Jun 21st, 2015
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INTERNSHIP REPORTONBANK AL-FALAH LIMITEDMBA HUMAN RESOURCESumitted To:ChairmanDepartment of Business AdministrationSubitted By:Name: WAQAR AHMADRoll#: AH-525694Registration#: 09-PJM-02689Mailing Address: Bank Alfalah Ltd - Islamic Banking Group,310-A Opposite National Hospital, Gulberg Road, Faisalabad- PakistanContact#: 0300-9605901, 048-3726807Date of Submission: 05-04-2013ALLAMA IQBAL OPEN UNIVERSITY ISLAMABADACKNOWLEDGMENTI owe commencing my empathy and thanks to my Almighty Allah to enabled me to liberation seek out an arduous responsibility with appropriate care and caution in rime interest of myself and to the great credit of my worth teachers , parents and especially elder brother Mr. Ahmad Bilal. Various people being very important for me to widen my report devoid of their support I might never flourish to complete this report. The planning and preparation of this report is not just my efforts owing to the co-operation of my friends Muhammad Javed Iqbal & Abdul Ghafoor who helped me to compile my efforts in the shape of this report. CHAPTER 1BANK AL-FALAH LIMITED1.1 EMERGENCE OF BANKINGThe word Bank is derived from Bancus or Banque. History of banking is traced to 2000 B.C in Greece. Priest and Goldsmiths acted as financial agents by keeping money and valuables of people in temples in strong safes. Thus, the first stage in the development of modern banking was accepting of deposits of ca

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