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…
DHAKA: Islamic State has warned of repeated attacks in Bangladesh and beyond until rule by sharia, Islamic law, is established, saying in a video last week's killing of 20 people in a Dhaka cafe was merely a glimpse of what is to come.
ISLAMABAD: Maulana Mohammad Khan Sheerani’s appointment as chairman of the Council of Islamic Ideology (CII) has been challenged in the Islamabad High Court (IHC) on Thursday.
ISLAMABAD: Lal Masjid Shuhada Foundation has opposed the decision of cleric Maulana Abdul Aziz to forgive former president Pervez Musharraf over military operation and termed it against Sharia.
ISLAMABAD: President Mamnoon Hussain on Monday said that the federal government is focusing on the promotion of Islamic Banking in the country.
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.
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…