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
in 1997 to reach a peak of 38% in 2002. (Nam Jeon, Maria Pia and Ji Wu, 2011). The increasing presence of foreign banks has raised issues about the consequences of their presence for domestic banking market. There are 2 opposing views on assessing the impact of foreign bank penetration on the domestic banking sector in emerging
can also be defined as typical mass market banking in which individual customers are local branches of large commercial banks. Services include Savings and checking account, Mortgages, Personal loans, Debit card, Credit Card. Retail banking aims to be the one shop for as many financial services as possible on behalf of retail clients. Some retail banks have even made a push into investment services as wealth management, brokerage accounts, private banking and retirement planning. While some of these
demonstrating the effect of competition on bank stability and what are the strategies used in order to gain a competitive advantage over another bank. Two interviews were conducted with Audi Bank and Bank Med in order to understand the topic. The study focuses more on Audi Bank and compares the different offers provided by both banks in order to compete. We asked Rawan, as teller in bank med in Sodeco branch, questions about the services provided by this bank and how such services can be a way to
CHAPTER TWO: CASE STUDY: AN ANALYSIS OF THE FISCAL RELATIONSHIP BETWEEN EQUITY BANK, THE WOMEN'S ENTERPRISE FUND AND WOMEN IN THE INFORMAL SECTOR . Female economic empowerment is influenced by access to finance and capital. This chapter seeks to analyze the extent of this assertion by critically assessing information attained through fieldwork across the aforementioned financial institutions and among women in the informal sector. The fieldwork was carried out over a period of two weeks within
conventional hire- purchase and Islamic hire- purchase in Malaysia. The banking system in Malaysia is regulated by the central bank, Bank Negara Malaysia (BNM), a regulatory and supervisory bodies. The statutes applicable to both Islamic and conventional banks and financial institutions are the Banking and Financial Institutions Act 1989 (Act 372) (BAFIA) and the Islamic Banking Act 1983 (Act 276)/ (IBA). Conventional banking is basically based on the debtor and creditor relationship between the
acceptable as recognition of the study based on the supposition of Islamic axioms in the social- political- cum legal environment and social principles and morals which guide the economic deeds of men and women in the Islamic environment. The scope of economics as redefined from Islamic perspective is the human behavior, in all its facets, under all sorts of ethics and religious values and
INTRODUCTION 1.1 Background Growth is essential for a healthy sustenance and survival of any firm in this competitive world. There are two growth routes available to any company: - organic and inorganic. The Theory of the Firm’s Growth Penrose states that the growth rate of the firm will decline with its age. Organic growth beyond certain size or age is a big challenge and hence inorganic growth gains significance. Inorganic growth means growing through mergers and acquisitions. The inorganic growth
CHAPTER 4 FUNDAMENTAL ANALYSIS Fundamental analysis is the study of economic, industry, and company conditions in an effort to determine the value of a company's stock. Here we look at a business from the basic or fundamental financial level. This type of analysis examines key ratios of a business to determine its financial health and thus we get a clear idea about the real value of its stock. Fundamental analysis typically focuses on key statistics in a company's financial statements to determine
A STUDY ON VERTICAL MOBILITY OF EMPLOYEES IN PRIVATE BANKING SECTOR WITH SPECIAL REFERENCE TO CUDDALORE DISTRICT CHAPTER-1 INTRODUCTION 1.1 INTRODUCTION TO BANKING Bank is defined in many ways by various authors in the book son economics and commerce. It is very difficult to define a bank; because a bank performs multifarious functions may be defined in many ways according to their functions. The evolution of different types of banks, each specializing in a particular field, gives emphasis on each