Application of the financial engineering by using the credit card "An applied study in the bank of Al staklal"
Volume 8, Issue 29, Pages 210-260
AbstractThe Research aimed to find a mode for the contemporary fund systems . This will aim to attain the effectiveness in the contemporary finance products and develop then . Also it will take in to considerate to find new tools and financial paper in order to extract new financial tools and ways to satisfy the investors needs or their fund demands for their fund tools . Therefore , it will be used new financial methods which are not used in Banks such as The credit card and new kinds of stock and bonds . the credit cards contributes , as a tool to satisfy the monetary obligations , in selling and buying operation instead of carrying money .
The study used the analytical mode depending on a questionnaire was prepared for that aim . The study got to some suggestions , such as the profit and loss indicators in The bank of Al staklal in Basrah . This Bank suffered from losses. Also , the card shows that it is a style for serving the society in reducing the unemployment and inflation .
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