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New climate finances

THE climate summit in the UAE had a dramatic start: the Loss and Damage Fund (LDF) was established, a pledge to replenish the Green Climate Fund (GCF) was made, and…

Islamic finance for climate

THE 27th Conference of Parties to the United Nations Framework Convention on Climate Change, or COP 27, took place in Sharm El Sheikh, Egypt, last month. Against the backdrop of…

De-globalisation?

WITH the fall of the Berlin Wall in 1989 and the demise of the Soviet Union in 1991, a new concept of globalisation entered the world’s political consciousness. The Cold…

Capital suggestion: Future of finance

The estimated total market capitalization of all the stock exchanges in the world is approximately $110 trillion. The largest exchanges, such as the New York Stock Exchange (NYSE) and NASDAQ,…

Global conflicts, economic uncertainties

2024 emerged as a comparatively optimistic period in contrast to the challenging preceding years marked by Covid-19 pandemic. In its aftermath, global economy faced significant upheavals, with numerous businesses shutting…