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Faiaz Saif

Israeli Shekel Falls to 8-year Lows Admist War with Hamas

Israeli Shekel Falls to 8-year Lows Admist War with Hamas

The Bank of Israel have announced it will sell $30 billion of foreign currency to maintain stability, which on Monday, was able to do so. Israel Foreign Exchange reserves was measured at 198.4 USD in August 2023. Israel has also secured funding from the US after Biden pledges '

UK's four biggest banks see $80bn fall in deposits

UK's four biggest banks see $80bn fall in deposits

This downward trend is primarily attributed to customers seeking better interest rates, rising household costs, and early repayment of loans by mortgage holders. Could this encourage Muslims to shift to Shariah alternatives?

Separating Market Mania from Company Fundamentals

Separating Market Mania from Company Fundamentals

Beware of Confusing Market Sentiment with Company Fundamentals. Many investors make the mistake of interpreting stock price changes as direct reflections of their companies' performance, whether positively or negatively. However, this perception does not align with reality.

GCC Central Banks Mirror US with 0.25 Percent Interest Rate Increase

GCC Central Banks Mirror US with 0.25 Percent Interest Rate Increase

On Wednesday, central banks in the Middle East (Saudi Arabia, UAE, Qatar, Bahrain) replicated the Fed's interest rate increase of 25 basis points to protect their currencie's peg against the US dollar says Ziad Daoud from Bloomberg.

The Middle East's 10 Biggest Sovereign Wealth Funds Surpass $3.8 Trillion In Assets

The Middle East's 10 Biggest Sovereign Wealth Funds Surpass $3.8 Trillion In Assets

Sovereign Wealth Funds (SWFs) are state-owned investment vehicles designed to manage and invest a country's surplus wealth. These are the Middle East's ten biggest SWF's.

Embracing Islamic Finance: A Harmonious Blend of Ethics and Economics

Embracing Islamic Finance: A Harmonious Blend of Ethics and Economics

In a world where economic systems often face scrutiny for their ethical implications, Islamic finance emerges as a compelling alternative that combines financial prosperity with moral principles.