Small and medium scale enterprises (SMEs’) of the world

From large firms, the focus of business analysts has today shifted to Small and Medium scale Enterprises (SMEs’). The growing importance of SMEs’ has also been the result of increasing economic contribution. Statistics provide that SMEs’ account for more than 95% of enterprises across the world and they provide approximately 60% of the private sector employment […]

 

Islamic financial institutions

Islamic Finance remains a largely unknown concept even today in spite of being into existence since more than six decades now. The concept of Islamic finance has its roots from Islamic countries since the 1950’s and 1960’s. Kahf (2000) asserts that the roots of Islamic finance can be found in writings on Islamic economics dating back to […]