Unaccounted for leakages

It takes a lot for one to go back into the sophomore, idealistic, capitalist-bashing mode, especially when one is amongst many running the race...

Oil politics in changing times

Obama’s presidency found Washington’s long-time foe Castro at his least potent. Yet, having outlasted the Eisenhower, Kennedy, Johnson, Nixon, Ford, Carter, Reagan, Bush Sr,...

Islamic banking novelties

There is a famous idiom ‘to put old wine in a new bottle’, which means presenting an old item in a new way. Though...

Balancing labour and innovation

The world of today is evolving very fast and with it humans feel the urge to keep up with the speed of change. Technology...

The unsavoury grocery trip

I remember my mother used to say, “Eat a good meal first and then go to the grocery store”. I learnt the sagacity of...

Committee schemes and shari’a

Islam unambiguously prohibits gambling. All acts of betting, wager and gaming fall under prohibited gambling. The prohibited gambling is an agreement between two (or...

A tale of capital gains and profit

A slew of factors, both international and domestic not to mention profit-taking after a number of bullish sessions, turned the stock market bearish on...

Permission marketing

Email marketing is at once a boon and a bane. All the advancements that email marketing has gone through in the last ten years...

The urbanisation phenomenon

Urbanisation is destined to play a significant role in the development of any nation. One major signal of economic and social prosperity in a...

Cities with sparkling souls

It was the time when the subcontinent had cities with special distinctions that told them apart from other cities in the region. The Moghuls...

Development abhors corruption

A few years ago it would be no great insight to proclaim that countries with liberal democracy are wealthier than non-democracies. However, recent events...

The exchange rate examined

Amidst the revelation of the true face of the global crisis, soaring apprehensions on the ground are rooted in finding out what one’s deemed...

Draining ourselves to finance an empire

Dear USA, I stand here alone, amidst the deafening sounds of blasts which tear through the limbs and pierce through the hearts of my...

Dengue and Big Business

Triple Helix is a concept which has become quite popular in innovation studies and relates to the idea of new and value-creating partnerships between...

The inevitable fall of euro and the EU

Those who are hoping for a more optimistic outlook of the global economic future should probably not read on. According to a report released...

Prohibition of trading in debt

Dominant shari'a opinion prohibits selling debt for a price other than its face value. This prohibition covers both discounts and premiums in the sale/purchase...

The global inflation bomb

The global economy is still deep in uncertainty over not just whether or when a recovery will take place but more importantly there is...