Income is considered as one of the factors to determine success in life (Liu, Kuo, He, & Liu, 2006). Banks often rely on models which predict credit risk to decide whether to lend to a loan seeker (Junjie Liang, 2011). Any event, which is subjected to uncertainty, is predicted through actuarial models.
While investing in the stock market, the main aim for anyone is to generate the return on invested capital. Investors aren’t only trying to get the profitable returns from investing capital, but they also expect to outperform in the market.
Stakeholder analysis is an approach, tool or set of tools used for creating knowledge about the project participants such as individuals and organizations, in a bid to understand their behavior, intentions, interrelations and interests.
The Insurance Regulatory Development Authority’s (IRDA) significant move towards adopting a customer-eccentric approach in the Indian life insurance industry has initiated hope for a better tomorrow.
When one talks about banking the immediate notion is that of an organization where deposits can be kept to earn interest income over the time. However, there are banks which do not work on any interest income and still are called banks. These are Islamic banks.
Islamic Finance remains a largely unknown concept even today in spite of being into existence since more than six decades now. The concept of Islamic finance has its roots from Islamic countries since the 1950’s and 1960’s. Kahf (2000) asserts that the roots of Islamic finance can be found in writings on Islamic economics dating back to […]