Our Views

We've divided our material into three categories: Commentary, News, and Presentations. For information on republishing or distributing our materials, please contact us via our inquiry form or email us at info@codexacapital.com.

Commentary

• Islamic Banks: Front and Center
  • Douglas Clark Johnson, January 2009
  • As a newly declared finance major in college, I recall my Money & Banking professor proclaiming on the first day of class, “Don’t ever forget that our banking system is most fundamentally based on confidence”... [to read more, click here].
  • Download PDF [159k]
• China: Alone in Its Confidence
  • Douglas Clark Johnson, January 2009
  • One reason why China works is that it has lots of cash. At maybe $2 trillion, its central-bank reserves—the world’s biggest—are staggering. This means that the US-China bilateral relationship may well prove to be the most important anywhere over the years ahead... [to read more, click here].
  • Download PDF [187k]

News

• “Conquering Fear to Take Advantage of Opportunity”
  • Business Islamica, May 2009
  • Fear is a powerful emotion, especially when there is no sense of individual control. Perhaps the best way to conquer that fear is to keep focused on key lessons from previous downturns. For sure, this may be the worst recession in our generation, but we can still learn from past experience.
  • Download PDF [405k]
• “New Directions in Islamic Finance”
  • Islamic Finance News, April 19, 2009 (starting on page 3)
  • Experts have urged the Islamic finance industry to seek new areas of business to develop its portfolio and increase earnings in the current challenging economic environment. What new areas should be considered, what impact will they have on the Islamic finance industry in general and what contribution will they make to the global financial stability?
  • Download PDF [237k]
• “Overcoming Aerophobia: Where the Islamic finance sector stands in the current climate”
  • Islamic Finance in Practice, Winter 2009
  • Bad economies, of course, are not necessarily bad markets. Investment gains presumably anticipate economic growth, based on relatively more positive demand expectations and business confidence. While no one seems prepared to be anticipatory nowadays, we can still find straightforward ways to put cash to work.
  • Download PDF [296k]

Presentations

• Beyond the Suitcase Banker
  • May 2009
  • Presented by Douglas Clark Johnson to the International Bar Association Conference on the Globalization of Investment Funds, Bermuda.
  • Download PDF [337kb]
• Land of Yes: Assessing Turbulent Times
  • November 2008
  • Presented by Douglas Clark Johnson to the World Islamic Banking Conference, Bahrain.
  • Download PDF [129kb]