Comparison between Islamic Banking and Conventional Banking Introduction As far as commercial banking is referred‚ there are two main differences from the traditional approaches (conventional or Islamic)‚ and these are very significant evolutions. One is that this method believes commercial banks as serving providers‚ rather of like “money lenders” (conventional) or “investing-collaborators” (Islamic). Interest-free banking is inferred as a sub-model; the conventional banking is considered as an
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Technology in Banking & Finance Top 5 To Try Banking & Finance Information Definition of Mobile Banking How to Renew a Computer’s IP Address How to Get Wireless Internet How to Choose a Laptop or Notebook Computer Ads by Google Information Technology in Banking & Finance By Osmond Vitez‚ eHow Contributor Print this article Information technology has changed the way companies conduct business domestically and internationally. The banking and finance
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Mobile Computing – Global System for Mobile Communications Prof. Rajesh M. More*‚ Lecturer‚ GSMCOE‚ MCA‚ Pune-45 (Abstract - Global System for Mobile Communications (GSM) is a digital mobile telephone system which is widely used in Europe and other part of the world. In 1982 it was recognized as a standard for digital wireless communications adopted firstly by Europe and then by Asia‚ Africa etc. INTRODUCTION To develop a standard for mobile telephone the European Conference of Postal and
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A Extended family ‚ a big family that may include grandparents‚ uncles‚ aunts‚ and cousins‚ they live together within the same household .However‚ it may also refer to a family unit in which several generations live together within a single household. In Australia‚this type of family is seldom‚most children leave their parents when they have the ability of living independent‚ largely past 18.they get together during some festivals or ceremony like Christmas or wedding ceremony’ But for Chinese
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Interest Free Banking - Its advantages and disadvantages; and recommendations. Interest free banking is something outrageous‚ if viewed at first instance. Why? Because the very term of interest free banking signifies its true nature and function – banking that dispenses with any usury or interest‚ leaving the debtor at ease and the creditor with no flow of wealth. Zero. None. Free. Nil. No interest whatsoever. The normal workingmen may see this as promising. However‚ is it an absolute white area
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paper’s main aim is to find out which banking system‚(Islamic or conventional) performed better overall.11 different ratios were used and they were grouped into 4 different categories which are Profitability‚Liquidity‚Risk and solvency‚and Efficiency. 5 banks from Islamic will be compared with another 5 banks from conventional banking for a period of 5 years that is from years 2006 to 2010. To see whether there is a difference in the performance of the two banking systems which are Islamic and conventional
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Advantages: * You can carry a mobile phone with you so you don’t miss important calls * If you are lost‚ you can call for directions. * If you are in an accident‚ you can call the police or ambulance - and if the phone has a camera‚ you can take pictures of the accident. * You can listen to music‚ text‚ play games when you’re bored. * Most mobile phones have a calculator and a phone book. * You can use a mobile phone to call your customers or boss if you are running late
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Do you think life is possible without mobiles? Absolutely not! Mobiles has now became an important part of our life. In fact it has virtually become a necessity for people everywhere. As many things have been developed‚ from year to year‚ century to century‚ the world has become more unique. But mobiles will always be a popular gadget in the world. However‚ it also has certain advantages and disadvantages. Now a days‚ mobiles are not only used for communication but for other reasons also. The
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ĐỀ SỐ 1 SECTION 1: Language usage (30 marks) Circle the correct answer 1. In the long term ........... is due to increase in the price of raw materials. This is the situation where prices rise to keep up with increased production cost. a. devaluation b. inflation c. recession d. crisis 2. In a accordance with our usual terms‚ payment will be by …………This is a letter from a bank authorizing payment of a certain sum to a person or a company. a. cheque b. banker’s draft c. letter of credit d
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INNOVATIONS IN BANKING SECTOR INTRODUCTION The term innovation means”to make something new”. Banks no longer restricted themselves to traditional banking activities but explored newer avenues to increase business and capture new market. INDIAN BANKING SECTOR From 1806 qualitative & quantitative changes have been taken place. With 1935 regulation RBI was proclaimed as central bank of India. In 1990’s greater emphasis was placed on technology & innovation. New concepts like personal banking‚ retail
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