Accountability: When the grotesque becomes a burlesque

Politicians pooh-pooh-ed the criticism when banking licences were handed out left, right and centre. The argument was a strong one in an economy where the majority were unbanked. But with little or any restrictions on loan beneficiaries and such (it wouldn't do to restrict banking in a free-market economy) the...

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Justice Murshed, a true patriot

With the passage of time, another birth anniversary day of perhaps one of the most distinguished departed sons of the country, has come once again. This person is not only remembered and revered but among the most distinguished in the annals of our national history. He is none other than...

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Islamic banking: Meeting the global standard

In Islamic banks, depositors who deposit for sharing profit or loss with banks are known as IAHs (investment account holders). The IAHs typically expect their funds to be managed and invested in such a way that will ensure returns on their funds that are comparable to the returns paid by...

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