Saudi Arabia said it has completed the issuance of a new Islamic sukuk sale to help finance its budget deficit as the kingdom accelerates borrowing despite rising oil prices.
RIYADH: Saudi Arabia gathered officials from 40 Muslim countries on Sunday in the first meeting of an Islamic counter-terrorism alliance, a move Crown Prince...
Chinese government in the northwestern Muslim-majority region of Xinjiang has banned parents from giving their children dozens of Islamic names, as part of an ongoing crackdown on...
The Taliban faction behind a massacre at a university in northwest Pakistan this week issued a video message Friday vowing to target schools throughout the country, calling them "nurseries" for people who challenge Gods law.
THE HAGUE: Outspoken far-right Dutch politician Geert Wilders Monday called for all Islamic male refugees to be locked up in their asylum centres, saying women needed to be protected on the streets.
SIALKOT: The counter-terrorism department claimed to have busted a cell of global terror outfit – Islamic State – in Sialkot and arrested eight suspects as well as seizing weapons, explosives and other gadgets to be used for terrorism activities.
SYDNEY: The Australian government's focus on national security and the war on terror to tackle Islamic extremism, rather than social cohesion and inclusion, has helped create an environment for radicalised Muslim youth to emerge in disproportionate numbers, experts say.
RIYADH: The Arab Petroleum Investments Corporation (APICORP) said Monday it has established a $3-billion Islamic sukuk programme to diversify its sources of funding and enhance links to global investors.
JAKARTA/ISLAMABAD: The make-up of Islamic banks' loan books is changing in Pakistan and Indonesia with the growing use of profit-sharing contracts that could help Islamic finance win more customers in the two largest Muslim-majority countries.
DUBAI: The Islamic finance system faces several key challenges if it is to unlock its huge potential and develop safely, the International Monetary Fund said on Monday.
ISLAMABAD: The Securities and Exchange Commission of Pakistan has established an Islamic Finance Department to regulate and develop the Islamic financial market.
CAIRO, Egypt: Leading Islamic authority Al-Azhar urged Muslims to "ignore" the publication of a new Prophet Mohamed (P.B.U.H) caricature by French magazine Charlie Hebdo Wednesday, saying his stature was too lofty to be harmed by cartoons.
ISLAMABAD: State Bank of Pakistan (SBP) is launching a second phase of a mass media campaign designed to raise awareness and acceptance of Islamic finance among consumers in the world's second most populous Muslim country.
WASHINGTON: The United States and its allies targeted Islamic State forces in 27 air strikes in Iraq and Syria in a 24-hour period, the Combined Joint Task Force said on Monday.
ISLAMABAD: The Pakistani Taliban hit out at teenage education activist Malala Yousafzai over her Nobel peace prize on Friday, slamming her as a "soldier against Islamic society".
DOHA, Qatar: Leaders of energy-rich Gulf monarchies meet on Tuesday to hammer out a common strategy to fight the threat from Islamic extremism and plunging oil prices.
SANAA: An American, a Briton and a South African were among several hostages Yemeni forces sought to free from al Qaeda this week, the defense ministry said on its website, describing a raid that a U.S. defense official said also involved U.S. special forces.