BANK ISLAMI

Management Assignment

Submitted To: Sir Qazi Waheed

Submitted By: Hafiza Khadija Ali, Muhammad Usama, Muhammad
Ammad, Uzair Khan, Shareef Ul Allah
Table of Contents
Introduction:..............................................................................................................................................2
History:.......................................................................................................................................................2
Branches:...................................................................................................................................................2
Logo............................................................................................................................................................3
Slogan:........................................................................................................................................................3
Vision:........................................................................................................................................................3
Mission:......................................................................................................................................................3
Core Values:...............................................................................................................................................4
Top Competitors........................................................................................................................................4
Core Competency:.....................................................................................................................................4
Targeted Audience:...................................................................................................................................5
Relationship with Employees:..................................................................................................................5
Job Analysis:..............................................................................................................................................5
Ways to Bank:............................................................................................................................................6
Account Services:......................................................................................................................................6
Strategic planning:....................................................................................................................................6
Operational plan:......................................................................................................................................7
Operational planning of BDO:.............................................................................................................7
Changes in External Environment:..........................................................................................................7
SWOT analysis:.........................................................................................................................................7
Strength:.................................................................................................................................................7
Weakness:..............................................................................................................................................8
Opportunities:........................................................................................................................................8
Threats:..................................................................................................................................................8
BCG metrics:.............................................................................................................................................9
Bank Islami:...............................................................................................................................................9
Introduction:

Bank islami is a second full fledge Islamic commercial bank of Pakistan. It is first

bank to receive the Islamic banking policy. It focuses primary on wealth

management and removing RIBA from society.

Bank Name: Bank Islami

Address: Plot 1 sector B phase 5, Hayatabad, Peshawar, KP, Pakistan

Phone Number: 091 5830026

History:

The idea of bank islami was conceptualized by Jahangir Siddique and limited

company and Randeree family in 2003. Business application to state bank of

Pakistan was submitted in 2004. In 2005 Dubai bank joined and sponsored and

become one of the founding shareholders of Bank Islami by investing 18.75% in

total capital.

Branches:

Head office of Bank Islami is situated in Karachi. There is total 340+ branches in

123 cities in Pakistan. There is total 5 branches in Peshawar.

Logo

Ustad Shafiq uz Zaman the calligrapher of Masij e Nabvi has crafted the logo

Slogan:

Serving you, the right way.

Serving Humanity from RIBA.

Vision:

The vision of Bank Islami is to be recognized as the leading authentic Islamic

Bank.
Mission:

The mission of bank islami is to create values for our stakeholders by offering

authentic, shariah complaint and technologically advanced product and services.

Core Values:

 Product Authenticity

 Customer Focus

 Meritocracy

 Integrity

 Teamwork

 Humility

 Innovation

Top Competitors

Top of competitors of bank islami is National bank of Pakistan, the bank of

Khyber, Meezan bank, UBL, Askari Bank, MCB Bank.

Core Competency:

1. Proactively fabricate one to one material via effective e-business.

2. Providing one touch facility.

 3. Mere Pakistan Mera Ghar scheme chance to own low priced homes,

fulfilling your dream of having a home.

Targeted Audience:

The bank islami targeted people of every age like they targeted students for their

fee deposits, job people for their salary, old people for their pension. They also

targeted hospitals like a RMI is surrounded by it end target major government

sector for their fund investment like text board paint forest department.

Relationship with Employees:

Ben islami relationship with employees or not friendly as we asked dear one of

employee that if someone or another bank offer you at better salary package will

you avail the offer or stay are being loyal to bank islami he clearly said he will

avail the opportunity of getting better salary. while employees with good

performance are given incentives and promotions.

Job Analysis:

bank islami job analysis includes conduction of interview they focus on

meritocracy and on young generation. those people are selected who has bachelor’s

degree and minimum experience.

Ways to Bank:

People have access to bank by their branches in different areas, ATM in different

sectors net banking mobile banking and call centers.

Account Services:

 Current account with zero account maintenance fee.

 Choice of currency PKR, Euro, USD, GPB, and JBY.

 Transfer of funds with lowest transaction fee.

 Access to quick and timely foreign exchange services.

 They haven't paid bank Islamic serve its customers with nationwide

branches in all major cities and towns.

 Unlimited within city and intercity transaction.

 Free deposits and withdrawals over the country service at all banks Islamic

branches.

Strategic planning:

 It provided by the State Bank of Pakistan.

 Enabling policy environment.

 Sharia governance and compliance.

 Awareness and capacity building excuse me.

  Market development.

Operational plan:

Operational planning of BDO:

 provide new accounts.

 To open 15 accounts within a month.

 To fulfill one insurance within month.

 To cover 3 million deposits

Changes in External Environment:

 Because of coronavirus communication decreases while deposit remains the

same.

 Taliban attack on Afghanistan creates so much uncertainty as we share our

territory with them.

 Decreases the FDI, shrink economy and dollar rise to 176.15.

SWOT analysis:

Strength:

 It has an advantage of doing less marketing is compared to conventional

banking because of better cost control.

 As a bank mode on name bank islami in Pakistan so it has an advantage of

religious position.

 Attract new customer and retain potential customer by beginning innovation

to product and services.

Weakness:

 To compete with conventional bank a lot of capital is required, and a large

number of resources help to maintain to meet any loss situation.

 Staff of the bank is less experienced and young.

 Lack of specialization that is employees are routed from one to another job

after totally different characteristics.

Opportunities:

 Due to Islamic banking new market have merged like Islamic insurance and

investment projects.

 eCommerce and marketing development.

Threats:

 Increased competition in both domestic and foreign market.

 Good job opportunities offer outside attract current employees.

 Other organizations are using better HR techniques.

BCG metrics:

we have three columns in BCG matrix.

1. Star (continue the business as usual)

2. cash cow (earn money as much as possible)

3. Question Mark (Risky business)

4. Dog (close the business)

Bank Islami:

1. SME investments

2. Remittances

3. Nonprofit deposits

4. general investments
5. we have found that SME investments stands in star quadrant as well as

remittances and general investments wealth the nonprofit investments stand

in question mark quadrant.

THANK YOU!