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  2. Islamic finance products, services and contracts - Wikipedia

    en.wikipedia.org/wiki/Islamic_finance_products...

    Islamic banking and finance has its own products and services that differ from conventional banking. [1][2] These include Mudharabah (profit sharing), Wadiah (safekeeping), Musharakah (joint venture), Murabahah (cost plus finance), Ijar (leasing), Hawala (an international fund transfer system), Takaful (Islamic insurance), and Sukuk (Islamic ...

  3. Islamic banking and finance - Wikipedia

    en.wikipedia.org/wiki/Islamic_banking_and_finance

    The customer's initial payment to the bank serves as the account balance for the credit card and ceiling limit of what can be spent. The bank's repayment to the customer constitutes whatever balance is left over after purchases.) [395] cards that act much like debit cards, with any transaction "directly debited" from the holder's bank account ...

  4. MCB Bank - Wikipedia

    en.wikipedia.org/wiki/MCB_Bank

    MCB Bank Limited (Urdu: ایم سی بی بینک) is a Pakistani multinational commercial bank which is based in Lahore, Punjab, Pakistan. The majority of shares are owned by Pakistani conglomerate Nishat Group and Malaysian bank Maybank. The bank has a network of 1600 branches and over 1450 ATMs in Pakistan. The current President/CEO of the ...

  5. Debits and credits - Wikipedia

    en.wikipedia.org/wiki/Debits_and_credits

    Debits and credits in double-entry bookkeeping are entries made in account ledgers to record changes in value resulting from business transactions. A debit entry in an account represents a transfer of value to that account, and a credit entry represents a transfer from the account. [1][2] Each transaction transfers value from credited accounts ...

  6. Bank Alfalah - Wikipedia

    en.wikipedia.org/wiki/Bank_Alfalah

    Rs. 137.923 billion (US$480 million) [1] (2023) Owner. Abu Dhabi United Group. Number of employees. 14,738 [1] (2023) Website. bankalfalah.com. Bank Alfalah Limited (Urdu: بینک الفلاح لمیٹڈ), formerly known as Habib Credit and Exchange Bank, is a Pakistani commercial bank headquartered in Karachi. It is a subsidiary of an Emirati ...

  7. PayPak - Wikipedia

    en.wikipedia.org/wiki/PayPak

    1link.net.pk /paypak /. PayPak (Urdu: پے پاک) is a Pakistani domestic financial services and payment service launched by 1Link under the State Bank of Pakistan Vision 2020. Currently, 35 of the country's banks have adopted it. [1] The reason to launch this domestic payment scheme was to save inter-change costs of International Payment Schemes.

  8. Credit card - Wikipedia

    en.wikipedia.org/wiki/Credit_card

    This is an accepted version of this page This is the latest accepted revision, reviewed on 24 September 2024. Card for financial transactions on credit This article has multiple issues. Please help improve it or discuss these issues on the talk page. (Learn how and when to remove these messages) This article needs additional citations for verification. Please help improve this article by ...

  9. What happens to your retail credit card when a store closes?

    www.aol.com/finance/happens-retail-credit-card...

    Let’s say your overall available credit is $8,000, and your retail credit card limit makes up $1,500 of that amount. Once the card is closed, you only have $6,500 of available credit. The ...