Category: Financial Intermediation

30.04.2015

Danial Pirani In modern times, interest is regarded as the base for the stability of an economy. Nearly all institutions are, in one way or the other, connected to the interest based transactions. Interest is considered as an incentive to […]

30.04.2015

Salman Ahmed Shaikh The financial crisis of 2007-2009 and ongoing sovereign debt crisis in Europe has challenged the conventional wisdom. Massive levels of debt and consumption beyond means and speedy financial innovation with lax regulation has put major economies in […]