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Operational workings prescribed by Islamic Sharia advisors The objective: Riba free financingProduct Lines Musharakah: Contract of advanced payment against delayed delivery goodsIstisna: My observations are following: Bank Alfalah Islamic Banking division is financially very strong bank.
Following are some of the strengths of the Bank.
Alfalah bank is applying the TQM in each of its branch, which is the great achievement. No other bank has this departmentBank Alfalah Islamic is financially strong and has a huge deposit reserve.
Lack of branch network as compared to other Islamic banks in PakistanMore job rotationIt is a step behind in using new technology MIS as compared to other banks.
Most of the employees are overloaded with workslow in the introduction of new services as compare to other Islamic banks in Pakistan i. Bank can extend its network in other cities of Pakistan. In certain era of Pakistan people emphasizes more on Islamic mode of banking.
Bank is facing intense competition from other Islamic Banks working in PakistanBank is performing very well in the presence of unstable political and economic situation but this uncertainty is a continuous threat for the bankSWOT analysis shows that Bank Alfalahs strengths are more than its weakness and it has a chance of availing many opportunities.
Selling more of the same to same type of people Market Development: Selling the existing products to new consumersProduct Development: Selling new products to existing customersDiversification: More focus on MIS required: Introduction of New Products:Jan 01, · 7-Eleven, Inc.
MarketLine Company Profile 7-Eleven, Inc. SWOT Analysis 77 Bank, Ltd. MarketLine Company Profile MarketLine, a Progressive Digital Media business MarketLine, a Progressive Digital Media business MarketLine, a Progressive Digital Media .
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