Different Deposit Products of SIBL 1. Al-Wadiah Current Account: AL-WADIAH Deposit is accepted on AL-WADIAH principles which mean al Amanah with permission to use. The Bank commits to refund money deposited in these Accounts on the demand of customers. On the other hand the Bank takes permission from customers that […]
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Know Your Customer (KYC)
Know Your Customer (KYC) KNOW YOUR CUSTOMER (KYC), CASH TRANSACTIONS REPORT (CTR) AND SUSPICIOUS TRANSACTION REPORT (STR) A definition of what constitutes the offence of money laundering under Bangladesh law of the Prevention of Money Laundering Act 2002: “Money Laundering means – Properties acquired or earned directly or indirectly through illegal […]
Read moreBank jobs link in India on a page
Bank jobs link in India on a page India is the seventh-largest country of the world. It has total area of 3,287,263 square kilometres (1,269,219 sq mi). India measures 3,214 km (1,997 mi) from north to south and 2,933 km (1,822 mi) from east to west. It has a land […]
Read moreImport and export finance under islamic mode
Import and export finance under Islamic mode Foreign Exchange deals with Foreign Trade & Foreign Remittance. Foreign Trade as well as Import & Export. Foreign Remittance as well as Inward Remittance & Outward Remittance. Foreign currency instruments such as Foreign draft, Traveler’s Cheque, Bill of Exchange, MT, TT and P.O. […]
Read moreSukuk (Islamic Bond) May Be The Alternative Channeling Of Funds For Industrialization Of Bangladesh
Sukuk (Islamic Bond) May Be The Alternative Channeling Of Funds For Industrialization Of Bangladesh Dr. Mohammed Shahid Ullah* There is growing demand for shariah compliant instruments in the Islamic countries as well as the rest of the world as an alternative to conventional instruments. In the conventional financial system, the […]
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