Given the socioeconomic utility of a owning a house (being a consumption and investment asset at the same time), mortgage finance and markets has always remained a matter of interest for the policy maker. With the Global financial crisis claiming its roots in the subprime lending, wherein the...

Islam hinders Growth – the discriminately pervasive & inconsistently articulated, nevertheless frequently tested contention of Max Weber, a leading thinker in the western religious anthropology. A nonchalant review warrants contextualization of Weber's work, his claim in the backdrop of his...

The efficiency of a financial intermediation system is assessed by its ability to achieve allocative efficiency, asset transformation and the subsequent economic development. In case of an Islamic Banking and Finance as an alternate financial intermediation system adherence to the injunction of...