Shariah Compliance_ Irregularities Detected While Inspecting Branch and Remedial Measure

Shariah Compliance: Irregularities Detected While Inspecting Branch and Remedial Measure

Shariah Compliance: Irregularities Detected While Inspecting Branch and Remedial Measure   ِكُلٍّ جَعَلْنَا مِنكُمْ شِرْعَةً وَمِنْهَاجًا To each of you We prescribed a law and a method.                                                             [5. Sura Mayeedah : 48] SHARIAH & IT`S OBJECTIVES شريعة is an Arabic word : It means The way, Road Path, Destination […]

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What is trade based money Laundering

What is Trade Based Money Laundering?

What is Trade Based Money Laundering? Definition of Money Laundering  What is money laundering? “Money laundering is the process by which criminals attempt to hide and disguise the true origin and ownership of the proceeds of their criminal activities, thereby avoiding prosecution, conviction and confiscation of the criminal funds.” UK-Joint […]

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Floating Rates of Exchange_ Implementation Mechanism & Operational Procedure

Floating Rates of Exchange: Implementation Mechanism & Operational Procedure

Floating Rates of Exchange: Implementation Mechanism & Operational Procedure Exchange rate is one of the key macroeconomic variables and efficient management of exchange rate is very crucial for continued performance of external sector competitiveness and openness. Like the experiences of many other countries considering gradual openness and increasingly integrated pace […]

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What are the Importance of International Business for economy

What are the Importance of International Business for economy?

What are the Importance of International Business for economy? The points below highlight the importance of international business: a) Earn foreign exchange: International business exports its goods and services all over the world. This helps to earn valuable foreign exchange. This foreign exchange is used to pay for imports. Foreign […]

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Zakat- meaning

Zakat- meaning, principles,basis, categories,inflation,advantages and influence

Zakat- meaning, principles,basis, categories,inflation,advantages and influence (a) Its Meaning for Modern Man The word “Zakät” means “that which purifies” and “that which fosters”. All original sources of wealth—the sun, the moon, the stars, the earth, the clouds that bring rain, the winds that drive the clouds and carry the  pollen, […]

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