Author: islamnewsday
The terrorist group Islamic State (IS) announced today the death of its leader, Abu al Hussein al Husseini al Qurashi, appointed in November 2022, and designated Abu Hafs al Hashimi al Qurashi as the new “caliph”, according to an audio released by the audiovisual production company Al Furqan, close to the jihadists.”We express the condolences of (…) the soldiers of the Islamic State for the death of the caliph of the believers, Abu al Hussein al Husseini al Qurashi,” said IS spokesman Abu Huzaifa al Ansari in the audio.Likewise, he announced that after Al Qurashi’s death the “advisors” of the…
Country ranks as the fourth largest Islamic financial markets in the worl Read more… Published: Mon 3 Jun 2024, 7:50 PM The assets of Islamic banks operating in the UAE jumped $23.41 billion to surpass $195 billion, according to the Central Bank of the UAE. The CBUAE data showed that the assets of Islamic banks reached Dh717.7 billion ($195.39 billion) at the end of February 2024, an annual increase of 13.61 per cent compared to Dh631.7 billion ($171.98 billion) at the end of February 2023. The sustained remarkable growth recorded by the UAE’s Islamic banks over the past years has…
Home » General » The International Islamic Trade Finance Corporation (ITFC) Signs Memorandum of Understanding on Mutual Business Cooperation with Qatar Development Bank The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org) and Qatar Development Bank (QDB) have announced the signing of a Memorandum of Understanding (MoU) to bolster mutual business cooperation. The MoU aims to support QDB’s SME Export Development Program and enhance the capabilities of Qatari entrepreneurs and innovators, as well as small and medium enterprises (SMEs), to compete effectively in the global market. The agreement was signed by Mr. Abdulrahman Hesham Al-Sowaidi, Chief Executive Officer of QDB, and…
David Martin Jones, who has died aged 73, was a maverick, conservative author and lecturer on political theory, militant Islamic movements, geopolitics and what are now called “culture wars”.In 2015 he argued that the Islamic State was a “death cult”, a characterisation quickly adopted by many others including Tony Abbott, then Prime Minister of Australia, and Boris Johnson, then an MP. Jones applied the same term to Hizbollah and Hamas.He did not view these groups as freedom fighters, but rather as terrorists enamoured of savagery against others and death for themselves in preference to living in anything resembling a liberal…
Central Bank of Nigeria (CBN) Governor, Yemi Cardoso, has revealed that the creation of Islamic banking in Nigeria was fast-tracked by a pastor contrary to views making the rounds that such banking was the idea of Islamic scholars. Ably represented by the CBN Director of Legal Services, Kofo Salam-Alada, at a reception set aside to honour the Secretary-General, Organisation of Islamic Cooperation Arbitration Centre, Dr Umar Oseni, in Abuja, Cardoso said that the individual who set in motion the creation of these banks was to be a part-time pastor of the church contrary to general views, after which Prince (Emir…
Malaysia’s prime minister spoke at the Turath Islami Festival held in the State of Selangor, which celebrated Islam’s intellectual heritage. According to Anwar, the development of Artificial Intelligence has been based so far on Western ideas and concepts, but in Malaysia, it must “not stray from the Islamic moral system and values.” Kuala Lumpur (AsiaNews) – Islamic traditions and principles will have to be applied in the use of artificial intelligence in Malaysia. So far, the development of the technology has been based on Western ideas and concepts, this according to Malaysian Prime Minister Anwar Ibrahim. “The field of artificial…
Home » General » Islamic Development Bank Institute Concludes Training for Staff of Libyan Financial Institutions Download logoThe Islamic Development Bank Institute (IsDBI) (https://IsDBInstitute.org/) organized two training programs on “Introduction to Islamic Finance” and “Islamic Finance Shari’ah and Accounting Standards”, delivered during the period 19-30 May 2024 in Tunis, Tunisia. The programs were for staff of Libyan financial institutions, organized as a part of an IsDBI technical assistance grant for capacity building in Islamic finance for the Ministry of Finance of Libya. The objective of the grant is to develop the capacity of the Libyan financial institutions and their staff,…
Subscribe to updates Unsubscribe from updates Download logoThe Islamic Development Bank Institute (IsDBI) (https://IsDBInstitute.org/) organized two training programs on “Introduction to Islamic Finance” and “Islamic Finance Shari’ah and Accounting Standards”, delivered during the period 19-30 May 2024 in Tunis, Tunisia. The programs were for staff of Libyan financial institutions, organized as a part of an IsDBI technical assistance grant for capacity building in Islamic finance for the Ministry of Finance of Libya. The objective of the grant is to develop the capacity of the Libyan financial institutions and their staff, helping them gain a robust understanding of Islamic finance principles.…
BANDAR SERI BEGAWAN (Borneo Bulletin/ANN): Brunei’s Islamic financial sector continues to soar, with assets reaching a staggering BND13.3 billion in 2023, comprising 57.2 per cent of the nation’s financial market share. This remarkable growth was celebrated at the Brunei Darussalam Islamic Finance Symposium 2024, held at Balai Khazanah Islam Sultan Haji Hassanal Bolkiah. Minister at the Prime Minister’s Office and Minister of Finance and Economy II Dato Seri Setia Dr Awang Haji Mohd Amin Liew bin Abdullah hailed the sector’s development as a catalyst for economic prosperity. In his keynote address as the guest of honour, he emphasised the pivotal…
Afghan Voice Agency (AVA) – International Service: 8 people, including three children, were martyred in the bombardment of two residential houses by the Zionist regime in al-Rumidha area in the east of Khan Younis city, located in the south of the Gaza Strip. On the other hand, the Islamic resistance of Iraq this morning targeted a vital target in the port city of Haifa, located in the north of occupied Palestine, with a drone. Follow the most important developments of the 241st day of the Al-Aqsa storm operation below: The Israeli command headquarters in the occupied Golan…
The Islamic State terrorist group urged its supporters to launch more attacks against Israel, during a speech delivered by its new spokesman Abu Omar al Muhajjir on the occasion of the month of Ramadan, holy for Muslims.Six Israelis were recently murdered in two attacks carried out in the cities of Beer Sheva and Hadera by Israeli Arabs sympathizing with the jihadist group.The Islamic State claimed responsibility for both attacks, although it does not appear that the terrorists received direct instructions from the organization to carry out these attacks.Al Muhajjir urged his supporters to “arm themselves and carry out more attacks.”He…
Israel today formally accused Basam al Sadi, leader of the Palestinian Islamic Jihad (PIJ), of membership and activity in a terrorist organization. Palestinian in Judea and Samaria, whose arrest on August 1 sparked clashes for three days between Israeli troops and that group’s militias in Gaza.«The Military Prosecutor’s Office presented an accusation against Basam al Sadi for crimes of membership and activity in an illegal association, the Islamic Jihad terrorist organization. He has also been accused of impersonation, incitement and aiding contact with enemy elements », a military spokesman said in a statement.According to the indictment, Sadi was involved in…
According to polls, the elections in Israel scheduled for March 2, which are taking place for the third consecutive time in approximately a year, would not be able to break the political stalemate.However, there are two factors that could decisively and unpredictably alter the political equation: an outbreak of the COVID-19 virus, known as coronavirus, and a large-scale war conflict in Gaza.In relation to the coronavirus, the Government seems to have preferred to act with formidable zeal, to the point of restricting the entry of visitors from Southeast Asian countries, such as China, Japan, South Korea, Singapore and Thailand. This…
Basam al Sadi, leader of the Palestinian Islamic Jihad (PIJ) and whose arrest last year sparked clashes between Israeli troops and militias of that terrorist group in Gaza, He was sentenced to 22 months of suspended prison after pleading guilty to “terrorist” activity, the Israeli Army reported.”The Military Prosecutor’s Office accepted Al Sadi’s plea agreement and sentenced him to 22 months in prison,” the Army said in a statement.The agreement was reached after a mediation process before a military judge, while the sentence will run from his arrest on August 1, 2022 and will be conditional, subject to the payment…
The Organization of Islamic Cooperation (OIC) condemned on Sunday Israeli attempts to classify the UN agency for Palestinian refugees (UNRWA) as a “terrorist organization.”In a statement, the pan-Islamic grouping “strongly denounced Israel’s illegal measures to undermine the status and role of the UNRWA through attempts to classify it as a ‘terrorist organization’ and strip it of immunities and privileges granted to its employees.”These attempts “come amid an escalation of direct attacks on the agency’s facilities (in the Gaza Strip), which led to the killing of 192 of its employees,” it added.On Wednesday, the Knesset (Israel’s parliament) advanced a bill to…
The Consultative Council of Sharjah, during its eleventh session held at the council’s headquarters, focused on the Islamic Affairs Department in discussions and the presentation of questions and proposals. The session, convened in Sharjah as part of its regular proceedings for the eleventh legislative term, was chaired by Dr. Abdullah Belhaif Al Nuaimi, the council’s Chairman. Abdullah Khalifa Yaroof Al Sabousi, Head of the Islamic Affairs Department in Sharjah emphasised the recent rapid development of the department, citing increased numbers and improved quality of mosques, expanded religious and educational outreach, and enhanced community collaboration. He affirmed the department’s developmental role…
By Lt. Col. (Ret.) Michael SegallOperation “Shield and Arrow” constituted the first round of hostilities at a time when Iran characterized Israel at the depth of its weakness and the Resistance Camp at the height of its strength. The end of this round actually exposed Iran in its weakness.The President of Iran, Ibrahim Raisi, visited Syria on May 2 and 3, 2023, just two weeks before the latest fighting, where he met with “commanders of the Palestinian Resistance”, the leader of the Palestinian Islamic Jihad (PIJ). , Ziyad Nakhalah, and senior Hamas member Khalil al Hayya. “Today more than ever,”…
London Central Criminal Court Photo: Luca Nebuloni Flickr Wikimedia CC BY 2.0The members of a terrorist cell calling itself “The Three Musketeers”, who planned to commit a murder in London similar to the one perpetrated in 2013 against soldier Lee Rigby, were sentenced to life imprisonment.Naweed Ali, 29, Khobabi Hussain, 25, and Mohibur Rahman, 33, from the West Midlands (central England) were found guilty of conspiring with the intention of attacking police and military targets on British soil.According to a judge at a hearing at the Old Bailey criminal court in the center of the capital, Ali, Rahman and Hussain…
French soldiers open fire during an International Coalition mission on the Euphrates River against pockets of the Islamic State Photo: US Army / Gyasi Thomasson «Coalition forces carried out a counterterrorism operation to capture a senior leader of IS (…) The captured individual is an experienced bomb maker and operational facilitator who became one of the top leaders of the Syrian branch of IS,” the alliance announced in a statement.The international mission, established in 2014 to fight against jihadist formation in Iraq and Syria, limited itself to ensuring that no civilians or members of its ranks were injured during the…
The president of the United States, Donald Trump, authorized providing heavy weapons to the main Syrian Kurdish militia, the People’s Protection Units (YPG, for its acronym in Kurdish) to recapture the Syrian city of Al Raqa, the White House spokesman reported. , Sean Spicer.”The president authorized the Department of Defense to provide the Kurdish elements of the Syrian Democratic Forces (SDF) with whatever is necessary to ensure a clear victory in Al Raqa, Syria,” Spicer noted.Trump’s decision aims to support the operation of the main Syrian Kurdish militia, the People’s Protection Units, integrated into the FSD to recover the city…
12th Session of the Islamic Conference of Tourism Ministers (12th ICTM) The 12th Session of the Islamic Conference of Tourism Ministers (12th ICTM), convened in Khiva, Uzbekistan, concluded with the announcement of the OIC Cities of Tourism for the upcoming years. Dakar, Senegal, Cairo, Egypt, and Lahore, Pakistan, have been selected as the OIC Cities of Tourism for 2025, 2026, and 2027, respectively. The Conference applauded the detailed plans outlined by relevant OIC institutions for the celebration of Khiva as the OIC City of Tourism for 2024. It urged member states to actively engage in the various activities planned for…
First published: 03-Jun-2024 07:13:04Muscat: As part of its commitment to advancing the digital banking landscape, National Bank of Oman’s (NBO) Muzn Islamic Banking is introducing a digital onboarding journey to provide unparalleled convenience for its customers. Its seamless three-step service enables prospective customers to open an account at their convenience, anytime and anywhere, using just the Muzn App. Through this innovation, Muzn is simplifying the account opening process making it faster, easier, and more accessible.Salima Al Marzooqi, Assistant General Manager & Chief Islamic Banking Officer at NBO, said: “We are thrilled to offer our customers not just simplicity and efficiency, but also…
Imam Khomeini was a Muslim cleric and Marja, as well as the political leader of the 1979 Islamic Revolution of Iran, which overthrew Mohammad Reza Pahlavi, the last Shah of Iran. After the Revolution, he became the Leader of Iran, the paramount figure in the political system of the new Islamic Republic, until his passing. Imam Khomeini was a brave and thoughtful leader who understood the issues of Iran and the Muslim World. His religious, social, cultural, and political ideas remain influential even three decades after his demise. Imam Khomeini, the founder of the Islamic Revolution of Iran, passed away…
02 June 2024Tashkent, June 02 (QNA) – The State of Qatar, represented in Qatar Tourism, participated in the 12th session of the Islamic Conference of Tourism Ministers (ICTM), which was held on Sunday in Khiva, Uzbekistan, under the theme “Development of the Tourism Industry in a Sustainable and Resilient Way.” The Conference endorsed the State of Qatar as the host country for the 13th Session of ICTM in 2026 and urged member states and OIC institutions to actively participate in that session. The ICTM aims to develop and cooperate in the field of tourism and decisions related to this field,…
Islamic StateSeumas Milne, director of strategy and communications for British Labor Party leader Jeremy Corbyn, suggested the existence of complicity between Israel and the Islamic State during a conference on the Middle East in June 2005, according to a recently revealed video. by journalist Iggy Ostanin.This type of conspiratorial statement, which is gaining followers among the Western left, although foolish, is very common in the Arab and Muslim world, notes analyst Jonathan Spyer, in a Facebook message.Spyer suggests that the intention of this myth is to exonerate Sunni political Islam and Arab political culture in general from any responsibility for…