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Bank Rakyat
{{Infobox company , name = Bank Kerjasama Rakyat Malaysia Berhad (Bank Rakyat) , logo = , type = {{unbulleted list, Islamic banking, Cooperative banking , foundation = 28 September 1954 , location = Menara Kembar Bank Rakyat, Jalan Rakyat, Kuala Lumpur, Malaysia , key_people = (Chairman) , products = Banking and finance , industry = Islamic banking Islamic banking, Islamic finance ( ar, مصرفية إسلامية), or Sharia-compliant finance is banking or financing activity that complies with Sharia (Islamic law) and its practical application through the development of Islamic economic ... , homepage = {{URL, https://www.bankrakyat.com.my Bank Kerjasama Rakyat Malaysia Berhad (Jawi: بڠک کرجاسام رعيت مليسيا برحد) or Bank Rakyat (Jawi: بڠک رعيت) was established on 28 September 1954 under Ordinance Cooperation’s Act 1948, regulated by Bank Negara Malaysia (BNM) under Development Financial Institutions Act ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Islamic Banking
Islamic banking, Islamic finance ( ar, مصرفية إسلامية), or Sharia-compliant finance is banking or financing activity that complies with Sharia (Islamic law) and its practical application through the development of Islamic economics. Some of the modes of Islamic banking/finance include ''Mudarabah'' (profit-sharing and loss-bearing), ''Wadiah'' (safekeeping), ''Musharaka'' (joint venture), ''Murabahah'' (cost-plus), and ''Ijara'' ( leasing). Sharia prohibits ''riba'', or usury, defined as interest paid on all loans of money (although some Muslims dispute whether there is a consensus that interest is equivalent to ''riba''). Investment in businesses that provide goods or services considered contrary to Islamic principles (e.g. pork or alcohol) is also ''haram'' ("sinful and prohibited"). These prohibitions have been applied historically in varying degrees in Muslim countries/communities to prevent un-Islamic practices. In the late 20th century, as part of the revi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cooperative Banking
Cooperative banking is retail and commercial banking organized on a cooperative basis. Cooperative banking institutions take deposits and lend money in most parts of the world. Cooperative banking, as discussed here, includes retail banking carried out by credit unions, mutual savings banks, building societies and cooperatives, as well as commercial banking services provided by mutual organizations (such as cooperative federations) to cooperative businesses. A 2013 report by ILO concluded that cooperative banks outperformed their competitors during the financial crisis of 2007–2008. The cooperative banking sector had 20% market share of the European banking sector, but accounted for only 7% of all the write-downs and losses between the third quarter of 2007 and first quarter of 2011. Cooperative banks were also over-represented in lending to small and medium-sized businesses in all of the 10 countries included in the report. Credit unions in the US had five times lower failure ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Menara Kembar Bank Rakyat, Jalan Rakyat
Menara ( ar, المنارة) is the Arabic term for lighthouse tower, other words are derived from this term including the Islamic Minaret. The term Menara can also refer to: Places Indonesia * Jakarta Tower, a tower located in Jakarta, Indonesia Israel * Menara, Israel, a kibbutz in Israel Malaysia * Menara Warisan Merdeka, a megatall skyscraper in Kuala Lumpur * Menara Petronas, a twin skyscrapers in Kuala Lumpur * Menara TRX, a office skyscraper in Kuala Lumpur * Menara KL, a tower building in Kuala Lumpur * Menara Telekom, the headquarters of Telekom Malaysia in Kuala Lumpur * Menara Mesiniaga, a futuristic building in Malaysia * Menara Alor Star, a telecommunication tower located in Kedah * Menara Taming Sari, a gyro tower in Malacca City Morocco * Menara, Maroc Telecom, a Moroccan internet access provider; a subsidiary of Maroc Telecom * Menara gardens, gardens located at Marrakech * Menara International Airport, the international airport of Marrakech ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kuala Lumpur
, anthem = '' Maju dan Sejahtera'' , image_map = , map_caption = , pushpin_map = Malaysia#Southeast Asia#Asia , pushpin_map_caption = , coordinates = , subdivision_type = Country , subdivision_name = , subdivision_type1 = Administrative areas , subdivision_name1 = , established_title = Establishment , established_date = 1857 , established_title2 = City status , established_date2 = 1 February 1972 , established_title3 = Transferred to federal jurisdiction , established_date3 = 1 February 1974 , government_type = Federal administrationwith local government , governing_body = Kuala Lumpur City Hall , leader_title = Mayor , leader_name = Mahadi bin Che Ngah , total_type = Federal territory , area_footnotes = , area_total_km2 = 2 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Malaysia
Malaysia ( ; ) is a country in Southeast Asia. The federation, federal constitutional monarchy consists of States and federal territories of Malaysia, thirteen states and three federal territories, separated by the South China Sea into two regions: Peninsular Malaysia and Borneo's East Malaysia. Peninsular Malaysia shares a land and maritime Malaysia–Thailand border, border with Thailand and Maritime boundary, maritime borders with Singapore, Vietnam, and Indonesia. East Malaysia shares land and maritime borders with Brunei and Indonesia, and a maritime border with the Philippines and Vietnam. Kuala Lumpur is the national capital, the country's largest city, and the seat of the Parliament of Malaysia, legislative branch of the Government of Malaysia, federal government. The nearby Planned community#Planned capitals, planned capital of Putrajaya is the administrative capital, which represents the seat of both the Government of Malaysia#Executive, executive branch (the Cabine ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banking
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Finance
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability asse ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Rakyat Jalan Tangsi
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1954 Establishments In Malaya
Events January * January 1 – The Soviet Union ceases to demand war reparations from West Germany. * January 3 – The Italian broadcaster RAI officially begins transmitting. * January 7 – Georgetown-IBM experiment: The first public demonstration of a machine translation system is held in New York, at the head office of IBM. * January 10 – BOAC Flight 781, a de Havilland Comet jet plane, disintegrates in mid-air due to metal fatigue, and crashes in the Mediterranean near Elba; all 35 people on board are killed. * January 12 – 1954 Blons avalanches, Avalanches in Austria kill more than 200. * January 15 – Mau Mau rebellion, Mau Mau leader Waruhiu Itote is captured in Kenya. * January 17 – In Socialist Federal Republic of Yugoslavia, Yugoslavia, Milovan Đilas, one of the leading members of the League of Communists of Yugoslavia, is relieved of his duties. * January 20 – The US-based National Negro Network is established, with 46 m ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cooperative Banking In Asia
A cooperative (also known as co-operative, co-op, or coop) is "an autonomous In developmental psychology and moral, political, and bioethical philosophy, autonomy, from , ''autonomos'', from αὐτο- ''auto-'' "self" and νόμος ''nomos'', "law", hence when combined understood to mean "one who gives oneself one's ow ... association of persons united voluntarily to meet their common economic, social and cultural needs and aspirations through a jointly owned and democratically-controlled wiktionary:Enterprise, enterprise".Statement on the Cooperative Identity. ''International Cooperative Alliance.'' Cooperatives are democratically controlled by their members, with each member having one vote in electing the board of directors. Cooperatives may include: * businesses owned and mana ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Established In 1954
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ministry Of Domestic Trade And Consumer Affairs (Malaysia)
The Ministry of Domestic Trade and Cost of Living ( ms, Kementerian Perdagangan Dalam Negeri dan Kos Sara Hidup), abbreviated KPDN, is a ministry of the Government of Malaysia that is responsible for domestic trade, living costs, co-operatives, consumerism, franchise, companies, intellectual property, competition, controlled goods, price control, direct selling, consumer rights, trader. Organisation * Minister of Domestic Trade and Cost of Living ** Under the Authority of Minister *** Competition Appeal Tribunal ** Deputy Minister of Domestic Trade and Cost of Living *** Secretary-General **** Under the Authority of Secretary-General ***** Policy and Strategic Planning Division ***** Legal Division ***** Enforcement Division ***** Corporate Communication Unit ***** Petroleum Vehicles Subsidy Management Division ***** Internal Audit Division ***** Integrity Division ***** Delivery Management Office ***** Key Performance Indicator Unit ***** Ministry of Domestic Trade, Co-ope ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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