Category: Islamic Finance

EditorAugust 8, 2022
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12min00
By Shahbaz Alam Nadwi The global Islamic economy has gained an increasingly strong foothold in the world economy, driven by increasing Muslim consumer demand for dedicated products and services compliant with Islamic law that has developed the global sub-sectors of Halal food, Islamic financial services, cosmetics and pharmaceuticals, modest fashion, Muslim friendly travel, and Islamic-themed […]

EditorMarch 26, 2022
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4min00
New Delhi: Jamaat-e-Islami Hind (JIH) President Mr.Syed Sadatullah Husaini has launched a charitable body, Zakat Center India (ZCI). In an event held at the JIH Headquarters, the JIH President has asserted that Zakat, which is one of the Five Pillars of Islam, is not only an act of worship but also an instrument of self-purification. He […]

EditorJanuary 9, 2022
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6min01
By Danish Reyaz Although the commercial banking system has propagated to far-flung areas, a large chunk of people, especially the poor, still remain out of their bounds. Reasons are many, including banks own reluctance towards disbursing small loans to these people. As a result, poor and low-income families often go to the local money lenders, […]

EditorJanuary 7, 2022
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3min00
Jeddah: The Organization of Islamic Cooperation (OIC) called on Islamic countries to help victims of natural disasters, conflicts, and wars around the world on Wednesday. The OIC also encouraged strengthening Islamic Solidarity in humanitarian aid for disaster and conflict-affected populations in the Islamic World at the commencement of the 35th meeting of the Islamic Committee […]

EditorDecember 28, 2021
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7min00
South Africans across the board voted for Sooliman, putting Deputy Chief Justice Raymond Zondo in second place Johannesburg: Indian-origin philanthropist and founder of disaster relief group ‘Gift of the Givers’, Dr Imtiaz Sooliman has won the prestigious South African of the Year Award run by the Daily Maverick newspaper. South Africans across the board voted for […]

EditorDecember 21, 2021
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3min00
The fund will be operated through Islamic Development Fund NEW DELHI — The Organisation of Islamic Cooperation (OIC) has set up a humanitarian fund to be operated by the Islamic Development Bank (IDB) to help avert the humanitarian and economic crises in Afghanistan, The Express Tribune reported. The announcement of the fund was part of the measures the […]

adminMay 25, 2021
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12min00
Dr. Nikhat Mushir for Maeeshat Energy sector is comprised of energy producing products, production, distribution, market, producers, distributors and consumers. Energy producing resources are mainly categorised as renewables (hydal, thermal, nuclear, solar, wind etc.)  and non-renewables such as oil, gas, coal. The importance of energy resources was well put in the opening remarks of World […]


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