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Profit and Loss Sharing (also called PLS or participatory banking) refers to Sharia-compliant forms of equity financing such as mudarabah and musharakah. These mechanisms comply with the religious prohibition on interest on loans that most Muslims subscribe to. Mudarabah (مضاربة) refers to "trustee finance" or passive partnership contract ...
A budget is a calculation plan, usually but not always financial, for a defined period, often one year or a month. A budget may include anticipated sales volumes and revenues, resource quantities including time, costs and expenses, environmental impacts such as greenhouse gas emissions, other impacts, assets, liabilities and cash flows.
Financial inclusion is the availability and equality of opportunities to access financial services. [ 1] It refers to processes by which individuals and businesses can access appropriate, affordable, and timely financial products and services - which include banking, loan, equity, and insurance products. [ 2][ 3] It provides paths to enhance ...
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 ...
t. e. Finance refers to monetary resources and to the study and discipline of money, currency, assets and liabilities. [ a ] As a subject of study, it is related to but distinct from economics, which is the study of the production, distribution, and consumption of goods and services. [ b ] Based on the scope of financial activities in financial ...
The Central Directorate of National Savings ( Urdu: مرکزی نظامت برائے قومی بچت) is the state-owned savings bank of Pakistan. It operates as an attached department of the Finance Division, Ministry of Finance and is headed by Director General. [ 1] Historically, the operations of National Savings have been geared towards ...
Mogul. from Hindi and Urdu: An acknowledged leader in a field, from the Mughal rulers of India like Akbar and Shah Jahan, the builder of the Taj Mahal. Maharaja. from Hindi and Sanskrit: A great king. Mantra. from Hindi and Sanskrit: a word or phrase used in meditation. Masala.
The Urdu Wikipedia (Urdu: اردو ویکیپیڈیا), started in January 2004, is the Standard Urdu-language edition of Wikipedia, a free, open-content encyclopedia. [1] [2] As of 20 August 2024, it has 209,320 articles, 183,518 registered users and 12,672 files, and it is the 54th largest edition of Wikipedia by article count, and ranks 20th in terms of depth among Wikipedias with over ...