1.1 Background of the Study
Modern banking system plays a vital role for a nation’s economic development. Over the last few years the banking world has been undergoing a lot of changes due to deregulation, technological innovations, globalization etc. These changes a
Ishrat Husain: Banking sector reforms in Pakistan
Article by Mr Ishrat Husain, Governor of the State Bank of Pakistan, reproduced from Blue Chip - The Business People’s Magazine, January 2005.
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Why did we need reforms in the banking sector in the first place? Why is it so important to have
Introduction to Indian Banking Sectorâ¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦..â¦â¦â¦.3
Types of banksâ¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â¦â
BANK: A bank is a financial institution that accepts deposits and channels those deposits into lending activities.
Banks primarily provide financial services to customers while enriching investors.
BANKING SECTOR OF PAKISTAN: The Banking sector is an integral part of the country’
ISLAMIC BANKING: IS IT REALLY “ISLAMIC”?
By: Omar Mustafa Ansari & Faizan Ahmed Memon
Is it really Islamic? …. In this era of development and growth in Islamic finance and banking, this is a question being raised at every forum by various quarters. All
Retail means sale of goods in small quantities, it is concerned with buying of goods in small quantities from the wholesaler and selling them in small quantities to the ultimate consumers as per their requirements. The person engaged in this trade is called the “retailer”. He acts as a link betw
Developments of Islamic Banking in Pakistan & Malaysia: An Analytical Review
This study compares Islamic banking operations currently practiced in Pakistan and Malaysia. Both countries started Islamic banking in early 1980’s but employed entirely different approaches. Pakistan atte
There have been major changes which are witnessed in the world and at the centre is the ever changing phase of technology, like advances in the way people communicate, do businesses, exchange of information. At the heart of all this lies the World Wide Web and the same has revolutionised t
Since the emergence of modern Islamic finance in the 1970s, it has grown significantly in both volume and scope, attracting significant attention worldwide. There are now more than 300 Islamic financial institutions operating in around 75 countries. Over the years, the Islami
A bank is an institution that deals in money and its substitutes and provides other financial services. Banks accept deposits and make loans or make an investment to derive a profit from the difference in the interest rates paid and charged, respectively.
In India the banks are be
Impact Of Lpg In Banking Sectors.
The growing integration of economies and societies around the world – has been
one of the most hotly-debated topics in international economics over the past few years.
Rapid growth and poverty reduction in China, India, and other countries th
Nigeria experienced a tremendous lift in its financial sector with the giant strides and people-oriented reforms by the Central Bank of Nigeria (CBN). Although there are mixed feelings about this reforms in some quarters, others opined for a banking regime that will compliment the ills of the commer
The economy can be divided in the entire spectrum of economic activity into the real and monetary sectors. The real sector is where production takes place while the monetary sector supports this production and in a way is the means to the end. We know and we accept the financi
Guardian Editorial: Amidst growing public realisation that his handling of the looming distress in five banks occasioned by huge debts would inflict serious unintended economic damage, Central Bank Governor, Sanusi Lamido again chose the wrong time and inappropriate forum to announce government's me
Islamic Banking Issues
Human resource for Sharia'h compliance
Users of Islamic financial services assign primary importance to Sharia'h compliance of the services they use. It is understandable that Sharia'h noncompliance entails a serious operational risk and can result in withdrawal of funds f
PAKISTAN ISLAMIC BANKING: PAST, PRESENT AND FUTURE OUTLOOK Dr. Shamshad Akhtar Governor State Bank of Pakistan 11 September 2007
Islamic finance has gripped the world with a strong fervor and passion. Interest in this discipline has proliferated to almost 60 countries, going
STRATEGIC PLAN FOR ISLAMIC BANKING INDUSTRY OF PAKISTAN Table of Contents
ACRONYMS ................................................................................................................................................... III FOREWORD: .....................................................