If you have a lot of money and don’t want to spend it for a certain period of time, you can make use of annuities and let your assets grow. Annuities can also be attractive when getting ready for retirement. They provide you with the potential for tax-deferred growth and an opportunity to take part in …
Next month Afghanistan plans to ask the international community for a half a billion dollars in order to start working on a “new Kabul”. As was announced by President Hamid Karzai’s chief economic adviser, the northern area of Afghanistan’s chaotic capital will be turned into a modern city with an electric tram system and a …
The Islamic Bank of Asia (IB Asia) has noticed an increase in interest from investors for Islamic finance. Two board members of IB Asia, Shariah, Shaikh Nizam Yaqouby and Dr. Mohammed Daud Bakar, say that they believe changes in the global investment climate drive the demand for Islamic banking. In such a situation, the …
