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External sharia audits gain traction in Islamic finance: study

2 years, 3 days ago
KARACHI: External sharia audits are gaining support in Islamic finance as consumers and regulators seek more transparency and accountability, a study has found. Islamic banks have traditionally used in-house boards of scholars to determine…

Islamic Index launched at KSE

2 years, 10 months ago
KARACHI: Finance Minister Ishaq Dar has said that those who were forecasting bankruptcy of Pakistan have been buried with their grim prophesies.

Police siege of Laal Masjid forces Aziz to cancel his rally

2 years, 11 months ago
ISLAMABAD: Khateeb of Islamabad's Laal Masjid, Maulana Abdul Aziz on Friday announced a rally as part of a campaign to impose Sharia across the country, which was cancelled after the administration chipped in, ARY News reported.

Racist anti-Muslim flyer in UK pub

3 years, 1 month ago
LONDON: A customer of a restaurant in the United Kingdom was taken aback when saw an anti-Muslim poster on display of the shop's notice board.

At least 40 killed in Nigeria bus station blast

3 years, 10 months ago
YOLA, NIGERIA: A roadside bomb tore through a bus station near a busy junction in northeast Nigeria on Thursday, killing 40 people including five soldiers, witnesses and a security source on the scene said.

Indonesia sharpens centralised Islamic finance oversight

3 years, 11 months ago
JAKARTA: Indonesia's capital market regulator has signed an agreement with the country's national sharia board to strengthen oversight of the Islamic finance industry, supporting a centralised approach being favoured elsewhere around the…