What is Conventional Bank

This business entity is an official financial institution that has a license from the relevant authorities to raise funds from the public. In addition to collecting and distributing funds back, the bank also provides other financial products, such as investment management, foreign currency exchange, and various payment services. In a country, commercial banks are usually regulated by the central bank. Meanwhile, Bank Indonesia (BI) is the central bank in Indonesia. Based on the method of determining the price, banks are divided into two, namely sharia and conventional. Quoted from the journal Banking in Conventional and Sharia Dimensions (2014) by Yuliatin, Islamic banks are financial institutions that are tasked with collecting and distributing funds to the public, using sharia principles and contracts.

39; as-salam, and bai al-istisna.

In Islamic banking, the internalization of sharia values ​​and banking operations can be seen from the products and services offered. In the Islamic fiqh tradition, the principle of deposit or savings is known as al-wadi'ah. It is interpreted as a pure deposit from one party to another, both individuals and legal entities, which must be guarded and returned whenever the custodian wants. Profit sharing is basically financing with the principle of trust and pure agreement between two or more parties, namely the owner of capital (investor) in this case Islamic bank, and the owner of the business, namely the customer. In general, this principle can be carried out in four main types of contracts, namely musharaka, mudarabah, musaqah, and muzara 'ah. The most widely applied principles in Islamic banking are mudarabah and musharaka. The forms of contracts that use this principle are: bai' al-murabahah, bai' bisamanin ajil, bai' as-salam, and bai al-istisna. The legal basis of the contract with this principle is QS Baqarah (2): 275, and QSThe principle of buying and selling is carried out in connection with the transfer of ownership of goods or objects (transfer of property).

At that time, banking practices greatly helped trade traffic.

The bank's profit rate is determined based on the share of the price of the goods sold. The legal basis for this principle is QS. There are two contracts that use the ijarah principle, namely ijarah (operational lease) and al-ijarah al-muntahia bittamlik (financial lease with purchase option). Ijarah means a lease affair with clear benefits and objectives, can be handed over, and may be replaced with an agreed wage. By applying this principle, it can be ensured that goods or services will be obtained according to specifications, quality, and with minimal costs. In this principle, the bank provides custody services for money or securities, where the bank has the power of attorney from the custodian to manage it. Furthermore, the bank will receive a reward for the service. In essence, banking products are in the form of providing services, although this must be adjusted to the authority of certain banks according to their functions. Conventional banks are banks whose business activities are carried out conventionally, by providing services in payment traffic. The practice of conventional banking has actually existed since the times of the Babylonians, Greeks and Romans. At that time, banking practices greatly helped trade traffic. Initially, the practice of banking was limited to the activity of exchanging money. Gradually, this practice developed into a business of accepting savings, depositing or borrowing money by charging interest. Quoted from the Journal of Comparative Analysis of Financial Performance of Islamic Commercial Banks and Conventional Commercial Banks and Their Influence on Investment Decisions (2011) by M. Thamrin et al, one of the differences between Islamic and conventional banks lies in the position of the relationship between the bank and its clients. In Islamic banking, the position of the bank and client relationship is as a partner of investors and traders. Whereas in conventional banks, the relationship is as a creditor and debtor.

9 Ways to Get Rid of Stickers on Motorcycles, Smooth Back Again!

Are you planning to buy an automatic car? Or planning to ride it in the near future? Maybe you already know that the way to drive an automatic car is different from the usual car, which shifts the gears manually. Automatic cars have automatic transmissions, where the automatic car gearshift system is designed to be able to move without having to step on the clutch pedal. Automatic transmission has two types of systems, both of which are also known to be simpler and easier, namely semi-automatic and automatic systems. This is How to Check Jakarta Number Plates, Easy! Even though it's automatic, it doesn't mean that driving an automatic type car is just playing the gas and brakes. You also have to be required to have a good feeling in measuring engine power because automatic cars also have transmissions that you can adjust depending on your needs. You will meet the automatic transmission lever with the code P, R, N, D, D3, 2 and L. If you are a new player in driving an automatic car, you are definitely confused by the letters and numbers that are rarely found. 9 Ways to Get Rid of Stickers on Motorcycles, Smooth Back Again! How to Check Vehicle Number Plate Owners Online, Easy! Complete Car Window Film Price List, Must Know! Well, to help you recognize a dead car gear, Qoala will explain in full about automatic car gear, from how to drive it, the meaning and function of each of the codes above and other information you need to drive an automatic car through this review.

As a beginner you need to be careful so that the lever is always in the correct position.

If it's your first time driving an automatic car, you may be a little confused about how to drive it. Especially if you are used to using a manual car, which has a different way of operating the gear from the automatic one. This is because you don't have to adjust the clutch or shift gear because it's done automatically. You just need to stop and go without shifting gears or playing the clutch. But if you are not used to having to be careful, you might get confused between the brake pedal and the pedal or the wrong way to use the automatic car gear. Not infrequently heard of accidents because they are not familiar with how to shift gears automatic cars that are not familiar. Therefore you must know some important things in how to drive an automatic car below. As a beginner you need to be careful so that the lever is always in the correct position. First before starting the engine, the lever position must be in the P position or in the N position. Do not position the lever in reverse or R, these positions are used to reverse. If the lever is in the R position, the car will not start when it is started.

When you enter the key, do not immediately start the engine. You should wait for the needle to spin until the indicator is active or lit which indicates the electricity is ready. Some types of automatic cars provide an indicator in the form of sound when the car is really ready to be started. When first starting, it is recommended to step on and hold the brake pedal for safety reasons because you are afraid that the car will suddenly accelerate forward. Some automatic cars have an automatic procedure that keeps the engine running if you don't press the brake pedal, although some don't. When the engine is on and you want to start moving, the first step that needs to be done is to change the gear position of your automatic car which was originally in position P or N, to position R to go backwards or D to go forward. It is important to depress the brake pedal at the same time as moving the lever in gear. This method can prevent damage to the machine. The transmission lever aka gear or automatic car gear is an important component that affects the speed of the car.

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