The average patient facing an antibiotic-resistant infection can expect a medical bill of between $18,588 and $29,069 in 2009 dollars, totaling $20 billion in health care costs each year in the U.S., according to estimates from the Alliance for the Prudent Use of Antibiotics at Tufts University.
The term âIslamic bankingâ refers to a system of banking or banking activity that is consistent with Islamic law (Shariah) principles and guided by Islamic economics. The contemporary movement of Islamic finance is based on the belief that all forms of interest are riba and hence prohibited.
DEFINITION of 'Fractional Reserve Banking'. A banking system in which only a fraction of bank deposits are backed by actual cash-on-hand and are available for withdrawal. This is done to expand the economy by freeing up capital that can be loaned out to other parties.Most countries operate under this type of system. banking system in which only a fraction of bank deposits are backed by actual cash-on-hand and are available for withdrawal.