Permanent Timetable of Salat for Islamic Banker Date Subhe Sadik Sun Rise Johr Start Asr Start Magrib Start Esha Start 1 Jan 5-14 6-41 12-04 3-49 5-30 6-46 10 Jan 5-16 6-43 12-08 3-52 5-33 6-49 20 Jan 5-18 6-44 12-12 3-03 5-43 6-58 1 Feb 5-17 6-41 12-15 4-11 […]
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Theories of International trade International trade theories are simply different theories to explain international trade. Trade is the concept of exchanging goods and services between two people or entities. International trade is then the concept of this exchange between people or entities in two different countries. People or entities trade […]
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Back to Back Letter of Credit opening BACK TO BACK Letter of Credit is a credit ,which is backed by Export L/C or Master L/C. Ready-made garment industries and specialized Textile units have been allowed the facility of importing fabrics and other materials needed for the manufacture of garments/ specialized […]
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5 C,s of selecting Good Borrower Selection of Good Investment Client: Investment is a very important function in a commercial bank but the riskiest task. Generally, it is difficult to recover the principal amount with profit from investment client if there is no proper selection & evaluation. If a bank […]
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List of required papers for proposal appraisal Required papers/documents for appraising investments Proposal List of common papers required for appraisal of Investment proposal 1) Application of the client for investment facility 2) Photography of the client i.e. owner/partners/directors duly attested by the Branch incumbent 3) Photocopy of both sides of […]
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Common Irregularities in General Banking Common Irregularities in General Banking department of a Bank Common Irregularities in GB Cash department • Vault Limit exceeded. • Time of movement of cash to and from the vault is not being mentioned /recorded in the vault register. • Entry for inward and outward […]
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Step by step Export Procedure How to Export Steps to Export from Exporter side: 1) To open an account with a Bank. 2) To be collect ERC (Export Registration Certificate) from CCI & E. 3) To collect TIN from Bangladesh Revenue Board. 4) To collect Export L/C / Transferable Export […]
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How to open a Partnership Account? 1. Account opening form of a bank to be filled in and signed by the account holder 2. Introduction by an account holder with signature and account number or any person which is acceptable to the bank 3. Two copies of recent passport size […]
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ISBP-International Standard Banking Practice The ISBP is a checklist of best practices worldwide for checking documents under the UCP, ICC’s universally used rules on letters of credit. Because the UCP rules are general in nature, it was necessary to define in greater detail the term “international standard banking practice”, first […]
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Law of Limitation- Period of Limitation for Suit The law of limitation prescribes the period within which existing rights can be enforced in a court of law. The object of the limitation act is to prescribe the period within which the existing right can be enforced in the court of […]
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Issues and Relevance of Islamic finance in Britain Introduction Philosophical Foundation and Core Concepts Islamic finance is an ethical, indigenous and equitable mode of finance, which derives its principles from the Quran (The revealed book of Muslims) and tradition of the Prophet Muhammad (pbuh). Shariah law (Islamic law), which is […]
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Adequacy of Disclosure in Islamic Financial Institutions By Muhammad Shabbir, Bank Analyst, Capital Intelligence, Cyprus Introduction: Public disclosure through the publication of financial statements has long been the source of information on the business performance of financial institutions. In recent years, however, financial institutions, under pressure from market forces, have […]
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