Different between Conventional bank and Islamic bank GENERAL DIFFERENCES There are many differences between conventional and Islamic bank. In conventional bank‚ money is a product besides medium of exchange and store value. The design of conventional bank is based on interest. They are charging higher interest rate on capital. The functions and operating modes of conventional banks are based on fully manmade principles. In conventional bank‚ they thought that interest rate give biggest profit
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collateral. In conventional banks charging interest does not stop unless specific exception is made to a particular defaulted loan. Interest charged on a loan can be multiple of the principal‚ depending on the length of the loan period. More than half the population of the world is deprived of the financial services of the conventional banks. Objective of the Study Our objective of the study was to know the product differentiation of Islamic Bank and Conventional bank. In which way they differ from
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experience‚ dedication‚ perfection & patience. For me it’s all about to understand the conceptual how the merger of the bank takes place with their entire motive to provide services to the customers with the main motive to get positive result out of it. The report is specially promoted by a public review‚ initiated in 2000 by the government. The purpose was to acquire the TIMES Bank to increase the size & the network. Increase the total number of retail customer & their deposits. Main part
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Bank Loan Bank-An establishment authorized by a government to accept deposits‚ pay interest‚ clear checks‚ make loans‚ act as an intermediary in financial transactions‚ and provide other financial services to its customer: http://www.businessdictionary.com/definition/bank.html#ixzz2qTHMUNiX Loan- An arrangement in which a lender gives money or property to a borrower‚ and the borrower agrees to return the property or repay the money‚ usually along with interest‚ at some future point(s) in time.
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CENTRAL BANKS‚ STOCK EXCHANGE AND COMMERCIAL BANKS CENTRAL BANKS A central bank is the main national bank that provides a government and its commercial banking system with financial and banking services controlling the government’s monetary policy and issuing currency. Functions of a central bank include: • It has the sole right to issue currency – it maintains uniformity in the currency and manages it accordingly using knowledge about the economy • It is a banker‚ advisor and agent to the government
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Abstract Stereotype threat theory functions in a social environment in which a person is negatively stereotyped which creates a reaction of tenseness‚ indecision‚ uneasiness and distress on the person the stereotype was intended for. This distress comes from the understanding that one’s actions may possibly corroborate a negative stereotype which frequently results in confirmation or verification of the stereotype. The hypothesis that all three articles stereotype threats affects psychological
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of Islamic Banking System: A Case Study on AB Bank Ltd (Islami Banking Branch) ” is based on the study done in the internship period in AB Bank Ltd‚ Islamic Banking Branch. It contains a concrete idea about the General Banking Operations from Islamic General Banking perspective with a comparative picture of between Islamic and Conventional Banking which topic is assigned by my supervisor and is to be submitted to the department as well as to the bank. 1.2 Origin of the Study This report titled
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Financial Analysis Of Dhaka Bank & Southeast bank Introduction The banking sector in Bangladesh comprises of four categories of scheduled banks. These are‚ nationalized commercial banks (NCBs)‚ government owned development finance institutions (DFIs)‚ private commercial banks (PCBs) and foreign commercial banks (FCBs). As of December 2004‚ total number of banks operating in Bangladesh remained unchanged at 49. These banks have a total number of 6‚303 branches including 10 overseas branches
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2nd Draft There are many threats to global food supplies. Explain the problem‚ identity possible solutions‚ and assess the implications of implementing these solutions. Because of the increasing world population and the growth of the environmental problems such as global warming and acid rain‚ global food supplies meet great challenges to feed so many people especially those in economically richer areas wasting foods. A series of problems following food
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Rhetorical Analysis: “New Threat to Skilled U.S. Workers” Froma Harrop is a frequent writer for the Providence Journal‚ who is also known for her progressive views on current issues. Her essay titled “New Threat to Skilled U.S. Workers” was published in the Seattle Times in 2007 in which she is persuading American skilled workers to put a stop to the H-1B program‚ or else they might be left jobless. Due to the fact that she is liberal in her views‚ it is clear why she is enforcing a strong opinion
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