Faiz punya padlet by FAIZUDDIN AQIL BIN AZAMUDDIN https://padlet.com/2019430918/pp8pmiglu338jv61 Made in China en-us 2020-10-26 12:51:20 UTC 2025-10-23 12:28:42 UTC hello@padlet.com https://padlet.net/icons/png/1f47e.png 2019430918 https://padlet.com/2019430918/pp8pmiglu338jv61/wish/861462480 2020-10-26 12:54:25 UTC https://padlet.com/2019430918/pp8pmiglu338jv61/wish/861462480 2019430918 https://padlet.com/2019430918/pp8pmiglu338jv61/wish/861468763 "A person who carries a banking business"]]> 2020-10-26 12:56:08 UTC https://padlet.com/2019430918/pp8pmiglu338jv61/wish/861468763 WHAT IS BANKING BUSINESS? 2019430918 https://padlet.com/2019430918/pp8pmiglu338jv61/wish/861485833 2020-10-26 13:00:48 UTC https://padlet.com/2019430918/pp8pmiglu338jv61/wish/861485833 2019430918 https://padlet.com/2019430918/pp8pmiglu338jv61/wish/861500226 i. Commercial banks are the largest and most significant providers of  funds in the banking system.
ii. There are currently 26 commercial banks (excluding Islamic banks).
iii. These banks are governed by the Financial Services Act (FSA) 2013. ]]> 2020-10-26 13:04:39 UTC https://padlet.com/2019430918/pp8pmiglu338jv61/wish/861500226 THE IMPORTANCE OF COMMERCIAL BANKS 2019430918 https://padlet.com/2019430918/pp8pmiglu338jv61/wish/861521007 i. The only financial institutions allowed to provide current 
account facilities, where payment can be made by issuing 
cheque; 
ii. Receive major role in facilitating the payments system 
within the country and overseas; 
iii. Authorize to deal in foreign exchange transactions; and 
iv. Act on behalf of the BNM in administering Malaysia’s 
foreign exchange control system
]]> 2020-10-26 13:09:46 UTC https://padlet.com/2019430918/pp8pmiglu338jv61/wish/861521007 FUNCTIONS OF COMMERCIAL BANKS 2019430918 https://padlet.com/2019430918/pp8pmiglu338jv61/wish/861529280 i. Mobilization of savings
ii. Provision of facilities
iii. Granting loan and advances
iv.  Financing of government
v. Provision of finance]]> 2020-10-26 13:11:37 UTC https://padlet.com/2019430918/pp8pmiglu338jv61/wish/861529280 THE SOURCES OF FUNDS 2019430918 https://padlet.com/2019430918/pp8pmiglu338jv61/wish/861545337 i. Deposit received
ii. Capital and reserves
iii. Internal and external blowing
iv. Repos (Repurchase agreement)
v. Bankers' acceptance
vi. Debentures and notes]]> 2020-10-26 13:15:15 UTC https://padlet.com/2019430918/pp8pmiglu338jv61/wish/861545337 THE USES OF FUNDS 2019430918 https://padlet.com/2019430918/pp8pmiglu338jv61/wish/861595870 i. Loans and advances
ii. Purchase fixed assets
iii. Investment activities
iv. Placement of deposits with other Financial Institutions
v. Cash and reserves with BNM]]> 2020-10-26 13:26:41 UTC https://padlet.com/2019430918/pp8pmiglu338jv61/wish/861595870 2019430918 https://padlet.com/2019430918/pp8pmiglu338jv61/wish/861617375 i. Islamic banking activities in Malaysia began as a result of the 
pressure from Muslims to conduct their banking activities , in accordance with the Islamic principles. 
ii. There are currently 16 Islamic banks (excluding commercial 
banks). 
iii. These banks are governed by the Islamic Financial Services 
Act (IFSA) 2013. 
iv.  The Islamic banks are carrying out their operations in 
accordance with the Islamic shariah.
]]> 2020-10-26 13:31:42 UTC https://padlet.com/2019430918/pp8pmiglu338jv61/wish/861617375 PRINCIPLES 2019430918 https://padlet.com/2019430918/pp8pmiglu338jv61/wish/861623454 i. Al-Wadiah Yad Dhamanad (Safekeeping deposit with guarantee)
ii. Al-Mudharabah (Profit sharing)
iii. Al-Musyarakah (Joint venture or partnership)
iv. Al-Murabahah (cost-plus financing)
v. Bai Bithaman Ajil (deferred payment sale)
vi. Bai al-Dayn (debt financing)
vii. Al-Ijarah (leasing)
viii. Al-Takjiri (leasing and subsequently purchase)
ix. Al-Qardhul Hassan (benevolent loan)
x. Al-Wakalah (nominating another person to act)
xi. Al-Kafalah (guarantee)
xii. Al-Rahn (collateralized borrowing)
xiii. Al-Hiwalah (remittance)
xiv. Al-Ujr (fee)]]> 2020-10-26 13:33:04 UTC https://padlet.com/2019430918/pp8pmiglu338jv61/wish/861623454 SERVICES 2019430918 https://padlet.com/2019430918/pp8pmiglu338jv61/wish/861684253 2020-10-26 13:45:47 UTC https://padlet.com/2019430918/pp8pmiglu338jv61/wish/861684253 FEE (UJR) BASED SERVICES 2019430918 https://padlet.com/2019430918/pp8pmiglu338jv61/wish/861685740 i. Al-Hiwalah (remittance)
ii. Al-Ijarah (leasing)
iii. Al-Kafalah (guarantee)
iv. Al-Sarf (Forex)]]> 2020-10-26 13:46:07 UTC https://padlet.com/2019430918/pp8pmiglu338jv61/wish/861685740 INTEREST-FREE BASED SERVICES : 2019430918 https://padlet.com/2019430918/pp8pmiglu338jv61/wish/861701857 i. Al-Mudharabah (profit sharing)
ii. Al-Musyarakah (partnership)
iii. Al-Murabahah (cost-plus financing)
iv. Al-Wadiah (deposit)

]]> 2020-10-26 13:49:32 UTC https://padlet.com/2019430918/pp8pmiglu338jv61/wish/861701857 2019430918 https://padlet.com/2019430918/pp8pmiglu338jv61/wish/861717032 i. Both conventional and islamic banks offer similar banking business
ii. Both conventional and islamic banks charge fee and interest for their banking business]]> 2020-10-26 13:52:43 UTC https://padlet.com/2019430918/pp8pmiglu338jv61/wish/861717032 2019430918 https://padlet.com/2019430918/pp8pmiglu338jv61/wish/861742356 2020-10-26 13:58:12 UTC https://padlet.com/2019430918/pp8pmiglu338jv61/wish/861742356 2019430918 https://padlet.com/2019430918/pp8pmiglu338jv61/wish/861790322 NAME : FAIZUDDIN AQIL BIN AZAMUDDIN
MATRICS NO : 2019430918]]> 2020-10-26 14:08:10 UTC https://padlet.com/2019430918/pp8pmiglu338jv61/wish/861790322