banks specifically 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
Organization: International Islamic has come a long way since its establishment as a full-service bank committed to Sharia principles, on January 1, 1991. With 16 branches at convenient locations and some 75 ATMs across Qatar, International Islamic is well-placed to provide a full array of retail and corporate banking services to its growing customer base. A customer-centric bank, International Islamic role in the banking landscape is achieving prominence as Islamic Banking gains momentum as a viable
1. CHAPTER ONE – INTRODUCTION 1.1 Research Title Job Satisfaction and its Impact on Retention of Business Development Officers at ABC Bank PLC In the percent business environment, surviving through the competition is a challenge. Achieving organization goals through the competition requires unique products and services. To achieve sustainable growth, it is important to understand the stakeholders of the organization and their imperativeness toward the organizations activities. When achieving organization’s
Associated with the change process. There is also a third view that took a balanced position in the theory of transformational leadership and linked it to changes in the organizational Bank aspects, in addition to changes in the thought and motivation of the subordinates, and through the revision of the leadership and change literature, a number of critical
message from sender to the recipient through the process of verbal and non-verbal to get the effect from communication. Bank Muamalat is the first commercial bank which implemented the system and principles of Islamic syariah in Indonesia. non-verbal communication needs to be run on Islamic banks to help the delivery of verbal messages. This research was carried out by using quantitative descriptive method, the respondents in this study is the general affairs (Teller, Customer Service and Security)
Abstract Family Takaful was one of the financial instrument that benefit people. However, the participant of the Family Takaful was still little. Family Takaful was one of alternative for a Muslim in getting Shariah complaint as compared to the conventional life insurance. The Muslim needs to follow the Shariah stated by Allah where all the transactions or business must be halal and clean from prohibited element. The life insurance was containing the prohibited element such as gharar (uncertainty)
legal protection and Muamalah hire-purchase bill.It is hoped that issues related to Islamic hire purchase can be solved by Shariah regulation. Therefore, the effort should be strengthened to provide a better application in financial institutions. This recommendation will help AITAB to be accepted in current practices. Hopefully, AITAB can contribute to the Malaysian economic growth and development of Islamic banking. STRONG PUBLIC ACCEPTANCE In Malaysia, AITAB offer a better features compared to
financial instrument as the vital vehicles for resource mobilizations for raising funds that feasible and viable shariah-compliant whether in the public or private sector. The first corporate sukuk issuance in Malaysia was Shell MDS Sdn. Bhd., a non-Islamic corporation in 1990 and in 2002, the government issued the first global sovereign sukuk, raising US$600 million. Due to the consistent growth in the issuance of sukuk, Malaysia has become the world’s largest sukuk issuer with more than 60% of outstanding
Research provides the Methodology of Islamic Accounting, discussed the features, the objectives and the principles of Islamic accounting, the differences between Islamic and conventional accounting, the different Islamic accounting practices and the way it is presented in the balance sheet. The objective of the research is to increase the knowledge of the readers about the Islamic accounting and to know the extent of people’s attitude and knowledge towards Islamic and conventional banks, which have
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 approves essentials and model agreements for Islamic modes of financing 2) Banking sector supervision in Pakistan 3) Microfinance 4) Small and medium enterprises (SMEs) 5) Minimum capital requirements