Tag: Islamic

‘Islamic smart phone’ launched

An Indian company has launched an ‘Islamic smart phone’, featuring a full copy of the Koran, a GPS application which points to Mecca and...

Islamic agricultural and rural finance to bring green revolution

In the wake of the current financial crisis coupled with the global food shortage the need for improving village economy through enhanced output has...

Islamic Foundations

In Pakistan, one can find a list of formal foundations like Sultana foundation, Shaheen foundation, Al Khidmat foundation, Al Hudah foundation, Hamdard foundation, Shaheed...

Islamic Foundations: a new financial model

Many keen observers of Islamic banking & finance are not satisfied with the current “banking” based model of Islamic financial intermediation and hence suggest...

Islamic Banking

I pray that your recommendations are considered and implemented by policy makers in Pakistan. We need to keep building Islamic Banking as a real...

Malaysian Islamic party protests Elton John show

Members of an opposition Islamic party have called on Muslim-majority Malaysia to ban next month’s concert by Elton John, saying Tuesday that the gay...

Dubai Islamic Bank to open 25 new branches in Pakistan

Dubai Islamic Bank Pakistan Limited (DIBPL) will open 25 new branches in various cities of Pakistan by next year. DIBPL President and CEO Junaid...

Islamic banking as a policy tool

Recent trends in economical and financial situation of different countries, where economies based on conventional banking systems are facing a lot of problems and...

Islamic banking as a policy tool

Now that Islamic banking and finance is a trillion dollar industry (US$ 1.14 trillion according to the Global Islamic Finance Report 2011), the ability...

Dubai Islamic Bank win AKUH T20 Ramadan Cricket

The Sports & Rehabilitation Centre Agha Khan University Hospital (AKUH) Manager Riaz Akber Contractor successfully managed to organise the seventh AKUH T20 Ramadan Cricket...

HEC to help Islamic countries develop quality assurance system

A two-day session of the Islamic Conference of Ministers of Higher Education and Scientific Research was held in Riyadh, Saudi Arabia. It was attended...

Transition towards Islamic banking

The conventional banks in Pakistan are switching towards ever-flourishing Islamic banking which, most of the industry managers agree, has a bright future in this...

Islamic banking novelties

There is a famous idiom ‘to put old wine in a new bottle’, which means presenting an old item in a new way. Though...

Islamic Relief taking care of orphan children

Islamic Relief Pakistan’s Child Welfare Programme (CWP) has been carrying out One to One (OTO) Orphans Sponsorship Programme in both rural and urban areas...

Islamic party protests turn violent across Bangladesh

Street marches by members of Bangladesh’s biggest Islamic party seeking the release of its leaders from jail turned violent across the country on Monday,...

New Libyan leaders pledge ‘moderate’ Islamic rule

Libya’s new leaders pledged “moderate” Islamic rule even as their fighters were accused by Amnesty International on Tuesday of committing possible war crimes. A...

Libyan new leaders pledge ‘moderate’ Islamic rule

Libya's new leaders pledged "moderate" Islamic rule even as their fighters were accused of committing war crimes and a defiant Muammer Gaddafi vowed from...