Islamic banking

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…

bank with 99 branches in 42 cities . The bank’s Indian operations are headed by Sunil Kaushal (CEO) and is headquartered in Mumbai. 3 SOCIAL RESPONSIBILITY ACCORDING TO STANDARD CHARTERED BANK S.C.B is committed to using its position as a leading banking and financial services business to promoting positive social and economic development in every country that it operates in. The business claims to not just think about sustainability…

Candidate 23 Q1. Who appoints the Banking Mohtasib? Discuss the characteristics, jurisdiction and the tenure of holding office of the Banking Mohtasib. (10 Marks) APPOINTMENT OF THE THE BANKING MOHTASIB: The Banking Mohtasib is appointed by the president of Pakistan with consultations of the state bank of Pakistan. TENURE The banking Mohtasib is appointed for a tenure of three years. CHARACTERISTICS The Banking Mohtasib's main task is to see that the banking sector is not impeding to…

1 Task 1 1.1 1.1.1 Introduction to the National Development Bank PLC( NDB) The National Development Bank PLC ( NDB Bank) is a banking as well as financial institution of Sri Lanka, NDB is headquartered in Colombo, Sri Lanka (at No 40, Nawam Mawatha, Colombo 2). NDB begun its operations in1979 as a state-owned development of finance institution. NDB was set up by Sri Lanka Act No 2 of 1979 as “National Development Bank of Sri Lanka” In January 1979 as a wholly state owned institution. In 1993…

ICICI is located in India with more than 19 office worldwide. strength point: With assets worth more than $ 27 billion, Bank Muscat leading financial services in Oman with a strong presence in corporate banking, retail banking, investment banking, Islamic banking services, treasury, private banking and asset management. The bank has the largest distribution network of 149,645 ATMs and cash deposit machines device and more than 10,000 POS terminals. International Operations Branch consists…

The American investment banking industry has come a long way since its emergence during the Civil War era. In essence, investment bankers are corporate financial advisors interested in assisting their clients with raising money in capital markets, involving themselves heavily in mergers and acquisitions activity, and they also offer different types of financial advisory services. Investment banks are very useful for companies looking to expand or to fund major projects, for example, if company X…

statement: “We aspire to be one of the world’s great specialist banking groups driven by commitment to our core philosophes and values”; HSBS’s mission statement is ”Through an intentional network linked by advanced technology, including a rapidly growing e-commerce capability; HSBC provides a comprehensive rage of financial services; personal financial services; commercial banking; corporate, investment banking and markets; banking; and other activities.” Their mission statement is concentrated…

corporate culture, wise management and high class customer service. Public Bank is offering a wide range of financial services which comprise of retail commercial and consumer loans, trade finance, wealth management products, online banking, and other financial and banking products and services. Moreover, as Gold is appreciating in value and is assumed as best product to invest, Public Bank offers the service of investment in remittances products. It also deals in mutual…

after discussing among the group members, the public listed company that we have decided to choose from Bursa Malaysia is Malayan Banking Berhad or better known as ‘Maybank’. There are several reasons as to why our group decided to choose Malayan Banking Berhad (Maybank) as the company that we would like to study on. First and foremost, it is a known fact that Malayan Banking Berhad (Maybank) is one of the largest bank in Southeast Asia by assets (Maybank Corporate, 2014). It is ranked first…

No business can survive without customers associated with it. The banking sector is primarily a service industry, hence service to the customers and delivery of right kind of products become necessary to acquire and retain the customers. Over the counter interactions with the customer, ambiance in the bank’s branch premises, employees attitude, and behavior, use of latest technology in day to day banking transactions, banking hours for customers, various products design & product delivery are…