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, […]
Read moreAuthor: Banker Makhluk
The Role of Central Banks in Islamic Banking
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. […]
Read moreIslamic Investment Products Available In The United Kingdom
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 […]
Read moreSWIFT History
SWIFT History SWIFT is the acronym of Society for Worldwide Interbank Financial Telecommunication (SWIFT) SWIFT History * Increase in International trade and commerce after World War-II * Efficient Banking System for payment mechanism with Security, Reliability and Confidentiality was needed. * Computer and Telecommunication technology came to rescue. * SWIFT […]
Read moreProfessionalism in Banking Sector
Professionalism in Banking Sector Professionalism is being aware of the language of time. People need to be professional for the betterment of the institution by recognizing the do and don’t of the job. Professionalism tends to abide by the commands of the authority that synchronizes with the professional knowledge, that […]
Read moreRegistration And Regulation Of Stock Exchanges
Registration And Regulation Of Stock Exchanges As the securities and exchange ordinance, 1969 ,Bangladesh Sec.-3: No Stock Exchange to Operate Without Registration.- No Stock Exchange shall operate or carry on its functions and no person shall use or utilize, for the purpose of any transaction or dealing in any security, the […]
Read moreSea Ports list of Bangladesh
Sea Ports list of Bangladesh Seaport refers to the establishment for loading and unloading of goods having anchorage facility for ships and embarkation and disembarkation facilities for passengers. Since 80% people of the world live within 100 miles of coastlines, seaports emerged as immense economic important places for people of […]
Read moreHow to export goods from Bangladesh to India
How to export goods from Bangladesh to India Export to India At first, we have to know what is export? Exports are the excess or surplus goods and services sell to another country. It is produced locally and sold it to Internationally. Export process from Bangladesh to India What is the […]
Read moreInformation of Bank of Baroda
Information of Bank of Baroda Information of Bank of Baroda : Brief History of the bank Bank of Baroda is an Indian state-owned International banking and financial services company headquartered in Vadodara (earlier known as Baroda) in Gujarat, India. It is the second largest bank in India, next to State […]
Read moreAmerican Express Credit Card financial services in India
American Express Credit Card financial services in India American Express, popularly called Amex, is a global financial services institution founded in the year 1850 in Buffalo, New York City. It has its headquarters in Manhattan’s Three World Financial Centre in New York City. Its key products are charge cards, credit […]
Read moreInformation of Andhra Bank
Information of Andhra Bank Information of Andhra Bank Information of Andhra Bank: Brief History of the bank “Andhra Bank” was founded by the eminent freedom fighter and a multifaceted genius, Dr. Bhogaraju Pattabhi Sitaramayya. The Bank was registered on 20th November 1923 and commenced business on 28th November […]
Read moreLocker facility and procedures thereof
Locker facility and procedures thereof With a view to expanding services to the clients, for safe keeping of jewellery, valuables, documents etc. Lockers may be installed to the Branches: The operation of lockers may be made as per following guidelines: Following size of lockers may be available to the […]
Read moreDifference Between Derivatives and Equity
Difference Between Derivatives and Equity What is Equity? Equity is a form of ownership in the firm and equity holders are known as the ‘owners’ of the firm and its assets. Any company at its stage of a start-up requires some form of capital or equity to begin business operations. […]
Read moreBANKER OBLIGATIONS TO HONOUR THE CHEQUES
Banker obligations to honour the cheques Obligations to honour the cheques : The deposits accepted by a banker are his liabilities repayable on demand or otherwise. The banker is, therefore, under a statutory obligation to honour his customer’s cheques in the usual course. Section 31 of the Negotiable Instruments Act, […]
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