Islamic banking grows 10 to 15% annually: IF chairman...
By P.K. ABDUL GHAFOUR | ARAB NEWS STAFF Published: Apr 22, 2012 01:27 Updated: Apr 23, 2012 21:50 JEDDAH: Islamic banking and finance, with total assets of $1.4 trillion and more than 1,000 institutions operating in many countries worldwide is all set for a big take off, says Professor Khurshid Ahmad, chairman of the Islamic Foundation UK and the Institute of Policy Studies in Pakistan and author of several books on the topic. Speaking to Arab News after giving a lecture on “Global economic crisis and the role of Islamic Economics” at the Islamic Development Bank headquarters here, Ahmad said Islamic banking and finance makes an annual growth of 10 to 15 percent when conventional banks make less than one percent....
Cardinal Dolan on Brookfield Mosque: Muslims Deserve Worship Space...
April 29, 2012, by Ted Perry, updated on: 11:06am, April 30, 2012 New York Cardinal Timothy Dolan supported the Islamic Society of Milwaukee’s efforts to build a new mosque, telling Fox6now.com’s Ted Perry that Muslims deserve spaces to worship. In Milwaukee to celebrate a Mass of Thanksgiving at Holy Hill Saturday, Dolan sat down for a one-on-one interview with Perry that touched on a variety of issues, including a question on the Brookfield mosque. Perry said some have said they object to the proposed mosque construction due to zoning and traffic issues, while others are opposed to Islam. “What do you say to those who say they are Christians but have no tolerance for another religion?” Perry asked. “Yeah, I’m uncomfortable with...
Those Defending US Constitution from Sharia Must Have Failed High School Civics...
LOS ANGELES AND PORTLAND, ORE. There are those who would have you believe that Islamic law, or sharia, is taking over America. They seem to allege that the 1 percent of the American population that is Muslim is on the verge of a total takeover of the United States, and if Americans are not vigilant, soon we’ll all be stoning adulterers and chopping off the hands of thieves. Take Rep. Allen West (R) of Florida, who recently alleged that, “there is an infiltration of the shariapractice into all of our operating systems in our country as well as across Western civilization. So we must be willing to recognize that enemy.” If that kind of hyperbolic statement sounds ludicrous, it’s because it...
US, Canadian imams issue fatwa against honor killings...
Over 30 American imams signed a fatwa Saturday condemning honor killings, after a Canada court convicted Afghan immigrants for murdering four female relatives accused of damaging the family’s reputation. “There is no justification for honor killings, domestic violence and misogyny in Islam,” according to the religious order issued by the Islamic Supreme Council of Canada (ISCC) and signed by 34 imams from Canada and the United States. Such violence, including spousal abuse and child abuse in all forms, is “forbidden,” it said. “The relationship between the husband and wife is based upon mutual love and kindness.” Imam Syed Soharwardy, the ISCC’s founder, said the group put out the fatwa “because of the Shafia trial, because it has...
A Conversation With: Maulana Wahiduddin Khan About the Salman Rushdie Affair...
Following the controversy over author Salman Rushdie’s appearance at the Jaipur Literature Festival, which ultimately ended with even a video conference with Mr. Rushdie being cancelled, India Ink is speaking with Muslim leaders about the situation, their feelings about his “The Satanic Verses” and whether politics played a part. Maulana Wahiduddin Khan is the founder of the Center for Peace and Spirituality, New Delhi. He has received the Padma Bhushan, the third highest civilian honor in India, and the Demiurgus Peace International Award. Malavika Vyawahare spoke to him this week at his home in New Delhi. Q. What is your reaction to the protests against Salman Rushdie’s participation in the Jaipur Literature Festival? A. These protests...
A Comparative Glance at Constitutional History of British U.S & Medinan Islamic Constitution...
[youtube]http://www.youtube.com/watch?v=AA17Ooz3iRQ[/youtube]...
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