Wednesday, May 1, 2019
A Comparison between Islamic and Non-Islamic banks and companies in Research Paper
A parity between Islamic and Non-Islamic wedges and companies in terms - Research Paper ExampleThe key difference of the two banks is that, The Islamic Banking is based on Sharia foundation. And therefore, entirely its transaction, business approach, investment focus, product feature, responsibility and umpteen much are derived from the Shariah law, this lead to the significant difference in many part of its trading operations with as that of the conventional banks.Furthermore,the foundation of Islamic bank is based on the Islamic faith and tends to tour of duty just within the within the limits of this Islamic Laws or the Shariah to be specific in all of its operations and decisions. The Arabic word Shariah has means the way to the source of lifeBeing the outgrowth National bank in Qatar, The Qatar national bank was the first bank to launch a monetary services subsidiary. The bank then launched the launch of QNB Financial Services in the year 2011. Through this project, th e bank has offered a range of financial services to both the domestic and international institutional investors. As it continues to grow, the QNB is pertinacious to place itself as a leading financial institution that is able to use its assets in make positive difference throughout its market ,the bank therefore seems to be the pace setter for the former(a) Banks like the Commercial Bank of QatarThe financial market of Qatar is considered small and hence relies on its regional dimension. The GCC investments contributes on the Qatar Stock Exchange estimated at 62.5 billion ($17 billion) Qatari riyal .Generally the Qatar economy depends on its neighbors when it comes to trade, more specifically Saudi Arabia, in consideration to export and import and also marketing of Qatar products.The Qatar economy very depends on its Gas. The Qatar gas is the worlds largest liquefied natural gas (LNG) company. It produces annually and supplies the globe with over 42 one million million metric to ns of LNG from across its four
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