Day: February 19, 2021

Consumer Banking

The origin of Islamic banking dates to the very beginning of Islam in the seventh century. 2. Matching savers and investors. Though many individuals save, corresponding to for retirement, and many have investment initiatives, equivalent to building a manufacturing facility or expanding the inventory carried by a household micro enterprise, it would be only by the wildest of coincidences that every investor saved precisely as much as needed to finance a given project. Therefore, it will be important that savers and investors by some means meet and agree on phrases for loans or other types of finance. This can occur … Read More