The State Bank of Pakistan (SBP) is the central bank of Pakistan. The headquarters are located in the financial capital of Pakistan, Karachi with branch offices in 15 cities across Pakistan, including the capital city, Islamabad and the four provincial capitals. The State Bank of Pakistan looks into many ranges of banking to deal with changes in the economic climate and different purchasing and buying powers. Here are some of the banking areas that the bank looks into: 1) State Bank’s Shariah Board
Introduction Islamic banking is banking activity that is reliable with the principles of sharia and its practical application through the growth of Islamic economics. As such, a more correct term for Islamic banking is sharia compliant finance. Islamic banking has been defined as banking in consonance with the ethos and value system of Islam and governed, in addition to the conventional good governance and risk management rules, by the principles laid down by Islamic Shariah. Interest free banking is a narrow
attend six week internship at a financial institution. Internships help student to build experience and confidence at an actual work place setting. This activity has aided in combining theoretical knowledge with practical experience. State bank of Pakistan is a central bank that regulates commercial regulatory and non- regulatory banks. The internship was attended at BSC office Muzaffarabad namely field office of SBP. The assignment given by the bank for the six week internship program was on ‘Potential
Determinants of internal factors impacting on commercial bank profitability in Pakistan Introduction Financial sectors play a vital role in the economic development. In Pakistan the financial sectors includes commercial benks, development financial institutions (FDI), microfinance banks (MFBs), non banking finance companies (NBFCs) like as leasing companies , investment banks, discount house, housing finance companies, venture capital companies, mutual funds etc. and other modarabas, stock exchange
Banking sector is the backbone of an economy that governs the money supply. The Commercial Banks give loans, which they get from surplus monetary units to the household and business sector which increases consumption and investment and in turn boosts up the economy. Commercial Banks are the financial intermediaries and acts as a financial institution where exchanging and transmission of money takes place. They provide banking services all over Pakistan to small and large businesses as well as individuals
Islamic banking parallel to conventional banking. In 2001 in order to develop Islamic commercial bank in private sector and stand alone branches by existing banks to conduct Islamic banking in country state bank of Pakistan gives criteria. Al Meezan investment bank fully convert itself as Islamic commercial bank by acquiring Pakistan operations of society general. After gaining first license for Islamic bank Al meezan renamed itself as Meezan bank in 2002. After that in 2004 state Bank Pakistan develop
includes a system applications and updates which help them to create information and then process it to make it useful and productive after number of processes and analyze the information after distribution process. Feedback is also the most important element of information technology (Brady et al.,2002). Customers always want to have better internet banking facilities which are user friendly as well as enjoyable to them. Convenience is one of the main factors while using internet banking Chan (2001)
Peshawar, Pakistan Objective The following study has been conducted to test and evaluate the effects of factors such as government support, social influence, service facilitation, intention to use, cost effectiveness and religious factors on customer’s attitude towards using Islamic banking in Peshawar, Pakistan. Significance The significance of the context is that it is useful in estimating how the above mentioned variables affect and drive customers towards Islamic banking, weather a trend towards
is (al, 2002) studied the delicacy of the banking system in Argentina through the years 1993-1996; He concluded that NPLs are affected by both bank specific factors and macroeconomic
In this research extra some understanding identified with the issue in previous studies in Pakistan of in similar manner. Its point of interest are useful for directors and approach designers of organizations about choice for good conceivable standard of WC, its administration and whole data about its system, Furthermore this study characterized the connection of organization productivity and WCM components. This study additionally accommodating for