Lessons to be Learned ... A brief explanation of the origins of the 2007-2008 financial crisis. Subverting the Islamic Ban on Usury Article from the Financial Times, 14 July 2006 Holding Back the Tide An interview by Nadine Marroushi Boom, Bust. Crunch Is there an Islamic alternative to the boom bust economy? People First Economics Converting to Islamic economics Counting the Cost Discussion with Professor Jem Bendell on Al Jazeera The Islamic Mortgage A brief analysis of the various types of Islamic mortgage ... Information for Muslim Investors Some important points for Muslims to consider when deciding how to invest. Fractional Reserve Banking Commercial banks create money out of nothing and then lend it at interest. As a result, most societies live in debt while the banks grow rich and powerful ... Islamic Banking isn't Islamic They tell you it's "Islamic" ... but is it really? Second Thoughts on Sukuk Letter to the Financial Times on Mufti Taqi Usmani's critique of Islamic bond issues (unpublished). A Discussion With Professor Siddiqi The text of an email dialogue with Professor Nejatullah Siddiqi on the subject of Islamic banking and commodity money Islamic Derivatives? Key issues, from someone who used be a derivatives dealer ... The Lizard Hole Our occasional comic strip The Problem With Interest Preface to the 3rd Edition Questions for the Scholars An extensive discussion of the problems inherent in the current approach to "Islamic" banking and finance. Fortune Favours the Bankers How much profit are the banks making compared to other industries? A Debate on Money All the key issues from a lengthy on-line debate ... Speculation Speculation involves wealth transfer, not wealth creation ... Discounting and Pollution Interest encourages commercial practices that are destroying our environment ... About interest-based money The consequences for our economic and social life of the interest-based financial system ... The Other Kind of Terrorism Five million African children die every year because of economic terrorism. That's one 9/11 every five hours. Entropy and Interest The contradiction between physical wealth that rots to nothing, and loans at interest that grow towards infinity ... Step by Step you shall Follow Them Just like the Jews and the Christians, the Muslims are making usury halal ... Don't Mention the Reserve Ratio The ECB is forcing Europe to use interest-based money ... A Soil of Our Own A strategy for Islamizing Islamic banking and finance Travelling the Wrong Road Patiently Fundamental re-evaluations are needed if Islamic banking is to be of benefit to the Muslim world The Great Islamic Mortgage Caper? If you want to buy a house with an Islamic mortgage, what are the options, and what are the consequences? Bank Lending and Property Prices How lending practices shape the performance of the residential property sector ... Viability of the Islamic Dinar The transition to, and implications of, a monetary system based on gold Return of the Dark Ages Fighting the financial establishment ... Shaken to the Foundations A shallow adoption of Islamic contractual structures does not address the injustices of interest-based home finance ... A Discussion on Current Accounts One small point in Islamic law that has enormous implications for the permissibility of fractional reserve banking in Islam ...