Mushtak Parker

Mushtak Parker

It is 10 years in August 2017 (the 9th to be precise) that the world sleepwalked into the most pernicious global financial crisis since the Great Depression in 1930, with the developed world still reeling from a credit crunch, a Eurozone debt crisis and the effects of recession. Has the world learned the lessons of the crisis? Are there any oversights that have been overlooked? Is the global financial system fit for purpose? Is there a danger of such a crisis happening again?..............................Download the full article in pdf attachment (below)

 

 

 

 

 

 

Tuesday, 01 August 2017 11:00

Innovative China joins the fray

Who would have thought that two Chinese corporates with serious mainland connections would be spearheading capital market innovation in Malaysia’s ringgit market, notching up a number of notable firsts in the process? Their entry into the sukuk market with debut issuances, coincidentally last Thursday, marks a new milestone in the five decades of the contemporary Islamic finance industry..............................Download the full article in pdf attachment (below)

 

 

 

 

 

 

Wednesday, 05 July 2017 16:00

A foreign policy faux pas

It is like an Arabian version of Monopoly, the board game that turns players into make-belief realty billionaires or losers, minus the demands, blockades, expulsions and menace of a turf war. The houses up for grabs are the Houses of Saud, Al Nahayan, Maktoum, Qasimi, Thani, Sabah, Khalifa and Qaboos.............................Download the full article in pdf attachment (below)

 

 

 

 

 

 

THE International Monetary Fund (IMF), especially under its current managing director, Christine Lagarde, has been a proactive supporter of Islamic banking, and, together with the World Bank, has declared it a priority for its operations in countries with Islamic banking. In a recent report titled “Ensuring Financial Stability in Countries with Islamic Banking”, IMF economists have thrown down the gauntlet to its board with a plan of action that, if approved, would have game-changing implications for the regulation and development of the industry, thus further promoting its stability and soundness............................Download the full article in pdf attachment (below)

 

 

 

 

 

Tuesday, 28 March 2017 11:00

Shared values and risk sharing

COOPERATION and trust-building are the core of socio-economic progress in any society, and sharing-based financial contracts contribute to promote these features. Whether the gamut of new alternatives in the sharing economy, including fintech, crowdfunding and P2P (peer-to-peer) lending pan out to be systemically successful in the medium term, and how they maintain effectively their sustainability and relevance by creating shared values through risk-sharing, only time will tell...........................Download the full article in pdf attachment (below)

 

 

 

Monday, 09 January 2017 11:46

Terrorism - A universal phenomenon

Yet another New Year was born with the spectre of mindless terrorism. The slaughter of innocents amounted to a staggering 180 deaths in 30 recorded terrorist incidents in the first week of the month. These included suicide bombings, assassinations, mass killings by lone gunmen, and ambushes inter alia in Iraq, Turkey, Bahrain, Syria, Afghanistan, Algeria, Burundi, Pakistan, Iraq, Somalia, Egypt, Yemen, Central African Republic, the Philippines, Nigeria and the United States......................Download the full article in pdf attachment (below)