Search results with tag "Conventional banking"
INFORMATION TECHNOLOGY IN BANKING SECTOR
indianresearchjournals.comapproach from “Conventional Banking to Convenience Banking” and “Mass banking to Class Banking”. The study examines various relevant issues relating to role of IT in banking and recommends to ensure privacy and confidentiality of data‟s, …
CHAPTER 4 DATA ANALYSIS AND FINDINGS 4.1 …
studentsrepo.um.edu.myconventional banking, how profit is determined and distributed is also different form conventional banking. Islamic banking also offers a loan service but in a business agreement between the bank and the borrower. The profit of that business will be shared between the bank and the borrower in a prefixed rate documented earlier in the agreement.
AN INTRODUCTION TO ISLAMIC FINANCE
www.cimaglobal.comconventional banking is the giving or receiving of interest, which is specifically prohibited by the Shari’ah. For example a conventional bank’s fixed deposit product is based on a promise by the borrower to the bank to repay the loan plus fixed interest to …
Banking on the Future: Vision 2020 - Deloitte
www2.deloitte.comIn the field of technology based banking, information technology and electronic funds transfer system have emerged as the twin pillars of modern banking development. Products offered by banks have moved way beyond conventional banking and access to these services have become round the clock. This, indeed, is a revolution in Indian banking industry.