Islamic Finance News- PAKISTAN: Pakistan wants to join IsDB’s country support program
- UGANDA: Uganda Development Bank to step up lending with endorsed financing from multilateral lenders
- PAKISTAN: Habib Bank and Jubilee Life launch life Takaful product
- OMAN: Bank Nizwa signs agreement with Oman Credit and Financial Information Centre
- KUWAIT: Kuwait’s Capital Markets Authority fines Al Madina for Finance and Investment Company KWD15,000 (US$49,280.8)
- SAUDI ARABIA: Mahara for Human Resources renews insurance contract with Al Sagr Company for Cooperative Insurance
- MALAYSIA: Manulife Investment Management introduces Islamic REIT fund for private retirement scheme
- PAKISTAN: Faysal Islamic Dedicated Equity Fund activates non-broker clearing member account with National Clearing Company of Pakistan
- SAUDI ARABIA: Al Rajhi REIT to offer new units at SAR8.8 (US$2.35) per unit
- MALAYSIA: FWD Takaful launches Family Takaful cancer plan
Tag Archives: Political Economy
Negative Effects of Interest Based Loans on Development
Salman Ahmed Shaikh Most developing countries are going through a perpetual debt trap which takes away resources that could have been used on development, but instead are used to service compounded debt. Continent of Africa seems to be most affected … Continue reading
Political Economy from Islamic Standpoint
Salman Ahmed Shaikh Samuel Huntington in his book raised the debate of clash of civilizations and argued that Islam has ‘bloody borders’. But, the data on actual military expenditures paints a very different picture and confirms that almost all major … Continue reading
