Finance Definition

The inauguration ceremony was graced by eminent people from banking, housing finance and media industry. Salaam Takaful Limited was incorporated in June, 2006 with its registered head-office in Karachi. With an authorized capital of Rs. 700 million, issued Capital of Rs. 500 million all fully paid-up as at 30 September 2018, the Company is sponsored by reputable financial institutions both local and foreign.

Finance looks at money that will be spent, asking questions such as how, on what, when and why? Finance looks after the business’ assets and plans how these assets are distributed. To put it very simply; accounting is about money that has been spent, and finance is about money that will be spent. Public finance accountants make sure money is spent properly in public sector organisations. Banking customer service advisers provide a face-to-face service in banks and building societies.

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