CURRENT AFFAIRS

2019

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which among the following becomes World’s 1st Islamic Bank to Launch Banking Via WhatsApp?
A
Al-Rajhi Bank
B
RHB Islamic Bank
C
AmIslamic Bank
D
Emirates Islamic
Explanation: 

Detailed explanation-1: -That’s why we launched WhatsApp banking service, becoming the first Islamic bank in the world to do so. This service further enhances Emirates Islamic ’ s suite of digital financial products, enabling customers to conduct daily banking activities in a seamless and hassle-free manner.

Detailed explanation-2: -The Mit-Ghamr Savings Bank, established in 1963 in Egypt, is commonly referred to as the first example of Islamic banking in the modern world.

Detailed explanation-3: -So AIFICIL is touted as India’s first commercial Islamic banking institution, and is getting set to open branches in Hyderabad, Madras and Calicut as the first steps in reaching for a national network.

Detailed explanation-4: -Taqwa CCS Ltd was established in 2015, registered under Credit Cooperative Society Act 1959/60 of Karnataka, with a vision to be the First Islamic Banking Model in India.

Detailed explanation-5: -Dubai Islamic Bank (DIB), established in 1975, is the first Islamic bank to have incorporated the principles of Islam in all its practices and is the largest Islamic bank in the UAE.

There is 1 question to complete.