Day: May 4, 2023

Cryptocurrency mining has been a lucrative business, attracting many investors and enthusiasts around the world. However, the mining process requires a significant amount of energy consumption, leading to concerns about its environmental impact. Recently, there has been a proposal to impose a 30% climate change tax on cryptocurrency mining to mitigate the industry’s contribution to […]

The United States is Facing a Critical Financial Predicament The United States is facing a critical financial predicament that could result in default within the next month, according to the US Treasury. The nation’s debt ceiling, which was set at $31.4 trillion in January, has already been reached, necessitating the urgent need for a debt […]

1. Introduction Islam is not just a religion but a way of life that covers all aspects of human life, including finance and economics. The Qur’an and Sunnah have provided guidelines for economic activities, and Islamic finance is based on ethical and moral values. One of the most important aspects of Islamic finance is the […]

Introduction The gold industry is currently experiencing a surge in activity, with many major players looking to expand their operations through mergers and acquisitions. One such deal that has captured the attention of industry experts is the proposed takeover bid by Newcrest Mining for Newmont, which would be the biggest deal in gold mining history […]

The banking system is an integral part of modern society, facilitating financial transactions, providing loans and investments, and supporting the economy. However, financial institutions can experience crises that threaten their stability and impact the wider economy. One such crisis is a bank run, which occurs when depositors lose confidence in a bank and demand to […]