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What Is Islamic Finance And How Does It Work?

Global Finance

Islamic banking has also proven resilience in turbulent economic times. By prohibiting speculation and leveraging risk-sharing mechanisms, Islamic banks have demonstrated their ability to withstand crises, sometimes better than the conventional sector, a strength particularly relevant for investors in today’s uncertain economic climate.

Finance 116
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Data-Driven Policy Decisions: Q&A With Philippines Central Bank Governor Eli Remolona

Global Finance

Remolona talks about the country’s early decision on cutting rates, its credit growth, and its pursuit of sustainable economic development. Global Finance : What is the Philippines economic growth outlook for 2024-25? Bank lending has consistently grown to support economic activities without compromising credit quality.

Banking 111
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You’re Living in a World Wrought by Central Banks. Notice Anything Wrong?

CFO News Room

In an interview with Lynn Parramore of the Institute for New Economic Thinking, Nomi Prins takes up and extends the argument that she has made over a series of books, that central bankers are ever-more administering policies that are good for the markets but very bad for the real economy and real people. economy and Wall Street.

Banking 100
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China Has Strongest Economic Quarter In 18 Months

PYMNTS

The slowdown of China’s economic growth has had markets concerned, but new data suggests the nation could be on its way to reversing the trent. percent GDP annual growth rate. The nation is also in the midst of increasing corporate debt , reports said, with overall indebtedness nearing 300 percent.

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The evolving banking landscape: insights for CFOs in Asia

Future CFO

Challenges and opportunities Sandeep Sethi , CEO of Sustainable Solutions Consulting, underscores several pressing challenges facing banks that directly impact CFOs: Economic uncertainty : Fluctuating interest rates and macroeconomic volatility affect clients financial health, prompting CFOs to seek proactive strategies from their banking partners.

Banking 52
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Moody’s: Chinese shadow banking assets will retreat further

Future CFO

Authorities' strict monitoring of local governments' leverage and contingent liabilities has also quickened the trust outflow from the infrastructure sector, the firm added. The gap between credit growth and economic growth continued to narrow as nominal GDP growth also slowed, the firm predicted. in the third quarter of 2021.

Banking 52
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China's shadow financing system faces rising asset impairment

Future CFO

As a result of the expected prioritising of economic stability over deleveraging by the Chinese government this year, the clampdown on shadow banking will ease as the authorities look to stave off a potential wave of defaults associated with the pandemic and its fallout, the rating agency noted in a statement. . “We China growth to slow to 0.7%

Finance 52