified teams with strong ethical
standards. To take the Bank from stronger to stronger, we will aim to improve our domestic as well
as global profile.
In 2020, goals:

I) Mobilization of Deposits

The deposit for mobilizing will always be the main motive while relating the fair compete in the
target of deposit as the introduction of the owner who just came into the market. Our focus must be
on hunting low cost no cost deposits for reducing the level of cost in mixing up the deposits.

(ii) Investment Monitoring

Shahjalal will always have the focus on reducing the investment for the economic crisis induced by
the COVID 19 pandemic.

(iii) Net Investment Profits Maintenance

Given the likelihood for the due of Net Investment Profit maintenance the minimizing the overall
revenue into an one level of unit, the main focus must to maintain overall deposit cost and to
maintain profitability through rising lower income for improving business sector.

iv) Control of operating expenses and improvement of cost to income ratio

Because of rivalry, all related incomes are portioned in days ahead. Shahjalal Islami Bank is to look
in reducing the overall cost related in operating, without compromising the superiority in the sector
of services, in order to sustain operating profit growth.
V) Control of Asset Liability

Given the potential risk of earnings focus are related to, i.e. liability sector. Management of Balance
Sheets in the coming year.

VI) Diversification of Goods

In order to build a variety of balancing investments, we will keep on doing of rising savings in the
small medium and retail market sectors. The Shariah based Credit Card has already been launched
for diversifying and improving the small market. Our key priority in the coming year will be the
raising the market with Credit card of Islamic.

Vii) The Control of Capital

In order to further improve its capital adequacy role, Shahjalal will always have in mind to profit
maintenance and investment in customers with good capital.

Viii Information Technology

In the days ahead, the adoption of total update in the IT sector would always have main work will
always have introduction of bank’s new technology.

ix) Accordance with Shariah

Islamic bank on Shariah, the focus is consistent for Islamic Shariah obligations in all of main bank's
operations

Ratio Analysis for SJIBL:

Efficiency levels and profitability:

Asset Return:

ROA is seen as a percentage that from effective bank in producing earnings by usage of resources.
The higher ROA ratio is better because it means that, with less spending, the bank earns more
capital.
Method: ROA = (Net income / Total assets)

Graphical demonstration

Return on Asset

2.5

1.5
ROA

0.5

0
0 0.5 1 1.5 2

ROA

FIGURE: RETURN ON ASSET

Year 2013 2014 2015 2016 2017
ROA 1.02 .59 .94 .93 .58
DATA: RETURN ON ASSET
Interpretation:
The ratio tests the overall effectiveness of the bank, with its available assets, in producing income.
The graph shows that the return on assets of banks increased in 2013 by 1.02 percent. ROA ratios
give investors an indication of how successful the bank is in producing earnings using its assets.
The greater the ROA ratio, the better. In 2014, the ROA decreased by 0.59%. SIJBL's ROA,
however, increased by 0.94 percent in 2015 and 0.93 percent in 2016. It seems to be declining by
0.58 percent in 2017. A low percentage return on assets shows that the bank does not make much
money from the use of its assets. Lower net investment income may be responsible for low
profitability in 2017 due to uncertain economic conditions.

Equity return:

The most important productivity profitability ratio is the return on equity and this ratio calculates
the benefit from the investment of its shareholders in the bank. It also shows how effectively the
management of banks deploys the money of shareholders. The higher the ROE is, in other words,
the better.
Formulae: ROE= (Net income / total equity) *100

Graphical Presentation

Return On Equity
16

14

12

10

8
ROE

0
1 2 3 4 5

0 2 4 6 8 10 12 14

FIGURE: RETURN ON EQUITY

Year 2013 2014 2015 2016 2017

ROE 11.92 6.39. 10.53 12.11 8.98
DATA: Return on Equity

Explanation:
The equity return calculates the return received on the investment of the investor. The chart
indicates that the return on equity from the bank has fluctuated over the years. However, from 11.92
percent in 2013 to 8.98 percent in 2017, the return on equity has decreased. In 2015 and 2016, the
ratio was 10.53 percent and 12.53 percent respectively, which means that SJIBL was able to raise
more deposits from buyers, capable of earning more profit on Bi-Muazzal, capable of earning more
investment profit against letter of credit and mud araba term deposit, capable of earning more
revenue from investment in shares/securities, which eventually led SJIBL to produce more net
profits.

Investment capital return:

This ratio offers an impression of how well a bank uses its resources to produce returns. Return on
the percentage of investment capital, also compared to the weighted average cost of capital, to
verify whether or not the capital invested is used effectively. If ROIC is 2% or more, it implies that
value is generated by a bank and less than 2% means value destruction.
Formulae: ROIC= (Net operating profit after tax/Invested capital) *100

Graphical Presentation

Return On Investment capital

2.5

1.5
roic

0.5

0
1 2 3 4 5

0 0.5 1 1.5 2

FIGURE: RETURN ON INVESTEMENT CAPITAL

Year 2013 2014 2015 2016 2017

ROE 11.92 6.39. 10.53 12.11 8.98
DATA: ROIC

Interpreting:
This graph shows that the return on investment capital from banks has fluctuated over the years.
Nevertheless, it declined by 0.89% in 2014 and 0.75% in 2017. It indicates that the percentage has
improved by 1.52 % ,1.33%,1.27% in 2013, 2015 and 2016, indicating that they are improving to
raise sales.
Expense control efficiency:
The operating costs of a bank are in the numerator and its income is in the denominator. A lower
performance ratio means a better operation of a bank. If the efficiency ratio rises, it suggests that the
expenditures of a bank are increasing. It is a measure of operational performance and cost
management, and after the operating expense is deducted, it displays the percentage of operating
revenue.
Method: Expense control efficiency = Total operating expense / Total operating revenue
Graphical Exhibition:

FIGURE: EXPENSES CONTROL EFFICIENCY

Year 2013 2014 2015 2016 2017
Expenses .46 .53. .54 .50 .52
Control
Efficiency
DATA: Expense control efficiency

Interpreting:
It can be seen from this graph that the average cost control performance for Shahjalal Islami Banks
Limited Improved over the years and the efficiency of cost control in 2015 was 0.54 is the best
choice for this bank.
Margin of Operating Profit:
Operating profit which is divided by total revenue, typically expressed as percentage terms, the
operating profit margin. Data from a bank's income statement helps determine the operating profit
margin. It demonstrates how well bank activities contribute to the profitability of the bank and also
handle its indirect costs.
Formula: Operating profit Margin= Operating Profit / Total Revenue.
Graphical Presentation

Operati ng Profi t Margin

8
7
6
operating profit margin

5
4
3
2
1
0
1 2 3 4 5

0 1 2 3 4 5 6 7

FIGURE: OPERATING PROFIT MARGIN

Year 2013 2014 2015 2016 2017

Net 3.86 6.71. 4.00 3.84 5.74
Operating
Margin
DATA: Operating profit margin
Interpreting:
This data analysis reveals that SJIBL's operating profit margin was 3.86 in 2013, while it was 6.71
in 2014. It suggested that SJIBL worked more consistently over 5 years in 2014. The higher revenue
over expenditure than 2013 was the key explanation for higher operating profit margin, higher
investment profit, higher securities investment profits, brokerage commission etcetera. could also be
responsible for higher revenue over 2014 expenditure. SJIBL's operating profit margin declined to
4.00 in 2015 and 3.84 in 2016. Finally, SJIBL's operating margin rose to 5.74 in 2017.
In 2016 performance was lower because lower income over expenditure for lower profit from
investment. Commission, exchange and brokerage etcetera., might be responsible the performance
of SJIBL.

Equity multiplier:
This financial leverage ratio indicates the shareholder-funded percentage of assets of the banks. In
comparison, it also demonstrates the degree of debt funding used to maintain the activity of banks.
If the bank depends exclusively on debt funding, further cash flows would have to be generated to
pay for its obligations. The higher equity multiplier implies that the bank relies more on debt to
fund its assets.

Formula: Equity multiplier = Total asset / total shareholders’ Equity.

Graphical Presentation

Equity Multi plier

25

20
equity multiplier

15

10

0
1 2 3 4 5

0 2 4 6 8 10 12 14 16 18 20

Fig: Equity multiplier

Year 2013 2014 2015 2016 2017
Equity 11.74 10.84 11.25 13.01 15.61
 Multiplier
DATA: EQUITY MULTIPLIER
Interpretation:
This graph shows that the equity multiplier has improved over the course of 5 years. That's not a
positive sign here. For the bank, higher multiplier ratios are dangerous because it shows that more
assets were funded by debt to pay for bank operations.
Liquidity ratio:
Liquid securities indicator:
Another important liquidity ratio for banks is the Liquid Securities Measure. Stocks and marketable
securities are favorable liquid assets that, in a relatively short period of time when the bank is in
financial distress, can be turned into cash.
Formula: Liquid securities Indicator = Govt. securities /Total assets
Graphical Presentation

Liquid Securiti es Indicator

0.08

0.07

0.06
liquid securities indicator

0.05

0.04

0.03

0.02

0.01

0
1 2 3 4 5

0.01 0.02 0.03 0.04 0.05 0.06 0.07

FIGURE: LIQUID SECURITIES INDICATOR

Year 2013 2014 2015 2016 2017

Liquid .056 .058 .045 .045 .051
Securities
 Indicator
DATA: LIQUID SECURITIES INDICATOR

Interpretation:

This graph shows that the measure of SJIBL liquid securities fluctuates over the years. It has risen
by 0.058 in 2014 than in other years. The higher the index of liquid shares, the better. In behind-the-
scenario short-term securities, the explanation could be increased. However, it declined by 0.045
and 0.045 respectively in 2015 and 2016, but rose by 0.051 in 2017, which suggests a rise in its
liquid assets.
Earning assets to gross ratios of assets:
As an easy tool to calculate which operates to produce income that is useful for long-term
objectives such as retirement saving, banks use the earned assets to total assets ratio tool.
Formula: (Beginning earning assets for the year + ending earning assets for the year) ÷2
Divided by
(Beginning total assets for the year + ending total assets for the year) ÷ 2
Graphical Presentation

Earning Assets To Total Assets Rati os

0.045
Earning asset to total asset ratios

0.04
0.035
0.03
0.025
0.02
0.015
0.01
0.005
0
1 2 3 4 5

0 0.005 0.01 0.015 0.02 0.025 0.03 0.035 0.04

FIGURE: EARNING ASSETS TO TOTAL ASSETS RATIO

Year 2013 2014 2015 2016 2017
Earning .02 .03 .03 .02 .02
assets to total
assets ratios
DATA: Earning assets to total assets

Interpretation:
The data analyzed reveals that in 2013, SJIBL's ratio of earned assets to total assets was 0.02 in
2013 and 0.03 in both 2014 and 2015. Compared to other years, SJIBL performed more
successfully in 2014 and 2015. The reasons for higher earnings assets may be higher investments in
government and other shares and stocks, general investments etc. In 2016 and 2017, SJIBL's ratio of
earning assets to total assets declined by 0.02 for both years and SJIBL operated less efficiently
over the five years.
Current deposits to total liabilities:
This ratio for measuring the deposits for the same duration. Bank might not be earning as much as it
should be if the ratio is too poor. This ratio illustrates the capacity of a bank to the losses that can be
covered up by the clients. Banks try to work on to the liquid position for the coverage of losses
when occurred in the crisis situation.
Formula: Total loans / total deposits
Graphical Presentation

Current deposits to total liabilities

Cruuent dep. to total liabilities

1.6
1.4
1.2
1
0.8
0.6
0.4
0.2
0
1 2 3 4 5

0 0.1 0.3 0.5 0.7 0.9 1.1 1.3 1.5

FIGURE :CURRENT DEPOSITS TO TOTAL LIABILITIES

Year 2013 2014 2015 2016 2017

Current 1.23 1.18 1.16 1.26 1.36
deposits to
total
liabilities
DATA :CURRENT DEPOSITS TO TOTAL LIABILITIES

Interpreting:
Graph shows that, from 2013 to 2017, SJIBL's for the present deposit to overall liability has
increased. Ratio for current deposits to overall liabilities increased to 1.36 over the past 5 years in
2017, showing SJIBL's highest efficiency. The reason behind the SJIBL performance scenario in
2017 may be comparatively lower total obligations for lower bill payable, mudaraba term deposits
etcetera.
Indicator of cash position:
A symbol of financial strength and liquidity is the cash position. It is considered to be a more asset,
for example deposit slips, government cash basis.
F: cash and balance with the others banks / total assets
Graphical Presentation

Cash positi on indicator

0.1
0.09
0.08
cash posoition indicator

0.07
0.06
0.05
0.04
0.03
0.02
0.01
0
1 2 3 4 5

0 0.01 0.02 0.03 0.04 0.05 0.06 0.07 0.08 0.09

FIGURE: CASH POSITION INDICATOR

Year 2013 2014 2015 2016 2017
Cash position .079 .067 .067 .057 .063
indicator
DATA: CASH POSITION INDICATOR
Interpretation:
This graph shows that SJIBL's cash position rose in 2013 to 0.079 after the ratio continued to
fluctuate from 2014 to 2017. The explanation for this scenario may be economic fluctuations.
Debt ratios or leverage ratio
Debt to asset ratios:
It displays a company's percentage of debt against its percentage of assets. It's a proportion of the
overall asset of the bank funded by creditors. In general, the higher the debt-to-total asset ratio, the
greater the financial leverage and the higher the risk.
Formula: Total debt / total assets
Graphical Presentation

Debt to asset rati o

1.02

0.98
debt to asset ratio

0.96

0.94

0.92

0.9

0.88

0.86
1 2 3 4 5

0 0.1 0.2 0.3 0.4 0.5 0.6 0.7 0.8 0.9 1

FIGURE: DEBT TO ASSET RATIO

Year 2013 2014 2015 2016 2017

Debt to asset .091 .091 .091 .092 .094
ratios
DATA: DEBT TO ASSET RATIO

Interpretation:
The graph shows that in the years 2013, 2014 and 2015, the debt to asset ratio of the SJIBL was
almost constant at 0.91. The debt to asset ratio rose to 0.92 and 0.94 respectively over the last 5
years in 2016 and 2017, reflecting SJIBL's highest financial leverage.

Ratios of debt to equity:

A big performance metric for any bank is the debt to equity ratio. This ratio is a contrast between
the amount of funds given by the lender and the amount of funds provided by the owner. However,
since some companies use more debt funding than others, the debt to equity ratio depends on the
sector. It is also a ratio of financial leverage. This shows the willingness of shareholder equity to
make up all debt obligations.

Formula: Total debt / total shareholder equity.

Graphical Presentation

Debt to Equity rati o

18
16
Debt to equity ratio

14
12
10
8
6
4
2
0
1 2 3 4 5

2 4 6 8 10 12 14 16

FIGURE: DEBT TO EQUITY RATIO

Year 2013 2014 2015 2016 2017

Debt to 10.74 9.84 10.25 12.01 14.61
equity ratios
DATA: Debt to equity ratio
Interpreting:
This graph shows that the debt-to-equity ratio fluctuated between 2013 and 2016, with a rise of
14.61 in 2017. It suggests that shareholder equity was not adequate to make up the debt obligations.
Ratio of Equity to Asset:
An investment solvency ratio is the equity to asset ratio. It shows how much of the assets of the
company are financed by equity shares. It reflects a company's financial health.
Formula: Net worth / total asset.
Graphical Presentation:

Equity to asset rati o

0.12
0.1
0.08
percentage

0.06
0.04
0.02
0
1 2 3 4 5
equity to asset ratio

0.01 0.02 0.03 0.04 0.05 0.06 0.07 0.08 0.09 0.1

FIGURE:EQUITY TO ASSET RATIO

Year 2013 2014 2015 2016 2017

Equity to 10.74 9.84 10.25 12.01 14.61
asset ratio
DATA:EQUITY TO ASSET RATIO

Interpretation:

The graph shows that SJIBL amounted to 0.085, 0.092, 0.089, 0.077 and 0.064 respectively in 2013,
2014, 2015, 2016 and 2017. After 2015, the equity of SJIBL's assets steadily declined. Over the past
5 years, SJIBL was able to gain higher net sales in 2014. The economic conditions were very strong
in 2013, 2014 and 2015, and the rate of return on deposits was higher. This finally led to SJIBL
earning more net profits.

Quality ratio review for the market:

EPS:
EPS shows the profitability of a company and market investors use it regularly to gauge the
profitability of a company before purchasing its share.
Formula: EPS = (Net income-preferred dividend) / weighted average number of shares
outstanding.

Graphical Presentation

EPS
3.5

2.5

2
eps

1.5

0.5

0
1 2 3 4 5

0.5 1 1.5 2 2.5 3

FIGURE: EPS

Year 2013 2014 2015 2016 2017

EPS 10.74 9.84 10.25 12.01 14.61
DATA:EPS
Interpreting:
This graph shows that, over the years, bank earnings per share have fluctuated. However, in 2014,
earnings per share fell by 1.02.
Ratio Price-to-Earnings:
It is also known as multiple pricing. It is the share price of banks that takes shape per share. It is
used to assess a bank in order to decide if banks are overvalued or undervalued. Investors expect a
higher P/E ratio to offer higher growth in profits.
Formula: P/E ratio =Market price per share of common stock/ Earnings per share.

Graphical Presentation

Price Earning
25
20
Price earning

15
10
5
0
1 2 3 4 5

2 4 6 8 10 12 14 16 18 20

FIGURE: PRICE EARNING

Year 2013 2014 2015 2016 2017
Price Earning 10.74 9.84 10.25 12.01 14.61
DATA: PRICE EARNING
Interpretation:
The price income ratio tests the trust of investors in the organization. The price earnings graph
illustrates uncertainty over the years. The price earnings ratio, however, has declined 14.29 times in
2016. This suggests that the confidence of investors in the company has declined over the course of
the year.

Recommendation
They are doing their best as a leading bank to keep their place. While they are the leading private
banks, certain areas need to be changed. Below, some recommendations are given:

 SJIBL should give their General Banking sector more significance.

 They should go for more high-profile projects and their goodwill would increase more.
 More workers for each division should be hired.
 Proper training for all workers should be provided.
 Keep refreshing each branch of the bank.
 The SJIBL server needs to be more revised.
 The relationship between employees needs to be better and more positive
 A consumer survey should be periodically performed. To make SJIBL understand the
requirements of any customer.
 The place of work should be improvised.
 SJIBL should implement more new deposit schemes.
 SJIBL should run a strong advertising for new schemes and initiatives.
 Applying new technology to each branch is important.
 Providing more resources for customers.

Conclusion

A part of our lives is the banking business. As long as we use currency, it is with us. Banks have
the highest protection for our cash depositors. The banking is impossible as beat. Our GDP is in
the right place for the banking sector. The banking industry is becoming stronger than any other
financial institution through various types of schemes, ventures, and services.

One of the most popular banks in the banking sector is Shahjalal Islami Bank Limited. In the
market, their success is excellent. As a Sharia-based bank, they adopt the transaction method of
Interest-Free. In their place, they are efficient. They began their journey in 2001, and now they're
at their peak. It is possible to tell from the analysis that their success is following an upward
trend. They are very focused on their evolution. They provide Bangladesh's economy with
positive growth. SJIBL has a very strong relationship with its customers and this gives SJIBL a
great deal of strength.

I have been working under pressure as an intern. Even though I worked for GB most of the time,
they support me so much for my purpose of learning. They give me a good guide to
accomplishing my internship goal. I have acquired a great deal of knowledge and skills that
enable me to succeed in the corporate world. I have the honor of becoming part of SJIBL.

References

Appendix: Reference & Bibliography

I. For referencing of article:

https://link.springer.com/chapter/10.1007/978-3-030-10907-3_6
http://dspace.uiu.ac.bd/handle/52243/466
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2776474
 https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2776474

II. For referencing of websites:

https://www.sjiblbd.com/Financial_Statements.php
http://www.journalofbusiness.org/index.php/GJMBR/article/view/1845
http://www.allresearchjournal.com/archives/2016/vol2issue9/PartE/2-8-91-627.pdf
http://dspace.bracu.ac.bd/xmlui/handle/10361/6131
http://aaber.com.au/index.php/AABER/article/view/20
http://www.academia.edu/download/57088042/April-June-
2018_Journal_of_Islamic_Banking_and_Finance.pdf#page=68
http://dspace.bracu.ac.bd/xmlui/handle/10361/12425
https://www.google.com/search?
rlz=1C1CHBF_enBD815BD815&q=shahjalal+islami+bank+annual+report+2016&sa=X
&ved=2ahUKEwjsuMrMoPTkAhXEfisKHcLNB74Q1QIoAXoECAoQAg
https://www.google.com/search?
rlz=1C1CHBF_enBD815BD815&q=social+islami+bank+annual+report+2017&sa=X&v
ed=2ahUKEwjsuMrMoPTkAhXEfisKHcLNB74Q1QIoBXoECAoQBg

III. For referencing of book:

Zaman, M. R. & Movassaghi, H. (2001). Islamic Banking: A Performance Analysis.
Journal of Global Business.

Sarker, M. A. A. (1999). Islamic Banking in Bangladesh: Performance, Problems and

Prospects. International Journal of Islamic Financial Services.

Islamic banking and finance (2019, April 04). Retrieved April 24, 2019, from
https://en.wikipedia.org/wiki/Islamic_banking_and_finance