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Islamic home-buyers in the UK are set to have more options as the Islamic mortgage market becomes more competitive with Gatehouse Bank announcing new home purchase financing plans on the heels of a record GBP100 million (US$130.53 million) in lending completed last year. To support its growth plans, Gatehouse also announced expansion of its underwriting…
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Cryptocurrencies have a “dead cat bounce” this week with strong rally over past seven days. Time to jump in, not? We also discuss FANG stocks which have brought the bear to the Nasdaq market. Time to watch Apple and Facebook, the later down 42% and rumours of a Facebook crypto resurface. …
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Digitalization is reshaping economic activity, shrinking the role of cash, and spurring new digital forms of money. Central banks have been pondering whether and how to adapt. One possibility is central bank digital currency (CBDC)—a widely accessible digital form of fiat money that could be legal tender. While several central banks have studied the adoption…