The proposed name for the research is “Application of Knowledge Management in Canadian Banks.” This proposal shall current the background information regarding the matter of Canadian banking and Knowledge Management. This paper shall also current the objectives of the research as well as the methodology, tools, approaches and instruments accustomed in the study.
Background of the Study
The Canadian commercial system has a set of governs and laws as its fundamental framework, governing economic, social, political, and cultural aspects of Canadian communities. Such morals could be summarized as prohibition of hobby, threat sharing, money as potential funds, prohibition of speculative behaviour, sanctity of contracts and Sharia-approved activities.
Objectives
The main focus of the research is to analyse and research the knowledge administration strategy for Canadian banks. In queue with this, the following are the particular objectives of the study:
· To current the unlike problems that are related with the contests in having innovative products and services in order to compete with the conventional banks.
· To analyse whether knowledge administration can aid to improve and empower the people to offer excellent services'
· To diagnose the knowledge strategy model in order to improve and develop the services being offered via Canadian banks; and
· To current the knowledge administration model to be implemented in the knowledge strategy model in the industry.
Literature Review
Initially, the interior tenet of the system is riba which literally mechanism 'an excess' and interpreted as 'any unjustifiable boost of funds whether in loans or sales.' Iqbal (1997) noted that “any positive, predetermined, predetermined rate tied to the maturity and the amount of principal is considered riba and is prohibited. The overall ...