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...
Ahmed Guessoum, Imam of the Cannes mosque in France, denounces the planned closure of the mosque on the French Riviera. This was after France’s interior minister ordered its doors to be shut because of anti-Semitic remarks made there. Imam Guessoum says that the person being accused today is the former director who does not live [&helli...
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...
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...
