Introduction

The Shia Ismaili Muslims are a community of ethnically and culturally diverse peoples living in over 25 countries around the world, united in their allegiance to His Highness Prince Karim Aga Khan (known to the Ismailis as Mawlana Hazar Imam) as the 49th hereditary Imam (spiritual leader), and direct descendant of Prophet Muhammad (peace be upon him and his family).

 

Articles related to: Economy

In the face of a bleak economy, Jamati institutions in France provide a boost to job hunters and budding entrepreneurs

The Mayor of Argenteuil, Philippe Doucet, and the Deputy Mayor take part in the opening of a new business by two Ismaili families, who received advice and support through a programme organised by the Aga Khan Economic Planning Board for France. Photo: Courtesy of the Ismaili Council for France

A global economic downturn is hitting hard in many parts of the world, making it difficult to find jobs and risky to invest in new business opportunities. But in France, the Aga Khan Economic Planning Board has been on a mission to improve employability and enhance professional opportunities for the Jamat, and its early efforts have met success.

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Climate change and the race to a low-carbon future offer challenges and opportunites

 Photo: NASA Goddard Space Flight Center

There is near universal scientific consensus that the loading of the atmosphere with greenhouse gases is causing increased global warming and associated climate change, argues Abyd Karmali. Fortunately, he notes, several countries are putting in place policies to reduce their greenhouse gas emissions, which are resulting substantial new economic opportunities.

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Economic opportunities in Bangladesh attract interest from the Jamat abroad

A busy street in Bangladesh’s capital city. Photo: Ayeleen Ajanee Saleh

Decades ago, Bangladesh was home to a thriving Jamat. Ismailis were active in key industries including jute, textiles, steel, aluminum, leather, construction, and food processing, as well as trading, banking, insurance and hotels. Today, the country is re-emerging as an area of economic interest to both the Jamat and the wider international community.

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Navigating towards a better tomorrow together

AKEPB Chairman, Dr Rafiq Dossani, addressed the conference on the recent economic downturn via video link. Photo: Courtesy of the Ismaili Council for the USA

With the economic downturn taking its toll across the United States, professionals, businesspersons, and recent graduates focused on upgrading their knowledge and networking skills at the Regional Ismaili Business Conference held in Dallas earlier this year.

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A changing climate: Exploring the social impact of global warming

The panellists engage in discussion. From left to right: Dan Smith, Lord Adair Turner, Camilla Toulmin, Dr Salim Sumar. Photo: Abdul Khakoo

In February, an eminent panel convened in London as part of the Ismaili Centre Lecture Series to discuss global warming and its impact on the developing world. The panel turned its attention to the social impact of climate change, particularly in the developing world.

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Economic trends in Europe: Seeing risks as opportunities

 Photo: Piotr Bizior

Uncertainty always signals a need for caution. But spectacular payoffs, writes Professor Alnoor Bhimani, can also accrue from the opportunities that are presented by uncertainty.

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Ismaili business alliances in India

Ismaili-owned bakeries such as this one in Hyderabad, have joined alliances to benefit from working together. Photo: Rafik Khimani

Ismaili-owned retail businesses in India are forming alliances in order to remain competitive in a growing economy. In November 2007, various Ismaili alliances gathered in Hyderabad to share best practices and strengthen their partnerships.

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Rethinking savings strategies

 Photo: Sufi Nawaz

The transformation of demographic trends in the European Union have led to a reshaping of the economic environment as well.  In light of these changes, members of the European Jamat need to re-evaluate their savings strategies and career choices in order to ensure financial security.

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