Part-Two

Part-Two

2. 1 B ac kground 2. 2 Vi si on of S JI BL 2. 3 M is s i on of S JI BL 2. 4 S tra tegi es of S JI BL 2. 5 M otto of S JI BL 2. 6 Orga n gra m of SJ IB L 2. 7 M a na ge me nt Hi era rc h y of SJ IB L 2. 8 Dep a rt me nt s & d i vi si o ns of SJ IB L 2. 9 F i na nc i a l hi ghli g h ts o f SJ IB L

2.1 BACKGROUND
Shahjalal Islami Bank Limited, a Shariah Based Commercial Bank in Bangladesh was incorporated as a Pubic limited company on 1st April, 2001 under Companies Act 1994. The Bank commenced commercial operation on 10th May 2001 by opening its 1st branch, i.e. Dhaka Main Branch at 58, Dilkusha, Dhaka obtaining the license from Bangladesh Bank, the Central Bank of Bangladesh. Its corporate head office is situated at 10, Dilkusha Commercial Area, Jiban Biama Bhaban, Dhak-1000, Bangladesh. The Bank opened 2(two) branches in 2001, 6(six) branches in 2002, 2(two) branches in 2003, 2(two) branches in 2004, 4(four) branches in 2005, 5(five) Branches in 2007, and 7 Branches in 2008. Total number of branches stood at 33 (Thirty Three) in 2008 and the Bank opened 5(five) SME Centers in 2008 at important business locations of the country. Besides this, the Bank is taking all initiatives to open more 15(fifteen) branches, 05(five) SME Centers and 08(eight) branches of brokerage house in Dhaka and some other important place of the country in the ear 2011. 1) Principal Activities The principal activities of the Bank is to provide all kind of commercial banking products and services to the customers including deposits taking, cash withdrawal, ext4ending, investments to corporate organization, retail and small & medium enterprises, trade financing, lease and hire purchase financing, issuance of Debit Card. Its vision is to be the best private commercial bank in Bangladesh in terms of efficiency, capital adequacy, asset quality, sound management and profitability. 2) Strategic plan for future growth

The Banking industry experienced intensification of competitive pressure as the national and international banks operating in Bangladesh strongly pursued the banking and financing needs of the Corporate, Retail, SME sector customers through diversification of products and service with ATM, Debit card facilities and Internet Banking. Besides, rates of profit became very competitive for deposit and lending rates without adjusting the profit on deposit. Considering the overall scenario, SJIBL continues to focus on its delivery channel, technology, human resource and its brands along with branch network, Business promotion, Corporate Social Responsibility and product diversification. 3) Shariah Council of Bank As per Article 30 of the Articles 30 of the Articles of Association of the and, Shariah Council for the Bank has been constituted. The Shariah council of the Bank consists of prominent Ulema, Bankers and Economist to advice and guide on the implementation of Islamic Sharaiah in business activities. The Council enjoys a special status in the structure of the Bank and playing a vital role to make the bank as Shariah compliant. In het year 2008, the total number of meetings of he Shariah Council of he Bank was 03(three). 4) Feature of Shahjalal Islami Bank Limited (SJIBL) Sense of satisfaction of having an International brand. Anywhere anytime banking 24 hours and 7 days a week banking Directly linked to Cardholders Account Convenient Cash Withdrawal at ATMs Acceptability at huge number of Q-cash ATMs around Bangladesh Accepted at all VISA ter5minals locally and globally

Local & International transactions with the same card (for Dual Cards)
Accounts Balance Inquiry Mini Statement PIN Change Shopping at a large number of Q-cash POS terminals around Bangladesh Payment of Utility Bills Avoid pressure at counters of Bank Minimizing risk of carrying cash.

Company Information (At a Glance)

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Name of the Company Principal Activity Date of Incorporation Started Operation on Number of Branches No. of ATM Booth No. of SME Centers Off-Shore banking Unit SWIFT Chairman Managing Director Total Employee Number of Shareholders Authorized Capital Paid up Capital Face Value of Share Equity Investment Auditors Tax Advisor Legal Advisor Number of Foreign Correspondents

Shahjalal Islami Bank Limited Commercial Banking April01, 2001 May10, 2001 56 14 06 01 SJBL BD DH Alhaj Mohammed Solaiman Md. Abdur Rahman Sarker 1601 8294 Tk. 4,000 million Tk. 3425.12 million Tk. 100 Tk. 3,041 million Tk.20,617 million M/S. Syful Shamsul Alam & Co. Chartered Accountants M/S K.M Hasan & Co. Chartered Accountants Hasan & Associates Chamber of Commerce Building 496

Table 1: Company Information (At a glance) 2.2 VISION OF SJIBL

To be the unique modern Islami Bank in Bangladesh and to make significant contribution to the national economy and enhance customers' trust & wealth, quality investment, employees' value and rapid growth in shareholders' equity.

2.3 MISSION OF SJIBL

To provide quality services to customers. To set high standards of integrity. To make quality investment.

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 To ensure sustainable growth in business To ensure maximization of Shareholders' wealth. To extend our customers innovative services acquiring state-of-the-art technology
blended with Islamic principles.

To ensure human resource development to meet the challenges of the time.

2.4 STRATEGIES OF SJIBL

To strive for customers best satisfaction & earn their confidence. To manage & operate the Bank in the most effective manner. To identify customers needs & monitor their perception towards meeting those
requirements.

To review & updates policies, procedures & practices to enhance the ability to extend
better services to the customers.

To train & develop all employees & provide them adequate resources so that the
customers needs are reasonably addressed.

To promote organizational efficiency by communication company plans, polices &

procedures openly to employees in a timely fashion.

To cultivate a congenial working environment. To diversify portfolio both the retail & wholesale market.
2.5 Motto of SJIBL

Committed to Cordial Service.

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2.6 ORGAN GRAM OF SJIBL Board of Directors Shariah Council

Executive Committee of the Board Managing Director

Policy Committee of the Board

VP/SVP Board of Secretariat Senior Executive Vice President (Adm) Senior Executive Vice President (Op.)

Executive Vice President (Adm)

Executive Vice President (Op.)

Investment Committee

SVP/VP Investment Division 13

SVP/VP Human Resource Division

VP/SAV P Training, Research & develop ment

VP/SAV P Audit & Inspectio n

SAVP/A VP Public Relation s Division

VP/SAV P Common Services Division

SAVP/A VP Compute r & IT Division

VP/SAVP Financial Administr ation Division

VP/SAV P Intl Trade Finance & Treasury Division

Figure 2: Organ Gram of SJIBL

2.7 MANAGEMENT HIERARCHY OF SJIBL

Managing Director (MD)

Deputy Managing Director (DMD) Senior Executive Officer (SEO) Executive Vice President (EVP) Senior Vice President (SVP) Vice President (VP) Senior Assistant Vice President (SAVP) Assistant Vice President (AVP) First Assistant Vice President (FAVP) Junior Assistant Vice President (JAVP) Senior Executive Officer (SEO) Executive Officer (EO) First Executive Officer (FEO) Junior Executive Officer (JEO) Assistant Executive Officer (AEO) Senior Officer (SO) Officer
Figure 3: Management Hierarchy of SJIBL

2.8 DEPARTMENTS & DIVISIONS

1. Retail Banking & Consumer Banking Division

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2. Finance Department 3. Corporate Banking Division 4. Loans and advance Division 5. Human resources Department 6. Marketing Department 7. SME Banking Division 8. Treasury Division 9. Trade Service & Correspondents Banking Division 10. Card Division 11. Information & Technology Division. 12. Internal Control & Compliance Division

2.9 FINANCIAL HIGHLIGHTS OF SJIBL

Un-Audited

Highlights of Performance
(Amount in Core)
Sl. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Particulars Authorized Capital Paid-Up Capital Required Capital Capital Maintained (a+b) a) Core Capital b) Supplementary Capital Capital Adequacy Ratio (In June 2010 as Basel II) Total Deposit Investment Investment - Deposit Ratio Classified Investment Required Provision for Investment Provision Maintained against Investment Excess Provision Amount of provision against Off-Balance Sheet Classified Investment to Investment Net Classified Investment to Net Investment Operating Profit Net Profit Earning Per Share Net Asset Value per Share Import Jun-2010 600.00 342.51 548.93 647.42 557.02 90.40 9.43% 5,444.70 5,239.13 96.22% 65.80 62.56 67.85 5.29 21.80 1.26% 1.03% 162.01 89.42 26.11 169.95 2,526.26 Jun-2009 400.00 274.01 343.28 449.39 396.67 52.72 13.73% 4,228.61 3,761.33 88.95% 17.58 42.25 43.90 1.65 12.35 0.47% 0.37% 81.56 36.13 10.55 144.77 1,695.99 Growth Percentage (%) 50.00 25.00 59.91 44.07 40.42 71.47 28.76 39.29 274.29 48.07 54.56 220.61 76.52 98.64 147.50 147.49 17.39 48.95

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21 22 23 24 25 26 27

Export Foreign Remittance Total Foreign Exchange Business (20+21+22) Total Assets No. of Employees No. of Branches No. of Foreign Correspondent

1,914.43 293.56 4,734.25 6,754.38 1485 63 600

1,339.51 359.66 3,395.16 5,268.43 1,152 35 600

42.92 -18.38 39.44 28.20 28.91 48.57 -

Table 2: Performance at a glance of SJIBL

SHAHJALAL ISLAMI BANK LIMITED BALANCE SHEET AS AT 30 SEPTEMBER 2010 Un-Audited

Taka PROPERTY AND ASSETS Cash Cash in hand (Including Foreign Currencies) Balance with Bangladesh Bank & Sonali Bank (Including Foreign Currencies) Balance with other Banks and Financial Institutions Inside Bangladesh Outside Bangladesh Placement with other Banks & Financial Institutions Investments in Shares & Securities Government Others Investments General Investment etc. Bills Purchased and Discounted Fixed Assets Including Premises Other Assets Non Banking Assets Total Assets LIABILITIES AND CAPITAL Liabilities Placement from other Banks & Financial Institutions Deposits and Other Accounts Mudaraba Savings Deposits 887,741,679 6,782,242,973 7,669,984,652 1,067,444,036 145,609,062 1,213,053,098 3,697,181,235 1,100,000,000 704,275,418 1,804,275,418 49,416,125,431 5,596,608,118 55,012,733,549 1,282,203,830 482,813,441 71,162,245,223 4,300,000,000 3,928,145,756

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Mudaraba Term Deposits Other Mudaraba Deposits Al-Wadeeah Current & Other Deposit Accounts Bills Payable Other Liabilities Deffered Tax Liabilities Total Liabilities Capital/Shareholders' Equity Paid-up Capital Statutory Reserve Retained Earnings Asset Revaluation Reserve Total Shareholders' Equity Total Liabilities & Shareholders' Equity Table: Balance Sheet as at 30 September, 2010

34,257,559,010 13,521,359,910 5,236,439,324 757,190,480 57,700,694,480 2,521,550,206 66,613,015 64,588,857,700 3,425,119,500 1,649,576,011 1,248,067,711 250,624,301 6,573,387,523 71,162,245,223

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