Author: islamnewsday

By James Sillars, business reporterPro-Palestinian activists say they have attacked 20 Barclays bank branches across England and Scotland as part of a campaign aimed at damaging Israel’s war machine.The Palestine Action group, which has previously focused its campaign on Israel-based defence contractor Elbit’s UK operations, said its members were responsible for the vandalism.Images posted on X showed windows smashed and widespread use of graffiti on several bank branch entrances.The locations targeted included branches in London, Birmingham, Bristol and Edinburgh.The campaigners also included members of the environment-focused protest group Shut the System.Palestine Action accused Barclays of having financial interests in both…

Soldiers conduct a rapid deployment exercise on the outskirts of Mutwanga, which has been repeatedly attacked by the armed group Allied Democratic Forces. (Alexis Huguet/AFP) About 80 civilians have been killed by suspected ADF rebels in the DRC’s North Kivu in the course of a month.Politicians urged the government to make security a priority.North Kivu is also the province where M23 rebels are fighting South African soldiers.Attacks attributed to Uganda’s Islamic State-linked Allied Democratic Forces (ADF) claimed another 41 lives in the Democratic Republic of Congo’s (DRC) North Kivu, taking the total to around 80 civilians in the space…

June 10, 2024 (MLN): Newly licensed by Securities & Exchange Commission of Pakistan (SECP), Pakistan’s first Digital Insurer Salaam Family Takaful Limited (SFTL) and Central Depository Company of Pakistan Limited (CDC) have entered an arrangement for SFTL’s participation in the Centralized Information Sharing Solution for the Insurance Industry (CISSII) and Centralized Insurance Repository (CIR). According to a press release issued on Monday, these are key cross-industry information sharing systems developed and administered by CDC. The agreements were signed by Badiuddin Akber CEO-CDC, and Rizwan Hussain CEO-SFTL, in the presence of Syed Nayyar Hussain Executive Director-SFTL, Abdul Samad COO-CDC, and other senior…

Congo’s government says militants allied with the Islamic State group have killed at least 41 people in several villages in eastern North Kivu provinceBy MOSES SAWASAWA Associated PressJune 10, 2024, 9:06 AM ET• 2 min readGOMA, Congo — Militants allied with the Islamic State group in eastern Congo have killed at least 41 people in several villages in North Kivu province, the national government said Monday, as residents openly wondered why security forces weren’t protecting them.The statement said Friday’s attacks were carried out by Allied Democratic Forces militants in the villages of Masala, Mahihi and Keme.Local civil society members asserted…

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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 Zip 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…

GOMA, Congo — Militants allied with the Islamic State group in eastern Congo have killed at least 41 people in several villages in North Kivu province, the national government said Monday, as residents openly wondered why security forces weren’t protecting them.The statement said Friday’s attacks were carried out by Allied Democratic Forces militants in the villages of Masala, Mahihi and Keme.Local civil society members asserted that the true toll was higher, with as many as 80 killed.Richard Kirimba, a civil society official in the area that was attacked, said the militants appeared to be expanding their operations and that local…

(Last Updated On: )Russian Foreign Ministry Spokeswoman Maria Zakharova said on the sidelines of the St. Petersburg International Economic Forum (SPIEF) that work on the possible removal of the Islamic Emirate from Moscow’s terrorist list is based on the need for contact with Afghanistan. Speaking to TASS she said some media has reacted “nervously to the fact that Russia maintains contacts with the Taliban (IEA) movement.” “Apparently, those who write about these issues do not realize that the solution to such problems as the fight against drug trafficking, terrorism and organized crime actually requires contacts. And it is in our…

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Once a year, Muslim pilgrims flowing into Saudi Arabia unite in a series of religious rituals and acts of worship as they perform the Hajj, one of the pillars of Islam. As they fulfill a religious obligation, they immerse themselves in what can be a spiritual experience of a lifetime for them and a chance to seek God’s forgiveness and the erasure of past sins.Here’s a look at the pilgrimage and its significance to Muslims. WHAT IS HAJJ?Hajj is the annual Islamic pilgrimage to Mecca in Saudi Arabia that is required once in a lifetime of every Muslim who can…

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 Zip 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…

Once a year, Muslim pilgrims flowing into Saudi Arabia unite in a series of religious rituals and acts of worship as they perform the Hajj, one of the pillars of Islam. As they fulfill a religious obligation, they immerse themselves in what can be a spiritual experience of a lifetime for them and a chance to seek God’s forgiveness and the erasure of past sins.Here’s a look at the pilgrimage and its significance to Muslims. WHAT IS HAJJ?Hajj is the annual Islamic pilgrimage to Mecca in Saudi Arabia that is required once in a lifetime of every Muslim who can…

Once a year, Muslim pilgrims flowing into Saudi Arabia unite in a series of religious rituals and acts of worship as they perform the Hajj, one of the pillars of Islam. As they fulfill a religious obligation, they immerse themselves in what can be a spiritual experience of a lifetime for them and a chance to seek God’s forgiveness and the erasure of past sins.Here’s a look at the pilgrimage and its significance to Muslims.WHAT IS HAJJ?Hajj is the annual Islamic pilgrimage to Mecca in Saudi Arabia that is required once in a lifetime of every Muslim who can afford…

Afghanistan’s stability vital for neighbors, says Iranian ambassador Hassan Kazemi Qomi, Iran’s ambassador and special representative to Afghanistan, stressed the importance of Afghanistan’s situation for its neighbouring countries, TOLO News reports. Speaking after the Regional Contact Group meeting, Qomi noted that developments in Afghanistan affected the entire region and announced the start of physical border fortification between Iran and Afghanistan.Photo: Hassan Kazemi Qomi, Iran’s ambassador and special representative to AfghanistanSource: Google ImagesQomi mentioned ongoing security cooperation between Iran and Afghanistan, resulting in a stable security environment at their borders in recent months. He emphasized the need for realistic assessments of…

Hailing the kind gesture, Bin Zayed said the Dubai Islamic Humanitarian Foundation has been supportive to Dar Al Ber charity projects and programs for years. Read more… By Ahmed Shaaban (senior Reporter) Published: Wed 17 Jun 2015, 6:48 PM Last updated: Mon 3 Oct 2022, 1:33 PM Dubai – The Dubai Islamic Humanitarian Foundation, as part of its tireless effort to support the charity associations here, has contributed Dh20 million to Dar Al Ber Society for the benefit of the poor and needy. The Foundation, one of the Dubai Islamic Bank institutions, has generously made the contribution during a premier…

The major art event will be happening in Jeddah… Saudi Arabia has been supporting local and international artists in showcasing their artworks to a wider audience. One way the country has been accomplishing this is by launching the Diriyah Biennale Foundation and hosting the first-ever art biennales in the Kingdom. And now, the Islamic Arts Biennale 2025 is officially happening. Scheduled to take place in Jeddah, from Wednesday January 25 to Sunday May 25 2025, the Islamic Arts Biennale will unfold within the iconic Western Hajj Terminal at Jeddah’s King Abdulaziz International Airport. This ground-breaking affair provides guests with an…

(MENAFN- Khaleej Times) Published: Fri 7 Jun 2024, 3:55 PM Last updated: Sat 8 Jun 2024, 6:51 AM India and Pakistan have announced the first day of Eid Al Adha 2024 after the crescent moon was spotted in the respective countries. According to Pakistan media, the Central Ruet-e-Hilal Committee announced that the moon of Dhul Hijjah has been sighted on Friday, June 7. Accordingly, the first day of EidAdha in the country will be on Monday, June 17. In India, too, moon sighting committees in Lucknow and Jammu and Kashmir announced the spotting of the crescent moon on Friday evening,…

The Federal Shariat Court’s (FSC) groundbreaking decision in April 2022 signalled a major shift in Pakistan’s financial sector by aiming to eliminate interest from the economy by December 2027. As the financial sector prepares to transition to an Islamic financial system, the effort to establish an interest-free banking and financial framework encounters several challenges. One of the primary obstacles is the need to improve the expertise of human resources within the financial sector, ensuring they have a thorough understanding of Islamic finance principles and the necessary depth of knowledge. Additionally, enhancing the knowledge and skills of current banking professionals is…

June 3, 2024 MANILA – For the second straight year, a global travel index has recognized the Philippines as an “Emerging Muslim-friendly destination” among nonmembers of the Organization of Islamic Cooperation (OIC), the Department of Tourism (DOT) said on Saturday. Based on the 2024 results of the Mastercard-CrescentRating Global Muslim Travel Index—an annual report benchmarking destinations in the Muslim travel market—the Philippines managed to develop initiatives such as including halal food and integrating Muslim-friendly amenities at major tourist spots in the country. READ: DOT to further boost ‘Muslim-friendly,’ halal tourism Increasing appeal “Tourism authorities have placed halal tourism high on…

Eid-Ul-Adha 2024 Date And Time: Also known as ‘Bakrid’, Eid-ul-Adha is regarded as one of the most holy festivals of the Muslim community. This festival, which is also celebrated as Eid-ul-Adha, Greater Eid, or Hari Raya Haji, is regarded as extremely significant in Islam. On the tenth day of Dhu Al-Hijjah, the month that comes to a conclusion on the Islamic calendar, the 12th, Muslimes celebrate the festival of Bakrid. It is a global holiday honouring Prophet Ibrahim for his readiness to offer his son Ismael as a sacrifice in obedience to God. Eid-ul-Adha 2024 Date Celebrated as a public…

Islamic finance assets in Qatar grew 3.3% year-on-year to QR656bn in 2023, of which Islamic banks accounted for 87.6 % of the total and sukuk for 11.1%, according to Bait Al Mashura, a leading domestic Shariah-principled financial consultancy firm.The assets of Islamic banks grew 3.6% on an annualised basis to QR563.7bn in 2023 with financing witnessing a marginal increase of 0.6% to QR382.7bn, the firm said in its latest report.”The Islamic finance has several promising prospects for the growth that are underlying in its continuous expansion, and accelerated development in terms of environment and penetration of new ecosystems,” Prof Khalid…

TEHRAN – The empowerment programs of the late President Raisi’s administration have resulted in the self-sufficiency of more than 126,000 women heads of household.Female entrepreneurs have expanded business, resulting in the creation of sustainable employment for women, as well as the support for job-creating skills, IRNA quoted Ensieh Khazali, the vice president for women and family affairs, as saying. The empowerment programs covered women with abusive husbands, women breadwinners, single girls aged over 45, women suffering from social harm, and women who are heads of household. Also, the national sustainable family-oriented business plan, with the assistance of women entrepreneurs managed…

The Academic Council of Allama Iqbal Open University (AIOU) has greenlighted the introduction of various new programs, including BS degrees, Postgraduate Diplomas (PGD), certificate courses, and short-term courses. This decision was made during a meeting attended by department heads, key officers, and external members. This was the council’s 67th meeting and also marked the 51st gathering of the Academic Planning and Development/Research and Educational Technology Committee (APD/RET) at AIOU. The session, chaired by Vice Chancellor Prof Dr Nasir Mahmood, was coordinated by Registrar Raja Umer Younis, and the minutes from the previous meeting were unanimously endorsed. The council approved updates…

This article first appeared in Digital Edge, The Edge Malaysia Weekly on June 10, 2024 – June 16, 2024In the dynamic landscape of Islamic finance, Malaysia stands out as a global hub with a 24% market share of the global Islamic financial assets of more than US$3.6 trillion (RM16.9 trillion). In respect to the Islamic digital economy, Malaysia often ranks first for its Islamic fintech. With a robust regulatory framework and a burgeoning fintech ecosystem, the country has been at the forefront of promoting shariah-compliant financial solutions. Within this thriving ecosystem, however, a concerning trend has emerged — an increasing…

Standard Bank chairman Kazi Akram Uddin Ahmed, also chairman of the CSBIB executive committee, addresses a national seminar titled ‘Accounting, Auditing, and Governance of Islamic Banks’ at a hotel in Dhaka on Saturday. | Press release A national seminar titled ‘Accounting, Auditing, and Governance of Islamic Banks’ was held on Saturday at a hotel in Dhaka under the joint auspices of the Central Shariah Board for Islamic Banks of Bangladesh and Bangladesh Institute of Bank Management. Three keynotes were presented in the seminar and detailed discussions on them were held, said a press release.Md Abdullah Sharif, secretary general of Central…