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IMF's Outlook on Middle Eastern Economies
10/28/2008, Updated 247 Days, 10 Hours ago

Report Sees Environment Challenges in Arab Nations
10/28/2008, Updated 247 Days, 10 Hours ago

Call for New Islamic Investment Banks - Such Institutions Need of the Hour
10/28/2008, Updated 247 Days, 10 Hours ago

Shari'a Investors not Immune from Global Equity Market Turbulence
10/28/2008, Updated 247 Days, 10 Hours ago

US studying features of Islamic banking
10/28/2008, Updated 247 Days, 10 Hours ago

Key Gas Countries Agree to Establish Joint Group
10/28/2008, Updated 247 Days, 10 Hours ago

Middle East Human Resources Strategies 'Imperative'
10/28/2008, Updated 247 Days, 10 Hours ago

Saudi King: Global Economic Crisis is Invisible Economic War
10/28/2008, Updated 247 Days, 10 Hours ago
 

 
10/28/2008
Umer Chapra The Islamic finance system, which introduces greater discipline into the economy and links credit expansion to the growth of the real economy, is capable of minimizing the severity and frequency of financial crises, says Umer Chapra, a well-known Saudi economist and winner of the King Faisal International Prize for Islamic Studies. “Islamic finance can also reduce the...
 


 
08/07/2008

The Editor will be on vacation through August 20. The Memri Economic Blog will be updated upon his return.