Headlines
  • Iran's president and security chief met with senior officials from Saudi Arabia, Pakistan, and Turkey, which comprise newly formed Mecca Alliance, in Tehran.
  • Sheik Tamim bin Hamad Al Thani, the emir of Qatar, and Iranian President Masoud Pezeshkian are scheduled to meet with Russian President Vladimir Putin on Tuesday in Moscow.
  • The coalition led by Saudi Arabia that backs Yemen's internationally recognized government has launched airstrikes against Houthi-held areas of the country, including Sanaa, the capital.
  • Israeli forces have raided Hebron, locked down the whole occupied West Bank, and killed at least five Palestinians in Gaza, including a seven-year-old girl.
  • After finding that suspects connected to the deadly church bombing last week were hiding in southern Syria, Jordan said late on Monday that its air force had attacked military hideouts there.
  • Over the dismissal of Maurene Comey, the daughter of former FBI Director James Comey, from the Manhattan U.S. attorney's office, a federal judge in New York ruled against President Donald Trump and the Justice Department on Monday.

Tag: Islamic Bank

January 4, 2019

Islamic Banking Grows in Africa Amid...

Islamic-style banking is on the rise worldwide, showing especially strong growth in Africa recently, according to the rating agency Moody’s

October 24, 2018

Islamic Banking Grows in Africa Amid...

Islamic-style banking is on the rise worldwide, showing especially strong growth in Africa recently, according to the rating agency Moody’s. This type of banking system doesn’t charge or pay interest, uses physical assets to underpin transactions, and does not invest in so-called “sin” industries like alcohol, pork and gambling. In South Africa, the continent’s financial …

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