Author: islamnewsday

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PARIS – France’s government on Wednesday ordered the dissolution of extreme right and radical Muslim groups, four days before the first round of high-stakes legislative elections that may see a surge in support for political extremes.Snap national elections called by pro-business moderate President Emmanuel Macron have plunged the country into a hasty and disorderly electoral race. Immigration, France’s retirement age and taxes emerged as top points of contention as the prime minister and two potential challengers for his job held a televised debate Tuesday night.Interior Minister Gerald Darmanin announced Wednesday that the government ordered the dissolution of multiple extreme-right and…

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PARIS (AP) — France’s government on Wednesday ordered the dissolution of extreme right and radical Muslim groups, four days before the first round of high-stakes legislative elections that may see a surge in support for political extremes. Snap national elections called by pro-business moderate President Emmanuel Macron have plunged the country into a hasty and disorderly electoral race. Immigration, France’s retirement age and taxes emerged as top points of contention as the prime minister and two potential challengers for his job held a televised debate Tuesday night. Interior Minister Gerald Darmanin announced Wednesday that the government ordered the dissolution of…

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PARIS (AP) — France’s government on Wednesday ordered the dissolution of extreme right and radical Muslim groups, four days before the first round of high-stakes legislative elections that may see a surge in support for political extremes.Snap national elections called by pro-business moderate President Emmanuel Macron have plunged the country into a hasty and disorderly electoral race. Immigration, France’s retirement age and taxes emerged as top points of contention as the prime minister and two potential challengers for his job held a televised debate Tuesday night.Interior Minister Gerald Darmanin announced Wednesday that the government ordered the dissolution of multiple extreme-right…

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PARIS — France’s government on Wednesday ordered the dissolution of extreme right and radical Muslim groups, four days before the first round of high-stakes legislative elections that may see a surge in support for political extremes.Snap national elections called by pro-business moderate President Emmanuel Macron have plunged the country into a hasty and disorderly electoral race. Immigration, France’s retirement age and taxes emerged as top points of contention as the prime minister and two potential challengers for his job held a televised debate Tuesday night.Interior Minister Gerald Darmanin announced Wednesday that the government ordered the dissolution of multiple extreme-right and…

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RIYADH: Saudi Islamic banks are poised to maintain a robust performance this year and in 2025, buoyed by non-oil economic growth and favorable operating conditions, a new report stated.  According to Fitch Ratings, these banks leverage a substantial retail customer base which helps improve profitability, secure lower-cost funds, and maintain high-quality, diversified assets.  In the Kingdom, where all residential mortgages must comply with Islamic law, strong demand for Shariah-compliant financial products leads individuals to Islamic banks for mortgages and other services, thereby increasing deposits.  “In general, financing growth has outpaced lending over the past few years, supported by the requirement for…

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RIYADH: Saudi Islamic banks are poised to maintain a robust performance this year and in 2025, buoyed by non-oil economic growth and favorable operating conditions, a new report stated.  According to Fitch Ratings, these banks leverage a substantial retail customer base which helps improve profitability, secure lower-cost funds, and maintain high-quality, diversified assets.  In the Kingdom, where all residential mortgages must comply with Islamic law, strong demand for Shariah-compliant financial products leads individuals to Islamic banks for mortgages and other services, thereby increasing deposits.  “In general, financing growth has outpaced lending over the past few years, supported by the requirement for…

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After several complaints and a video that went viral, the police opened an investigation against the controversial leader Firdaus Wong. In a video that went viral on social media, he talks to a teacher giving instructions on how to make children pray and hide their conversion from their parents. Malaysian activist: the teacher’s behaviour is also contrary to the ‘relationship of trust’ with families.    Kuala Lumpur (AsiaNews) – The Malaysian police have opened an investigation against the famous and controversial Islamic preacher Firdaus Wong, who allegedly promoted a clandestine tutorial dedicated to teachers and religious leaders aimed at the…

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THE HAGUE, Netherlands (AP) — The International Criminal Court is delivering its verdict Wednesday in the trial of a suspect… THE HAGUE, Netherlands (AP) — The International Criminal Court is delivering its verdict Wednesday in the trial of a suspect accused of playing a key role in a reign of terror unleashed by al-Qaida-linked insurgents on the historic desert city of Timbuktu in northern Mali in 2012. Al Hassan Ag Abdoul Aziz Ag Mohamed Ag Mahmoud could face a maximum sentence of life imprisonment if convicted on charges including involvement in crimes including rape, torture, persecution, enforced marriages and sexual…

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MOLLY QUELL, Associated Press 7 mins ago FILE – Fighters from Islamist group Ansar Dine stand guard in Timbuktu, Mali, Aug. 31, 2012, as they prepare to publicly lash a member of the Islamic Police found guilty of adultery. The International Criminal Court unsealed an arrest warrant Friday June 21, 2024, for a Malian accused of war crimes and crimes against humanity in the desert city of Timbuktu in 2012-13, where he is suspected of leading an al-Qaida-linked Islamic extremist group. (AP Photo/File) THE HAGUE, Netherlands (AP) — The International Criminal Court has convicted an al-Qaida-linked Islamic extremist leader of…

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The bail plea of nine accused individuals associated with the banned outfit Popular Front of India (PFI), who were charged in connection with the murder of RSS leader Sreenivasan during April 2022 in Palakkad was rejected by the Kerala High Court. Kerala High Court   Ernakulam: The bail plea of nine accused individuals associated with the banned outfit Popular Front of India (PFI), who were charged in connection with the murder of RSS leader Sreenivasan during April 2022 in Palakkad was rejected by the Kerala High Court. The two-bench judge of the High Court found sufficient grounds to believe…

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by Fintech News Malaysia June 26, 2024 Funding Societies, a SME digital finance platform in Southeast Asia, has partnered again with Credit Guarantee Corporation Malaysia (CGC) to introduce a RM30 million Islamic SME Portfolio Guarantee (SME PG-i) scheme. This initiative is designed to facilitate easier access to financing and support the growth of Malaysian SMEs. This collaboration follows a previous RM10 million portfolio guarantee programme launched in April last year. The enhanced SME PG-i scheme will provide working capital financing to a wider range of underserved SMEs, leveraging Funding Societies‘ Islamic digital financing solutions. Eligible SMEs will…

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THE HAGUE, Netherlands (AP) — The International Criminal Court is delivering its verdict Wednesday in the trial of a suspect accused of playing a key role in a reign of terror unleashed by al-Qaida-linked insurgents on the historic desert city of Timbuktu in northern Mali in 2012.Al Hassan Ag Abdoul Aziz Ag Mohamed Ag Mahmoud could face a maximum sentence of life imprisonment if convicted on charges including involvement in crimes including rape, torture, persecution, enforced marriages and sexual slavery committed from April 2012 until the end of January 2013 in the city once known as the “Pearl of the…

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State AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWashington D.C.West VirginiaWisconsinWyomingPuerto RicoUS Virgin IslandsArmed Forces AmericasArmed Forces PacificArmed Forces EuropeNorthern Mariana IslandsMarshall IslandsAmerican SamoaFederated States of MicronesiaGuamPalauAlberta, CanadaBritish Columbia, CanadaManitoba, CanadaNew Brunswick, CanadaNewfoundland, CanadaNova Scotia, CanadaNorthwest Territories, CanadaNunavut, CanadaOntario, CanadaPrince Edward Island, CanadaQuebec, CanadaSaskatchewan, CanadaYukon Territory, Canada Postal Code Country United States of AmericaUS Virgin IslandsUnited States Minor Outlying IslandsCanadaMexico, United Mexican StatesBahamas, Commonwealth of theCuba, Republic ofDominican RepublicHaiti, Republic ofJamaicaAfghanistanAlbania, People’s Socialist Republic ofAlgeria, People’s Democratic Republic ofAmerican SamoaAndorra, Principality ofAngola, Republic ofAnguillaAntarctica (the territory South of 60 deg S)Antigua and BarbudaArgentina, Argentine RepublicArmeniaArubaAustralia, Commonwealth ofAustria, Republic…

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MOLLY QUELL, Associated Press 15 mins ago FILE – Fighters from Islamist group Ansar Dine stand guard in Timbuktu, Mali, Aug. 31, 2012, as they prepare to publicly lash a member of the Islamic Police found guilty of adultery. The International Criminal Court unsealed an arrest warrant Friday June 21, 2024, for a Malian accused of war crimes and crimes against humanity in the desert city of Timbuktu in 2012-13, where he is suspected of leading an al-Qaida-linked Islamic extremist group. (AP Photo/File) THE HAGUE, Netherlands (AP) — The International Criminal Court is delivering its verdict Wednesday in the trial…

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This news has been read 328 times! KUWAIT CITY, June 25: The inaugural meeting of the National Halal Food Committee yielded several significant recommendations and decisions aimed at regulating the importation and certification of halal food in Kuwait. The following are the details: Preparation of Importation Guide — The Standards and Metrology Department at the Food and Nutrition Public Authority was tasked with initiating the preparation of documents and arrangements to create a comprehensive guide outlining the conditions and requirements for importing halal food into Kuwait. This guide will serve as a reference for all importers to ensure compliance with…

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Muharram is the first month of the Islamic calendar Read more… Published: Sun 24 Jul 2022, 1:07 PM Last updated: Tue 26 Jul 2022, 12:49 PM Saturday, July 30, will be an official paid holiday for all private sector employees in the UAE on the occasion of Islamic new year (1444H). The Ministry of Human Resources and Emiratisation (MoHRE) said this is in line with the decree issued by the UAE Cabinet to unify the official holidays of public and private sectors in 2021 and 2022. Unified holidays mean that Emiratis and expats working in government departments and private companies…

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The UAE and the regional financial markets are flooded with opportunities for Islamic products to meet the growing requirements, and offer alternatives to the traditional banking products, said Ibrahim Al Shamsi, Chief Executive Officer, Emirates Islamic Bank (EIB). Read more… By A Staff Reporter Published: Mon 21 Jun 2004, 10:48 AM Last updated: Mon 28 Nov 2022, 6:51 PM Speaking in a Press conference to unveil the corporate identity for the new Emirates Islamic Bank (EIB) yesterday, Al Shamsi, said, “The Islamic financial products constitute around 25 per cent of the total banking sector transactions in the UAE. “The new…

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The Nigerian Army has debunked an audio-visual recording trending on social media that the army is recruiting Islamic Fundamentalists and Jihadists, saying the purported report is designed to sow discord and cause religious disunity. In a statement issued on Tuesday, Major General, Onyema Nwachukwu, Director of Army Public Relations said the footage also falsely portrayed an officer calling on Muslim young men to join the military to protect and propagate Islam. The attention of the Nigerian Army (NA) has been drawn to an audio-visual recording circulating on various online platforms, purportedly showing a misleading report suggesting that the NA is…

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Mumbai: Sufis celebrated Eid-E-Ghadeer, one of the most important dates in the Islamic calendar by planting trees and spreading the message of protecting the environment. In Mumbai, rose shrubs were planted on Tuesday at the Mahim road junction near the Makhdoom Shah dargah, one of the most visited dargahs in the city. Across India, the Sufi Islamic Board is planting over 10,000 trees and flowering shrubs over the week to mark the day. The festival was celebrated on June 24 in India, but the day was marked on Tuesday in countries like Iran.Eid-e-Ghadeer is the day when Prophet Muhammad (PBUH)…

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[Source: Reuters] With their Islamic headscarves and high-octane metal music, the women of the Indonesian band Voice of Baceprot have played stages from the United States to France. But they are nervous about this week. In England, the trio will be the first Indonesians to play at the Glastonbury Festival, one of the world’s biggest, sharing space with the likes of Coldplay and Shania Twain.Article continues after advertisement This is the biggest stage yet for the young women, far from their home village of Garut in West Java province of the sprawling Southeast Asian nation. “Not only do we carry…

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Walewale Senior High/Technical School is re-emerging on the national stage of the National Science and Maths Quiz after winning their regional qualifiers against their rivals. The school has failed to book its seat at the national tournament for at least three years. However, in a battle against their regular competitors, the school narrowly escaped defeat against Bunkpurugu SHS, Nakpanduri Business School, and Nalerigu SHS. They won the contest with 34 points, while their closest contender, Bunkpurugu SHS, managed 29 points. Describing themselves as scorpions and believing in their gentle but venomous abilities, Walewale Senior High/Technical School is ready to sting…

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By Ayodele Oni The Nigerian Army (NA) says it remains steadfast in upholding professionalism and impartiality as an institution devoid of ethnic and religious bigotry. Director, Army Public Relations, Major General Onyema Nwachukwu, stated this on Tuesday, while reacting to an audio visual recording  purportedly showing a misleading report suggesting that the Nigerian Army is recruiting Islamic fundamentalists and jihadists. Nwachukwu, in the statement, revealed that the footage also falsely portrayed an officer calling on Muslim young men to join the military to protect and propagate Islam. “Considering the gravity of these falsehood, the NA wishes to clearly state that…

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Israel Air Force eliminated the terrorist Fadi Jihad Muhammad Al-Wadiya, Doctors Without Borders colleague and an operative of the Palestinian Islamic Jihad terror organization, according to an IDF Spokesperson’s unit announcement on Tuesday evening.According to the report, Israeli aircraft directed by the Southern Command and the Intelligence Directorate targeted an area in Gaza City where the terrorist Al-Wadiya was located at the time.כלי טיס של חיל האוויר, בהכוונת פיקוד הדרום ואמ”ן, תקף מוקדם יותר היום (ג’) במרחב העיר עזה וחיסל את המחבל פאדי ג׳האד מחמד אלואדיה, אשר שימש כפעיל בארגון הטרור גא״פ ועסק בפיתוח וקידום מערך הטילים של הארגון.…

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The rational choice theory, the rational choice theory of religion and behavioral finance theoryRational Choice Theory suggests that individuals make decisions by systematically evaluating the available options to maximize their utility, based on preferences that are stable, coherent, and transitive (Handfield, 2014). This theory assumes that individuals have full information, can process this information effectively, and are motivated purely by self-interest to achieve the most favorable outcomes (Becker, 1976). It embodies the classical economic view of humans as rational actors, consistently making choices that maximize their utility. In the context of Islamic financial literacy, Rational Choice Theory suggests that Muslims…

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