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Aza is a Nigerian slang term that refers to bank account digits, specifically the account number. [1] When someone in Nigeria uses the term "Aza," they are requesting the account number from another person, usually with the intention of sending money to that account.
Meezan Bank Limited (Urdu pronunciation: [mi.ˈzaːn bɛŋk] mee-ZAHN-BANK) is a Pakistani Islamic bank headquartered in Karachi. [2] It is the largest Islamic bank and the largest bank based on market capitalization in Pakistan.
He said that the Nigerian Accounting Standards Board (NASB) Act 2003 said that only the board could set standards for the accounting profession. [20] In June 2010 Mr. Godson Nnadi, Executive Secretary of Nigeria Accounting Standards Board, spoke in favor of a new body to set accounting and auditing standards for Nigeria and other African nations.
Two other contracts sometimes used by Islamic finance institutions for pay-back-on-demand accounts instead of qard al-hasanah, [342] [Note 24] are Wadi'ah (literally "safekeeping") [368] and Amanah (literally "trust"). Sources disagree over the definition of these two contracts. "Often the same words are used by different banks and have ...
Mizan,or Meezan (English: balance, scale, Urdu: ميزان) is a comprehensive treatise on the contents of Islam, written by Javed Ahmad Ghamidi, a Pakistani Islamic scholar and philosopher. It is published in Urdu by Al-Mawrid Institute of Islamic Sciences. The book is also available in the form of different booklets.
The implementation of Zero COT started in Nigeria on 1 January 2016. This policy was initiated via a circular called RGBC from CBN to all the DMBs in the country on 1 April 2013. The CBN provided a graduating plan which provide for the removal of the COT on all induced debit transactions by the bank to be removed from 2013 thus; =N=3 in 2013 to ...
Structure of simple mudaraba contract [11]. Mudarabah is a partnership where one party provides the capital while the other provides labor and both share in the profits. [12] [13] The party providing the capital is called the rabb-ul-mal ("silent partner", "financier"), and the party providing labor is called the mudarib ("working partner").
There are over 520 native languages spoken in Nigeria. [1] [2] [3] The official language is English, [4] [5] which got introduced as the language of Colonial Nigeria.The English-based creole Nigerian Pidgin – first used by the British and African slavers to facilitate the Atlantic slave trade in the late 17th century [6] – is the most common lingua franca now, spoken by over 60 million people.