MERRY se puch lo bcho:):P
modern banking
Modern banking system has been able to incorporate technology into the banking industry. This is what has made online and mobile banking possible.
difference between modern and traditional banking is
in 1587
islamic banking is nt full on interest but infront of modern banking totally on interest
It was in modern-day Pakistan and north India.
no
I believe BankIslami Pakistan Limited was the first Bank to receive the Islamic Banking license under the Islamic Banking policy of 2003 on March 31, 2005. However in the area there has been islamic banking before, just without a license from the Pakistani Central Bank. Mirza Basheer-ud Din Mahmood Ahmad was I believe the first person to discuss Islamic economics in Nizame Nau (1942) and Islam ka Iqtisadi Nizaam (1945). Later work included that of Naeem Siddiqi and Maulana Maududi. The writings of Mohammad Hamidullah (1944, 1955, 1957 and 1962) should not be forgotten. Also the Iqtisaduna (Arabic: "Our Economics") is a major work on Islamic economics by a Mohammad Baqir al-Sadr, his work still forms much of the basis for modern Islamic banking.The Conference of the Finance Ministers of the Islamic Countries held in Karachi in 1970 was very instrumental as well as the Islamic Development Bank. Dubai Islamic Bank was the first modern islamic bank and yes they have an office in Pakistan but they are supervised outside of Pakistan. Some Western Banks had and have islamic banking offices but the first separate Pakistani Islamic Bank was Bank Islami
The history of the region constituting modern Pakistan starts by its independence in 1947,
Richard Sidney Sayers has written: 'Banking in the British Commonwealth' -- subject(s): Banks and banking 'Modern banking' -- subject(s): Banks and banking 'Banking in Western Europe' -- subject(s): Banks and banking
Most Muslims in British India moved to Pakistan after independence was granted. Pakistan then included modern day Pakistan and Bangladesh.
Afzalur Rahim. has written: 'Principles of modern banking' -- subject(s): Banks and banking