Maximizing profit in the Islamic banks sector using the linear programming method Iraqi Islamic bank for Investment & Development model

Abstract

The study aims to use liner programming in the distributing the available and limited resources of the Iraqi Islamic bank for Investment & Development to achieve the greatest possible profit. With comparison with the classic methods used in the distribution available resources in the Iraqi Islamic, bank for Investment & Development. The study was based on the assumption that, the use of linear programming can determining the optimal distribution of limited resources at Iraqi Islamic bank for Investment & Development can achieve the greatest profit. The results of the implementation of the optimal plan for the linear programming model and compared with the actual plan of the Iraqi Islamic bank for Investment & Development for the year of 2016. The study has derived many conclusions, the most important of which as preented hereunder: 1. The Liner programming method is an effective method to develop plans to maximize the return which confirms the validity of the first hypothesis.2. When comparing the results with the actual data, of the Iraqi Islamic bank for Investment & Development has achieved higher return with a lower amount of financing. On the other hand, the most important recommendations of the study are introducing linear programming technology and other quantitative methods to work in the drawing up of investment plans and policies in the banking sector and the redistribution of financial resources, According to the higher yielding investments sectors.