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Canteen Stores Department (CSD) is a Pakistani chain of retail and Hire Purchase stores headquartered in Rawalpindi, Pakistan. [2]It is run by the Pakistani Ministry of Defence [3] and currently manages 108 stores, making it the second largest retail chain in the country after Utility Stores Corporation.
Hire purchase A hire purchase ( HP ), [ 1 ] also known as an installment plan , is an arrangement whereby a customer agrees to a contract to acquire an asset by paying an initial installment (e.g., 40% of the total) and repaying the balance of the price of the asset plus interest over a period of time.
Hire Purchase under Shirkatul Melk (HPSM) is a type of hire purchase contract which has been developed through practice and approved in Shariah. The term is used in Islamic banking. It is a synthesis of three contracts: shirkat, ijarah and sale. Under this mode, banks supply goods on rental basis.
Unlike a traditional hire purchase, where the customer repays the total debt in equal monthly instalments over the term of the agreement, a PCP is structured so that the customer pays a lower monthly amount over the contract period (usually somewhere between 24 and 48 months), leaving a final balloon payment to be made at the end of the ...
Maybank is also ranked 106th in The Banker's 2020 Top 1000 World Banks (as of July 2020) and 349th in the Forbes Global 2000 Leading Companies (as of May 2020). Maybank is the largest public listed company on Bursa Malaysia, the Malaysian stock exchange, with a market capitalisation of US$23.7 billion as of 31 December 2019.
WASHINGTON (Reuters) -U.S. President-elect Donald Trump said on Wednesday he had picked Peter Navarro to be senior counselor for trade and manufacturing. Navarro served as head of a newly created ...
Fortune 500 companies, burgeoning crypto firms and individual billionaires are racing to help underwrite Donald Trump’s upcoming inauguration – pledging seven-figure donations apiece to next ...
COLLEGE FOOTBALL GOES PRO: Behind the 'mad scramble' to hire NFL-style GMs, front offices. ... If you make a purchase by clicking one of the links, we may earn an affiliate fee. USA TODAY Network ...