Global Halal, Islamic Finance News At Your Fingertips
WASHINGTON – A proposal in Seattle meant to increase homeownership among Muslims by offering financing compliant with strict Islamic law — known as Sharia — is gaining ground in the latest test for local leaders trying to accommodate diverse religious beliefs. “We will work to develop new tools for Muslims who are prevented from using …
Seattle Officials Join Push For Sharia-Compliant Mortgages, LoansRead More
“Muslims also like to enjoy the beach, make sandcastles and do all the things everyone wants to do,” says İqbal. Along with their four children, Iqbal and his wife Aishah from North London have spent a week in Adenya hotel, in the southern Turkish resort of Antalya. “We wanted to go somewhere Islamic, that had …
Halal Food Authority (HFA) certified products can now be exported to Malaysia again, after the Asian country stopped recognising the certifier due to the pork DNA scandal last year. In February 2013, pork DNA was found in products from a UK halal supplier, leading to Department of Islamic Development Malaysia (JAKIM) ceasing to recognise the …
Halal Food Authority (HFA) Mends Relations With MalaysiaRead More
Islamic economies are already a significant part of the global economy and are set to become even more important over the next decade. Contrary to popular belief, the Islamic economy is more than just Islamic finance and halal food. Early emphasis on halal finance and food is progressively transforming into broader commercial activities as users …
Islamic Economies Are Set To Spiral Over The Next DecadeRead More
IBS Sales League Table 2014 recognizes Path Solutions as the world’s premier provider of Sharia-compliant core banking systems Path Solutions , a global leader in Islamic banking software solutions and services, today announced that it has maintained its 1st place position in the IBS Islamic Core Banking Systems Sales League Table 2014, with Swiss-based Temenos …
Path Solutions is No. 1 Best Selling Islamic Software Provider Worldwide For Fifth YearRead More
6 Insurance Firms Eye Capturing Egypt’s Al-Nouran Sugar Policy With EGP2bn. Senior sources revealed that 6 insurance companies are competing to provide offers for Al-Nouran Sugar firm regarding its new factory’s policy in Sharkia governorate with EGP2 billion total insurance amounts. Previously, Bank Audi , Banque Misr, and Abu Dhabi Islamic Bank have finalized from …
6 Insurance Firms Eye Capturing Egypt’s Al-Nouran Sugar Policy With EGP2bnRead More
Education Minister Prince Khaled Al-Faisal on Thursday approved 5,700 new educational development projects worth SR54 billion. He said the new projects were aimed at creating a qualitative improvement in the country’s educational environment. The projects include 1,500 nurseries, 500 educational complexes, 800 large schools, 400 small schools and renovation of 2,500 school buildings. Prince Khaled …
