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 [...] [...more]
If you thought Wall Street’s debt crisis was traumatic, wait till you the see the consequences of Washington’s debt crisis! Never before in history has a world power like the U.S. been so utterly buried in debt! And never before has that debt been financed so massively by foreign investors! Nineteenth century Mexico, Spain, and Argentina accumulated [...] [...more]
Times Of India NEW DELHI: Aggressively pitching for $1 trillion worth of Sharia-compliant funds from the Gulf countries for investments in its infrastructure development, the UPA government has drafted a report on Islamic banking even as RBI and the finance ministry are jointly working on necessary legislative changes to implement the same. A committee headed by the [...] [...more]
© Islamic Finance Today Described by The Economist as a “polymath”, and by his clients as “brilliant and fresh”, Joe DiVanna is the Managing Director of Maris Strategies Limited, an innovation think-tank providing research and advisory services to the financial services industry, global businesses and governments. He is the author of the annual Top 500 Islamic [...] [...more]
– A post war view of the Sri Lankan economy and the role of Islamic Finance in it Muath Mubarak presently works for First Global Group, a Sri Lanka-based conglomerate of companies involved in the Islamic finance industry. He is a Final level student of CIMA-UK and Associate Fellow Member of Institute of Islamic Banking and [...] [...more]
The Vatican says Islamic finance system may help Western banks in crisis as alternative to capitalistm. The Vatican offered Islamic finance principles to Western banks as a solution for worldwide economic crisis. Daily Vatican newspaper, ‘L’Osservatore Romano, reported that Islamic banking system may help to overcome global crisis, Turkish media reported. The Vatican said banks should look at [...] [...more]
It was only recently that a Bahrain-based investment firm announced the launch of a Nanotechnology Fund, a private equity fund which will invest in shares and equity-oriented securities of companies with a particular emphasis on global nanotechnology companies including technology and biotechnology companies which benefit from nanotechnology. Although we [...] [...more]
