February 7, 2018 | by SP Jain Global Events
As part of the Visiting Wisdom session at our Dubai Campus, Suresh Lalwani (Head of Expatriate Segment - Business Banking, RAKBANK) addressed the SP Jain students on 7th February. He spoke about the banking system in UAE with special reference to Lending and how banks are transforming with changing market conditions.
As part of the Visiting Wisdom session at our Dubai Campus, Suresh Lalwani (Head of Expatriate Segment - Business Banking, RAKBANK) addressed the SP Jain students on 7th February. He spoke about the banking system in UAE with special reference to Lending and how banks are transforming with changing market conditions.
It was an interactive session wherein Mr. Lalwani spoke about the business communities in UAE, important markets in the region, and the associated risks of doing business due to sanctions and money laundering.
His personal anecdote about the Commercial business banking in UAE was of particular interest to the students. Another topic that caught the students’ eye was the Islamic Banking (Sharia) and how it is different from the conventional/traditional forms of banking. The solid loan structure of Sharia banking is what sets it apart – no loan is ever given on speculation. This system of banking completely eradicates the chance of most failures as the loans are given only when the entire house value is determined, post which the keys are handed over to the bank.
Mr. Lalwani then highlighted the evolution of Fintech banking. Most banks have accepted the fact that Fintech is more agile and can quickly adapt to dynamic market conditions. This was a wonderful overview for the students looking to understand the world of banking in the Middle East.
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S P Jain School of Global Management Pty. Ltd. Provider Category: Institute of Higher Education. TEQSA Provider Identification: PRV12041. CRICOS Provider Code: 03335G.
Permitted by the Knowledge and Human Development Authority. The academic qualifications granted by this institution and certified by KHDA shall be recognised in the Emirate of Dubai by all public and private entities for all purposes.
S P Jain School of Global Management Pty. Ltd. CRICOS Provider Code: 03335G.
The summer program is not approved or attested by KHDA and does not result in an award accredited under the Australian Qualifications Framework.
© 2024 S P Jain School of Global Management
S P Jain School of Global Management Pty. Ltd. Provider Category: Institute of Higher Education. TEQSA Provider Identification: PRV12041. CRICOS Provider Code: 03335G.
Name of PEI (Private Education Institution): S P Jain School of Global Management. Committee for Private Education (CPE) is part of SkillsFuture Singapore (SSG) Registration Number of PEI: 200516544Z | Period of Registration: 09 May 2023 to 08 May 2029.
Permitted by the Knowledge and Human Development Authority. The academic qualifications granted by this institution and certified by KHDA shall be recognised in the Emirate of Dubai by all public and private entities for all purposes.
© 2024 S P Jain School of Global Management
S P Jain School of Global Management Pty. Ltd. Provider Category: Institute of Higher Education. TEQSA Provider Identification: PRV12041. CRICOS Provider Code: 03335G.
Permitted by the Knowledge and Human Development Authority. The academic qualifications granted by this institution and certified by KHDA shall be recognised in the Emirate of Dubai by all public and private entities for all purposes.
© 2024 S P Jain School of Global Management
Please note that this program is not proved or attested by KHDA
S P Jain School of Global Management Pty. Ltd. CRICOS Provider Code: 03335G
Note: The MAIB program is not offered in Singapore and is not approved or attested by CPE.
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