#Islamic Finance

2 articles tagged with this topic

◈ ExplanationAdvancedGovernment & Fiscal Policy › Fiscal Policy

Saudi Arabia: Government Structure — Absolute Monarchy, the PIF Leviathan, and SAMA's Currency Peg

Delve into the dual-track governance structure of Saudi Arabia, examining the absolute monarchy of the House of Saud, the advisory Shura Council, SAMA's defense of the dollar peg, the hyperactive PIF, its non-tax fiscal architecture, and Islamic banking principles.

11m·👁 0
◈ ExplanationAdvancedGovernment & Fiscal Policy › Fiscal Policy

Brunei — The Sultanate Where Citizens Pay Zero Tax and Get Free Everything

An analysis of the Malay Islamic Monarchy's rentier economy, the absence of personal income tax, and the challenges of a post-oil future.

2m·👁 16