Author: islamnewsday
The leaders of the United Arab Emirates extend their heartfelt greetings as the country celebrates Eid al-Adha, also known as the “Feast of Sacrifice” which is an Islamic festival commemorating the willingness of Ibrahim (Abraham) to sacrifice his son as an act of obedience to God’s command. It is a significant occasion observed by Muslims worldwide. His Highness Sheikh Mohamed bin Zayed Al Nahyan, the President of the United Arab Emirates and the Ruler of Abu Dhabi, took through X his sincerest wishes saying, “I wish my brothers, the Rulers of the Emirates, citizens and residents of the UAE, and…
Chief Justice Qazi Faez Isa, on Saturday, stated that the constitution is flawed in execution rather than in substance or spirit.Addressing a ceremony, the top judge advocated for measures to ensure women’s representation in all aspects of life.“There are numerous positive aspects of our culture that we frequently overlook. The first word revealed in the Holy Quran is ‘Iqra’ (Read), which makes no distinction between men and women. Education should be made compulsory for all children aged 5 to 16, as Islam requires all Muslims, both men and women, to acquire knowledge.”He also addressed the issue of honor killings, emphasizing…
Image caption, More than 140 people were killed in an IS attack on a concert hall in Moscow in MarchArticle informationAuthor, Frank GardnerRole, BBC security correspondent 29 June 2024It is exactly 10 years since the self-styled Islamic State (IS) group proclaimed its caliphate, announced to the world days later by its founder Abu Bakr al-Baghdadi from the Nuri Mosque in Mosul. Also known as Isis or Daesh in Arabic, the group took over huge swathes of Syria and Iraq, imposing its severe version of Shariah (Islamic law), meting out cruel punishments and murders, then posting the videos online.For the next…
The exchange says all its listed companies issue sustainability reports. In this podcast, Eco-Business’ Middle East correspondent, Rachel Kelly sits down with Matthias Büchler, chief strategy and transformation officer at ADX to discuss sustainability as a key pillar of growth for ADX, and the role COP28 has played in shaping the environmental, social and governance (ESG) investment narrative in the region. ADX’s chief strategy and transformation officer Matthias Büchler. Image: Abu Dhabi Securities Exchange Sustainability is a very broad term which can mean many things to many people. What does sustainability mean to you? Sustainability is a core pillar at ADX, in…
Getty Ramadan is a sacred time of year for Muslims.Recognized as the ninth month of the Islamic calendar and a holy month of fasting, the religious holiday marks the time when Muhammad received the initial revelations that would become the Quran.Reading the Quran, Islam’s holy book, is among the rituals practiced throughout the 29 to 30 days — but the most significant tradition synonymous with Ramadan is fasting.Fasting during the month of Ramadan is one of the Five Pillars that make up the core of Islam, in addition to the profession of faith (Shahada), prayer five times a day (Salat),…
BAGHDAD (AP) — A decade after the Islamic State militant group declared its caliphate in large parts of Iraq and Syria, the extremists no longer control any land, have lost many prominent leaders and are mostly out of the world news headlines. × This page requires Javascript. Javascript is required for you to be able to read premium content. Please enable it in your browser settings. kAm%96 8C@FA E92E @?46 2EEC24E65 E6?D @7 E9@FD2?5D @7 7:89E6CD 2?5 DFAA@CE6CD 7C@> 2C@F?5 E96 H@C=5 E@ 4@>6 E@ $JC:2 2?5 xC2B[ 2?5 2E :ED A62< CF=65 2? 2C62 92=7 E96 D:K6 @7…
By Maja ZuvelaSARAJEVO (Reuters) – Sixty Bosnian Muslim couples held a religious wedding ceremony in the capital Sarajevo on Thursday in what organisers said was one of the biggest Islamic mass weddings in Europe, designed to make it easier for young people to start families.Bosnia officially recognises only civil weddings. The couples, who were already legally married, attended the Muslim ceremony for religious or cultural reasons.”The wedding is a special day for everybody but getting married in this way and with so many couples around will be something we will remember for life,” 31-year-old Almin Cutuk told Reuters.A charity that…
Fri 28 Jun 2024 | 11:37 PM Dr. Saleh Bin Brahim Al Qasoumi, Chairman of the Governing Board The 51st Session of the Governing Board of the Islamic University of Technology (IUT) convened, in Dhaka, Bangladesh. The meeting was chaired by Dr. Saleh Bin Brahim Al Qasoumi, Chairman of the Governing Board of IUT and Professor of Pharmacognosy at King Saud University, Kingdom of Saudi Arabia. At the outset of the meeting, Dr. Ahmad Kawesa Sengendo, the Assistant Secretary-General for Economic Affairs and Acting Assistant Secretary-General for Science and Technology expressed sincere appreciation on behalf of H.E Mr. Hissein Brahim…
SAJIBUR RAHMAN | Published: June 28, 2024 22:53:51 Amid the ongoing economic turbulence and constrained money flow, Islamic banks further slashed their spending on corporate social responsibility (CSR) activities in the first quarter of 2024. CSR expenditure by the banks during the January-March period of this calendar year reached Tk 0.85 billion — a massive decline of 34.11 per cent compared to Tk 1.29 billion spent in the previous October-December quarter of 2023, according to Bangladesh Bank (BB) data.This latest fall follows a downtrend in the first half of 2023. CSR spending by Islamic banks saw a nearly 30.95 per…
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The two leaders emphasize the importance of cooperation between Resistance forces in supporting the valiant Resistance in Gaza and its steadfast and honorable people. Hezbollah Secretary General, Sayyed Hassan Nasrallah, meets with the Secretary-General of the Islamic Group in Lebanon, Sheikh Mohammed Taqoush. (Social media) Hezbollah Secretary-General, Sayyed Hassan Nasrallah, discussed on Friday the latest political and security developments in Lebanon and the occupied Palestinian territories with the Secretary-General of the Islamic Group in Lebanon, Sheikh Mohammed Taqoush. The two leaders emphasized the importance of cooperation between Resistance forces in supporting the valiant Resistance in Gaza and its steadfast and…
The groups affected include GUD, known for violence and antisemitism. Its members have supported far-right political leader Marine Le Pen in the past.Le Pen’s National Rally party is leading all polls ahead of the two-round elections, June 30 and July 7, while Macron’s centrist alliance is lagging far behind. However, the outcome remains highly uncertain due to the complex, two-stage voting system and potential political alliances.This is not the first time the French government has moved to dissolve groups it believes infringe on security and human rights, but the pre-election timing of Wednesday’s announcement appeared to send a clear message…
Khadija A., half-sister of Boubaker El-Hakim who was killed in 2016, was prosecuted for having joined him in Syria in 2015 with her four-year-old daughter. Published 06/27/2024 11:05 PM Reading time: 1 min The Paris Criminal Court, February 1, 2023. (RICCARDO MILANI / HANS LUCAS / AFP) A four-year prison sentence, including eighteen months in prison, to be served under an electronic tag, was handed down on Thursday, June 27, to Khadija A., half-sister of Boubaker El-Hakim, one of the French leaders of the Islamic State (IS) organization. This 43-year-old Tunisian was prosecuted for having joined her brother in Syria…
KUALA LUMPUR (June 27): The study report by the Special Committee to Review the Competency of the State Legislative Assemblies to Enact Islamic Laws is expected to be completed before the end of the year.Deputy Minister in the Prime Minister’s Department (Religious Affairs) Dr Zulkifli Hasan said the report will be presented to the National Council for Islamic Religious Affairs (MKI) and the Council of Rulers upon completion.Zulkifli said the committee has been actively working and has held 22 meetings so far.“The committee will prepare a comprehensive report that includes the study results and perspectives on all relevant issues within a period not…
The Ministry of Islamic Affairs, Dawah, and Guidance provided approximately 1,485,000 religious services during this year’s Hajj season starting from the beginning of Dhu al-Qi’dah in 1445 AH, benefiting over 2 million pilgrims, Umrah performers, and visitors., SPA reports. The services included directing and guiding pilgrims in various locations in Makkah and Madinah, the central area, and the Holy Sites in international languages. More than 600 male and female preachers and translators participated, utilizing the latest technologies and devices to educate and guide pilgrims, answer their inquiries, and promote the values of moderation and cautioning against extremism.Minister of Islamic Affairs,…
The oversubscription highlighted the bank’s financial strength and prudent managementSharjah Islamic Bank (SIB) successfully closed a $500 million sukuk issuance in the international capital markets. The offering received a strong response from global investors, attracting orders that peaked at $1.5 billion, over 3 times the initial target. Sukuk details and pricing The 5-year sukuk was further priced at a spread of 105 basis points (bps) over 5-year U.S. Treasuries, bearing a profit rate of 5.25 percent per annum and maturing on July 3, 2029. The bank was able to tighten the pricing by 35 bps from the initial price guidance…
Mashreq Pakistan, a part of Mashreq which is the leading financial institution in the MENA region, has announced a significant milestone in its foray into Pakistan. Mashreq Pakistan has been granted In-Principal Approval (IPA) by the State Bank of Pakistan to commence its Islamic Banking operations within the country. This is a pivotal moment that reaffirms the Bank’s commitment to providing ethical, innovative and robust banking system that aligns with the principles of Shariah, thereby contributing to the nation’s financial landscape and becoming a catalyst for its future growth. Mashreq is actively progressing towards acquiring a restricted license from the…
Photo Credit: Photo provided by IDF SpokespersonFadi al-Wadiya, a rocket specialist for Palestinian Islamic Jihad in a photo released by the Israeli military. Fadiya,, who also worked for Doctors Without Borders, was killed in an airstrike on June 25. The Israel Defense Forces released photos of Palestinian Islamic Jihad rocket specialist Fadi al-Wadiya wearing the terror group’s uniform after Doctors Without Borders confirmed he was a staffer but denied he was a terrorist. Wadiya was killed in an airstrike in northern Gaza on Tuesday while bicycling to work. “A physical therapist by day and a jihadist saboteur by night,” posted…
Islamic Development Bank commits $2bn to Kazakhstan’s infrastructure development The Islamic Development Bank has committed up to $2bn to bolster crucial projects in Kazakhstan’s water management and transport sectors. This commitment comes as part of a Framework Program Agreement signed between the Government of Kazakhstan and the Islamic Development Bank during a forum organized by the OPEC Fund for International Development.Photo: Islamic Development Bank commits $2bn to boost Kazakhstan’s water managementSource: Official information resource of the Prime Minister of the Republic of Kazakhstan The agreement, finalized by Deputy Prime Minister and Minister of National Economy Nurlan Baibazarov marks a milestone in…
On the fortieth day after the death of the Iranian President Sayyed Ebrahim Raeisi and his companions in the tragic incident, Hezbollah Secretary General Sayyed Hasan Nasrallah addressed the memorial held in Tehran to mourn the martyrs through a recorded video message, Al-Manar TV English website reported. Nasrallah offered again, on behalf of all the Resistance fighters and factions, the martyrs families and the Iranian leadership and people deep condolences on the major loss. Undoubtedly, the incident was very painful, yet believers always accept the fate decided by Holy God, Sayyed Nasrallah affirmed, adding that, as Imam Khamenei…
Islamic banking in the Philippines is expected to gain ground, especially in Mindanao, as the sector benefits from a strong regulatory push, S&P Global Ratings said. However, Islamic banking is projected to have a small share of total banking sector assets, and operations will likely be limited to the Muslim-majority region of Mindanao, Nikita Anand, an analyst at S&P said in an interview. “Our view is that there is a lot of regulatory push and support in the Philippines in order to improve financial inclusion,” Anand said. ”The launch of new Islamic banks will improve financial access for underserved regions…
PARIS — France’s government on Wednesday ordered the dissolution of multiple extreme right and radical Muslim groups, four days before the first round of high-stakes legislative elections that may see a surge in support for political extremes.Snap national elections called by pro-business moderate President Emmanuel Macron have plunged the country into a hasty and disorderly electoral race, in which hate speech is becoming a growing concern.Interior Minister Gerald Darmanin announced Wednesday that the government ordered the shutdown of several groups peddling extremist hatred. A series of decrees announcing the shutdown outlined investigations into the groups and said they posed risks…
WASHINGTON – U.S. intelligence and security officials are increasing their focus on the country’s southern border, worried the constant flow of migrants has attracted the attention of the Islamic State terror group.The heightened concern follows the arrests earlier this month of eight men from Tajikistan, all of whom entered the United States via its southern border with Mexico, some making the trip over a year ago.While the initial background checks came up clean, U.S. law enforcement subsequently turned up information indicating potential ties to the Islamic State group, also known as IS or ISIS.”It’s not lost on us that the…
Tel Aviv [Israel], June 27 (ANI/TPS): The Israel Defense Forces released photos of Palestinian Islamic Jihad rocket specialist Fadi al-Wadiya wearing the terror group’s uniform after Doctors Without Borders confirmed he was a staffer but denied he was a terrorist. Wadiya was killed in an airstrike in northern Gaza on Tuesday while bicycling to work.”A physical therapist by day and a jihadist saboteur by night,” posted the IDF’s Arabic spokesperson, Lt. Col. Avichay Adraee on X, formerly known as Twitter on Wednesday night.Also Read | Brazilian Wax Services for Transgender Woman? Salon Owner’s Misassumption Causes Controversy, Court Rules Against Mad…
Analysis of a windfall of data from inside Islamic State shows fighters of more than 70 nationalities joined the ruthless jihadist group, researchers said after examining thousands of records. The treasure trove came from an IS defector who handed over some 11,000 personnel files to US television network NBC, although more than half were found to be duplicates. NBC then passed 4,600 of the documents to the Combating Terrorism Center (CTC), which is based at West Point but independent from the US military academy. The documents are one of several large-scale leaks from within IS this year. Thousands of apparent…