Islamic Banking vs. Conventional Banking In most Islamic countries‚ they tend to practice two types of financing in banking industry which are conventional and Islamic banking. The country like in Malaysia has successfully developed an Islamic banking system that operates in parallel with the conventional banking system. There is similarity between conventional banking and Islamic banking which helps to promote economic growth provided financing services such as credit facilities for business activity
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or negative. The Nigeria is said to be morphologically derived from a blend of ’niger’ and ’area’. Nigeria came into exixtence in 1914 as aresult of the almalgamation of the northern and the southern protectorates of the brithish territory around the river niger area. Nigeria is a multidimensional vast: landmass‚ culture‚ population‚ language‚ beliefs‚ tradition and lifestyle practised by different people from different areas and there are about 400 native languages inj Nigeria (bamgbose 1971‚ osayi
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| |Big savings on Internet Bandwidth. When the computer is off‚ internet downloads cannot happen. | |Guaranteed fresh User Desktop Experience on every timer start. This is applicable especially if the computer is protected by deep freeze or | |similar software. | |Managing and operating an internet cafe or pisonet shop will
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global Islamic finance industry‚ providing strategic insights from Ernst & Young Dear Banking & Finance Leader‚ It is with great pleasure that we present to you the 9th annual edition of the World Islamic Banking Competitiveness Report 2012/13‚ developed in collaboration with leading global professional services and advisory firm Ernst & Young‚ and exclusively launched onsite at the 19th Annual World Islamic Banking Conference (WIBC 2012) during a specially convened WIBC plenary session held on the
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It can be generally said that GIS involves or entails a computerized system that deals with data in terms of collection from many sources‚ efficient digital storage‚ managing and administering of data which includes integration of various data sets into a common database. It also involves easy and efficient selection and viewing of data in different varieties‚ conversion of data from one geometrical projection to another‚ rescaling and other computer maneuvers. Also data’s are analyzed‚ modeled and
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Introduction1 The term ‘‘banking’’ can be applied to a large range of financial institutions‚ from savings and loans organisations to the large money-centre commercial banks in the USA‚ or from the smallest mutually owned building society to the ‘‘big four’’ shareholder owned banks in the UK. Many European countries have large regional/cooperative banks in addition to three to five universal banks. In Japan‚ the bank with the largest retail network is Sumitomo Mitsui Banking Corporation‚2 but its main
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the customers. Accordingly‚ SJIBL is offering different type of deposit scheme bearing highest rate of return. Mudarabah Deposit Scheme‚ Monthly income scheme and Millionaire scheme are the most popular offers that are completely innovation in the banking sector and widely accepted by the clients. With crumble down of the world economy‚ it is observed that the competition becomes intensive in the globalization process. Our country has also participated in the race for its existence. Therefore‚ it becomes
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MARKETING OF BANKING SERVICES IN RURAL AREAS Banks today are operating in a highly competitive and rapidly changing environment. In the changing economic scenario‚ a professional approach to business development is essential and the survival of a banking institution depends on its ability to take up challenges coming up in the environment. Developing business through marketing of bank’s services is one of the crucial areas which need attention of the bankers to ensure profitable survival. MARKETING
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NRI BANKING With a view to attract the savings and other remittance into India through banking channels from the person of Indian Nationality / Origin who are residing abroad and bolster the balance of payment position‚ the Government of India introduced in 1970 Non-Resident(External) Account Rules which are governed by the Exchange Control Regulations. The funds held in Non-Resident (External) Accounts (NRE Accounts) qualify for certain benefits like exemptions
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property or issue and redeem their securities‚ bills etc. The policy role: Abiding by the Government policies in order to regulate the growth of the economy and achieving social goals. ORGANISATIONAL STRUCTURE & ORGANISATIONAL CULTURE of Banking Sector in Pakistan : ORGANISATIOANAL STRUCTURE: “The framework‚ typically hierarchical‚ within which an organization arranges its lines of authority and communications‚ command and allocates
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