Author: islamnewsday

Former prime minister Imran Khan (right) along with his wife Bushra Bibi (centre) signs surety bonds for bail in various cases, at the registrar’s office in the Lahore High Court on July 17, 2023. — AFPA verdict was reserved on Thursday on the petitions challenging the un-Islamic nikah case filed byPakistan Tehreek-e-Insaf (PTI) founder Imran Khan and his wife Bushra Bibi.Judge Shahrukh Arjumand of the district and sessions court in Islamabad reserved the court’s decision before leaving the courtroom for his chamber. The court’s verdict will be pronounced by the judge on May 29.The verdict was reserved after the court…

Read More

Former prime minister Imran Khan (right) along with his wife Bushra Bibi (centre) signs surety bonds for bail in various cases, at the registrar’s office in the Lahore High Court on July 17, 2023. — AFPA verdict was reserved on Thursday on the petitions challenging the un-Islamic nikah case filed by Pakistan Tehreek-e-Insaf (PTI) founder Imran Khan and his wife Bushra Bibi.Judge Shahrukh Arjumand of the district and sessions court in Islamabad reserved the court’s decision before leaving the courtroom for his chamber. The court’s verdict will be pronounced by the judge on May 29.The verdict was reserved after the court…

Read More

TDT | Manama      The Daily Tribune – www.newsofbahrain.com Al Salam Bank has announced a strategic partnership with leading developer Kayan Real Estate to provide financing solutions to clients seeking homeownership within the residential projects of “Sultan” in Muharraq and “Ramli 2” in Al Ramli. The collaboration focuses on providing Shari’a-compliant financing solutions tailored to client base, including social housing beneficiaries. Under this partnership, Al Salam Bank will offer competitive profit rates, a grace period of up to 6 months, fast application processing, and waived administrative fees. To make the homeownership journey even more rewarding, clients can earn additional points through the Bank’s…

Read More

TDT | Manama      The Daily Tribune – www.newsofbahrain.com Al Baraka Islamic Bank (AIB), one of the leading Bahraini financial institutions in the field of Islamic banking, has recently unveiled the new scheme of Al Barakat Account. Reaffirming its position as a pioneer in Islamic banking, the Bank will be rolling out this prominent savings account scheme from June of the current year through January 2025, with an unparalleled total Cash prizes pool exceeding 2 Million US Dollars. Customers can look forward to a thrilling journey of potential windfalls and through the new Al Barakat Savings Account. Where it will include 5 Grand…

Read More

Subscribe to updates Unsubscribe from updates The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) (http://ICIEC.IsDB.org), a Shariah-based multilateral insurer and a member of the Islamic Development Bank (IsDB) Group is pleased to announce the appointment of Dr. Khalid Khalafalla as Officer-in-Charge, effective 19 May 2024. Dr. Khalafalla brings a wealth of experience and expertise to this role, having served in various capacities within the Islamic Development Bank (IsDB) Group. Most recently, he was the Principal Executive Assistant to H.E. President of IsDB. Prior to that, he served as Lead Underwriter at ICIEC as well as Acting…

Read More

Abdullah Bozkurt/StockholmThe Palestinian Islamic Jihad (PIJ), designated as a terrorist group by Turkey’s strategic partners, the US and EU, has significantly increased its presence in Turkey, a NATO member state, with substantial support from the Islamist government of President Recep Tayyip Erdogan and its allies.Although Hamas is the preferred organization of the Erdogan government, enjoying more generous support and more favorable public exposure in Turkey, the PIJ has nonetheless garnered significant influence and developed the ability to rally Turks in support of the militant organization.The key Palestinian operative overseeing Turkish operations is Ihsan Ataya, the leader of PIJ in Lebanon…

Read More

The Islamic Republic of Iran stands secure – OPINION | Politicsweb OPINION The Islamic Republic of Iran stands secure Iqbal Jassat | 22 May 2024 Iqbal Jassat rebuts doom and gloom projections in Western media over death of President and Foreign Minister Western media has been quick to forecast that doom and gloom will overtake the future of the Islamic Republic of Iran, following the tragic death of its President, Foreign Minister and a number of senior officials in a helicopter crash. From the moment news broke about the helicopter incident, and confirmation received that on board was President Ebrahim…

Read More

Ellen House Secondary in Ellen House on Waddington Street is a new high school which promises to “transcend traditional boundaries” through “innovative teaching methods” and a “robust” curriculum in an “Islamic environment”. The school promises to teach up to 80 boys, between the ages of 11 to 16. Get the latest news delivered straight to your inbox by signing up to The Oldham Times’ morning and evening newsletters as well as our breaking news alerts  Records on the history of the building suggest it was once an office block before a fundraising appeal was launched to raise money for an Islamic boy’s school,…

Read More

Several Islamic groups have sued Gov. Greg Abbott and Texas public university officials for cracking down on students calling for the death of Jews and antisemetic protests on campuses. One of the groups suing the governor was sued earlier this month by Jewish groups who allege it is a “collaborator and propagandist for Hamas,” a U.S. federal government-designated foreign terrorist organization. The Students for Justice in Palestine at the University of Houston and the University of Dallas and the Democratic Socialists of America filed the lawsuit in U.S. District Court for the Western District of Texas. Abbott, the University of…

Read More

by Johanan Devanesan May 23, 2024 In an era where technology is challenging and reshaping the contours of Syariah-compliant industries as well as the sectors financing them, Hong Leong Islamic Bank has been on what could turn out to be a pivotal journey of digital transformation. On this path, Hong Leong Islamic Bank has been guided in recent months by Dafinah Ahmad Hilmi, its Chief Executive Officer since mid-2023. According to the CEO, the bank’s foray into digitalisation is not merely about adopting new technologies; at its core, it’s a concerted effort to align with the evolving…

Read More

Sukuk is expected to carry a 5.431% profit rate per annum Read more… Published: Wed 22 May 2024, 7:16 PM Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has announced the successful pricing of its $750 million first ever sustainability sukuk. This is the first sustainability sukuk issued out of the UAE following the release of the International Capital Market Association (ICMA), the Islamic Development Bank (IsDB) and London Stock Exchange Group (LSEG) Guidance on green, social & sustainability sukuk in April 2024. The five-year issue witnessed robust demand from investors across different regions and was…

Read More

(The Center Square) – Several Islamic groups have sued Gov. Greg Abbott and Texas public university officials for cracking down on students calling for the death of Jews and antisemitic protests on campuses. One of the groups suing the governor was sued earlier this month by Jewish groups who allege it is a “collaborator and propagandist for Hamas,” a U.S. federal government-designated foreign terrorist organization. The Students for Justice in Palestine at the University of Houston and the University of Dallas and the Democratic Socialists of America filed the lawsuit in U.S. District Court for the Western District of Texas.…

Read More

Lab-grown meat is hailed by some as a scientific advancement that could one day become an ethical and environmentally friendly replacement for animal products. Some speculate that in the future this process might take the place of livestock farming as our primary source of meat production, though it’s likely the pushback there would be enormous. In the meantime, the two companies that have received USDA approval are trying to make sure that this slaughter-free meat is available to everyone. That includes those of the Islamic and Jewish faiths, who often have to adhere to restrictions on the food they eat, particularly…

Read More

Millions of Muslims in countries around the world are celebrating the start of Eid al-Fitr today, marking the end of the holy month of Ramadan.Traditionally, people who practice Islam wait for the sighting of a crescent moon to determine when Eid festivities can kick off.This tends to vary depending on lunar observations in the country you’re in, but many nations, such as the UK and Saudi Arabia, have confirmed April 10 as the date of their Eid celebrations.Eid al-Fitr is the end of the fasting period in the Muslim religion, and the celebrations include a lot of traditional foods with…

Read More

Nrityanandan artistes stage a dance recital at a programme marking the 99th anniversary of the birth of Noorjehan Murshid organised by Uttarsuri: Noorjehan-Sarwar Murshid Sangskritik Kendra at Kabi Shamsur Rahman Seminar Room of Bangla Academy on Wednesday. | courtesy: Uttarsuri Discussants said that the late women’s rights activist Noorjehan Murshid played a leading role in women’s awakening in the 20th century. They made the remarks at a commemorative programme organised by Uttarsuri: Noorjehan-Sarwar Murshid Sangskritik Kendra at Kabi Shamsur Rahman Seminar Room of Bangla Academy on Wednesday marking the 99th anniversary of the birth of Noorjehan Murshid.Researcher and Murshidabad Itihash…

Read More

St Paul’s Cathedral has not as yet physically erected the joint crescent-and-cross symbol – but it has done so figuratively. In 2019, St Paul’s held its first (but not last) “interfaith iftar” there, iftar being the ritual feast Muslims hold to break fasting after sunset during Ramadan. How is it possible to have an “interfaith” iftar? It is a specifically Islamic ceremony. It would be like having an “interfaith” Black Mass for Buddhists. How long before St Paul’s goes the way of Hagia Sophia in Constantinople/Istanbul and is forcibly transformed into a mosque outright? In 2017, meanwhile, as part of…

Read More

Afghan Voice Agency (AVA) – Mazar-Sharif: Seyed Sajjad Mousavi, head of the offices of Tabian Social Cultural Activities Center and Afghan Voice News Agency “Ava” in Balkh province, attending the ceremony of reading the Fatih and opening the memorial office of Martyr Ayatollah Raisi and his companions in the Consulate of the Republic Islamic Iran in the city of Mazar-e-Sharif said: First of all, I congratulate and offer my condolences to the presence of Imam Zaman (AS) and the leader of the Islamic Revolution and the great nation of Iran on the martyrdom of Ayatollah Raisi and his companions.   While…

Read More

  The meeting was held on Wednesday, as several heads of state and high-ranking delegations arrived in Iran to take part in a ceremony to honor the late Iranian President Ebrahim Raisi and his entourage. Haniyeh expressed condolences to Ayatollah Khamenei and to the Iranian government and nation. The leader, for his part, condoled the Hamas chief over the martyrdom of three sons of Haniyeh during a targeted Israeli attack. Ayatollah Khamenei also lauded the patience of Haniyeh. Praising the “extraordinary” resistance of the people of Gaza, Ayatollah Khamenei said, “Who could believe that one day slogans would be chanted…

Read More

(Last Updated On: May 22, 2024)High-ranking Islamic Emirate of Afghanistan (IEA) officials including the deputy prime minister, Mullah Abdul Ghani Baradar Akhund, and foreign minister Amir Khan Muttaqi, attended the late Iranian president Ebrahim Raisi’s funeral in Tehran on Wednesday. During his visit, the deputy prime minister will meet with Iranian government officials and the family of the late president in order to extend condolences on behalf of the Afghan people, Baradar’s office said in a statement. According to the statement, Muttaqi accompanied Baradar. Iran’s supreme leader presided over a funeral Wednesday for the country’s late president, foreign minister and…

Read More

  KABUL (BNA): The spokesman of the Islamic Emirate of Afghanistan, Zabihullah Mujahid announced that the national budget for the fiscal year 1403 of the Solar Hijri calendar has been approved by Supreme Leader. Zabihullah Mujahid, spokesperson of the Islamic Emirate of Afghanistan, announced on his X page that the financial budget for the year 1403 (Solar Hijri calendar) has been meticulously reviewed and approved by the Supreme Leader of the Islamic Emirate of Afghanistan after comprehensive assessments. Mujahed underlined that in the current fiscal year’s national budget, the needs and priorities of the people have been extensively considered, similar…

Read More

Strong demand seen from the eight primary dealers for both the 3-year and 5-year tranches of the sukukThe Ministry of Finance (MoF) in collaboration with the UAE’s central bank (CBUAE) announced the results of the Islamic treasury sukuk (T-sukuk) auction on Wednesday. This auction falls under the Islamic T-sukuk issuance program for the second quarter of 2024. The auction saw strong demand from the eight primary dealers for both the 3-year and 5-year tranches of the sukuk, with bids reaching AED9.81 billion ($2.67 billion) and an oversubscription of 8.9 times. This great demand reflects the T-sukuk’s attractive market prices, with…

Read More

By Yussif Ibrahim Ejisu (Ash), May 22, GNA – It will take a common voice from the Christian and Muslim communities in Ghana to get a presidential assent for the Anti-Gay Bill recently passed by parliament to become law, Sheikh Dr. Al-Hussein Zakaria, an Islamic Scholar, has posited. The Human Sexual Rights and Ghanaian Family Values Bill is yet to be signed into law by President Nana Addo Dankwa Akufo-Addo despite being passed unanimously by both sides of the legislative arm of government. The Presidency has cited pending lawsuits against the Bill in court as reason the President is unable…

Read More

Iran’s President Ebrahim Raisi is dead following a helicopter crash, Iranian state media said Monday morning.The Iranian minister of foreign affairs and the others onboard were also killed in the crash. Raisi’s administration began an emergency meeting on Monday following the news of his death.The helicopter carrying the officials crashed Sunday as it traveled through rainy and foggy conditions in the rural mountainous area near ​​Kalibar and Warzghan in northern Iran, near the borders with Azerbaijan and Armenia.The Red Crescent confirmed earlier Monday it had located the missing helicopter carrying Raisi, which had initially been said to have made a…

Read More

Jakarta (ANTARA) – Vice President Ma’ruf Amin stated that establishment of the regional committee for sharia economy and finance (KDEKS) aims to boost the sharia economy in regions and make a significant impact on the regional economy.At the inauguration of the West Sulawesi Provincial KDEKS in Mamuju, West Sulawesi, on Wednesday, VP Amin remarked that in the last five years, sharia or Islamic-based economy and finance had continued to grow amid the economic recovery period.He noted that the sharia economy has become one of the new sources for economic growth.”(It) increases productivity in the leading sectors of the halal value…

Read More

Iran’s hard-line President Ebrahim Raisi has long been seen as a protégé to Iran’s supreme leader and a potential successor for his position within the country’s Shiite theocracyBy JON GAMBRELL Associated PressMay 19, 2024, 11:19 AM ET• 3 min readDUBAI, United Arab Emirates — Iran’s hard-line President Ebrahim Raisi has long been seen as a protégé to Iran’s supreme leader and a potential successor for his position within the country’s Shiite theocracy.News of his helicopter making what state media described as a “hard landing” on Sunday immediately brought new attention to the leader, who already faces sanctions from the U.S.…

Read More