|
IsDB issued its debut green Sukuk in 2019 raising €1 billion which is committed to projects in renewable energy, clean transportation, energy efficiency, pollution prevention and control,…
|
|
To demonstrate its commitments to climate action, the IsDB approved its first Climate Change Policy in February 2019. The policy emphasizes mainstreaming climate action in all the Bank’s…
|
|
Islamic banks and conventional banks have different characteristics. One of the distinguished elements is the relationship between the bank and the customer. In an Islamic bank, the relationship…
|
|
In 1995, Islami Bank Bangladesh Limited (IBBL) introduced the Rural Development Scheme. The Scheme was developed by converting the microcredit program into an Islamic microfinance program for the…
|
|
The evidence shows that Islamic banking withstood the shocks of the global financial crisis much better than its conventional counterpart. For the financial system stability, there is a need to…
|
|
The Islamic financial sector financing infrastructure projects would comply with its ideological standing as these projects are real assets and benefit the community at large.
Even though Islamic…
|
|
Akhuwat was founded in 2001 with the vision of creating and nurturing a poverty-free society to be built on the principles of compassion and equity, and to support the underprivileged members of the…
|
|
The Islamic finance sector have experienced substantial growth in recent years. Today, more than 500 Islamic banking and finance institutions are operating worldwide, which are claimed to manage…
|
|
Over the last forty years, the Islamic finance industry has advanced from a niche market to a global sector. The institutional development of Islamic banking has followed three phases: the emergence…
|
|
This chapter overviews investments in oil, gas and mining projects. It includes a comparison of private and state ventures. Sources of income include: cash from existing projects and retained…
|
|
In this chapter, Professor Sachs discusses international trade and how it is affected by the exchange rate, which is in turn affected by financial flows and the differences of interest rates at home…
|
|
This chapter focuses on stabilization, which is the reduction of inflation to a very low level, and explains the tools to understand stabilization. These tools include stabilizing the exchange rate,…
|
|
Even with the reforms that were introduced in the Great Depression and afterward, bank panics can happen again. This chapter provides a comprehensive overview of the 2008 financial crisis, which…
|
|
This chapter focuses on what is behind a currency crisis, which is when the exchange rate depreciates and the local currency loses values. There are three types of models that explain the reason for…
|
|
This chapter discusses monetary policy, and focuses on the difference between fixed and floating exchange rates. It begins by explaining the role that a central bank plays in maintaining its exchange…
|
|
In this chapter, Professor Larraín covers the different forms of exchanging arrangements and some real-world cases of collapsing exchanging arrangements, or currency crises. A common case of…
|