Corporate governance Corporate governance especially relevant to Islamic financial institutions Why is corporate governance especially relevant to Islamic financial institutions and what advantages does it give them? Ans.: Corporate governance especially relevant to Islamic financial institutions because it involves a set of relationships between a company’s management, its board, its […]
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Lodgement Of Import Documents
Lodgement Of Import Documents If import documents found in order, it is to be made entry in the bill register & necessary voucher to be passed putting bill number on the documents, completing the necessary formalities. This process is called Lodgement. Documents must be lodged immediate after receipt of the […]
Read moreSupervision, Follow-Up And Monitoring Of Advances
Supervision, Follow-Up And Monitoring Of Advances Lending is one of the most important functions of a commercial bank and with the modern concept of social order and participation of commercial banks in various phases of commercial, industrial, agricultural and other economic activities of the country, it is of paramount importance […]
Read moreWhat is UCPDC 600
What is UCPDC 600 UCPDC 600 is the latest version of the rules that govern letters of credit transactions worldwide. UCPDC 600 is prepared by International Chamber of Commerce’s (ICC) Commission on Banking Technique and Practice. Its full name is 2007 Revision of Uniform Customs and Practice for Documentary Credits, […]
Read moreShort Question UCPDC 600
Short Question UCPDC 600 Question:01 What is UCPDC ? Ans:Uniform Customs and Practice for Documentary Credits Question:02 How many Articles in UCPDC 600 ? Ans: 39 Articles Question:03 What is the title of Article 01 UCPDC 600 ? Ans:Application of UCP Question:04 What is the title […]
Read moreHire Purchase Musharaka Mutanaqasa (HPMM)
Hire Purchase Musharaka Mutanaqasa (HPMM) Hire Purchase Musharaka Mutanaqasa (HPMM) Introduction, Theory and Application Mode of Investment in Islamic Banking Markup Based Bai Muazzal Bai Murabaha Bai Salam Bai Istisna Rental Based Izara Hire Purchase/Izara Bill Baia Hire Purchase Musharaka Mutanaqasa (HPMM) Hire Purchase Shirkatul Melk (HPSM) Sharing Based Mudaraba […]
Read moreIslamic Banking vs. Conventional Banking
Islamic Banking vs. Conventional Banking Islamic Banking vs. Conventional Banking (Foreign Exchange Mode) From the view point of Islamic “Shariah’ (law), in order to be justified as an Islamic way of dealing with financial transactions the banking systems has to avoid interest. Consequently, financial intermediation in Islamic banking between the bank […]
Read moreHow to import and Export through L/C
How to import and Export through L/C Key point of Discussion Workshop on “ How to import and Export through L/C ” General Concept About Foreign Exchange Operation Concept of Foreign Exchange Local Regulation for Foreign Exchange Foreign Exchange Regulation Act Guideline for Foreign Exchange Transaction Foreign Exchange Circular Export […]
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20 Import Quiz Test
20 Import Quiz Test Q.1. What is Foreign Exchange? Ans: Foreign Exchange: As per the Foreign Exchange Regulation Act. 1947, Section 2(d) “Foreign Exchange” means foreign currency and includes any instrument drawn, accepted, made of issued under clause 13 of Article 16 of the Bangladesh Bank order, 1972, all deposits, credits […]
Read moreSignificant Changes in UCPDC-600
Significant Changes in UCPDC-600 Significant Changes in UCPDC-600 Compared with Publication no. 500 ******* #Article :1 :It has been expressly indicated that UCP600 contains rules. # :2 :All the parties including Banks and Clients have been categorically defined. Also different terminologies have been clarified. # :3: :All the interpretations […]
Read moreExport Development Fund (EDF)
Export Development Fund (EDF) Export Development Fund (EDF) is a special credit window created by Bangladesh Bank to provide short-term finance in foreign currency for import of raw materials by opening L/C at sight by the export oriented garment industries. At the request of Bangladesh Government with a view to […]
Read moreImport & Export Financing
Import & Export Financing Legal framework of International Trade: i. Import & Export (Control) Act –1950 (Sub Section 1 of Section 3) Import Policy Order Export Policy ii. Foreign Exchange Regulation Act (FERA)-1947 iii. Guidelines for Foreign Exchange Transactions (GFET): Vol – I & Vol – II iv. Directives […]
Read moreAll Bank Branch Location of BD
All Bank Branch Location of BD All BD Bank Branch Location Step: One Please click the link of the bank which branch location you want. Step-Two Go to home page of the Bank. Step-Three Find Branch location and click there.Remember this, some time branch location not found then click contucts […]
Read moreSample of SWIFT Letter of Credit
Sample of SWIFT Letter of Credit sender : SOCIAL ISLAMI BANK LIMITED (PRINCIPAL BRANCH, DHAKA) BANGLADESH . receiver : ICICI BANK LIMITED (GLOBAL TRADE SERVICES UNIT-MUMBAI) IN . 27: Sequence of Total 1/1 40A: Form of Documentary Credit IRREVOCABLE 20: Documentary Credit Number 120209020060 31C: Date of Issue 090915 […]
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All BD Banks Head Office
All BD Banks Head Office All BD Banks Head Office Private Bank In Bangladesh 1.AB Bank Limited Contact: AB Bank Limited, BCIC Bhaban, 30-31 Dilkusha C/A, Dhaka 1000 Phone: +880-2-9560312 Fax: +880-2-9555098 Email: info@abbl.com 2.Bangladesh Commerce Bank Ltd. Contact: Bangladesh Commerce Bank Ltd. Eunoos Trade Centre (Level-22) 52-53 Dilkusha C/A […]
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