Personal Finance

Wholesale banking is a type of banking that focuses on providing financial services to other banks, financial institutions, and large corporations rather than retail customers. The primary activities of wholesale banks include: 1. money market Lending:– Providing loans to other banks and financial institutions.- Dealing in Treasury bills, repurchase agreements, and other money market instruments. […]

Islamic banking is a financial system that adheres to Islamic principles, which emphasize ethical values, justice, and compassion. It prohibits the charging of interest, gambling, and other practices deemed haram (forbidden) in Islam. Instead of interest, Islamic banks typically rely on profit-sharing arrangements, known as Musharaka, or Mudarabah. Key Principles of Islamic Banking: Types of […]

Cross-border financing refers to the process of borrowing and lending money between individuals, businesses, and governments across national borders. It involves various financial instruments and channels, including loans, bonds, trade finance, and foreign direct investment (FDI). Types of Cross-Border Financing: Key Considerations: Benefits: Challenges: Conclusion: Cross-border financing is a complex process that involves various factors […]

A non-participating policy is a life insurance policy where the insured does not have the option to participate in any of the company’s profit-sharing plans. Instead, the insured’s premium payments are used solely to cover the costs of the policy and any death benefits that may be payable. Key Features: Benefits: Drawbacks: Suitability: Non-participating policies […]