Civil war and the Decline of Tourism in Lebanon

By Pamkhuila Shaiza on June 20, 2016 1 Comment

Before the Civil War (1975-1990) Lebanon was a peaceful region that enjoyed calm and renowned prosperity in terms of economy and socio-political system. The economy in the pre-Lebanese civil war was driven by agriculture, banking, and most importantly tourism. Based on its stability and prosperity, its capital “Beirut” was the center of tourism in Asia […]

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Introduction of Islamic Banking in India

By Pamkhuila Shaiza on June 17, 2016 2 Comments

Over the past many years, several initiatives have been undertaken by the Indian government and Reserve Bank of India (RBI) to introduce Islamic banking in India. In 2010 and after 34 years, Indian Prime Minister visited Saudi Arabia, which is one of the major investor in Islamic banking (Kumar 2016). Similarly the recent visit of Indian Prime […]