イスラーム世界研究（2007）2 号 イスラーム世界研究 第１巻 2 号（2007 年）38-53 頁 Kyoto Bulletin of Islamic Area Studies‚ 1-2 (2007)‚ pp. 38-53 Islamic Microfinance: A Missing Component in Islamic Banking Abdul Rahim ABDUL RAHMAN* 1. Introduction Microfinance means “programme that extend small loans to very poor people for self employment projects that generate income in allowing them to take care of themselves and their families” (Microcredit Summit‚ 1997). The World Bank has recognized microfinance programme as an
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THE BANKING REGULATION ACT‚ 1949 (Act No. 10 of 1949) [10th March‚ 1949] PREAMBLE PART I: PRELIMINARY Sections 1. 2. 3 4. 5. 5A. Short title‚ extent and commencement Application of other laws not barred Act to apply to co-operative societies in certain cases. Power to suspend operation of Act Interpretation Act to override memorandum‚ articles‚ etc. PART II: BUSINESS OF BANIKNG COMPANIES 6. 7. 8. 9. 10. 10A. 10B 10BB Forms of business in which banking companies may engage Use of words "bank"‚
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ORIGIN AND EVOLUTION OF INDIAN BANKING Opinions differ as to the origin of the work "Banking". The word "Bank" is said to be of Germanic origin‚ cognate with the French word "Banque" and the Italian word "Banca"‚ both meaning "bench". It is surmised that the word would have drawn its meaning from the practice of the Jewish money-changers of Lombardy‚ a district in North Italy‚ who in the middle ages used to do their business sitting on a bench in the market place. Again‚ the etymological origin
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Banking laws amendment bill 2011 The salient features of the Bill are as follows: • To enable banking companies to issue preference shares subject to regulatory guidelines by the RBI; • To increase the cap on restrictions on voting rights; • To create a Depositor Education and Awareness Fund by utilizing the inoperative deposit accounts; • To provide prior approval of RBI for acquisition of 5% or more of shares or voting rights in a banking company by any person and empowering RBI to
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2. What are the objectives & achievements of bank nationalization in India? Objectives- According to the Banking Companies Act‚ 1970‚ the aim of nationalization of banks in India is “to control the heights of the economy and to meet progressively and serve better the needs of development of the economy in conformity with national policy and objectives.” 1. The elimination of concentration of economic power in the hands of a few 2. diversification of the flow of bank economic credit towards
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Interest Rate Risk in Islamic Banking Introduction Many countries‚ especially those with a substantial number of Muslim citizens operate a dual banking system. This system has both the Islamic and conventional banking systems which cater for the needs of both the Muslim bankers and the non-Muslim bankers. In a conventional and theoretical banking system‚ it would be expected that a change in the banking interest rates would yield a responsorial change for customers in the event that the customers
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BANKING REGULATIONS ACT 1949 The Banking Regulation Act was passed as the Banking Companies Act 1949 and came into force wef 16.3.49. Subsequently it was changed to Banking Regulations Act 1949 wef 01.03.66. Summary of some important sections is provided hereunder. The section no. is given at the end of each item. For details‚ kindly refer the bare Act. * Banking means accepting for the purpose of lending or investment of deposits of money from public repayable on demand or otherwise and withdrawable
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A STUDY OF ACCOUNTING OF BANKING COMPANIES SUBMITTED IN PARTIAL FULFILLMENT OF REQUIREMENTS FOR THE AWARD OF MASTER OF BUSINESS ADMINISTRATION AND MASTER OF BUSINESS LAWS [pic] UNDER THE ABLE GUIDANCE OF PROFESSOR Dr. GAJENDRA MEHTA FACULTY IN CHARGE‚ PRINCIPLES OF ACCOUNTING BY Iftekhar anees M.B.A.‚M.B.L SEMESTER I NATIONAL LAW UNIVERSITY‚ JODHPUR. August‚ 2006 BONA-FIDE CERTIFICATE Certified that this study paper is the bona fide work Dr. Gajendra Mehta‚ Faculty
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SUBMITTED BY MANGESH GAIKWAD (BATCH – 2009-2011) DEPARTMENT OF MANAGEMENT STUDIES NORTH MAHARSHTRA UNVERSITY JALGAON-425001 Company certificate Declaration I Mr. Mngesh Gaikwad hereby declare that the project entitled “Technical Analysis on Banking Sector” carried out at Satvik Investments And Securities is a genuine work of M.B.A. (Finance) 2nd year course of North Maharashtra University‚ Jalgaon. To the best of my knowledge any part of this context has not been submitted earlier for any Degree
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Drive 516-384-5329 | astein9@binghamton.edu EDUCATION [Binghamton University] [Vestal]‚ [NY/USA] Bachelor of Science in Financial Economics Expected [Spring 2016] • GPA: 3.0; WORK & LEADERSHIP EXPERIENCE Maxim Group Manhattan‚ NY Intern‚ Investment Banking May 2012 – [May 2012 • [Summary sentence stating what you did and the overall results of your work] • Selected [Client / Project / Transaction] Experience: • [Project #1] • Produced marketing material including Pitch book for 9.5m retail deal with
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