• Directory Journal

Banking

It’s tax time again. As freelancers, April 15th one of four big days we need to pay attention to from a business perspective. Why four? Because unlike our corporate counterparts, freelancers need to pay estimated taxes on a [...]

It’s no secret that the U.S. economy is in bad shape. The housing bubble burst. The stock market crashed. People lost a lot of their retirement savings. The federal government has been bailing out big industries like [...]

As the need for a strong foundation for our financial affairs increases, private banking is looked at as a great option. Private banking is relationship banking with a professional advisor to take care of the banking, investment and [...]

Even in the business world, what goes up sometimes comes down, and if the company is big, the sound of the fall is louder and clearer. Chapter 11 bankruptcies in the United States have been many. Chapter 11 [...]

Islamic Banking

by Hasan on June 29, 2007 · 1 comment

in Banking

Islamic banking follows Islamic laws and principles, primarily the tenet that interest must not be paid or collected and that profits and losses are shared. There are two other rules that come to play in Islamic banking. First, [...]

Interest Free Banking

by Hasan on June 25, 2007 · 8 comments

in Banking

“Interest Free Banking” is a fundamental concept derived from the Islamic form of banking. It operates with the primitive professional and ethical standards that exclude the “Muslims” from paying or receiving any kind of interest. This certainly does [...]