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'Low' legal risk to LGPS over sharia law compliance - Local Government Chronicle

newsblur - Thu, 2024-04-11 10:35
IslamicFinance shared this story from "sharia compliant" - Google News. 'Low' legal risk to LGPS over sharia law compliance  Local Government Chronicle

In praise of fractional reserve banking

newsblur - Tue, 2024-04-09 09:16
IslamicFinance shared this story from Mohammed Amin - 20 newest items. Fractional reserve banking enables banks to create money out of nowhere, as if by magic. That applies for both conventional banks and Islamic banks. It has long been attacked from both the far left and the far right of the political spectrum. However fractional reserve banking helps the economy to grow, which is why almost all countries practice it.
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