What is Islamic Bond Sukuk? What is Islamic Bond Sukuk? SUKUK (Islamic Bond) may be the alternative channeling of funds for industrialization of Bangladesh Contributor: Dr. Mohammed Shahid Ullah There is a growing demand for shariah compliant instruments in the Islamic countries as well as the rest of the world as […]
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Payza Facilities bank lists in Bangladesh Payza Facilities bank lists in Bangladesh The following banks in Bangladesh facilitate the PAYZA: AB Bank Limited Agrani Bank Limited Al-arafah Islami Bank Limited Bangladesh Bank Bangladesh Commerce Bank Limited Bangladesh Development Bank Limited Bangladesh Krishi Bank Bangladesh Samabaya Bank Limited Bank Al-falah Limited […]
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Main Document Used in Transport in Import and Export Main Document Used in Transport in Import and Export are given below: Bill of Lading Consignment note / Delivery note Airway bill/Air consignment note Packing list and Weight note Goods received note/Cargo receipt Transport documents Transport document serves as an evidence […]
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Security-Concept & Types-Characteristics of good Security One of the most important functions of a bank is to employ its fund by way of Investments/loans and advances to its customers and a bank’s strength depends considerably on the quality of its Investments/loans and advances. Though the banks are now expected to […]
Read moreIntegration of Human Resource in Strategic Decision Introduction to Integration of Human Resource in Strategic Decision Integrating Human Resource Strategy with Corporate and Functional Strategies GM’s corporate strategy of retrenchment and revitalization that we examined in the case at the beginning of this chapter will drive human resource, marketing, operations (production), […]
Read moreCheque Types-Crossing of cheque and Endorsement Cheques may be of two types: Open or uncrossed cheques & Crossed Cheque 1. An open cheque is payable at the counter of the drawee bank on the presentation of cheque. Such cheque runs great risk in the course of circulation because once a […]
Read moreModes Of Investment Under Islamic Banking Investment Instrument of an Islami Bank: Islami Bank invests its money in various sector of the economy through different modes permitted by shariah and approved by Bangladesh Bank. The modes of investment are as follows: 1. Mudaraba. 2. Musharaka 3. Murabaha [ Commercial, Post […]
Read moreImport by Letter of Credit Authorisation Form-LCAF Authentication/Registration Of LCAF: When the importer submits LCAF (Letter of Credit Authorisation Form) with other papers to the bank to open L/C, Bank will Authenticate the LCAF, confirming the following: IRC is valid, renewal fee paid (if required) Item to be imported is […]
Read moreSpecial types of Bank’s Customers-Minor or Infant, Lunatics, Drunkard or Intoxicated Person, Married Woman, Illiterate Person, Trustees, Executors, and Administrators. Every person who is competent to contract can open an account with a bank provided the bank is satisfied regarding his bonafides and is willing to enter into necessary business […]
Read moreDuties and Obligations of Paying Banker Duties and Obligations of Paying Banker and Collecting Banker under NI Act, 1881 Paying Banker >A Banker on whom a cheque is drawn should pay the cheque when it is presented for payment. , >This cheque paying function is a distinguished one of a banker. […]
Read moreHow to Open a US Bank Account as a Non-USA Citizen? How to Open a US Bank Account as a Non-USA Citizen? Now we are presenting here the process “How to Open a US Bank Account as a Non-USA Citizen”. To open a bank account in the USA is so […]
Read moreInformation of Central Bank of India on a page History of Central Bank of India Established in 1911, Central Bank of India was the first Indian commercial bank which was wholly owned and managed by Indians. The establishment of the Bank was the ultimate realisation of the dream of Sir Sorabji […]
Read moreINDIA BANKING REGULATION ACT 1949 INDIA BANKING REGULATION ACT, 1949 The law governing the working and functions of banks in India was .passed in 1949 and named as the Banking Regulation Act, 1949. Before passing this Act, the banking companies were governed by the Indian Companies Act, 1913. Since banking […]
Read moreUCPDC 600-Uniform Customs and Practice for Documentary Credits 600 ( UCPDC ) UCPDC 600 Bangla UCPDC ARTICLE 1 Application of UCP The Uniform Customs and Practice for Documentary Credits, 2007 Revision, ICC Publication No. 600 (“UCP”) are rules that apply to any documentary credit (“credit”) (including to the extent to […]
Read moreCanara Bank Canara Bank Canara Bank is one of the largest public sector banks owned by the Government of India. Its headquarter is in Bengaluru. It was established at Mangalore in 1906( by Ammembal Subba Rao Pai). It is one of the oldest public sector banks in the country. […]
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