Search results
Results from the WOW.Com Content Network
Jammu & Kashmir Bank Limited (J&K Bank) is an Indian private sector bank headquartered in Srinagar, Jammu and Kashmir. [2] The Jammu and Kashmir Bank was incorporated on 1 October 1938, by the then ruler of the princely state of Jammu and Kashmir Maharaja Hari Singh with an initial paid up capital of ₹5.00 Lakh.
Parvez Ahmad was chairman and CEO of Jammu and Kashmir Bank. He was removed by the state government on the charges of "mis-governance". He is the second chairman and CEO of J&K Bank, after Haseeb A Drabu, to be suddenly removed by the J&K state government. [1] [2] On 23 September 2021, Nengroo joined the Jammu and Kashmir People's Conference [3]
In June 2019, the Reserve Bank of India approved the appointment of Chhibber as interim chairman and managing director (CMD) of the Bank, following the removal of Parvez Ahmad from the post by the state government. [9] [10] He also served as the Chairman of J&K Grameen Bank an Indian Regional Rural Bank. He was elevated as the Executive ...
Another statement of the Islamic banking theory of finance is: "Money has no intrinsic utility; it is only a medium of exchange." [102] [103] Other restrictions include Islamic banks are to collect zakat (obligatory religious alms giving) from customers' accounts – at least according to some sources. [99] [104]
Faysal Bank Limited (Urdu pronunciation: [ˈfɛj.səl bɛŋk] FAY-sul-BANK) is a Pakistani Islamic bank based in Karachi. [2] [3] Founded as Al-Faysal Investment Bank in 1995, it became an Islamic bank in 2023. It is named after Mohammed bin Faisal Al Saud. Over the years, Faysal Bank has been involved in multiple controversies.
The project to build the bridge began during an official visit to Bahrain in 1954 by King Saud; his wish was to nurture and further solidify the bonds between the two countries. Following Bahrain's declaration of independence, Prince Fahd bin Abdulaziz, then interior minister of Saudi Arabia, led a high-level delegation to Bahrain. At the close ...
Bahrain is the dual form of Arabic word Bahr (meaning literally "sea"), so al-Bahrayn originally means literally "the two seas".However, the name has been lexicalised as a feminine proper noun and does not follow the grammatical rules for duals; thus its form is always Bahrayn and never Bahrān, the expected nominative form.
Bahrain: Political development in a modernizing society. ISBN 0-669-00454-5; Andrew Wheatcroft (1995). The Life and Times of Shaikh Salman Bin Hamad Al-Khalifa : Ruler of Bahrain 1942–1961. ISBN 0-7103-0495-1; Fuad Ishaq Khuri (1980). Tribe and state in Bahrain: The transformation of social and political authority in an Arab state. ISBN 0-226 ...