Author: islamnewsday

Dubai: The UAE-based Gulf Islamic Investments (GII) has cuts its second major deal in the logistics space in recent weeks. The company has launched a new joint venture with Logipoint, a subsidiary of SISCO, for a logistics platform that will provide Grade A warehousing across Saudi Arabia. The deal is valued at over SR1 billion (around $300 million). LogiPoint is a developer focused on industrial and logistics real estate. It invests, manages and operates bonded and non-bonded logistics parks and zones. The new joint venture will ‘create new logistic infrastructure in key Saudi cities’, starting with Riyadh and Jeddah.  GII had early this…

Arab Inter-Parliamentary Union praises Saudi Arabia’s ‘tremendous effort’ to support Palestinian cause RIYADH: The Arab Inter-Parliamentary Union has praised the “tremendous efforts of Saudi Arabia, led by King Salman and Crown Prince Mohammed bin Salman, in supporting the Palestinian cause,” the Saudi Press Agency reported. The AIPU released a final statement following the 36th Arab Parliamentary Union Conference, which ended on Monday in Algiers. A Saudi delegation, headed by the chairman of the Shoura Council, Sheikh Abdullah Al Al-Sheikh, took part in the conference alongside heads of parliaments and councils, and several regional and international organizations and…

KUALA LUMPUR, May 28 — Prime Minister Datuk Seri Anwar Ibrahim today urged Islamic economic actors to turn Islamic economics and finances into a genuine alternative to an “unbridled capitalist system”, which he panned as being overtly materialistic. Addressing international delegates at this year’s Global Forum on Islamic Economics and Finances, Anwar said there is an urgent need to transform the Islamic economy into an equitable and inclusive system, as he called for a shift in mindset that looks at the economy merely as a way to maximise profits.Advertising Advertising “The time has come to chart a reinvigorated and reformed…

KUALA LUMPUR, May 28 ― Prime Minister Datuk Seri Anwar Ibrahim has reiterated the government’s commitment towards Islamic finance innovation via partnerships, and announced a commitment of RM100 million to boost more such innovations.Advertising Advertising In line with the commitment, Anwar, who is also the finance minister, has announced two new blended finance innovations ― a pilot programme on greening halal businesses, and ‘Project Hassan’. The greening halal businesses pilot programme is a collaboration between the Islamic Development Bank (IsDB), the Ministry of Finance, Bank Negara Malaysia (BNM) and the World Bank. Anwar said the programme aims to assist halal…

Arab Inter-Parliamentary Union praises Saudi Arabia’s ‘tremendous effort’ to support Palestinian cause RIYADH: The Arab Inter-Parliamentary Union has praised the “tremendous efforts of Saudi Arabia, led by King Salman and Crown Prince Mohammed bin Salman, in supporting the Palestinian cause,” the Saudi Press Agency reported. The AIPU released a final statement following the 36th Arab Parliamentary Union Conference, which ended on Monday in Algiers. A Saudi delegation, headed by the chairman of the Shoura Council, Sheikh Abdullah Al Al-Sheikh, took part in the conference alongside heads of parliaments and councils, and several regional and international organizations and…

KUALA LUMPUR, May 28 ― Malaysia plans to implement government-to-government (G2G) facilitation leveraging on Islamic trade finance for economic cooperation among the Organisation of Islamic Cooperation (OIC) countries.Advertising Advertising Prime Minister Datuk Seri Anwar Ibrahim said this initiative will help turbo-charge the growth of the Islamic economy. “Considering that the global size of the Islamic trade finance today represents only less than five per cent of the approximate total trade finance activities by OIC member countries, I call on OIC leaders to ‘up the ante’ and facilitate cross-border access to beef up innovation, trade and investments,” he said when launching…

Saudi Arabia’s Sports Boulevard doubles its existing investment fund to $533m   RIYADH: Private sector participation in the Sports Boulevard project is set to increase as the foundation behind Riyadh’s largest linear park plans to double its investment fund to SR2 billion ($533 million).  In a press release, the Sports Boulevard Foundation announced its partnership with Ajdan Real Estate Development Co. and Albilad Capital to add an additional SR1 billion to the private real estate investment fund “Sports Boulevard Real Estate Fund 1.”  This increased funding will be utilized to bolster private sector participation within the Arts District,…

In a momentous event that promises to deepen cultural ties and enrich the world of Islamic art, Muhammad Saad Al Rumihi, Chief Executive of the Qatar Islamic Art Museum, visited the Alhamra Art Museum Cultural Complex. The delegation was warmly welcomed by Chairman Alhamra Razi Ahmed and Executive Director Sarah Rashid, setting the stage for a fruitful collaboration between the two esteemed institutions. The visit was marked by an engaging discussion with high officials and members of the Alhamra Artists Council, where they delved into literary, cultural and historical themes. This vibrant exchange highlighted the mutual dedication to preserving and…

“The intersection of religious beliefs and medical practices profoundly influences medication usage and patient adherence to treatment regimens in healthcare.” As a surgeon, I am familiar with the religious decision of Jehovah’s Witnesses not to receive blood transfusions under nearly all circumstances. The current debates over the beginnings and ends of life continue to fill the gaps in our scientific “knowledge” with religious belief. Perhaps as an insular American surgeon, I might be forgiven for not knowing anything about  Halalopathy, “the harmonious alignment between therapeutic drugs and deeply held religious beliefs and lifestyles of [Muslim] individuals.” Jordan and Halal The…

TASHKENT – In the vast expanse of Asia, among the myriad of ancient cities, two stand out for their striking similarities and rich cultural heritage: Yazd in Iran and Khiva in Uzbekistan. Though separated by miles of desert and mountains, Yazd and Khiva each offer their own unique glimpses into the past, with architectural wonders that tell stories of resilience, faith, and artistry.  Whether it’s the ingenious wind-catchers of Yazd or the stunning minarets of Khiva, these cities captivate the imagination and offer a deep connection to the distant past. Reading travelogues, we see that many sightseers have said visiting these…

A horrific incident was unveiled where a Sikh woman from Anjar in Kutch accused an Islamist youth from Jamnagar, identified as Hussain Baloch, of impregnating her under the pretence of marriage and subsequently abandoning her. In her complaint, she also reported severe physical and mental abuse, as well as coercion to convert to Islam. The woman lodged a First Information Report (FIR) at the Anjar police station, and an investigation is underway. According to OpIndia, which has accessed a copy of the FIR, the woman detailed her ordeal, stating that she was introduced to Hussain Baloch by a known Islamic…

Mokhber made the remarks during a meeting with President of the National Assembly of Mali Abdoul Malick Diallo in Tehran on Monday. He said Iran’s late president, Ebrahim Raisi, and his foreign minister, Hossein Amirabdollhian, were valuable assets for the Islamic world, and that the Islamic Republic was determined to follow in their footsteps in international affairs. “Although the loss of these two great personalities is difficult, the Islamic Republic of Iran is still determined to implement the strategy of the late president in expanding and strengthening international relations, especially with Islamic and like-minded countries,” he said. …

PKRevenue.com – Raqami Islamic Digital Bank Ltd. (RIDBL) has announced a strategic partnership with 1LINK, one of Pakistan’s largest payment service providers, to enhance its digital financial services. RIDBL stands out as a Shariah-compliant, purely digital bank, opting for a streamlined, mobile-first approach instead of traditional brick-and-mortar branches. This partnership will enable RIDBL customers to benefit from Interbank Funds Transfer (1IBFT) and 1BILL services, with plans to include PayPak in the future. The collaboration will allow RIDBL customers to transfer funds to over 32 banks and make payments to over 2,500 companies nationwide, significantly expanding their banking capabilities. Umair Aijaz,…

JEDDAH: The Azka Farmers Market, held recently at Hayy Jameel in collaboration between Azka Foods and Art Jameel, connected the wider Jeddah community with local vendors and farmers dedicated to sustainability and ethical food practices. The event held May 24 and 25 provided visitors with the opportunity to enjoy farm-fresh produce, eco-friendly products, and specialized programs showcasing the region’s agricultural diversity. The market featured a diverse array of farmers and producers from around the Kingdom including Aysh Academy, Abazeer, Naqwat Al-Nanaa Farm, Ghiras Alsahra, Manahil Al-Magrabi, Alnahal Aljwal, Zaki Salem Farms, Al-Sadan Farm, Bee Ways, Honest, Wild Figra Honey, Nada…

Federal Police have been called in after an Islamic group called for Muslims to be executed if they leave the religion.At Bankstown Public library on Saturday a leader of the fundamentalist, Islamist group Hizb ut-Tahrir made the confronting declaration.Now the group could be banned in Australia.When asked, “Do you want to kill ex-Muslims?”, it is alleged that Uthman Badar, Hizb ut-Tahrir leader replied: “In Islam is clear that apostates do attract capital punishment, we don’t shy away from that.”When it is alleged that Uthman Badar, Hizb ut-Tahrir leader, replied to the question: The group may now be banned. Source: 7…

WASHINGTON, (APP – UrduPoint / Pakistan Point News – 27th May, 2024) Pakistan’s Ambassador to the United States, Masood Khan, has called for an immediate ceasefire in Gaza and a surge in urgently needed humanitarian assistance for the suffering Palestinians in the war-torn enclave who, he said, were being pushed from one location to another in search of safety.Addressing the 49th Convention organized by Muslim bodies — ICNA and MAS — in Baltimore, Maryland, he urged the United States to demonstrate leadership in ensuring the implementation of two-state solution to resolve the deadly middle East crisis. The annual three-day convention…

JEDDAH: The Azka Farmers Market, held recently at Hayy Jameel in collaboration between Azka Foods and Art Jameel, connected the wider Jeddah community with local vendors and farmers dedicated to sustainability and ethical food practices. The event held May 24 and 25 provided visitors with the opportunity to enjoy farm-fresh produce, eco-friendly products, and specialized programs showcasing the region’s agricultural diversity. The market featured a diverse array of farmers and producers from around the Kingdom including Aysh Academy, Abazeer, Naqwat Al-Nanaa Farm, Ghiras Alsahra, Manahil Al-Magrabi, Alnahal Aljwal, Zaki Salem Farms, Al-Sadan Farm, Bee Ways, Honest, Wild Figra Honey, Nada…

JEDDAH: The Azka Farmers Market, held recently at Hayy Jameel in collaboration between Azka Foods and Art Jameel, connected the wider Jeddah community with local vendors and farmers dedicated to sustainability and ethical food practices. The event held May 24 and 25 provided visitors with the opportunity to enjoy farm-fresh produce, eco-friendly products, and specialized programs showcasing the region’s agricultural diversity. The market featured a diverse array of farmers and producers from around the Kingdom including Aysh Academy, Abazeer, Naqwat Al-Nanaa Farm, Ghiras Alsahra, Manahil Al-Magrabi, Alnahal Aljwal, Zaki Salem Farms, Al-Sadan Farm, Bee Ways, Honest, Wild Figra Honey, Nada…

Jakarta (ANTARA) – Chief of the Presidential Staff (KSP) Moeldoko encouraged Islamic boarding schools, or pesantren, to help drive the national agricultural sector in order to realize food independence.Moeldoko made the statement in an audience with the management of the Tebuireng Pesantren Alumni Association at the Bina Graha Building here on Monday.”I agree that pesantren are the centers of mobilizing Indonesian farmers and agriculture,” Moeldoko noted in a press release received here on Monday.He affirmed that pesantren not only function as educational and religious institutions, but they can also increase their role in economic empowerment, such as in the agricultural…

Muslims drawn from different parts of the region and outside Uganda attending the Ijtimah Muslim Da’Wa conference in Moroto. PHOTO URN Moroto, Uganda | THE INDEPENDENT | The Muslim in the Karamoja sub-region have demanded the establishment of a Regional Center from Islamic partners to strengthen their religion. This request was made during the annual Muslim Da’Wa conference-Ijtima held from May 24 to May 26, 2024, at Kakoliye Moslem Primary School in Moroto Municipality. The conference attracted over 3,000 Muslim from various parts of the region and beyond. It was aimed at reminding Muslims of the teachings of Prophet Mohammed and…

Raqami Islamic Digital Bank has announced its partnership with Pakistan-based 1LINK in order to enable customers to transfer funds in an optimised manner.  Following this announcement, the collaboration between the Raqami Islamic Digital Bank and 1LINK will enable RIDBL customers and users to transfer funds to over 32 banks and financial institutions, while also providing them with the possibility to make payments to over 2.500 companies and firms at the same time.  In addition, both enterprises will focus on meeting the needs, preferences, and demands of clients in an ever-evolving market, while also prioritising the process of remaining compliant with…

Brussels, May 26 (QNA) – HE Prime Minister and Minister of Foreign Affairs Sheikh Mohammed bin Abdulrahman bin Jassim Al-Thani participated, on Sunday in Brussels, in the meeting of the Ministerial Committee assigned by Joint Arab-Islamic Extraordinary Summit regarding the developments in the Gaza Strip with European Foreign Ministers and representatives of European countries to discuss the pressing need to end the war in the Strip and take the necessary measures to implement the two-state solution. This meeting was held as a continuation of the meeting hosted by Riyadh, Saudi Arabia, in April, on efforts to implement the two-state solution,…

WASHINGTON , May 27 (APP): Pakistan’s Ambassador to the United States, Masood Khan, has called for an immediate ceasefire in Gaza and a surge in urgently needed humanitarian assistance for the suffering Palestinians in the war-torn enclave who, he said, were being pushed from one location to another in search of safety. Addressing the 49th Convention organized by Muslim bodies — ICNA and MAS — in Baltimore, Maryland, he urged the United States to demonstrate leadership in ensuring the implementation of two-state solution to resolve the deadly Middle East crisis. The annual three-day convention is being attended by thousands of…

JAKARTA – Presidential Chief of Staff (KSP) Moeldoko expressed his support for Islamic boarding schools (ponpes) whose role was increased in economic empowerment, including the agricultural sector.Moeldoko said that Islamic boarding schools are not only an educational and religious broadcasting institution, but can also be empowered to face various challenges in the food sector.” “ I agree that pesantren will become a center of gravity in moving Indonesian farmers and agriculture,” said Moeldoko in an audience with the management of the Tebuireng Alumni Association at the Bina Graha Building, Jakarta, in a statement, Monday 27 May.Moeldoko believes, by maximizing the…

KARACHI: Saylani has decided to establish an Islamic school system for Muslim children in the US. For this purpose, a five-member education committee has been formed in Houston, Texas, comprising four members from Texas and one from Chicago. Additionally, Saylani outlets have been established at the Ayesha Mosque on Devon Avenue in Chicago and at the Faizan-e-Ayesha Mosque in New York. These details were announced by the founder and chairman of Saylani Welfare International Trust, Maulana Bashir Farooq Qadri, upon his return from a 21-day tour of the USA and Turkey, while speaking to Saylani CEO Madani Bashir Farooq Qadri…