A crossing network (CN) that is established and owned by a consortium- i.e., a number of partners, such as banks,…
A financial, promotional effort by which a bank tries to reach new customers (new leads) who were not expecting to...
A financial promotion that is made in the course of a telephone conservation or personal visit. Financial institutions are required...
A contingent event that, once occurred, will prompt a regulated entity to issue financial instruments that convert into a variable...
The occurrence of either of two situations, whichever earlier:Â 1) a regulator decides that it is necessary to write down...
A financial intermediary that mobilizes and directs funds (amwal) in a way compliant with shari'a principles and precepts (ahkam al-shari'a)....
It stands for non-bank financial institution; a financial institution (FI) that provides an array of services, similar to those provided...
A financial institution (FI) that provides an array of services, similar to those provided by banks but particularly excluding deposit...
A financial institution (FI) that provides an array of services, similar to those provided by banks but particularly excluding deposit...
It stands for International Bank Account Number, an internationally accepted account numbering standard which is designed to facilitate the automation...