Why Islamic banking is taking off

A century ago, when depositors lost confidence in a bank, they’d rush to withdraw their cash. In 1971, US president Richard Milhous Nixon faced a similar dilemma. But his problem wasn’t ordinary citizens fearing for their savings. Instead, it was America’s closest allies who were ...  Show more

Priscilla Wakefield was a Quaker, writer and social reformer who believed financial security shouldn’t be reserved for the wealthy. Living in late 18th- and early 19th-century England, she founded the country’s first penny savings bank, giving working women and children a safe pl ...  Show more

Send us Fan MailEpisode 7 of Money Majlis explores the future of cashless banking in UAE with Jan Pilbauer, CEO of Al Etihad Payments.How will Aani, the new national P2P payment system, change the financial landscape of UAE? What will Jaywan, the new domestic card scheme, achieve ...  Show more

For a conscientious Muslim, managing ones money in the West can be a difficult prospect. Islam has a series of rules to do with money, the prohibition of riba (interest) being the key one, and rules on trade that often places it at odds with a rather laissez faire Neo liberal mod ...  Show more

Send us Fan MailIn Episode 10 of Money Majlis, the founder CEO of Marcus, the digital bank of Goldman Sachs, is in a scintillating conversation with Suvo Sarkar about the guiding principles for starting a new bank, the clash of cultures between old and new and forging successful ...  Show more

Today, Jack speaks with two veteran bankers about bank lending, a key engine of the real economy, and where it is headed. John Toohig, Head of Whole Loan Trading at Raymond James, and Randy Woodward, managing director at Raymond James, join Forward Guidance to share how the rapid ...  Show more