Islamic Banking: Problems and Prospects | | |Islamic Banking | |Before I discuss about the problems and prospects of Islamic Banking‚ I am discussing some primary issues such as definition‚ | |objective and history of modern Islamic banking. | |Definition:
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"You cannot teach a man anything; you can only help him to find it within himself." -Gallileo Galilei (1564-1642) The Audacity of Hope: The Banking Concept of Education In Freire’s essay‚ The Banking Concept of Education‚ he advances the idea that the inherent objective of the "banking concept" is to educate the poor and illiterate to remain "oppressed"; he implies that this is accomplished in part by "narrative" teaching methods‚ and the lack of critical thinking required of the students
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Selfish Leadership Leadership is rightly considered the axle on which the entirety of the entity in perspective rotates. The wide range of leadership styles in theory and the same manifested in real life scenarios‚ sometimes‚ sway too far away from being ideal. And that is just where fingers point at the validity of the leadership in question. There are two planes where this selfish motive exists and both connected. The managers not working towards achieving the organizational goals‚ but rather
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economic crisis to its status of third largest economy in the world by 2011‚ India has grown significantly in terms of economic development. So has its banking sector. During this period‚ recognizing the evolving needs of the sector‚ the Finance Ministry of Government of India (GOI) set up various committees with the task of analyzing India’s banking sector and recommending legislation and regulations to make it more effective‚ competitive and efficient.[1] Two such expert Committees were set up under
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“This is a Battle‚ a War” In his essay “The ‘Banking’ concept of Education”‚ Freire introduced the readers two methods of teaching‚ that are “banking education” and “problem-posing education”. A “banking educator” makes the students mechanically memorize the information he or she unloads on them just like depositing in a bank‚ while a “problem-posing educator” inspires the students to be critical and aims for the liberation of society. In the movie “Dead Poet Society”‚ Keating would for
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The banking industry is the backbone of any monetized economy. The stage of development of this industry is a good reflection of the development of the economy. The banking industry in India is governed by Banking Regulation Act of India‚ 1949. Since 1949‚ this sector has undergone phenomenal reforms due to the efforts and the vision of the policymakers. The first phase of reform began with nationalization of the 14 banks in 1969. At this stage‚ priority sectors were identified and banking support
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Cost Leadership: Any organization in order to survive in a highly competitive market should be able to achieve sustainable growth and profitability. Companies that have managed to reduce costs and understand the cost technology can obtain sustainable advantage as a cost leader. In order for any company to become a cost leader is important that the cost technology is understood and the five constituent steps are implemented and followed by the management. The five steps towards obtaining
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CRM & the Banking Industry http://www.ehow.com/how_6808577_implement-crm-banks.html Carl Wolf Currently residing in Coral Gables‚ Florida‚ Carl Wolf has been a banker and financial services professional for the past 41 years. He began to publish online articles about his profession in 2009. Wolf holds an associate degree from Los Angeles City College and a certificate in international banking. CRM & the Banking Industry Customer Relationship Management (CRM) helps banks to
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manager makes the subordinates to work‚ a leader work with the people. Management philosophers and thinkers have been interested in identifying the difference between a manager and a leader. Some leaders show management skills and some mangers show leadership skills. It is now well established that there is difference between a manager and a leader. A leader leads from the front. His language will be like come let us do the work. On the other hand a manager believes in planning and coordinating the
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‚ Rose Perez‚ noticed that while small retail customers flocked to the bank‚ the number of business customers was declined. Columbia City Bank’s costing system‚ develop back in 1988‚ is straightforward. No costs are traced directly to customers. The bank simply assigns the total indirect costs to customer lines (retail customer line or business customer line) based on the total number of checks processed. The definition of a retail customer is basically any customer other than an institutional customer
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