Access to halal mortgages, which provide interest-free housing loans, has been growing in the US.
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Articles on Interest
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The interest your bank pays you is a reward for letting it use your money.
The central bank is ‘really in risk management mode,’ its chairman said.
Feel like you’re drowning in debt? Owing money can sometimes be challenging, but not all debts should keep you awake at night.
Shariah law informs financial contracts and credit systems, and the growth of Islamic financing options provides an alternative to current debt-based banking systems.
The lawmakers have proposed capping interest rates on consumer loans at 15%, but doing so may hurt some of the people it’s aiming to protect.
A closer look into the latest financial numbers of South Africa’s state power utility, Eskom, suggest that it may be in a more vulnerable position than appreciated.
Top contributors
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Consulting Economist; and Senior Research Fellow University of Johannesburg, University of Johannesburg
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Professor of Economics, University of Nebraska Omaha
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Associate Professor of Finance, RMIT University
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Vice Dean and Associate Professor in Economics, University of East London
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Associate Professor of Law, Georgetown University
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Professor, Anthropology, University of Victoria
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Assistant Professor & Director of the Muslim Philanthropy Initiative, Indiana University
