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Premier Bank
Premier Bank Premier Bank is a privately owned Sharia compliant commercial bank incorporated in Somalia in 2013 and licensed by the Central Bank of Somalia in 2014. It is the first bank in Somalia to allow MasterCard credit cards and partner with Visa. History Premier Bank was opened on May 21, 2015 according to Sharia law by private Somali investors with banking experience from South Sudan, Djibouti and Kenya. The bank's official opening ceremony was opened by former Somali President Hassan Sheikh Mohamud. The bank has branches in Mogadishu as well as Hargeysa, Somaliland. Premier Bank in partnership with MasterCard and SWIFT Swift or SWIFT most commonly refers to: * SWIFT, an international organization facilitating transactions between banks ** SWIFT code * Swift (programming language) * Swift (bird), a family of birds It may also refer to: Organizations * SWIFT, ... provides to its local clients for global online financial services. Premier Bank's chairman ...
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Private Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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Current Account (banking)
A transaction account, also called a checking account, chequing account, current account, demand deposit account, or share draft account at credit unions, is a deposit account held at a bank or other financial institution. It is available to the account owner "on demand" and is available for frequent and immediate access by the account owner or to others as the account owner may direct. Access may be in a variety of ways, such as cash withdrawals, use of debit cards, cheques (checks) and electronic transfer. In economic terms, the funds held in a transaction account are regarded as liquid funds. In accounting terms, they are considered as cash. Transaction accounts are known by a variety of descriptions, including a current account (British English), chequing account or checking account when held by a bank, share draft account when held by a credit union in North America. In the United Kingdom, Hong Kong, India and a number of other countries, they are commonly called current or ...
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SWIFT
Swift or SWIFT most commonly refers to: * SWIFT, an international organization facilitating transactions between banks ** SWIFT code * Swift (programming language) * Swift (bird), a family of birds It may also refer to: Organizations * SWIFT, an international organization facilitating transactions between banks * Swift Engineering, an American engineering firm * Swift & Company, a meat processing company * Swifts (aerobatic team), a Russian aerobatic team Transportation companies * Swift Cooper, a British racing car manufacturer * Swift Leisure, a British manufacturer of caravans * Swift Motor Company, of Coventry, England * Swift Transportation, a US trucking company Places * River Swift, a river in England * Swift, Illinois, an unincorporated community in northeastern Illinois * Swift County, Minnesota, a county in west-central Minnesota * Swift, Minnesota, an unincorporated community in northern Minnesota * Swift, Missouri, a ghost town in southeastern Missouri As ...
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Somaliland
Somaliland,; ar, صوماليلاند ', ' officially the Republic of Somaliland,, ar, جمهورية صوماليلاند, link=no ''Jumhūrīyat Ṣūmālīlānd'' is a ''de facto'' sovereign state in the Horn of Africa, still considered internationally to be part of Somalia. Somaliland lies in the Horn of Africa, on the southern coast of the Gulf of Aden. It is bordered by Djibouti to the northwest, Ethiopia to the south and west, and Somalia to the east.Encyclopædia Britannica, ''The New Encyclopædia Britannica'', (Encyclopædia Britannica: 2002), p.835 Its claimed territory has an area of , with approximately 5.7 million residents as of 2021. The capital and largest city is Hargeisa. The government of Somaliland regards itself as the successor state to British Somaliland, which, as the briefly independent State of Somaliland, united in 1960 with the Trust Territory of Somaliland (the former Italian Somaliland) to form the Somali Republic.''The New Encyclopædia Br ...
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Hargeisa
Hargeisa (; so, Hargeysa, ar, هرجيسا) is the capital and largest city of the Republic of Somaliland. It is located in the Maroodi Jeex region of the Horn of Africa. It succeeded Burco as the capital of the British Somaliland Protectorate in 1941. Hargeisa is the largest city in Somaliland, and also served as the capital of the Isaaq Sultanate during the mid-to-late 19th century. Hargeisa was founded as a watering and trading stop between the coast and the interior by the Isaaq Sultanate. Initially it served as a watering Well for the vast livestock of the Eidagale clans that inhabited in that specific region and later were joined by the current clans of Hargeisa. In 1960, the Somaliland Protectorate gained independence from the United Kingdom and as scheduled united days later with the Trust Territory of Somaliland (former Italian Somaliland) to form the Somali Republic on July 1. Encyclopædia Britannica, ''The New Encyclopædia Britannica'', (Encyclopædia Britanni ...
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Hassan Sheikh Mohamud
Hassan Sheikh Mohamud ( so, Xasan Sheekh Maxamuud, ar, حسن شيخ محمود; born 29 November 1955) is a Somali politician who has served as the president of Somalia since May 2022. He is the founder and current chairman of the Union for Peace and Development Party. He was 2022 Somali presidential election, elected as President of the Federal Republic of Somalia on 15 May 2022, defeating the incumbent president Mohamed Abdullahi Mohamed. He previously served in the same position as the 8th president of Somalia from 2012 to 2017. A civil and political rights activist, Hassan was previously a university professor and Dean (education), dean at SIMAD University, which he co-founded. In April 2013, Hassan was named in the Time 100, ''Time'' 100, ''Time (magazine), Time'' magazine's annual list of the 100 most influential people in the world. His efforts at advancing national reconciliation, anti-corruption measures, and socio-economic and security sector reforms in Somalia were ...
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President Of Somalia
The president of Somalia ( so, Madaxaweynaha Soomaaliya) is the head of state of Somalia. The president is also commander-in-chief of the Somali Armed Forces. The president represents the Federal Government of Somalia, Federal Republic of Somalia, and the unity of the Somali nation, as well as ensuring the implementation of the Constitution of Somalia and the organised and harmonious functioning of the organs of state.Provisional Constitution
(adopted August 1, 2012)
Currently, the president of Somalia is indirect election, indirectly elected, chosen by the Federal Parliament of Somalia. The office of President of Somalia was established with the proclamation of the Republic of Somalia on 1 July 1960. The first president of Somalia was A ...
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Somalis
The Somalis ( so, Soomaalida 𐒈𐒝𐒑𐒛𐒐𐒘𐒆𐒖, ar, صوماليون) are an ethnic group native to the Horn of Africa who share a common ancestry, culture and history. The Lowland East Cushitic Somali language is the shared mother tongue of ethnic Somalis, which is part of the Cushitic branch of the Afroasiatic language family, and are predominantly Sunni Muslim.Mohamed Diriye Abdullahi, ''Culture and Customs of Somalia'', (Greenwood Press: 2001), p.1 They form one of the largest ethnic groups on the African continent, and cover one of the most expansive landmasses by a single ethnic group in Africa. According to most scholars, the ancient Land of Punt and its native inhabitants formed part of the ethnogenesis of the Somali people. An ancient historical kingdom where a great portion of their cultural traditions and ancestry has been said to derive from.Egypt: 3000 Years of Civilization Brought to Life By Christine El MahdyAncient perspectives on Egypt By R ...
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Sharia Law
Sharia (; ar, شريعة, sharīʿa ) is a body of religious law that forms a part of the Islamic tradition. It is derived from the Five Pillars of Islam, religious precepts of Islam and is based on the Islamic holy books, sacred scriptures of Islam, particularly the Quran and the Hadith. In Arabic, the term ''sharīʿah'' refers to God in Islam, God's immutable divine law and is contrasted with ''fiqh'', which refers to its human scholarly interpretations. In the historical course, fiqh sects have emerged that reflect the preferences of certain societies and state administrations on behalf of people who are interested in the Principles of Islamic jurisprudence, theoretical (method) and practical application (Ahkam / fatwa) studies of laws and rules, but sharia has never been a valid legal system on its own. It has been used together with "customary law, customary (Urf) law" since Omar or the Umayyads. It may also be wrong to think that the Sharia, as a religious argument or b ...
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2015 05 21 Premier Bank-5 (17909544676)
Fifteen or 15 may refer to: *15 (number), the natural number following 14 and preceding 16 *one of the years 15 BC, AD 15, 1915, 2015 Music *Fifteen (band), a punk rock band Albums * ''15'' (Buckcherry album), 2005 * ''15'' (Ani Lorak album), 2007 * ''15'' (Phatfish album), 2008 * ''15'' (mixtape), a 2018 mixtape by Bhad Bhabie * ''Fifteen'' (Green River Ordinance album), 2016 * ''Fifteen'' (The Wailin' Jennys album), 2017 * ''Fifteen'', a 2012 album by Colin James Songs * "Fifteen" (song), a 2008 song by Taylor Swift *"Fifteen", a song by Harry Belafonte from the album '' Love Is a Gentle Thing'' *"15", a song by Rilo Kiley from the album '' Under the Blacklight'' *"15", a song by Marilyn Manson from the album '' The High End of Low'' *"The 15th", a 1979 song by Wire Other uses *Fifteen, Ohio, a community in the United States * ''15'' (film), a 2003 Singaporean film * ''Fifteen'' (TV series), international release name of ''Hillside'', a Canadian-American teen drama * ...
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Visa Inc
Visa Inc. (; stylized as ''VISA'') is an American multinational financial services corporation headquartered in San Francisco, California. It facilitates electronic funds transfers throughout the world, most commonly through Visa-branded credit cards, debit cards and prepaid cards. Visa is one of the world's most valuable companies. Visa does not issue cards, extend credit or set rates and fees for consumers; rather, Visa provides financial institutions with Visa-branded payment products that they then use to offer credit, debit, prepaid and cash access programs to their customers. In 2015, the Nilson Report, a publication that tracks the credit card industry, found that Visa's global network (known as VisaNet) processed 100 billion transactions during 2014 with a total volume of US$6.8 trillion. This article is authored by a ''Forbes'' staff member. Visa was founded in 1958 by Bank of America (BofA) as the BankAmericard credit card program. Available through ...
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