Banking Page 2

Islamic banking refers to a system of banking that complies with Islamic law also known as Shariah law. The Sharia’ah principles are those rules and injunctions that are derived from Qur’an, Hadith, Ijma and other sources which involves exercise of intelligence and reasoning based on interpretations. The underlying principles that govern Islamic banking are mutual risk…

There may be times when emergencies arises and you need to quickly come up with some money in order to take care of your unexpected and urgent needs. You may even want to just take a vacation that you have been delaying since last year. Doesn’t matter what reason it may be but you need…

Procter & Gamble Going Global in Cosmetics . Critically review the current marketing situation facing P&G. Company, which wants to grow, develops ambitious aims and a plan to achieve it. A feasible plan is based on an analyse of the strengths and weaknesses of the company (the internal analyse) and opportunities and threats (the external…

Electronic Banking The Electronic Banking Association (EBA) is a non-profit organization established to do one simple thing-help more people get started with electronic banking. Here’s why. Who taught you how to write paper checks? Probably your parent’s right? Well, who’s going to teach you how to write electronic checks? Probably NOT your parents. That’s where…

While the notion of blockchain may seem novel, the underlying technology is not new. It is the combination of proven, existing technologies: peer-to-peer networking, asymmetric cryptography and cryptographic hashing (see: In plain English). Bitcoin was the innovation that combined these technologies, offering the ability to transfer value, while preventing double-spend in a trustless, pseudonymous, publicly…

Banking Concept Of Education A brief analysis of “The Banking Concept of Education” There have always been numerous theories in relationship to the inadequacy of our education system here in the United States, as well as elsewhere in the world. The education of our children does not seem to be working and ahs also become…

The banking sector has become one of the most critical sectors in the economy with wide effect on the level and direction of economic growth and transformation and on such economic variables as the rate of unemployment and inflation which directly affect the lives of the people. The significance of the banking sector in any…

In 2015, MYbank launched the Flourishing Farmer Loan program, an effort to extend financial services to rural China. Because the banks program targeted customers who had no experience with banking, MYbank looked to determine credit-worthiness by using big data from internet transactions to create a nationwide credit-rating system for individuals and small enterprises. Credit-scoring was…

To measure your savings, you need first to estimate your income and subtract your current expenditures, the difference will be your saving. But in banking Savings differ from saving. Savings refers to savings accounts, which is short-term, interest-bearing deposits with bank or other financial institution, savings is one of the reason of smooth consumption and…

As long as consumers are compensated for disclosing their data, as long as they are properly informed about how such data will be used, consumers can decide for themselves what information to give out and to whom. Principle 4: Consumers Will Shop Online Only for Information-Rich Products Not only do consumers choose whom to give…