The global economy, artificially boosted since the recession of 2008-2009 by massive monetary and fiscal stimulus and financial bailouts, is headed towards a sharp slowdown this year as the effect of these measures wanes. Worse yet, the fundamental excesses that fueled the crisis – too much debt and leverage in the private sector (households, banks and other financial institutions, and …
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Islamic finance set to cross $1 trillion: ,REUTERS
ABU DHABI: The market for Islamic financial products is poised to surpass $1 trillion in value this year as demand surges globally, a senior Moody's official said on Monday. With a growth rate of 20 percent per year, the market for products such Islamic bonds and savings products was worth around $950 billion at the end of 2009, said Anouar …
Read More »The Financial Terrorists Who Destroyed Our Economy Will Pay Zero in Taxes and Get $33 Billion in Refunds, By David DeGraw
The first thing people need to understand is that the economic crash wasn’t a crash for the people who caused it. In fact, these financial terrorists are now doing better than ever. In a recent report, titled “Social Inequality in America: Widening Income Disparities,” more evidence of the unprecedented transfer of wealth was revealed: “As of late 2009, the number …
Read More »Latest issue of Islamic Finance Today magazine released
The latest issue of Islamic Finance Today for January- March 2010 has just been released. The contents of this issue include Perceptions of Islamic Finance by Roshan Madawela, Tale of Two Charities by Mansoor Durrani, Money Laundering and Terrorism Financing Issues by Rayan Muhammed, Islamic Rate of Return by Joseph Di Vanna, The Role of the Regulator by Suresh Perera, …
Read More »CSE Shariah Screen Report, By Guardian Investment House (GIH)
About GIH: Guardian Investment House (Pvt.) Limited or GIH is a boutique Islamic investment management and advisory company based in Colombo, Sri Lanka. The company specializes in structuring and managing shariah complaint traditional and alternative investments on a fiduciary basis for individuals and corporate ; as well as engage in financial advisory activities for corporations, governments and/or government related entities …
Read More »Why They Should be Indicted The Case Against Bernanke and Greenspan, By MIKE WHITNEY
Is there enough evidence to indict Ben Bernanke and Alan Greenspan on charges that they aided and abetted the banks and other financial institutions in the sale of fraudulent loans to investors? That depends on whether there is sufficient proof to show whether the two men KNEW that the nation’s lenders were engaged in large-scale predatory lending and chose to …
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