self-reliance

UAE opens its first retail sukuk to ordinary savers

The UAE Ministry of Finance has opened subscriptions for its first Sovereign Retail T-Sukuk, letting individual citizens and residents buy government-backed, Shariah-compliant paper directly, with returns around 4.3% and listing on Nasdaq Dubai. Sovereign sukuk are usually an institutional market — banks and funds trading in large denominations while ordinary

News

Islamic tech startups: an ecosystem in the making

Surveys of the Muslim-world technology scene, including Salaam Gateway's work with DinarStandard on its Top 30 Digital Islamic Economy startups, describe an ecosystem that is still assembling its own parts. The founders are visible across fintech, travel, modest fashion, media and halal food tech; what has lagged is

The IsDB opens 2026 with a $1bn sukuk — and central banks bought half of it

The Islamic Development Bank opened its 2026 funding year with a one-billion-dollar benchmark sukuk, its first issuance of the year. What matters is less the headline figure than who bought it: central banks and official institutions took close to half the order book. That is the signal of a market

self-reliance

Fitch projects growth in Nigeria's non-interest finance and sukuk through 2026

Fitch Ratings expects Nigeria's non-interest finance sector to keep expanding through 2026, and the reason it gives is institutional rather than cyclical: a wave of regulatory reform and new liquidity tools from the Central Bank of Nigeria (CBN) designed specifically for non-interest financial institutions. The growth, in other

Self-Reliance: Islamic Finance

Are the Muslims Right about Debt?

The Quran denounces riba in the most categorical terms. The term riba is synonymous with the traditional concept of usury, and in modern terms, generally means interest, i.e. exploitative interest on debt, especially to the poor. Generally, it excludes commercial discounting on current trade — which is not usury or

Self-Reliance: Economics

Guess who is Progressive on Women? Vatican or Al-Azhar?

From the archive (2013): Al-Azhar versus the Vatican on women’s rights — checking institutions against their reputations, empirically.

Self-Reliance: Economics

Robert Fisk: Bankers are the dictators of the West

Robert Fisk, Saturday, 10 December 2011 http://www.independent.co.uk/opinion/commentators/fisk/robert-fisk-bankers-are-the-dictators-of-the-west-6275084.html# Writing from the very region that produces more clichés per square foot than any other “story” – the Middle East – I should perhaps pause before I say I have never read so much garbage, so

Self-Reliance: Economics

Lessons from Greek Financial Woes

From the archive (2011): Greece’s lessons — debt is sovereignty on a schedule; institutions that can’t collect can’t protect. True for communities too.

Self-Reliance: Technology

Cyber War: Big Brother Lashing Out

From the archive (2010): on cyber operations and official duplicity, written when the vocabulary was new — the case for technical literacy and owned infrastructure.

Self-Reliance: Economics

Conspiracy Theory vs Academic Naiveté

From the archive (2010): between conspiracy theory and academic naivety — follow the money, with evidence; structured scepticism as a teachable skill.

Self-Reliance: Economics

Business Risk: Risk Hedging, De-regulation and Segmentation

From the archive (2009): the crisis and healthcare read through one mechanism — who carries risk. Risk allocation is institutional design.

Self-Reliance: Technology

Government-wide Licenses: a Good Idea?

From the archive (2009): one vendor for a whole government — a procurement question that is now the AI question for whole societies.

Self-Reliance: Economics

US Stimulus Bill - a clear shift

From the archive (2009): the stimulus read as experiment, not allegiance — hypothesis, scale, result; the habit of mind is the asset.

Self-Reliance: Economics

A tale of two countries: Senegal and Botswana

courtesy: Reuters Two relatively prosperous African countries: one with an HIV infection rate of 1.4% and the other with 37%. Read on: **DAKAR (AlertNet) **- Senegal is a poor country, yet its HIV rate is one of the lowest in sub-Saharan Africa, as a result of early, bold and

Self-Reliance: Economics

Report on on Pakistan's Economy

4.2pc reduction in poverty, claims Economic Survey Per capita income $652; GDP growth 6.4pc; defence spending Rs 180bn; base year changed from 1980-81 to 1999-2000 By Nadeem Malik ISLAMABAD: The Economic Survey 2003-04, declaring all is well, claims 4.2 per cent reduction in poverty, 652 dollars per

Self-Reliance: Technology

Arabic, Urdu and Farsi Localization of Open-Source Software

From the archive (2002): the call to localise open-source software into Arabic, Urdu, and Farsi — an argument that now applies verbatim to open AI models.

Self-Reliance: Economics

Foreign Investors Turning Cautious on Spending in U.S.

From the archive (2002): foreign capital cooling on the US — capital flows as sentiment with a settlement date, and the case for foundations that don’t depend on them.

Self-Reliance: Technology

MS Windows, the FBI and Open Source

A 2002 QeRN piece on the FBI's 'Magic Lantern', Windows backdoors and open source — an early version of what is now the AI-sovereignty argument.

Self-Reliance: Economics

Picket Outside The Waldorf , Barbara Garson

The WEF (World Economic Forum is meeting at the Waldorf in New York from Jan 31 to Feb 5. Barbara Garson adds some perspective on why some decisions made there will force other people to drink unhealthy water. I own shares in a few companies that are members of the

Self-Reliance: Technology

Debian Operating System

From the archive (2002): recommending Debian — community-governed software a community can read and trust. The logic now extends to open AI.

Self-Reliance: Economics

Friends and Foes? new relationship between US and China

From the archive (2001): an original QeRN essay on US–China relations, written as 9/11 redirected the world’s attention — the trajectory read before it was obvious.

Self-Reliance: Economics

The new U.S. - a Nation of Simpletons and Criminals?

A far cry from the bravery of the “terrorists” of the Boston Tea Party, Americans are increasingly casting doubts on their inability to raise the mental level of their population. However, experts say that the recent financial strength of the country was most recently due to the GREAT DOTCOM SCAM