Nigerian Economic Recession: An Islamic Perspective

An Analysis of Nigerian Recession

Over the years, Nigeria depends on crude oil proceeds as the major source of national income, foreign exchange and external reserves. This dependence coupled with the huge cost of running and maintaining the political structure among other factors prove disastrous by leading the economy to the worst recession in decades. We therefore, chronicle the origin, effects and way out of the recession v...

Benefiting from the economic recession? A supply chain perspective

This paper demonstrates that firms and consumers may mutually benefit from the economic recession if the supply chain structure is explicitly taken into consideration. The model characteristics include consumer heterogeneity, intra-channel mis-coordination, and strategic interactions in this upstream-downstream relationship. The analysis reveals the possibility of Pareto improvement along the s...

Economic recession and mental health: an overview.

Effects of the current global economic downturn on population mental health will emerge in the years ahead. Judging from earlier experience of financial crises in various parts of the world, stresses associated with rising unemployment, poverty and social insecurity will lead to upward trends in many national suicide rates, as well as to less readily charted increase in the prevalence of psychi...

End of Life-Decisions: An Islamic Perspective

E-Commerce from an Islamic perspective

Whilst E-Commerce is spreading world-wide, many Muslims are wondering whether this new form of commerce is acceptable from the Syariah (Islamic Law) point of view. Thus, this research paper is meant to study the Islamic perspectives in e-commerce, particularly in its transaction, as well as the rights of the producers and customers. Issues on the legality of E-Commerce in Islam are examined to ...