Islamic Finance

The Decline of the American Empire By Al Jazeera

The US has the world's biggest economy, the most influential culture, and the most potent military machine, with a budget that equals that of all other nations combined. It is the only power with a global project defended and supported by more aircraft carriers, Fortune 500 companies, and more successful media-tainment conglomerates than any other. But the last decade has …

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The Book of Jobs By Joseph E. Stiglitz

Forget monetary policy. Re-examining the cause of the Great Depression—the revolution in agriculture that threw millions out of work—the author argues that the U.S. is now facing and must manage a similar shift in the “real” economy, from industry to service, or risk a tragic replay of 80 years ago. It has now been almost five years since the bursting …

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Islamic finance: Alleviating poverty in Sri Lanka

In order to solve the issue of poverty in Sri Lanka, MUATH MUBARAK highlights the initiatives that have been taken by Islamic finance institutions in Sri Lanka. Sri Lanka has been heavily engaged in solving the civil armed violation in the country for the last three decades and the government was finally able to put a full stop to the conflict two years ago. This …

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A Glimpse into Islamic Banking Software Systems by Mr. Muath Mubarak

The evolution and development of Information Systems  (IS) in the banking sector can be traced back to the 1800s, from the introduction of the telegraphic system in the US. Today, sophisticated systems and state of the art technology are widely used in the banking sector, and multi-channel banking makes it much easier and less rushed for us all. The emerging …

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