Browsing by Author "Kabir, Mohammad Rokibul"

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A Comparative Analysis of Profit Rate on Deposit in Islamic Banks in Bangladesh
(CRP, International Islamic University Chittagong, Bangladesh, 2014-12) Kabir, Mohammad Rokibul; Chowdhury, Abdul Hamid
The study is based on a total number of seven full-fledged listed Islamic Banks operating in Bangladesh. Secondary sources of data are used in this research. Data were collected from the Website of Bangladesh Bank and studying relevant literatures. This paper examines whether there is any differences of profit rate on deposits among different Islamic Banks. It also aims at finding whether there is any relationship between inflation and profit rate on deposits. Analyses have been done for two types of deposits accounts called Mudaraba Term Deposits Account and Mudaraba Savings Account. The results of the study reveal that, in case of Term Deposits the highest mean return is 11.06458% as offered by the First Security Islamic Bank Ltd. and the lowest mean return of 8.687500% is offered by Export Import Bank of Bangladesh Ltd. while in case of Mudaraba Savings Deposits the highest mean return of 6.583333% is offered by the First Security Islamic Bank Ltd. and the lowest mean return of 4.330417% is offered by Al Arafah Islami Bank Ltd. during the studied period. One sample t-test has been applied to find whether there is any significant difference in profit rate in different months and the study unfolds that the profit rate differs significantly in all the banks from month to month. The findings of Paired Sample t-test suggests that there is a significant difference in mean return between the Islamic banks in both of the Mudaraba Term Deposits and Mudaraba Savings Accounts in all the cases except for two pairs as the return on savings deposit does not significantly differ between Al Arafah Islami Bank Ltd. and Social Islami Bank Limited while it does not differ significantly between Social Islami Bank Limited and Islami Bank Bangladesh Ltd. in case of Mudaraba Term Deposits. Finally, the relationship between inflation and rate of profit is found insignificant in case of Mudaraba Saving Deposits while significant relationship has been discovered between Mudaraba Term Deposits and rate of inflation
Impact of short and medium term investment concentration on earnings and dividend distribution: Evidence from Islamic Banks in Bangladesh
(CRP, International Islamic University Chittagong, Bangladesh, 2017-12) Hossain, Md. Amzad; Kabir, Mohammad Rokibul
The aim of Islamic banking is to ensure interest-free banking system. To achieve the aim, Islamic banks use various modes of transactions as replacement of interest based system. Among the modes, some are short term and medium term and some are long-terms in nature. The study aimed at evaluating different investment modes to find investment concentration of Islamic banks in their portfolio. Secondary sources of data have been used to facilitate the research where a few persons were interviewed for some first-hand data related to investment modes. This study revealed that the investment portfolio of Islamic banks in Bangladesh mainly concentrates on short and medium-term investment which contributes to earning reasonable returns. These reasonable returns ensure stable dividend to the shareholders of Islamic banks in Bangladesh. This paper also discovered a significantly higher return of short and medium period investment than long-term based investment.
Management of Sadaqah through social enterprises: A study on Anjuman Mufidul Islam Bangladesh
(CRP, International Islamic University Chittagong, Bangladesh, 2017-12) Kabir, Mohammad Rokibul; Sobhani, Farid A.; Kausar, Aflatunal
Islam prefers a society where justice and equity is maintained and any business upholding the social justice and equity by ensuring social and environmental sustainability may be considered as a business in accordance with Islamic principles. In fact, social enterprises are such business concerns in modern context. Instead of scatter contribution of Sadaqah, its efficient use through the establishment of social enterprises may help ensuring social justice and uphold the prime purpose of Islamic financial systems. Anjuman Mufidul Islam, Bangladesh is one of such enterprises and the study is an endeavor to evaluate the management of Sadaqah by this enterprise. The research also attempts to propose a model for efficient management of Sadaqah through social enterprises. The secondary sources of data collected from the annual report of Anjuman Mufidul Islam, Bangladesh have been used to evaluate how well it is managing Sadaqah and a model for efficient use of Sadaqah has been proposed based on the existing models of social enterprises.
A Masjid Based Zakat Management Model in Alleviating Poverty: Bangladesh Perspective
(Centre for Research on Islamic Management and Business, 2016-12) Kausar, Aflatunal; Alauddin, Md.; Kabir, Mohammad Rokibul
A Masjid Based Zakat Management Model in Alleviating Poverty: Bangladesh Perspective
Socially Responsible Investments of Islami Bank Bangladesh Limited (IBBL)
(Centre for Research on Islamic Management and Business, 2015-06) Islam, Serajul; Kabir, Mohammad Rokibul; Alam, Abu Hanifa Md. Noman Bin
This study briefly focuses on the status and growth of the socially responsible investments of IBBL. To conduct this study, researchers have collected both primary and secondary data. Primary data have been collected through questionnaire with interview of 50 clients in Hathazari who are under the umbrella of Rural Development Scheme (RDS) of Hathazari branch of IBBL. It is observed that, almost all investment schemes of IBBL is biased to the socially responsible investments and the schemes are designed considering safety and well being of the society. The special feature of the investment policy of the bank is ‘investment on the basis of profit-loss sharing in accordance with the tenets and principles of Islamic Shari’ah’. Earning profit is not the only motive and objective of the bank’s investment mechanism, significant stress is also given on attaining social welfare and in creating employment opportunities. The bank is financing various economic groups in different sectors in both urban and rural areas for improving their economic condition as well as social status.