Islamic Banking: True Modes of Financing By Dr. Shahid Hasan Siddiqui, Eminent Pakistani Banker & Economist. Introduction Prohibition of interest is ordained in Islam in all forms and intent. This Prohibition is strict, absolute and unambiguous. The Holy Qur’an in verse 278 of Surah Al-Baqarah states: “O ye who believe! […]
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How to get Bank Jobs in USA? While a job in banking is widely considered to be a high-paying career, it’s a lot more than just money. Although it’s true that you’ll be reasonably compensated for the stress involved, banking roles can be pretty exciting and present incredible learning prospects […]
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International Islamic Financial Market(IIFM) International Islamic Financial Market (IIFM): Established in 2001 in Manama, Bahrain to develop and regulate an International Financial market bašed on Shari’ah Rules and Principles. IIFM which is based in Manama and hosted by the Central Bank of Bahrain (CBB), was established in 2002 under the […]
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The assessment methodology of CDCS Examination 2022 The CDCS is assessed in a single examination lasting three (03) hours. The examination paper is split into two sections. The assessment methodology of CDCS Examination Section A: Section A is assessed by 60 multiple-choice questions, with one mark available for each correct […]
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The World Bank The World Bank was set up in 1944 with a agreement to create post-World War II reconstruction. The World Banks headquarter is in Washington, D.C. It has more than 9,000 employees in more than 100 offices worldwide. The World Bank is a vital source of financial and […]
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Who is a notify Party of Bill of Lading? Notify is the name and address details of the person who should be notified of the arrival of the cargo… Depending on the bill of lading that is issued this could be the actual buyer or receiver of the goods, clearing […]
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MH Islami Bank Proposal Format MH Islami Bank Proposal Format MH Islami Bank Limited ———————–Branch Date: Subject A. Proposal for sanction/renewal of Composite Revolving Investment Limit of Tk————–Lac as follows or renewal with the enhancement of Composite Revolving Limit from Tk——–Lac to Tk.——-Lac as follows: a. LC/BBLC : Taka————-Lac b. […]
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Ethics in Banking sector Lecture Note Compiled by: Ihsanul Aziz Additional Managing Director Social Islami Bank Limited Ethics in Banking sector Ethical Issues with reference to the Banking sector: Adam Smith (2003, 372) in Book II of The Wealth of Nations identified three essential conditions for confidence in banks. They […]
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Guide to Documentary credits Guide to Documentary credits Guide to Documentary credits- Definitions Guide to Documentary credits- Definitions-www.bankingallinfo.com Guide to Documentary credits- Definitions? Learning objectives In this study text,reference is made repeatedly to different terms that are associated with documentary credits and the type(s) of role that a bank may undertake. […]
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Bank of Maharashtra Bank of Maharashtra: Bank of Maharashtra is a major public sector bank in India. The government of India holds 81.61% of the total shares.The bank has 15 million customers across the length and breadth of the country served through 1897 branches as of 5 April 2016. It has […]
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Hopes for the Future of Islamic Finance Introduction I am grateful to Allah SWT, to brother Muazzam Ali and to organizers of this Conference: the Institute of Islamic Banking and Insurance and the Islamic Development Bank for the opportunity of being here tonight. I am especially pleased to see our […]
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ISBP 600 ISBP 600 The Application and Issuance of the Credit 1. The terms of a credit are independent of the underlying transaction even if a credit expressly refers to that transaction. To avoid unnecessary costs, delays and disputes in the examination of documents, however, the applicant and beneficiary should […]
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All bank branches address in Bangladesh AB bank branches address in Bangladesh Agrani Bank branches address in Bangladesh Al-Arafah Islami Bank branches address in Bangladesh Bangladesh commerce bank branch addresses in Bangladesh Bangladesh Development Bank Limited branches address in Bangladesh Bangladesh Krishi Bank branches address in Bangladesh Bank Al-Falah Limited branches address […]
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Shariah Requirements for conventional banks By Sheikh Nizam Yaquby Shariah Scholar Bahrain Many conventional banks and financial institutions are increasingly becoming interested in Islamic finance and investment. How can these conventional banks and institutions enter this market? Is it possible or not? This paper is an initial attempt to lay […]
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