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These offshore international banking centers can often offer banking terms that are very attractive to investors world wide. Nation specific banks are often restrained by domestic legislation in pursuit of an economic policy objective; offshore international banking centers are much less restrained by these types of governmental interference, and because of this can sometimes offer more attractive interest rates to their investors. Offshore international banking centers are also widely used as tax shelters, both legal, and illegal, by savvy international investors. Offshore international banking centers will not automatically deduct the tax payments off of interest accrued, something that many domestic banks are mandated by law to do. This benefit offered by offshore international banks is very attractive to international investors, and can compound the value of your investment much more quickly. Offshore international banking centers will also insulate investors from the political or economic instability of any particular region. These offshore international banking centers operate in response to the global economy, and will not be influenced by local circumstances. This offshore international banking advantage can be very attractive to investors concerned about possible losses through economic uncertainty. Offshore international banking centers may be right for you. Speak with your financial advisor or accountant familiar with offshore international banking about how these banking centers might meet your financial needs. |

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Banking on Sharia Principles - Islamic Banking and the Financial Industry
By Linda Eagle
There are an estimated 1.61 billion Muslims worldwide, making Islamic banking one of the fastest growing segments of the financial industry. Banks serving the Islamic population must comply with several very specific principles of Islamic law if they hope to retain existing customers and attract new ones. Banks must be ready with specialized products and services and they must put programs in place to train their personnel to support these products and services in order to exist in this competitive marketplace.
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Overview of Zimbabwean Banking Sector (Part One)
By Dr Tawafadza A. Makoni
Entrepreneurs build their business within the context of an environment which they sometimes may not be able to control. The robustness of an entrepreneurial venture is tried and tested by the vicissitudes of the environment. Within the environment are forces that may serve as great opportunities or menacing threats to the survival of the entrepreneurial venture. Entrepreneurs need to understand the environment within which they operate so as to exploit emerging opportunities and mitigate against potential threats. This article serves to create an understanding of the forces at play and their effect on banking entrepreneurs in Zimbabwe.
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