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  • Final Presentation On Business Ethics in Banking Sector

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    Uqaila Mirza
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    The document discusses ethics in Islamic banking in Pakistan. It provides an overview of Islamic banking principles and the history of Islamic banks in Pakistan, including the opening of Islamic banks in 2003. It then discusses ethical and unethical activities in Allied Bank Cantt, such as maintaining confidentiality being ethical versus charging interest being unethical. The document concludes by recommending Islamic financing models like Musharakh and Muzaribh that follow profit and loss sharing principles.

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    this document cover the ethical and unethical practices of banking sector in Pakistan

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    Final Presentation on Business Ethics in Banking Sector

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    The document discusses ethics in Islamic banking in Pakistan. It provides an overview of Islamic banking principles and the history of Islamic banks in Pakistan, including the opening of Islamic banks in 2003. It then discusses ethical and unethical activities in Allied Bank Cantt, such as maintaining confidentiality being ethical versus charging interest being unethical. The document concludes by recommending Islamic financing models like Musharakh and Muzaribh that follow profit and loss sharing principles.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pptx, pdf, or txt
    16 views7 pages

    Final Presentation On Business Ethics in Banking Sector

    Uploaded by

    Uqaila Mirza
    The document discusses ethics in Islamic banking in Pakistan. It provides an overview of Islamic banking principles and the history of Islamic banks in Pakistan, including the opening of Islamic banks in 2003. It then discusses ethical and unethical activities in Allied Bank Cantt, such as maintaining confidentiality being ethical versus charging interest being unethical. The document concludes by recommending Islamic financing models like Musharakh and Muzaribh that follow profit and loss sharing principles.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
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    of 7

    ETHICS IN ISLAM AND

    BUSINESS PRESENTATION
    (Banking Sector)

    INTRODUCTION:

    ETHICS
    ISLAMIC ETHICS
    BANKS
    OVERVIEW OF BANKS IN PAKISTAN

    ISLAMIC BANKING IN PAKISTAN


    Each of the three constitutions of Pakistan (1956, 1962, 1973),
    adopted so far, contains a clause making the elimination of
    Riba (Interest), an objective of the State
    Opening Of Islamic Banks in 2003

    Formed Sharia Board


    Recently announced issuance of Bank Licenses only
    to Islamic Banks, hence, no new license shall be
    allowed to Conventional Bank

    Ethical activities in Allied Bank Cantt

    Confidential information:
    Recording of information:
    Honesty & integrity:
    Financial services compliance:
    Change of personal information:
    Health & hygiene:

    Unethical activities in Allied Bank Cantt


    Interest
    borrowing funds
    lending funds

    Pre-defined return
    Asset based financing
    Insurance

    Recommendations

    Musharakh, Muzaribh, Morahbah


    Sharing of profit
    Sharing of loss
    Real based transaction
    Information about its money

    THANK
    YOU

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