Islamic Banking is growing at a rapid speed and has showed unprecedented growth and expansion in last two decades in spite of mismatching of existing financial framework and business practices. By the end of 2008 volume of Islamic banking has reached to US $ 951 Billion with operation in more than 50 countries. Middle East is the centre of Islamic banking with contribution of approximately 80% ...

How information systems (IS) affect organizations and enable radical organizational change has been explored from a variety of perspectives. Through a case study in the investment banking industry, we will examine the changing nature of IS–organization relationships focusing on the crucial role that IS play and will continue to play as organizations strive for competitive advantage in a global ...

BACKGROUND To improve the financing of Colorado's public mental health system, the state designed, implemented, and evaluated a pilot program that consisted of three reimbursement models for the provision of outpatient services. Community mental health centers (CMHCs), the primary providers of comprehensive mental health services to Medicaid recipients in Colorado, had to search for innovative ...

Available online 18 October 2014 Extant literature suggests that bank monitoring improves corporate governance. This paper demonstrates that inefficiency in banking can also significantly reduce the equity capital markets' disciplinary power. Specifically, we show that in an environment in which the banking system is dominated by inefficient state-owned banks, controlling shareholders' tunnelin...

For purposes of this subpart: Bank holding company means any company that controls a bank (as provided in section 2 of the Bank Holding Company Act of 1956 (12 U.S.C. 1841 et seq.)). Consultant. For purposes of this subpart, a consultant for a national bank, savings association, bank holding company, savings and loan holding company, or other company shall include only an individual who works d...

The paper approaches certain aspects regarding the involvement of the banking and industrial capital in the development and modernization of gold mining during the existence of „Mica” Company (1920-1948). The paper presents the political and economic factors contributing to the positive results in the field. It also provides examples of the way in which the banking and industrial capital was in...

“Finance companies” (technically, credit, financing, and investment companies - SCFIs) coexist with large banks within economic conglomerates. Using historical series of interest rates, we tested the hypothesis that SCFIs belonging to banking groups other subsidiary institutions (non-major banks) would focus on more vulnerable customers, who accept contract credit at higher rates than those pra...

Ukraine is suffering from low level of innovation activities and widening gap between the industry and research institutions, both in government and higher education sectors. This is reflected in shrinking of R&D financing, declining share of a number of graduates in natural sciences and engineering and some other indicators. Orientation on development of traditional industries of the national ...

Title IV of the Financial Services Modernization Act of 1999 closed an important loophole in U.S. banking law: the unitary thrift holding company exemption from laws that prevented the mingling of banking and commerce.1 The loophole had allowed nondepository institutions, including nonfinancial corporations, to own unitary thrift holding companies (UTHCs). Only depository institutions could own...