Interest Based Banking on SocioEconomic Environment and Its Solution through Islamic Finance Concepts Mohd Saleem*‚ Matloob Ullah Khan**‚ Dr. Sadaf Siraj** *VAG Management Services‚ DDE Sikkim Manipal University‚ New Delhi‚ India **Department of Management‚ Jamia Hamdard‚ New Delhi‚ India Abstract- The main objectives of this paper are to trace the emergence and importance of interest based banking and it impact on socio-economic environment. The impact of interest based banking system was
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Comparative Study of Islamic Banking 45 CHAPTER 3 Literature Review and Theoretical Framework Service Quality Customer Satisfaction Bank Performance Service Quality and Customer Satisfaction in the Banking Sector Service Quality‚ Customer Satisfaction and Bank Performance in the Banking Sector Hypotheses‚ Conceptual Model and Theoretical Framework Comparative Study of Islamic Banking 46 Chapter 3 Literature Review and Theoretical Framework Banks are competing in a highly
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Technology’s Impact on the Gaps Model of Service Quality Mary Jo Bitner W. P. Carey School of Business Arizona State University Valarie A. Zeithaml Kenan-Flagler School of Business University of North Carolina Dwayne D. Gremler College of Business Administration Bowling Green State University This chapter presents a foundational framework for service science – the Gaps Model of Service Quality. For over two decades the model has been used across industries and worldwide to help
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Yu-Chen Lin 1521007128 Sec: 5351 Reading Article Taxes: Everyone should pay the taxes when they start to working‚ properly no one want to pay the taxes. In this article‚ it makes me know more about taxes‚ it show us many kinds of taxes. Mostly the countries are pay for two placed which are local government and central state. Property and income taxes are usually what we should have to pay. This also let us know some rules of taxation by Smith‚ these rules makes us know how and why they set
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Chapter 1 Introduction Islamic banks today exist in all parts of the world and are looked upon as a viable alternative system. While it was initially developed to fulfill the needs of Muslims‚ Islamic banking has now gained universal acceptance.Islamic banking has been in existence since the 1970s‚ and it has shown tremendous growth over the last 30 years. The practice of Islamic banking now spreads all over the world from the East to the West‚ all the way from Malaysia‚ Bahrain to Europe and
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International Journal of Business and Management Tomorrow Vol. 1 No. 1 Alternative Banking Channels and Customers’ Satisfaction: An Empirical Study of Public and Private Sector Banks Vijay M. Kumbhar ‚ M. A. SET‚ NET‚ GDC&A‚ DIT and M. Phil (Economics) and recently‚ he has submitted PhD Thesis in Alternative Banking and Its Impact on Customers Satisfaction to Shivaji University‚ Kolhapur www.ijbmt.com Page | 1 International Journal of Business and Management Tomorrow Vol. 1
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of goods. Generally‚ sales are limited to a local and on a small scale. MEANING OF BANKING Banking has come to occupy a pivotal position in a nation’s economy. According to the modern concept‚ banking is a business which not only deals with borrowings‚ lending and remittance of funds‚ but also an important instrument for fostering economic growth. The Banking Regulation Act 1949‚ defines the term banking as “the accepting for the purpose of lending or investment of deposits of money from
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IBEHAVIORAL ECONOMICS – EMOTIONS IN ECONOMIC DECISIONS Religion and Economics Can Islamic Banking be considered Rational? Emma Cornelis Corvinus University Budapest 12 May 2010 - Introduction - Classical economists ascribe complete rationality to the behavior of human beings. But do the things people do in life really make sense? According to the conventional ways of predicting human behavior and human choices‚ one would handle out of perfect self-interest and perfect rationality and
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Lanka. Business : Commercial banking entirely based on Sharia (Islamic Law) principles Country/ Market : Sri Lanka Annual turnover : Rs.200 Million Number of Employees : 420 Mission : “To share risks and rewards with all our customers by delivering Sharia compliant financial solutions based on innovation and technology.” 2. Products and Customers The Company Basically offers its products under three categories. Those are; 1. Personal Banking Products 2. Small Medium Enterprise
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Factors and the Performance of Malaysian Islamic Banks Parviz Ahangi University of Lethbridge Faculty of Management Abstract This study analyzes the effect of internal and external factors on the performance of Islamic banks in Malaysia. Additionally‚ this study analyzes the robustness of this effect by adding factors that represent the economic crisis of 2008 and the banks’ maturity to the analysis. This study uses the data for 16 Malaysian Islamic banks for the period of 2005-2011. The stepwise
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