Islamic Banking Malek Alraddadi 02-24-2014 FIN-610 Introduction This study debates upon the history of Islamic banking. What are the ethical issues involved in the implementation of Islamic banking. Since the birth of Islam what type of steps are taken and by whom these measurements were taken. Besides this this paper also declares the response and customers point of view regarding Islamic banking with the help of different studies. History of Islamic banking The term Islamic banking
Words: 1810 - Pages: 8
Similarities in Islamic and Conventional Banking Muhammad Hanif Assistant Professor, National University of Computer & Emerging Sciences, Islamabad PhD-Finance Scholar at International Islamic University, Islamabad, Pakistan E-mail: muhammad.hanif@nu.edu.pk Abstract Islamic Banking is growing at a rapid speed and has showed unprecedented growth and expansion in last two decades in spite of mismatching of existing financial framework and business practices. By the end of 2008 volume of Islamic banking has reached
Words: 7423 - Pages: 30
Handbook on Islamic SME Financing Islamic Banking Department State Bank of Pakistan The Team Name Designation Contact Mr. Pervez Said Director Pervez.Said@sbp.org.pk Mr. Imran Ahmad Senior Joint Director Imran.Ahmad@sbp.org.pk Ms. Fatima Javaid Regulating Officer Fatima.Javaid@sbp.org.pk TABLE OF CONTENTS S.No 1 2 3 4 5 6 Background Introduction Prudential regulations for SME Financing Importance in light of Strategic Plan for Islamic Banking Industry
Words: 11186 - Pages: 45
Different Modes of Investment of Islami Bank Bangladesh Limited [pic] Islami Bank Bangladesh Limited Date of submission: 19th May, 2011 Different Modes of Investment of Islami Bank Bangladesh Limited Kawran Bazar Branch and Its Performance Prepared By www.AssignmentPoint.com Student Declaration I hereby declare that report entitled Different Modes of Investment
Words: 16295 - Pages: 66
Creating the world’s largest Islamic banking brand Over the past year, our team has been working with the inner circle of senior management at Al Baraka Bank to consolidate the largest number of Islamic banks in the world. The new bank unifies financial organisations across 12 markets in Asia, Africa and the Middle East. From our first meeting with Adnan Yousif, president and chief executive of the group, we agreed that a new brand will signal the continuing consolidation of the cultures, processes
Words: 466 - Pages: 2
Corporate Governance-Its Problems & Prospects in Banking Industry in Bangladesh Begum Ismat Ara Huq* and Mohammad Zahid Hossain Bhuiyan** Corporate Governance ensures to bring transparency, accountability and professionalism in the management system of a corporate body that enhances the credibility and acceptability to the shareholders, employees, potential investors, customers, lenders, governments and all other stakeholders. This is more true in case of Banking Industry. Since Banks deal in public money
Words: 5716 - Pages: 23
Information Systems. Islamic University, Kushtia MODE OF INVESTMENT OF ISLAMI BANK BANGLADESH LIMITED. This Report is Submitted to the Department of Accounting & Information Systems, Islamic University, Kushtia in partial fulfillment of the requirement for the degree of Bachelor of Business Administration (B.B.A) in Accounting & Information Systems. Supervised By: Submitted By: Mr. Md. Ruhul Amin Assistant Professor Dept. of Accounting & Information Systems Islamic University, Kushtia
Words: 15272 - Pages: 62
divided into Conventional Bank and Islamic Bank that run their business in the Syariah principle. Conventional bank gains their profit form the interest rate that received from borrowers and the low interest paid to the depositor (Santos 2000). While Islamic bank actually plays the same role as the conventional bank but it cannot to receive a pre-determined interest from borrowers and also do not pay a pre-determined interest to the depositors. The fee-based banking services are almost same with the
Words: 2382 - Pages: 10
UNIVERSITY OF MALAYA PROPERTY FINANCE (BVEV3120) COURSEWORK SESSION 2012/2013 TITLE: HOUSING MORTGAGE IN MALAYSIA; ISLAMIC OR CONVENTIONAL FINANCING/LOAN AS A PROSPECTIVE HOUSE BUYER NAME: AUGUSTINE OBUM ONYEBUCHI MATRIC NUMBER BEE100709 LECTURER: Dr. SR ROSLI SAID NOVEMBER 2012 1 Table of Content Page cover Table of content 1.0 Introduction 1.1 Scope of Study 1.2 Islamic Finance 1.3 Conventional Finance 2.0 consideration 2.1Property Market 2.2 Warranty 2.3 Cost 2.4 Financing 3.0 Mortgage
Words: 6366 - Pages: 26
AND ISLAMIC BANKS OF BANGLADESH Banks conventionally fulfill the supreme responsibility of being a financial intermediary between the deficit and surplus unit of the economy. Liquidity risk refers to the excessive transaction cost, excessive loss of value and excessive exertion of time that banks have to face at the time of allocating liquidity to the third party when stipulated. Because of the unique constitutional features and regulatory conformity with the Shariah principle Islamic banks
Words: 4252 - Pages: 18
