{"product_id":"islamic-banking-in-india-von-hareem-tariq","title":"Islamic Banking in India","description":"\u003cp\u003eBank as is understood in general terms is a depositor or lender for the safekeeping of money.  \u003c\/p\u003e\u003cp\u003eWith the changing times banks are performing a host of other financial services like  \u003c\/p\u003e\u003cp\u003einsurance, mutual funds, securities, etc. It is important to look at some definitions of \u003c\/p\u003e\u003cp\u003ebanks to understand the concept of bank.\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\"An institution that provides a great variety of financial services. At their most basic, banks \u003c\/p\u003e\u003cp\u003e hold money on behalf of customers, which is payable on demand, either by appearing at \u003c\/p\u003e\u003cp\u003ethe bank for a withdrawal or by writing a check to a third party. Banks use the money they  \u003c\/p\u003e\u003cp\u003e hold  to finance loans, which  they make to businesses and individuals to pay for \u003c\/p\u003e\u003cp\u003eoperations, mortgages, education expenses, and any number of things. Many banks also perform \u003c\/p\u003e\u003cp\u003e other services for a fee; for instance they offer certified checks to customers \u003c\/p\u003e\u003cp\u003eguaranteeing payment to third parties. In some countries they may provide investment and  \u003c\/p\u003e\u003cp\u003einsurance services. With the exception of Zero Interest based banks, they pay interest on \u003c\/p\u003e\u003cp\u003edeposits and receive interest on their loans. Banks are regulated by the laws and central banks \u003c\/p\u003e\u003cp\u003eof their home countries; normally they must receive a charter to engage in business. Banks \u003c\/p\u003e\u003cp\u003e are usually organized as corporations.\" (Farlex financial dictionary- Bank)\u003c\/p\u003e\u003cdiv class=\"aw-variant-hidden-subtitle-div\" id=\"aw-variant-subtitle-9781006224584\"\u003e\u003ch3\u003eProspects and Challenges\u003c\/h3\u003e\u003c\/div\u003e","brand":"Autorenwelt Shop","offers":[{"title":"Softcover - 9781006224584","offer_id":39632549380189,"sku":"9781006224584","price":36.3,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0940\/0622\/products\/758af2b3-a5e0-49c8-b296-e58fd12177d7.jpg?v=1697256545","url":"https:\/\/shop.autorenwelt.de\/products\/islamic-banking-in-india-von-hareem-tariq","provider":"Autorenwelt Shop","version":"1.0","type":"link"}