Wednesday, May 30, 2007

Global peace index

This is another important indicator of a country's competitiveness level internationally. Can you find the best ranked Islamic country?

Monday, May 28, 2007

Sovereign-wealth funds

Many Asian countries are now flushed with foreign exchange reserves. These bulks of money are looking for places that could yield good return. Government-investment vehicle now actively involves in domestic and international financial markets. This creates internationalization of companies all over the world.

Moreover, the torrent of money is alarmingly growing exponentially every hour under the interest-based economy. How far this is sustainable?

Saturday, May 26, 2007

Advising leaders

The ethic to advise leader by Dr Mohd Asri Zainal Abidin

Thinking in term of more debts

The financial market is getting complicated. Nonetheless, the trend is moving towards severely indebted economy. Hence, risk management through various forms of financial maneuvering is considered to be vital for a 'mature' financial market.

The simple guidepost is for any deeply indebted economy, the final destiny is bankruptcy.

Thursday, May 24, 2007

Invest Islamically

Portfolio investment is part of the strategy on how we can build and create wealth. However, for Muslims, this must be done cautiously. I have discussed this in my latest book "Hidup Kaya Tanpa Riba'. I hope more Muslims will realize the importance of this issue.

Here is another example of how practical it can be.

Wednesday, May 23, 2007

WB, IMF and WTO; are they still relevant?

Few groups are benefiting from the establishment of these institutions. There are countries with vested interest behind these bodies.

Are they relevant anymore?
WTO panel to assess Argentinian request
Third World Network

Tuesday, May 22, 2007

Predator looking for food

Hedge funds find it is difficult to satisfy their glut - Hedge Funds Inc.

Saturday, May 19, 2007

We need mass media

If you control the mass media, you control the world - Story

Israiliyyat

Danger of israiliyyat

Friday, May 18, 2007

Tuesday, May 15, 2007

Poor gets poorer

In an interest-based economy, poor gets poorer - The Economics of the Poverty Business

Saturday, May 12, 2007

Protecting the environment

This is one element of the wider scope of balanced and sustainable growth promoted by Islam. Nonetheless, Muslims fail to put the noble teaching of Islam into practise. Read the column by Mohd Asri Zainal Abidin

Worldview revisited

Some thoughts by Syed Ali Tawfik al-Attas.

Friday, May 11, 2007

Example of rubbish

This book (How Religion Poisons Everything) is an example of rubbish. The man clearly lives in confusion.

Capitalism is far from promoting competition

Corporate mergers - the end of capitalism, the creation of global oligopoly in the making.

Thursday, May 10, 2007

Balanced growth

Balanced growth from conventional perspective still has some shortcomings.

Islamic perspective of growth takes into account progress and development that secure harmony relationship between man and God, man and other man and man with the environment.

Alternative measure of growth based on the above need to be established.

Currently, the capitalist economies have realized the need for green economy after so much damaged had been done. This is the main focus thus far in the system when they speak of balanced or sustainable development.