Abu Dhabi and Jakarta implemented their free-trade agreement this month, harboring important implications for the Gulf nation. The UAE economy is about one-fifth the size of Indonesia. The...
Islamic Wealth
Western perceptions of the Islam world can be peculiar, with views of the Middle East rooted in terrorist concerns and thoughts of Southeast Asia tied to palm oil or tourism. Developments in finance, let alone Islamic banking, seldom percolate to the surface, nor do considerations of technology innovation. The ummah is far less homogeneous than international news would suggest. Definitions of wealth extend beyond commodity-based income at the national level to the role of spiritual issues in everyday affairs.
We are intrigued by news out of Malaysia that the local asset-management arm of Nomura is now rolling out its Global Shariah Sustainable Equity Fund. Given...
Tucson, Arizona is a city with a population of about 550,000, perhaps best known as home for the University of Arizona. It is also home to Al Basha Grocery, a...