When we talk about offshore financial companies, the term conjures up an image of huge, shadowy financial monoliths investing funds without any transparency. These types of companies also exist. e.g. many mutual funds and hedge funds whose investors prefer ‘foreign country’ investments.....
Sharia is Islamic law - the principles by which Muslim men and women live their lives. Islamic banking is a banking system that its consistent with Sharia, and the idea was formed in response to the obvious divergence of many Western banks with these ethical principles. Islamic banks have grown in both number and popularity worldwide since the first one opened its doors in Dubai in 1975. Now Hong Kong will soon have its first Islamic bank, operated by a Malaysian company known as Hong Leong Bank. Islamic banking creates a number of different opportunities in corporate financial planning, not the least of which is that fact that Sharia prohibits usury (the collection and payment of interest), and as such can often be a cheaper option for companies.....
If you look at your bank account and wonder where all the money went, or swore you paid a bill and now you are told you are past due, you may have a budget problem or no budget at all. ....
When we hear the words “offshore savings account,” the first thing we think of is movies where the blackmailer tells the blackmailed that they have to wire transfer so much money into an offshore account. Then again, a bank robber may hack into the bank’s mainframe and wire transfer the money into an untraceable offshore account so that he can live high and mighty on a yacht for the rest of his life. No matter what scenario comes to mind, we automatically perceive an offshore account to be something for criminals, making it an evil type of banking.....
More and more people are now clamouring aboard the former trails emblazoned by the seasoned investors. Money advice, tips and strategies abound. Get rich. Save for your retirement. Make a million to retire on. Pay off your home in only 5 or 8 years. Financial freedom. Live your own lifestyle. Buy a boat and sail the Pacific. Fantasies come true.....
Nearly everyone in the country is of the opinion that the economy has taken a turn for the worse. While the actual numbers don’t necessarily support this assumption, the effects of public opinion are readily apparent and self-actualizing. High gas prices, high food prices, high unemployment, low wages and a plethora of other factors have all combined to make us feel the economic pinch, whether it’s warranted or not.....
The security ranging term of convertible bond is between 25 ....
An asset protection trust is an arrangement for the holding and administration of property under which property or legal rights are vested by the owner of the property (the Settlor) in a person or persons (the Trustees).....
The falling dollar is a big concern for all of us, it started with the mortgage crisis a year ago then moved to the real estate market. Then oil started climbing its way up and now the whole economy is in a complete mess.....
What is the deal with the instant long term care insurance quotes that are all over the net. Lets take a closer.....