Investment banking is considered haram in Islamic principles, as it involves interest-based activities which are strictly prohibited. Conventional investment banking includes activities such as capital raising, mergers and acquisitions, underwriting securities, and financial advisory services. Muslims are not allowed to invest in stocks of companies that directly or indirectly involve interest, such as interest-based banks, … Read more
Business Development is an essential part of the M&A process, serving private equity firms and investment groups. Investment banks prefer degrees in finance, accounting, and business administration. Corporate development involves working for a company, while investment banking is intermediary work. The highest position in investment banking is Managing Director, responsible for the bank’s profitability. Business … Read more
A bake off in investment banking refers to a competition between investment banks to win the same business, such as an IPO or M&A deal, by presenting pitchbooks and proposals to a client. This process allows the client to compare and evaluate the offerings and expertise of different banks before making a decision. In the … Read more