‘Cross pollinating’ Islamic finance in GCC, Malaysia

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‘Cross pollinating’ Islamic finance in GCC, Malaysia(0)

Continuous effort - not strength or intelligence - is the key to unlocking our potential. - Winston Churchill

How many Malaysian Islamic bankers work in senior positions at Islamic financial institutions in the GCC (Gulf Cooperation Council), Pakistan and the UK? Conversely, how many non-Malaysians work in senior positions at Malaysian Islamic financial institutions?

Does the training and experience in Malaysia for Islamic finance somehow imply that it’s too Malaysia-centric (Shafi school) for GCC (Hanbali, Hanafi, Jafri schools) Islamic financial institutions? Does it somehow imply that there needs to be a “retraining” of Malaysian Islamic bankers to the GCC “way” of Islamic banking, finance and takaful?
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IMF Comment: Will Inflation In Saudi Return to 2008 Levels?(0)

With the ongoing rebound in economic activity, a question that emerges is whether inflation will increase again as it did in 2007–08 when the annual increase in consumer prices peaked at 11.1 percent in July 2008. Many of the drivers of inflation then are also present now, including higher food prices, depreciation of the nominal effective exchange rate, expansion of credit, and rising government spending.
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S&P negative outlook on U.S. credit is a mixed bag for Middle East(0)

Ratings agencies have an uncanny knack of turning up at morgues and pronouncing the death of the deceased, so it should have been no surprise that Standard & Poor’s did the ‘unthinkable’ and downgraded the United States’ long-term outlook to negative from stable. Read More Here

Recycling Petrodollars To Curb Inflation In Emerging Markets(1)

While oil inflation fears in emerging markets are warranted, these risks are being mitigated as Gulf oil-exporting states buy emerging market products and services as part of their fiscal spending spree.

Inflation monster rearing its head again(1)

The global inflation monster that is looming over the horizon could hurt the good work done by Saudi authorities over the past few years. Read More

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