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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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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Regular used words in banking world Promissory Note Promissory Note is an instrument in writing (not being a banknote or a currency note), containing an unconditional undertaking, signed by the maker, to pay on demand or at a fixed or determinable future time a certain sum of money only to, […]
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ATM is automatic teller machine (ATM) ATM is automatic teller machine (ATM): ATM is the acronym of automatic teller machine (ATM),which is also known as an automated banking machine (ABM) in Canada, is a computerized telecommunications device that provides the clients of a bank or financial institution with right of […]
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What is the definition of a Bank? Definition of Bank Bank is a financial institution or corporation which deals with money and its substitutes; it also provides other financial services. Banks accept deposits and make loans and obtain a profit from the difference in the interest paid to lenders (depositors) […]
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The adverse effects of interest on society By Justice Muhammad Taqi Usmani Justice of the Supreme Court of Pakistan The Nature of money and the effects of interest charged by banks and whether it comes within the purview of injustice, are some of the issues discussed by Justice Taqi Usmani, […]
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The Role of Central Banks in Islamic Banking Dr. Iraj Toutounchian Prof. C. G. Harcourt: “…ideologies…affect the topics discussed, the manner of discussion, the factors included or left out or inadequately stressed in arguments, comments, and models and attitudes shown, sympathetic or hostile,…to past and contemporary economists’ works and views. […]
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Islamic Investment Products Available In The United Kingdom By Professor Rodney Wilson, University of Durham, United Kingdom Introduction London has become the largest international centre for Islamic finance outside the Muslim World, largely as a result of the City’s role as a centre for Middle Eastern and Asian banking. Treasury […]
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