Internet-based banks like NetBank are giving traditional banks some fierce competition as more small businesses make the shift to online banking.

“We are extremely pleased with the success of our small-business banking initiative,” said Douglas K. Freeman, chairman and chief executive officer of NetBank Inc. “More and more, small businesses are embracing the Internet and using it to do business better, faster,

Islamic Banking and Global Financial Market: Signs of Economic Growth

Introduction

The topic of my present research work is “Islamic Banking and global financial market” and how they are interrelated to lead to the sustainable growth of economic development. Islamic finance is closely related to Islam’s vision of economic development, which gives primary importance to the realization of socioeconomic justice and the well-being.
The subject of Islam and economic

Money is one of the man’s greatest inventions, an essential tool of civilization, because every society has a money economy based on coins and paper notes. In primitive society there was a barter system which is the direct exchange of goods and services for goods and services. As the extent of specialization increases, the barter

Money is an intrinsic part of our life. By money we mean  any commodity generally accepted in payment for goods, services, & debts. The main use of money is makes the trading process simpler & more efficient, but actually money has various uses in the modern world & various