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Related Content: MGT604 - VU Lectures, Handouts, PPT Slides, Assignments, Quizzes, Papers & Books of Management of Financial Institutions

STATE BANK OF PAKISTAN - VARIOUS DEPARTMENTS (Contd.)

Islamic Banking Department

• Islamic Banking Department was established on 15th September, 2003 and has been entrusted with the huge task of promoting & developing the Shariah Compliant Islamic Banking as a parallel and compatible banking system in the country.
• State Bank of Pakistan wants to develop a progressive and sound Islamic banking system that is in line and compatible with the global financial sector, providing innovative Shariah compliant products and services so as to achieve equitable economic growth.
• One of the biggest challenges being faced by this growing industry is the dearth of professional Islamic Bankers and capacity building in this regard is one of the top most priorities for the promotion of Islamic Banking.
• In order to play our regulatory and supervisory role more efficiently we are working on the areas like Risk Management, Corporate Governance, Prudential Regulations, Accounting & Shariah Standards etc. regarding Islamic Banking

Islamic Banking Department consists of following four divisions:

• Policy Division
• Shariah Compliance Division
• Business Support Division
• Shariah Board Secretariat

Islamic Banking is one of the emerging field in global financial market, having tremendous potential and growing at a very fast pace all around the world.

Read more: MGT604 - Management of Financial Institutions - Lecture Handout 08

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Related Content: MGT613 - VU Lectures, Handouts, PPT Slides, Assignments, Quizzes, Papers & Books of Production & Operations Management

MATERIAL REQUIREMENTS PLANNING / ENTERPRISE RESOURCE PLANNING- I

Learning Objectives

• Discuss benefits and requirements of MRP.
• Explain how an MRP system is useful in Capacity Requirements
• Benefits and shortcomings of MRP
• MRP II and MRP.

MRP: A Recap

1. Material Requirements Planning (MRP) is software focusing on production planning and inventory control system used to manage manufacturing processes.
2. An MRP system is intended to simultaneously meet three objectives:
   1. Ensure materials and products are available for production and delivery to customers.
   2. Maintain the lowest possible level of inventory.
   3. Plan manufacturing activities, delivery schedules and purchasing activities.
   
   

   Read more: MGT613 - Production / Operations Management - Lecture Handout 35