Financial institution

Bahrain based Islamic retail bank that is licensed and regulated by the Central Bank of Bahrain and provides retail, commercial, treasury and financial institutions and other banking services. Ithmaar bank provides a diverse range of Sharia-compliant products and services that cater to the financing and investment needs of individuals and institutions.  In 2003, Shamil Bank purchased all the assets and liabilities of FIBEC. Shamil Bank then sold the entire share capital of FIBEC to DMI and…

One of the greatest financial crisis since the great depression unfolded in 2008 which came to be known as the great recession. During this time, the world saw itself on the brink of a major economic collapse. Many complicated economic variables, systems, and behaviors contributed to the buildup leading up to the recession. The lack of economic foresight and excessive confidence in consumers and investors in the housing market contributed greatly to its collapse. Simply put, mortgage…

“The experience of five millennia of financial innovation suggests that finance and civilization will forever be intertwined.” The closing line of a fascinating walk through history and how finance molded civilization as we know it today. William Goetzmann the author of the book: “Money Changes Everything” is currently a Professor of Finance and Management Studies at the Yale School of Management and has vast knowledge as an archaeologist as well as in art history, making William Goerzmann the…

CRISIS i] Global crisis management by managing the actions of the regulatory / supervisory bodies of any subsector of the financial services sector; ii] use an interinstitutional approach on issues related to crisis management and resolution through the creation of a single communication channel. In case of any crisis situation, it will also prepare the official declarations…

The laws covering the internet are varied and quite complex in the United States with the financial system to the medical system heavily regulated. Starting off the Sarbanes-Oxley was enacted in 2002, the Sarbanes-Oxley Act is designed to protect investors and the public by increasing the accuracy and reliability of corporate disclosures. It was enacted after the high-profile Enron and WorldCom financial scandals of the early 2000s. It is administered by the Securities and Exchange Commission,…

Beauchamp, & Bowie, 2013). “Capitalism is a system of social interaction which uses money as a medium of exchange for goods and services” (Roldan, 2010). Capitalism is rooted in the value gained from a transaction. Buying a home is one of the largest financial transactions a person can make in their life, and it arguably…

Research on financial knowledge and behavior indicates individuals in both developed and developing countries lack adequate knowledge to make informed financial decisions, especially subgroups like the young, women, and the less educated. When resorting to financial education programs, we can’t clearly figure out their efficiency. To expand our knowledge on the topic, we propose a financial education program with the treatment effect to test out its impacts on financial behaviors of young people…

spend money on and what to save money on. CBA’s mission is to “provides its members with information, research and operational support, and contributes to the development of public policy on issues that affect financial institution.” Their job is to help their members by providing financial support and ideas to make them successful and help them solve issues. Canada needs the lobby group Canadian Bankers Association because they have been around since 1891. The group have had a lot…

of today are created in a way to be both a physical panopticon, an authoritarian panopticon, and a financial panopticon. The banks of the United States and the rest of the world control the actions of our life in a way that seems to infiltrate everyday activities and actions. Not only do banks form a physical panopticon because of their high-level surveillance, but they form a panopticon of financial control through their practices. As explained by Foucault in Panopticism, a panopticon "forms…

where the centre of social and political success is the economy of a country, an issue that concerns many economists is the repetition of the 2008 global financial crisis. Due to key issues such as [IMPORTANT FINDINGS] one can conclude that a global recession such as the one of 2008 IS/ISNT likely to happen in the next decade. The 2008 global financial crisis was broadly the result of USA’s banking collapse and the ramifications thereafter. The banking collapse affected markets worldwide,…