3 docs tagged with "Risk"

Islamic Banking does not abolish interest — it understands it correctly. What the prohibition of Riba forbids is money without consideration continuity, not rupture.

LiquiPool is the simplest entry point into OiC.OS — a shared liquidity pool for a supply chain. Today each company along a chain (supplier, manufacturer, trader) keeps its own credit and liquidity facility with its own bank, and each pays for risk that is priced in isolation. LiquiPool lets several companies join into one common facility managed by a pool agent. Because the aggregated demand is diversified and the negotiating volume is larger, the bank offers better terms; the pool agent draws on a merit order — the cheapest still-available facility first, only as much as needed — and the savings are distributed fairly among the members (Shapley).

Marx was wrong with his answer to the important question: "Where does profit come from?"