#islamic finance

Islamists not only look at religion as a panacea to political issues, but also as a provider of social justice and an engine of economic prosperity.

Qatar’s financial habits have been the subject of a lot of media coverage lately due to the successes of the Islamic State in Iraq and Syria (ISIS), and the setbacks the Syrian opposition actors the Gulf states were pinning their hopes on have suffered at the hands of ISIS. Kuwait, through its relative openness, plays a […]

Continuing coverage on the Rise of State-sponsored Capitalism” href=”http://globaleconomy.foreignpolicyblogs.com/2009/05/09/the-rise-of-state-sponsored-capitalism/” target=”_blank”>I’ve written about frequently here in my Global Markets blog — namely the Chinese state’s spin on capitalism. Though there were many critics early on — and still are in many quarters — who argued that China’s state-managed version of capitalism was unsustainable, it seems the long-term sustainability of so-called ‘State Capitalism‘ has been proven, and is even gathering steam in unlikely places — India, Cuba, Vietnam and the Middle-East to name a few — with great success. It’s a trend that Western financial centers should be attuned to, nor should it be dismissed as the global financial architecture continues to evolve following the global financial crisis.

Two articles have been sitting on my desk for weeks now and I’ve spent a number of afternoons mulling over what to write about them.  The first Doing God’s Work from the Wall Street Journal takes another look at the success of Islamic finance funds and ask how well they are fairing & whether they […]