Investment Approval Process of ISLAMIC Banking - An Identical Investment Approval Process Model: A Case Study on Some Selected Islamic Banks in Bangladesh
International Journal of Business and Economics Research
Volume 5, Issue 5, October 2016, Pages: 155-160
Received: Jun. 29, 2016; Accepted: Jul. 22, 2016; Published: Sep. 22, 2016
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Authors
Md. Shahinoor Rahman, Department of Accounting and Information Systems, Begum Rokeya University, Rangpur, Bangladesh
Md. Shafiul Islam, Department of Accounting and Information Systems, Begum Rokeya University, Rangpur, Bangladesh
Md. Morshadul Hasan Arif, Department of Accounting and Information Systems, Begum Rokeya University, Rangpur, Bangladesh
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Abstract
Bangladesh is a developing country having various religious people. The majority portion of people is Muslim in this country. Bangladesh is in a growing stage of Business and its development. Banking sector is one of the best source of this development in Business. For being one of the developing country as well as Muslim country, there are several variation in this banking systems. General commercial banks and some Islamic banks are doing business today across this country but their systems of banking is different. Researchers had a curiosity of finding out those differences in this paper researchers tried to find out the dissimilarities in investment approval process of Islamic Banks with investment approval process or credit or loan approval process of others commercial banks. Researchers also tried to review the actual and identical investment process of Islamic banks as well as differences with other commercial banks. Researchers used both direct and indirect method to collect data on this rigorous issue. Researcher took several Islamic Banks and worked on their investment process. Researchers found several dissimilarities with general commercial banks’ credit approval process. Finally researchers recommended a specific and complete model for investment approval process of Islamic Sariah Oriented banks.
Keywords
Investment, Investment Process, Investment Approval Process, Credit Management
To cite this article
Md. Shahinoor Rahman, Md. Shafiul Islam, Md. Morshadul Hasan Arif, Investment Approval Process of ISLAMIC Banking - An Identical Investment Approval Process Model: A Case Study on Some Selected Islamic Banks in Bangladesh, International Journal of Business and Economics Research. Vol. 5, No. 5, 2016, pp. 155-160. doi: 10.11648/j.ijber.20160505.14
Copyright
Copyright © 2016 Authors retain the copyright of this article.
This article is an open access article distributed under the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0/) which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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