Islamic Finance

The war raging in Libya since February is getting progressively worse as NATO forces engage in regime change and worse, an objective to kill Muammar Gadhafi to eradicate his vision of a United Africa with a single currency backed by gold. Observers say implementing that vision would change the world power equation and threaten Western hegemony. In response, the United States and …

How is it that the world's fortunes hang on the life or death of a murderous thug that the US has been supporting for 30 years? And why, in fact, if Yemen's President Ali Abdullah Saleh is so important, isn't it common knowledge? Saleh was wounded yesterday when opposition forces blew up his palace. But as I'll discuss, below, there's more …

  The recent Global Financial melt down which brought the near crash of several financial institutions worldwide  especially in the US and Europe , highlighted the dangers of Derivatives as an investment option . Most of the Financial institutions that needed massive state Bail Out in order to remain solvent at the height of the turbulence , carried substantial portfolios …

The dominant vision of nearly all people engaged in Islamic finance in modern times , is the maximization of profits through processes which are Sharia compliant The thinking behind this vision is that the profit motive can be a very acceptable major driving force in any endeavor so long as the modalities of such profit maximization initiatives are packaged in a Sharia …