The Islamic Finance system is complex, but a nonexclusive list of some of its tools includes: Musharakah: This word literally means, "sharing", and int he business context it means a joint enterprise in which all partners share in the profits and losses.[22] This entity naturally developed out of the riba prohibition, and proponents argue that it is more equitable than the interest model.[23] For instance, in the interest model, if the debtor suffers a loss, a fixed rate… [read post]

(Zhiwei Tong, PIX (c) Larry Catá Backer)From 2012, this site introduced the thought of Zhiwei Tong (童之伟), one of the most innovative scholars of constitutional law in China. [read post]

Here is IP Think Tank’s weekly selection of top intellectual property news breaking in the blogosphere and internet. [read post]

If you buy something—a refrigerator, a car, a tractor, a wheelchair, or a phone—but you can't have the information or parts to fix or modify it, is it really yours? [read post]