MY SAY: Consider the Islamic financial option

The global economic system continues to be plagued by a loss of confidence as markets worldwide plunge further, some hitting their lowest level in recent times. Meanwhile, the risk of deflation and recession is becoming real again. Japan's recessionhit economy is reportedly worsening, as is...

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Main Author: Abd Razak, Dzulkifli
Format: Article
Language:English
Published: 2008
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Online Access:http://eprints.usm.my/32852/1/DZUL188.pdf
http://eprints.usm.my/32852/
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spelling my.usm.eprints.32852 http://eprints.usm.my/32852/ MY SAY: Consider the Islamic financial option Abd Razak, Dzulkifli HG Finance The global economic system continues to be plagued by a loss of confidence as markets worldwide plunge further, some hitting their lowest level in recent times. Meanwhile, the risk of deflation and recession is becoming real again. Japan's recessionhit economy is reportedly worsening, as is the US economy. These, predictably, will be followed by others in the coming months if nothing concrete happens soon. All this is too ironic as it was only in midSeptember that the then Republican presidential candidate, John McCain, announced: "The fundamentals of the economy are strong." Hours later, Lehman Brothers filed for bankruptcy — the largest in US history — and the Dow dropped 500 points, which only goes to show how volatile the situation is. 2008-12-01 Article PeerReviewed application/pdf en http://eprints.usm.my/32852/1/DZUL188.pdf Abd Razak, Dzulkifli (2008) MY SAY: Consider the Islamic financial option. The Edge.
institution Universiti Sains Malaysia
building Hamzah Sendut Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Sains Malaysia
content_source USM Institutional Repository
url_provider http://eprints.usm.my/
language English
topic HG Finance
spellingShingle HG Finance
Abd Razak, Dzulkifli
MY SAY: Consider the Islamic financial option
description The global economic system continues to be plagued by a loss of confidence as markets worldwide plunge further, some hitting their lowest level in recent times. Meanwhile, the risk of deflation and recession is becoming real again. Japan's recessionhit economy is reportedly worsening, as is the US economy. These, predictably, will be followed by others in the coming months if nothing concrete happens soon. All this is too ironic as it was only in midSeptember that the then Republican presidential candidate, John McCain, announced: "The fundamentals of the economy are strong." Hours later, Lehman Brothers filed for bankruptcy — the largest in US history — and the Dow dropped 500 points, which only goes to show how volatile the situation is.
format Article
author Abd Razak, Dzulkifli
author_facet Abd Razak, Dzulkifli
author_sort Abd Razak, Dzulkifli
title MY SAY: Consider the Islamic financial option
title_short MY SAY: Consider the Islamic financial option
title_full MY SAY: Consider the Islamic financial option
title_fullStr MY SAY: Consider the Islamic financial option
title_full_unstemmed MY SAY: Consider the Islamic financial option
title_sort my say: consider the islamic financial option
publishDate 2008
url http://eprints.usm.my/32852/1/DZUL188.pdf
http://eprints.usm.my/32852/
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