Sukuk issuance surged Tuesday by 36% year-on-year to hit $252.3 billion in 2021, according to Fitch Ratings. A sukuk is an Islamic financial certificate, similar to a bond in Western finance, that complies with Islamic religious law, or sharia. Central banks, governments, and multilateral institutions dominated sukuk issuances, the global rati...
Aviation regulators briefly halted flights from U.S. airports on the West Coast as a precaution Monday, after North Korea launched a high-speed missile test. The ground stop paused departures from an unspecified number of airports for less than 15 minutes. North Korea’s hypersonic missile flew at nearly 10 times the speed of sound into waters ...
Pakistan has finalized a $63 million education package for Afghan students and plans to establish a university campus in Kabul, Afghanistan’s capital, a senior official said on Monday. The Ministry of Education and Professional Training package “includes 3,000 scholarships, free training with stipends for 5,000 Afghan nationals. It also...
In August 2021, Afghan taxi driver Hamid Safi found a two-month old boy alone in Kabul airport, amid the chaos of the US troop withdrawal. He and his wife took the baby in and cared for him, as a social media campaign to find the family was under way. Now, seven-month-old Sohail Ahmadi has been […]
Three Supreme Court justices in India are launching an investigation into threats by some Hindu extremists against the Muslim minority in the northern state of Uttarakhand. The announcement came after Anjana Prakash, a retired Supreme Court justice, filed a petition. The incendiary remarks were reportedly made at a Hindu Religious Parliament l...
