Author: islamnewsday
Talal al-Dabash was killed by an Israeli bomb as he prayed. Students at the university where he worked remember a ‘kind-hearted’ man with a love for learning.Amid the photos of students and lecturers – some on their phones, others attentive – shared on Facebook, one stood out – a man sitting quietly to the side, his eyes focused on the presentation, his face calm. The science seminar at the Islamic University of Gaza had drawn a gathering of students and academics, but it was the picture of Talal al-Dabash, the university’s veteran security guard, that elicited the most enthusiastic responses…
Doha, Qatar: Qatar Islamic Bank (QIB), Qatar’s leading Islamic Bank, has announced the results for the six months’ period ended 30 June 2024. Net Profit attributable to the Shareholders of the Bank amounted to QR2,065m for the six months’ period ended 30 June 2024 representing a growth of 5.6% over the same period in 2023. Basic earnings per share for the six months period ended 30 June 2024 is QR0.87 compared to QR0.83 for the six months period ended 30 June 2023. QIB Board of Directors have authorized the distribution of interim cash dividend to shareholders of QR0.25 per…
Namesake: Imagining a world where Islam’s female warrior guides today’s Muslim, Arab, and Palestinian womenBook Club: N. S. Nuseibeh’s ‘Namesake’ explores the legacy of Nusaybah bint Ka’ab, remembered today as Islam’s Woman Warrior, and examines her relevance today. Palestinian-British researcher and writer N. S. Nuseibeh’s ancestors did something unheard of in the Arab world: in a region where people’s lineage is patrilineal, they decided to name their family after their foremother, Nusaybah bint Ka’ab, Islam’s legendary female warrior who fought alongside Prophet Muhammad (peace be upon him) on the battleground. Namesake: Reflections on a Warrior Woman was released at the…
SRINAGAR, JULY 16: As a part of distinguished lecture series- 2024, Mantaqi Centre for Science and Society (MCSS), Islamic University of Science and Technology, (IUST) hosted another lecture . The session was conducted by Prof. Gautam Basu, eminent biophysicist from Bose Institute, Kolkata. Prof. Shakil Ahmad Romshoo, Vice Chancellor (HVC), IUST commended the organizers for initiating the lecture series underscoring that it fosters a collaborative research and learning environment. He stressed the importance of building an ecosystem of learning and entrepreneurship in the university and highlighted the initiatives being pursued to nurture entrepreneurship and experiential learning. He emphasized that for…
Total issuance reached $91.9 billion over the first six months of this year, up slightly from last year’s $91.3 billion Read more… Photo used for illustrative purpose only. Published: Tue 16 Jul 2024, 7:38 PM The adoption of the new Sharia Standard 62 could disrupt the sukuk market as soon as next year, S&P Global Ratings said as it stuck to its global sukuk issuance forecast of $160 billion-$170 billion for 2024. According to analysts at S&P, the Accounting and Auditing Organization for Islamic Financial Institutions’ Sharia Standard 62 could reduce issuance volumes over the medium term if it materially…
Ashura (Photo Credits: File Image) Ashura is an important day in the Islamic calendar, observed on the tenth day of Muharram, the first month of the Islamic lunar calendar. The day holds significance for both Sunni and Shia Muslims, though the reasons for its observance and the ways it is commemorated differ between the two branches of Islam. The Islamic calendar follows the lunar cycle, due to which, the Muharram dates keep changing every year in the Gregorian calendar. Ashura 2024 is observed on July 17. These dates are determined based on the sighting of the crescent moon. The name ‘Ashura’…
Muslims around the world recently celebrated the start of the Hijri New Year, also known as the Islamic New Year.Unlike the Gregorian calendar that most Christian religions follow, the Islamic New Year aligns with the phases of the moon, meaning its dates may sometimes change.The first day of the latest new year was July 7, marking the beginning of an important month in the Islamic calendar known as Muharram.Muharram, seen as a time of reflection and prayer, is a period of significance for Muslims worldwide and a lot of historical events have been tied to this period.During Muharram, fighting or…
New Delhi: The All India Muslim Personal Law Board (AIMPLB) said on Sunday that it is exploring all possible measures to get the Supreme Court to “roll back” its ruling on alimony to divorced Muslim women as it is “against” Islamic law.The AIMPLB Working Committee held a meeting on Sunday to discuss the Supreme Court verdict on the maintenance of Muslim divorcee women and adopted a resolution, which stated it is against the “Sharia” (Islamic law).”The Board emphasised that the Holy Prophet had mentioned that amongst all permissible deeds the most abhorred is divorce in the sight of Allah, hence…
Major stock markets in the Gulf ended higher on Monday as oil prices held steady and companies in the region started to report quarterly earnings, while investors assessed the fallout of an assassination attempt on U.S. presidential candidate Donald Trump. He was shot in the ear during a campaign rally on Saturday after a major security lapse, an attack that will likely reshape this year’s presidential race and fuel fears that the campaign could descend into political violence. Saudi Arabia’s benchmark index gained 0.6%, rising for an eighth consecutive session, led by a 1.7% rise in Al Rajhi Bank and…
Muharram is one of the most important days observed among the Muslim community. It marks the beginning of the Islamic New Year and is considered one of the four sacred months in Islam. Muharram 2024 particularly holds great significance as it includes Ashura 2024, a profound day of historical and religious importance. Ashura 2024 Date In India The Islamic calendar is believed to follow the lunar cycle, due to which, the Muharram dates keep changing every year in the Gregorian calendar. In Saudi Arabia, the crescent moon for Muharram was earlier expected to be seen on the evening of Friday,…
KUALA LUMPUR, MALAYSIA / ACCESSWIRE / July 15, 2024 / Green-X Corp (“GreenX”), a wholly owned subsidiary of Greenpro Capital Corp, is pleased to announce, today, it has secured digital assets valued more than US$100 million directly under its ownership. These digital assets consist of a portfolio of Security Tokens and Stablecoins, which further enhance the value and credibility of GreenX as a regulated centralized exchange.In addition, we are pleased to announce the strengthening of our alliances with the signing of a strategic partnership between Greenpro Capital Corp., GreenX, and Bank Islam Trust Company (Labuan) Ltd (“Bank Islam Trust”). This…
Gambian parliament rejects bid to overturn historic FGM lawIf Monday’s bid had been successful, the tiny West African country would have been the first in the world to relegalize FGM after criminalizing it.The practice was prohibited in Gambia in 2015 by former president Yahya Jammeh who authorized the imposition of fines and prison sentences of up to three years for individuals who engaged in it.The law also punished perpetrators with life sentences in cases where the practice led to death.Pro-Islamic groups and lawmakers pushed back against the criminalization, saying that female circumcision was “one of the virtues of Islam.”Other prominent…
Muslims across the globe observe Ashura on the 10th day of Muharram. It is the first month of the Islamic calendar. As per Islamic scriptures, the death of Imam Hussain, the grandson of Islamic Prophet Mohammed (Muhammad) in the Battle of Karbala, happened on the day of Ashura. This day is widely observed as a day of mourning and grief. Sunni and Shia Muslims mourn the martyrdom of Imam Hussain in different ways. In Saudi Arabia, the month of Muharram commenced from July 7. Therefore, Ashura in Saudi Arabia will be observed on July 16. In India, Muharram began on July 8…
ANI | Updated: Jul 15, 2024 13:36 IST Aligarh (Uttar Pradesh) [India], July 15 (ANI): After the All India Muslim Personal Law Board (AIMPLB) said that they will challenge the Supreme Court’s latest verdict, allowing divorced women to claim maintenance after the period of “Iddat”, there have been divergent views from the Muslim community. Cleric Chaudhary Ifraheem Husain said that the decision to review the SC Order should not be taken in a hurry.”The way the All India Muslim Personal Law Board wants to review the decision of the Supreme Court I think it should not be hurried. This is…
Paysys Labs has announced its partnership with Raqami Islamic Digital Bank Pakistan in order to optimise digital payments for customers in the region. Following this announcement, the collaboration aims to develop an optimised and secure digital payment solution that will integrate real-time transaction systems such as RAAST. Paysys Labs is expected to play an important role in the process of assisting Raqami in improving its digital payment offerings, while also providing and ensuring that customers enjoy secure access to expanded payment functionality and products. In addition, both financial institutions will continue to focus on meeting the needs, preferences, and demands…
Clerics are influential and respected people. Many look up to them for direction and guidance. By virtue of their closeness to the top echelons of government, it is also expected that they speak truth to power, and fight for the interests of the common man. FAITH AJAYI takes a look at some Islamic clerics who address societal issues such as corruption and other vices Muhideen Bello Muhideen Bello is one of the popular Islamic preachers who are never silent when it comes to their religion. Born to an Islamic scholar, Muhideen started studying the Quran from a young age. He…
Clad in black and with a baby in her lap, a woman sits on the ground shaking a cardboard box outside the door of a Saudi mosque. She says she is from Jazan, a southern region of Saudi Arabia bordering Yemen, and begs every day outside the mosque in a Riyadh neighbourhood of migrant workers. Many of the South Asian men attending the mosque are low-paid labourers but they still spare a riyal for her. The box fills quickly as they drop the equivalent of 27 US cents after their prayers. Charity is one of the main principles of Ramadan,…
(MENAFN- AzerNews) A ceremony to exchange the documents signed between Azerbaijan and Pakistan with the participation of President of the Republic of Azerbaijan Ilham Aliyev and Prime Minister of the Islamic Republic of Pakistan Muhammad Shehbaz Sharif was held in Islamabad, Azernews reports. Deputy Prime Minister and Minister of Foreign Affairs of Pakistan Mohammad Ishaq Dar and Deputy Minister of Foreign Affairs of Azerbaijan Samir Sharifov exchanged the “Memorandum of Understanding on cooperation between the Ministry of Foreign Affairs of the Republic of Azerbaijan and the Ministry of Foreign Affairs of the Islamic Republic of Pakistan on Consular …
KARACHI- On Sunday, July 14, 2024, the exchange rate for one US Dollar against Pakistani rupees was recorded at Rs 279 in the local and open market, with a selling rate of Rs 280.5. Note: Exchange rates can vary based on the location and the Exchange Company or bank involved in the transaction. Below are the foreign and local exchange rates for the US Dollar, UK Pound Sterling, European Euro, UAE Dirham, Saudi Riyal, and other foreign currencies in Pakistan’s open market. Currency Buying Selling US Dollar USD 279 280.5 Euro EUR 301.25 303.15 UK Pound…
File image of Muharram procession (Photo Credits: PTI) Mumbai, July 13: Muslims observe Ashura on 10th day of Muharram, the first month of the Islamic calendar. The date of Ashura changes every year on the Gregorian calendar. Ashura 2024 will be observed in July this year. According to Islamic scriptures, many significant events including the death of Imam Hussain, the grandson of Islamic Prophet Mohammed (Muhammad) in the Battle of Karbala, happened on the day of Ashura. In view of the martyrdom of Imam Hussain, Ashura is widely observed as a day of mourning and grief. However, Sunni and Shia Muslims mourn the martyrdom of Imam…
The walls of the office of Maj. Ella Waweya, 34, at the IDF spokesperson headquarters in northern Tel Aviv, are dotted with diplomas, certificates of merit, and family pictures, as well as beautiful Arabic calligraphy of the Quran, alongside a Druze flag, a cross, a small copy of the Zohar (Jewish mysticism book), and flags of participating Abraham Accords countries. “I don’t leave anyone behind,” she says, smiling.Waweya has served in the army for 10 years. She hails from the Arab Israeli town of Kalansuwa, where all the citizens are Muslim Arabs. Her formal title is deputy spokesperson for the…
Iran’s president-elect Masoud Pezeshkian said he looks forward to improved relations with European nations, even though he accused them of reneging on commitments to mitigate the impact of US sanctions.Pezeshkian won a runoff election against ultraconservative former nuclear negotiator Saeed Jalili last week.The 69-year-old has called for “constructive relations” with Western countries to “get Iran out of its isolation”, and favours reviving the 2015 nuclear deal between Iran and global powers.The United States unilaterally withdrew from the accord in 2018, reimposing sanctions, which led Iran to gradually reduce its commitment to the terms of the deal. The agreement aimed to…
Picture credit score: tuahlensa/ Getty Pictures The $3tn Islamic finance {industry} is projected to develop by as a lot as 10 per cent in 2023-24, as greater digitalisation and fintech collaboration are anticipated to strengthen the {industry}’s resilience whereas creating new avenues for development, based on S&P World Rankings. Regardless of the {industry}’s gradual digitalisation in comparison with typical monetary companies, a brand new wave of digital pioneers is reshaping how Islamic finance is evolving. A examine by the Islamic Improvement Financial institution and the UNDP revealed that Islamic monetary establishments are embracing digital currencies and blockchain applied sciences amid…
A group of Kosher meat certification agencies are in court today to ask for an injunction against Canadian Food Inspection Agency guidelines for the ritual slaughter of animals. An Orthodox rabbi checks the quality of poultry meat in a Kosher slaughterhouse in Csengele, Hungary on Jan. 15, 2021. (AP Photo/Laszlo Balogh) OTTAWA — A group of agencies that certify Kosher meat took the government to court Wednesday to ask for an injunction against Canadian Food Inspection Agency guidelines for the ritual slaughter of animals. Kosher meat calls for animals to be slaughtered without being stunned. While the Kosher method of…
Muharram, also known as Ashura or ‘Youm-e-Ashura’, marks the beginning of the Islamic New Year. Image used for repreentation. Photo| Arun KSAMBALPUR: The district administration has relaxed restrictions on joint processions for Muharram, to be observed on July 17 this year. At a peace and coordination committee meeting held on Tuesday, the administration decided to allow joint processions and sought cooperation of all members of Muslim community to ensure peace and harmony during the celebrations. Collector Akshay Sunil Agrawal said, “A discussion was held with the members of all the committees in presence of the district administration officials. The occasion will…