Islamic Banks make a profit by buying and selling at a profit. for ex: If you want to buy a car, a regular bank will give you a car loan and you will use that money to buy a car. You will repay the money as monthly installments along with interest, to the bank. An Islamic Bank will buy the car and then sell it to you for a higher price thereby making a profit.
The primary function of any bank is to make a profit
Yes, it is possible to make a profit on shared ownership by selling your share at a higher price than what you paid for it.
Banks make their profit through interest from loans, credit cards etc. and also from the fees from having a bank account and eftpos transactions etc. _____________________________ Fees and Interest.
Banks make a profit by:By collecting fees from their customers for the services they offerBy collecting service charges from their customers for their services they offerBy collecting interest from their customers who have taken loans from them
Yes you can make profit on the car if you buy it from the bank.
A bank is a business so its main motive is to make a profit.
Yes, most businesses do make a large profit on the free market. The free market is not susceptible to the laws of trade
Islamic Banks make a profit by buying and selling at a profit. for ex: If you want to buy a car, a regular bank will give you a car loan and you will use that money to buy a car. You will repay the money as monthly installments along with interest, to the bank. An Islamic Bank will buy the car and then sell it to you for a higher price thereby making a profit.
The primary function of any bank is to make a profit
Yes, it is possible to make a profit on shared ownership by selling your share at a higher price than what you paid for it.
A commercial farmer sells to the market to make a profit.
The brain behind every business is that the manager or share holders are on the profit making their aim is to make profit
bear market
OPEN Share Trading & DeMat A/c and Different Earning Schemes Refer other to open account and get Cash Benefits For more Help contact 09230844761/033-24989312/033-24072583 OR Please fill the form below :- http://sites.google.com/site/mathsvinu/home/share-account Suppose you want to do business but your money is not enough. What you will do ? Make partners and share profit among yourself yearly/semi-annualy. Same, if you are purchasing share of a company say,LT,NTPC you are becoming partner of that share and are given profit of the share you hold in company. Extra income comes if market price(price at which you buy share) get increased
The brain behind every business is that the manager or share holders are on the profit making their aim is to make profit
Main aims: To provide the general public with a service/goods, Survive competition, gain more market share and to satisfy it's stakeholders. And obviously to make profit!! - JamesGilligan66