finance

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Is there such thing as an ethical finance system? Proponents of Islamic finance believe so. Image from www.shutterstock.com

Can Islamic finance provide salvation for the banking sector?

By Jikon Lai, University of Melbourne

Islamic finance has grown and expanded rapidly in recent years. It was recently announced that, following in the footsteps of some of its European neighbours, Germany will soon have its first Islamic bank…
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Mexico’s Agustin Carstens is expected to lose out to France’s Christine Lagarde. AAP

A lost opportunity for IMF reform?

By Georgia Lysaght

The International Monetary Fund executive board will complete interviews of the two leading candidates to replace Dominique Strauss-Kahn this week, with the aim of picking a new managing director by June…

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