Global financial crises are reasons and ways to avoid them

Right at the beginning of the nineties of the previous century , the world has begun to witness agreat deal of financial crises .Mang politicians and businessmen panic stricken the financial crisis is defines as an unexpected and unpredictable event that makes the economy as a whole fragile . it is accompanied by asharp decline of the national currency ,the foreign currency reserves ,and agreat expansion in the volume of foreign loans which leaves the financial system of the state unable to fulfill its fundamental tasks . Financial Grises however , have many reasons ,the most essential of which are the emergence of offer economies versus the demand economy ,the bad financial policies .the multiplicity ,the deterioration of governmental supervision , and the increasing interest on loas . Mang thinkers and researchers find out that resorting to the holy Quran and applying its regulations heips in avoiding the financial Grises especial if we take the fact that the Islamic banks were the least affected banks from the global financial Grises in to consideration . .