Islamic banks seen shifting more to equity financing (Business Times (Malaysia)) ISLAMIC banks are expected to move more deeply into riskier, equity-based financing as they seek alternatives to controversial debt mechanisms like the tawarruq, a prominent syariah scholar said yesterday. Syariah banks have been reluctant to adopt equity models like the mudaraba to avoid taking on more risk, but there is growing pressure for the industry to reduce its reliance on debt ... Read More...
Saudi Arabia?s Mortgage Law to May Double Market Size, NCB Says (Bloomberg) Feb. 8 (Bloomberg) -- Saudi Arabian property market may double in size by 2015 if a planned mortgage law is put into effect, NCB Capital said. ?A timely implementation of the mortgage law would further support a sustained take-off in the real estate space,? chief economist Jarmo Kotilaine said in an e-mailed report today. Read More...
.2b worth of Islamic bonds sold (Straits Times) JAKARTA - INDONESIA has sold more than US0 million (S.2 billion) worth of Islamic bonds to domestic retail investors, three-times more than its target, officials said on Monday. Read More...
LATEST ARTICLES
Buying Islamic Clothing Online
People's clothing is typically influenced by the culture, climate, available resources and materials and traditions, which would include the individual's social status, religion and group identity. Islamic clothing that Muslim men and women wear usually varies depending on the culture that they are from.
Islam mentions people to wear clothing, which is modest in appearance and behavior. Islamic clothing that is available for men and women today Read More...
As France Burns Islamic World Wants Peace?
Many liberals will tell you that we are stirring up a hornet’s nest in the Middle East and need to quit the war in Iraq and that the Islamic World wants peace. They will tell you that we should not torture the murderers Islamic Radical International Terrorists. That it is our fault that they bomb trains, ferries and hotels and kill innocent people? They say all the want is peace?
Well as far as peace is concerned I had some friends peacefully en Read More...
Ill Pass On The Sharia Law Thanks
Some Muslim taxi drivers operating out of Minneapolis-St Paul international airport have been refusing service to passengers who are transporting alcohol. Passengers with dogs (in most instances service dogs), have also been refused on the grounds that dogs are considered "unclean" under Islamic law.
A flight attendant, Eva Buzek, tried to get a cab after a flight from France. She was carrying wine purchased en-route and was refused a ride by fi Read More...