Author: Jordan

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When Miftah Ismail wrote “How Islamic is Islamic Banking?” he was doing something many in practice and academia rarely do. He said publicly what most of us say privately. While the differences between an Islamic bank and a conventional bank may still exist in name in both Pakistan and Bangladesh, the actual distinction has become largely semantic.If the profit on a Murabaha or Musharakah facility is tied to the central bank’s policy rate to the basis point, if the financier has no real downside in case the client’s project fails, and if depositors earn less than they would as conventional…

Lewisville, Texas — Upper Trinity Regional Water District, a leading provider of high-quality water and wastewater treatment services in North Texas, is proud to announce that all four of its water reclamation facilities have been honored with another consecutive year of the Platinum Peak Performance Award from National Association of Clean Water Agencies in recognition of their outstanding treatment performance and consecutive years of 100% compliance with environmental permit requirements. – Lakeview WRP (Lake Dallas): Platinum 27 Years – Peninsula WRP (Aubrey): Platinum 22 Years – Riverbend WRP (Paloma Creek): Platinum 18 Years – Doe Branch WRP: Platinum 10…

In Bolwell & Anor v NWC Finance Pty Ltd & Ors [2024] VSC 30, the Supreme Court of Victoria clarified that a lawyer will not be a “controller” of property within the meaning of section 9 of the Corporations Act 2001 (Cth) (the Act) simply because it was retained to act for a mortgagee exercising their power of sale. This judgment provides comfort to lawyers as it confirms that they will not assume the obligations of a “controller” under the Act solely by reason of them acting in connection with the sale of real property in an insolvency context. The…

Business THE Nigerian Exchange Ltd. All-Share Index and Market Capitalisation appreciated by 0.88 per cent to close the week at 244,738.74 and N156.970 trillion respectively. This is compared with the previous week’s 242,593.31 and N155.594 trillion. Consequently, investors gained N1.376 trillion in market value during the week, as market capitalisation rose from N155.594 trillion to N156.970 trillion. Similarly, all other indices finished higher with the exception of NGX Pension, NGX AFR Bank Value, NGX MERI Growth, NGX MERI Value, NGX Consumer Goods, NGX Lotus II, NGX Industrial Goods, NGX Sovereign Bond and NGX Commodity. These depreciated by 0.03 per cent,…

Private capital managers kept pulling talent from across finance and beyond this week. New hires arrived from places including a Canadian public pension, a U.S. state treasurer’s office, a sell-side research desk, a global bank, and an NFL front office. Notable hires among GPs came at Apollo, Beach Point, and Harrison Street. On the LP […] Source link

8:01 AM, 15th May 2026, 4 weeks ago UK Finance data reveals that 8,960 buy to let mortgages were in arrears in the first quarter, a fall of 6% on the previous quarter and 24% lower than a year ago. Arrears now account for 0.47% of all BTL mortgages. Possessions moved the other way with 810 BTL mortgaged properties were taken into possession during the quarter, up 5% on Q4 2025 but unchanged year-on-year. James Tatch, the head of analytics at UK Finance, said: “The number of mortgages in arrears continues to fall for both residential and buy to let…

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard. Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences. At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000. Do the math. According to Musk, this technology could be worth $250 trillion by 2040. Put another way, that’s roughly equal to:…

Juggling several loans while ensuring all EMIs are paid on schedule may give the impression that your finances are in good shape. However, the more important question is whether your income and savings still provide enough flexibility to handle unexpected situations.Many borrowers reach a stage where they begin to feel financially constrained despite never missing a repayment. The challenge is determining whether this pressure is a normal part of managing debt or a warning sign that obligations are becoming excessive.The key issue is not simply whether EMIs are being paid on time. Instead, it is whether your overall financial framework…

Palantir Technologies(NASDAQ: PLTR) was among the biggest early winners of the artificial intelligence (AI) boom. Customers rushed to the company for its AI-driven software platform, and this helped supercharge Palantir’s revenue growth. Investors rewarded this performance by piling into the stock, and that pushed it to a gain of more than 700% over three years.But recent times haven’t been as easy for Palantir, at least from a stock performance perspective. While earnings growth and demand remain strong, the stock price hasn’t followed. Instead, Palantir has fallen, heading for a loss of 26% so far this year.Will AI create the world’s…