Author: islamnewsday
By Bernardo VizcainoDUBAI (Reuters) – New Malaysian standards for sharia-compliant equities are expected to attract more Islamic investment funds from the Gulf, a senior official of the country’s Securities Commission said.A revised list of Malaysian equities that qualify for Islamic investment, compiled by the commission, will take effect on Friday. It uses a new screening methodology which incorporates quantitative filters such as benchmarks for financial ratios, moving closer to the approach generally used in the Gulf.The change will help to internationalise Malaysia’s Islamic finance industry, Zainal Izlan Zainal Abidin, executive director of Islamic Capital Markets at the commission, said by…
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…
BEIRUT- In the wake of the shocking incident that befell President Seyed Ebrahim Raisi and his companions, the Lebanese people spent the night before their martyrdom pleading to the Almighty for their safety. This tremendous loss has revealed the wide popularity this exceptional scholar among them. It also reflects Iran’s great status in the hearts of the Lebanese especially since Seyed Ebrahim Raisi had various economic, developmental, political, and strategic achievements, and a remarkable presence in a number of international and regional forums, particularly those related to the Palestinian cause recently at the Riyadh summit and at the United Nations.…
BEIRUT- In the wake of the shocking incident that befell President Seyed Ebrahim Raisi and his companions, the Lebanese people spent the night before their martyrdom pleading to the Almighty for their safety. This tremendous loss has revealed the wide popularity this exceptional scholar among them. It also reflects Iran’s great status in the hearts of the Lebanese especially since Seyed Ebrahim Raisi had various economic, developmental, political, and strategic achievements, and a remarkable presence in a number of international and regional forums, particularly those related to the Palestinian cause recently at the Riyadh summit and at the United Nations.…
19 June 2021Updated 20 May 2024Iran’s President Ebrahim Raisi, who died in a helicopter crash on Sunday, was a hard-line cleric close to Iran’s Supreme Leader Ayatollah Ali Khamenei.His election in 2021 consolidated the control of conservatives over every part of the Islamic Republic.The 63-year-old former judiciary chief succeeded Hassan Rouhani after a landslide victory in a poll which saw many prominent moderate and reformist candidates barred and the majority of voters stay away.He took power as Iran faced multiple challenges, including acute economic problems, escalating regional tensions, and stalled talks on the revival of a nuclear deal with world…
ISLAMABAD (AP) — The Islamic State group has claimed responsibility for an attack on foreigners in central Afghanistan last week in which three Spanish citizens and three Afghans were killed.Seven people were wounded in the attack on Friday in on Bamiyan province, a major tourist area, according to Abdul Mateen Qani, a spokesman for the interior minister. He said seven suspects were arrested at the scene.The Islamic State group issued statements on its Aamaq news agency late Sunday that said IS fighters attacked a bus carrying tourists and their guides. “The attack was in response to the IS leaders’ directions…
How a NY Food Cart Is Becoming an International Brick-and-Mortar ChainBack in 1990, Egyptian immigrants Mohamed Abouelenein, Ahmed Elsaka and Abdelbaset Elsayed decided to try their luck at a quintessential New York venture—they opened a hot dog cart.But what they quickly learned was that the city didn’t need more hot dogs. Instead, Muslim cab drivers were urging them to serve halal foods, which adhere to the dietary practices required by Islamic law. Seeing how large the market was, and yet how hard it was to find halal food in the city, the partners revamped their menu and became The Halal…
WASHINGTON (Reuters) – The United States on Monday imposed sanctions on four companies and two people operating in Syria, Turkey, the Gulf and Europe for providing financial and logistical support to Islamic State.The targets were blacklisted under an executive order that imposes sanctions on terrorists and those who have provided assistance or support for terrorists, the U.S. Treasury Department said.Turkey-based Sahloul Money Exchange Company, Al-Sultan Money Transfer Company and ACL Ithalat Ihracat were targeted for providing financial and logistical support to Islamic State, as were Turkish nationals Ismail Bayaltun and his brother Ahmet Bayaltun.The Afghanistan-based Nejaat Social Welfare Organization and…
When Layla Soliz was forced to remove her hijab by Knox County Sheriff’s Office deputies when she was booked after being arrested with her husband and 10 other pro-Palestinian demonstrators the night of May 15, it marked a shocking interaction with the American justice system. It was her first time in handcuffs, her introduction to jail and the first time her religious rights were violated in a way that brings trauma to Islamic women. Jailers photographed her without her hijab, a Muslim head covering worn by women as part of their faith, and publicly posted the mug shot online,…
The Chelsea Flower Show has flourished as a highlight of the English social season for decades but one of this year’s gardens is made up of features from the past in a first for the increasingly climate-conscious institution.Organisers of the RHS Chelsea Flower Show have encouraged designers to explore the pressures that climate change is imposing on gardens and highlight the new innovations that cope with the altered conditions.Darryl Moore, director of Cityscapes, had the task of retrieving parts of former award-winning gardens for the new display.”We’ve created it using elements from previous Chelsea shows,” he told The National. “We…
Bank Muamalat, aiming to become a leading digital Islamic bank, announced a partnership with Backbase, a global leader in engagement banking. This collaboration, along with Mambu for core banking, marks a significant step in Bank Muamalat’s digital transformation journey.A Customer-Centric ApproachDriven by a desire for a better customer experience, Bank Muamalat is leveraging technology to create a unified digital Islamic banking experience. The Backbase platform will act as the foundation, facilitating onboarding, transactions, financing, and customer service. This allows Bank Muamalat to personalize banking journeys for its diverse customer base in Malaysia.A Super App for Modern BankingA key part of…
Mona Thakkar is a research fellow at the International Centre for the Study of Violent Extremism, where she focuses on monitoring militant jihadist groups and their financial networks. Follow Mona on X: @ t16_mona Anne Speckhard, Ph.D., is Director of the International Center for the Study of Violent Extremism (ICSVE) and serves as an Adjunct Associate Professor of Psychiatry at Georgetown University School of Medicine. She has interviewed over 700 terrorists, their family members and supporters in various parts of the world including in Western Europe, the Balkans, Central Asia, the Former Soviet Union and the Middle East. In the…
Morocco is hosting seven Qatari artists for an educational trip as part of the Qatar-Morocco 2024 Year of Culture to explore Islamic art, architecture, and traditional crafts, culminating in an exhibition at the Museum of Islamic Art in Doha. Morocco is taking seven Qatari artists on a special educational trip to Morocco as part of the Qatar-Morocco 2024 Year of Culture. The annual program, organised in partnership with the Museum of Islamic Art (MIA), aims to support artists and provide them with new skills in traditional and Islamic arts. During this trip, artists visit cities and historical sites to see…
A 63-member delegation, comprising students and faculty from the Department of Political Science at International Islamic University, visited the Parliament House ISLAMABAD, (UrduPoint / Pakistan Point News – 21st May, 2024) A 63-member delegation, comprising students and faculty from the Department of Political Science at International Islamic University, visited the Parliament House.Officials from the Upper House warmly welcomed the students, who were excited to have the opportunity to explore the inner workings of the country’s legislative body.During their visit, the delegation received a comprehensive tour of the Senate Museum. They were shown a documentary about the history and functioning of…
The 1st AlBaraka Summit in Istanbul, where the future path of the Islamic economy on a global scale will be explored and is set to be attended by President Recep Tayyip Erdoğan, will be held on May 24-25. The summit is organized by the AlBaraka Forum for Islamic Economy in partnership with the Investment Office of the Presidency of the Republic of Türkiye, the Istanbul Financial Center (IFC), the Türkiye Wealth Fund (TWF), Ibn Haldun University and Islamic Cooperation Youth Forum (ICYF). The two-day event will take place at the Istanbul Lütfi Kırdar International Convention and Exhibition Center. Building on…
THERE is a consensus among the four Sunni jurisprudences, Hanafi, Maliki, Shafi, and Hanbali, for the last 1400 years of Islamic tradition of knowledge that suicide is unlawful in Shariah, as Allah says in the Quran, chapter 4, verse 29: “And do not kill yourselves.” In numerous sayings, the Holy Prophet (PBUH) denounced suicide as “haram” in Islam, a major sin punishable by hellfire. Unfortunately, the glorification of suicide bombings by Al-Qaeda, ISIS, and the Taliban is a blatant violation of Islamic teachings. Terrorist leaders’ promotion of suicide attacks is a “Haram” tactic of fear and intimidation, aimed at mass…
The authorities of Azerbaijan conveyed condolences to Iran on Monday over the death of the Islamic Republic’s President Ebrahim Raisi, Foreign Minister Hossein Amir-Abdollahian, and other high-level government officials in a helicopter crash. “We were deeply shocked by the news of the tragic loss suffered by friendly and brotherly Islamic Republic of Iran, and its people — the fatal helicopter crash that claimed the lives of Seyyed Ebrahim Raisi, President of the Islamic Republic of Iran, Foreign Minister Hossein Amirabdollahian, and other accompanying persons,” President Ilham Aliyev said in a letter to Iran’s Supreme Leader Ayatollah Ali Khamenei. …
DUBAI, United Arab Emirates (AP) — Iranian President Ebrahim Raisi and the country’s foreign minister were found dead Monday hours after their helicopter crashed in fog, leaving the Islamic Republic without two key leaders as extraordinary tensions grip the wider Middle East.Supreme Leader Ayatollah Ali Khamenei, who has the final say in the Shiite theocracy, quickly named a little-known vice president as caretaker and insisted the government was in control, but the deaths marked yet another blow to a country beset by pressures at home and abroad.Iran has offered no cause for the crash nor suggested sabotage brought down the…
18 June 2021Updated 20 May 2024Iran’s President Ebrahim Raisi has been killed in a helicopter crash, paving the way for fresh presidential elections in the country.But the hardline cleric’s sudden demise is not expected to significantly affect politics in the Islamic Republic, especially when power ultimately rests with the country’s supreme leader.What will happen in Iran now? Iran’s constitution is straightforward when it comes to a president being incapable of executing his duties due to illness, death, or impeachment and removal by parliament.Following Mr Raisi’s death, Supreme Leader Ayatollah Ali Khamenei appointed First Vice-President Mohammad Mokhber to run the affairs…
UNITED NATIONS, May 21 (APP): Pakistan, speaking for the Organization of Islamic Cooperation (OIC), told a resumed session of the long-running negotiations to reform the UN Security Council that the 57-nation group would not accept any proposal that does not ensure “adequate representation of the Islamic Ummah” in an enlarged Council. In this regard, Ambassador Munir Akram said that the Security Council reform was discussed at the recent Islamic Summit in Banjul, the Gambia, where the communique, which was adopted, said that efforts to expand the 15-member body should not be subjected to any artificial deadlines and that a decision…
The death of Iran’s president is unlikely to lead to any immediate changes in the country’s ruling system or to its overarching policies, which are decided by Supreme Leader Ayatollah Ali Khamenei.But Ebrahim Raisi, who died in a helicopter crash on Sunday, was seen as a prime candidate to succeed the 85-year-old supreme leader, and his death makes it more likely that the job could eventually go to Mr Khamenei’s son.A hereditary succession would pose a potential crisis of legitimacy for the Islamic Republic, which was established as an alternative to monarchy but which many Iranians already see as a…
The 6th edition of the Assembly of Experts opened on Tuesday morning. On this occasion, the Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei issued a message. In this message, the Leader of the Islamic Revolution called the Assembly of Experts the epitome of Islamic democracy and invited the awakened consciences of the whole to think about and pay attention to the comprehensive and stable plan of Islamic governance. In the Islamic system, the goals are divine, the Leader stressed. Referring to the ongoing US-backed Israeli genocidal war in the Gaza Strip, Ayatollah Khamenei said that the support of…
The President of the Islamic Culture and Relations Organization, Mohammad Mahdi Imanipour, has mourned the passing of the President of the Islamic Republic of Iran, Ebrahim Raisi. President Ebrahim Raisi and seven other people were killed on Sunday when the helicopter they were travelling in came down near the border with Azerbaijan, Iranian authorities have confirmed. “The sad news of the martyrdom of Ayatollah Raisi, the popular, committed, and hardworking President of the Islamic Republic of Iran, and his honorable companions immersed everyone in indescribable grief and sorrow,” he said in a statement. He added, “This true follower of the school…
The 6th session of the Assembly of Experts begins with a ceremony in the Iranian capital of Tehran on May 21, 2024. (Photo by Tasnim news agency) Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei has described Iran’s Assembly of Experts as “the embodiment of Islamic democracy.” In a message read out at the opening of the 6th session of the Assembly of Experts on Tuesday, Ayatollah Khamenei highlighted the important position of the 88-member body in Iran’s Islamic establishment. “The Assembly of Experts is the epitome of Islamic democracy. It is responsible for electing the Leader according to Islamic criteria,…
Sri Lanka has launched an investigation to obtain information on four of its citizens with links to the banned Islamic State, who were arrested in India when on an alleged mission to carry out terror activities in the country, a media report said on Tuesday. Acting on a tip-off, the Gujarat Anti-Terrorist Squad (ATS) on Sunday apprehended four Sri Lankan nationals at the Sardar Vallabhai Patel airport in Ahmedabad after they travelled from Colombo via Chennai. The men travelled to India to carry out terror activities at the behest of the banned terror outfit Islamic State (IS) and are members…