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What is Financial Management?

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Have you ever wondered what financial management is? And is it as crucial as people say? If yes, then you need to read this. Financial management is a huge requirement in the modern world, which is a primary reason why...

What are money market mutual funds?

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Money market funds are types of debt mutual funds that invest in money market securities like short-term debt instruments, cash, and cash equivalents with a maturity period of up to a year. These low-risk funds are ideal for short-term...

How Does Shariah Compliance Work?

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In his Budget Speech on Wednesday, 25 February 2009, Financial Secretary John Tsang devoted a whole paragraph, number 46 to be exact, to Islamic finance's continued development in Hong Kong. To quote: "To consolidate Hong Kong's position as an international...