THERE IS A WAY FOR INTEREST-FREE BANKING
Vol. LI No. 33
Date: November 17, 2013
Maintain Pace of Development with Islamic Principles
The crux of Islamic finance, its viability, and abhorrence of unfair means, growth, challenges and its philanthropic and benevolence side was elucidated and simplified by Dr. M. Nejatullah Siddiqi, world…
Abstain from Treating Women as a Commodity: Kolkata JIH Convention
Recently the country witnessed many organised and unorganised protests and movements against the ongoing trend of rape, murder, molestation, dowry killing committed against women. There was a high cyclone of…
Islamic Stall at Kota Dussehra Festival Gets Huge Response
A National Dussehra Fair during the festival of Dussehra is a custom in Kota city of Rajasthan. The fair attracts visitors from all walks of life and especially the event…
Think Creative: Dr. Nejatullah Siddiqi to Academy Students
Students of the academy must be well versed with the sea of knowledge and be nurtured to set future trends and address the quest of humanity. This was the view…
Bias Attitude of Media
The negative role of media and investigating agencies comes to light every now and then. In regard of recent serial blast in Patna, the investigating agencies raided the home of…
IB Trying to Usurp Unbridled Power
This refers to the Cover Story of Radiance (3-9 November). The Intelligence Agencies of any country – be it of Pakistan or of somewhere else – always tries to en-cash every incident…
Undertake Tour to Restore Public Trust
This refers to the report about merging of the two factions of All India Muslim Majlis-e-Mushawarat in Radiance 3-9 November. This is really a remarkable and outstanding development in the Muslim community…
Modi’s Misleading Statement
The BJP’ Prime Ministerial candidate Narendra Modi, while addressing his first public meeting in Kanpur, Uttar Pradesh, on 19 October said, “India has only one religious scripture i.e. the Indian…
ASSAD REGIME NOT COMPETENT TO NEGOTIATE AT GENEVA II
The statements by Assad regime about the conference of Geneva II show that the regime was not appropriate to attend the conference, Syrian oppositions said. National Coalition for Syrian Revolutionary…
TURKEY REMOVES ATATURK QUOTE FROM DIYARBAKIR STREET
The governorship of the borough of Yenisehir in Turkey’s Diyarbakir has removed a 20-meter long sign quoting the famous words of the founder of the republic Mustafa Kemal Ataturk. The…
S. AFRICA CURTAILS RELATIONS WITH ISRAEL
Maite Nkoana-Mashabane, the International Relations Minister of South Africa, told South African ministers last week not to visit Israel, although she did not officially order them to cut diplomatic relations…
BOAT CARRYING 70 MUSLIM ROHINGYA SINKS OFF MYANMAR
A boat carrying almost 70 Rohingya Muslim refugees fleeing sectarian tensions capsized on 3 November off Myanmar’s coast, police said, leaving dozens missing in treacherous seas.
EGYPT PROTESTER KILLINGS NOT BEING INVESTIGATED: HRW
Egypt’s authorities are yet to announce any move to investigate security force killings of protesters on 6 October, 2013. Almost four weeks after police used lethal force to break up…
NEW BODY FORMED IN ISTANBUL CALLS FOR MORSI’S RELEASE
A group formed to campaign against military coups with particular focus on Egypt condemns the trial of ousted Egyptian President Mohamed Morsi and calls for his immediate release. The Organisation…
MORSI’S RIGHTS WERE VIOLATED: AMNESTY INTERNATIONAL
The human rights of Egypt’s first elected President Mohamed Morsi were violated and his right to a fair trial was significantly undermined, Amnesty International (AI) North Africa Team campaigner Nicholas…
TWO MORE BJI LEADERS SENTENCED TO DEATH
Two fugitive Bangladesh Jamaat-e-Islami leaders have been awarded death sentence by a Bangladesh war crimes tribunal allegedly for murdering country’s top intellectuals during the Liberation War in 1971. Pronouncing the…
SHAADI BHAGYA FOR 1,000 MUSLIM BRIDES IN KARNATAKA
The government of Karnataka has fixed a target of 1,000 beneficiaries for this financial year under its scheme, Shadi Bhagya, for brides coming from economically weaker section of the Muslim…
SITE FOR AMU CENTRE GRANTED IN MAHARASHTRA
The Chief Minister of Maharashtra, Pritvi Raj Chauhan, on 7 November, approved land in Khuldabad, Maharashtra, for the off-campus of the Aligarh Muslim University. Now, the university authority can proceed…
“NO MUSLIM ALLOWED” TO BUY A HOME IN MUMBAI
An advertisement by a private real estate agency on a web portal with a rider – “Muslims Not Allowed” – has created brouhaha among the targeted community. The advertisement placed…
SCHOOL TIME CHANGED FOR FRIDAY PRAYERS
The District Magistrate of Shahjahapur, Uttar Pradesh, Raj Muni, has recently issued an order to all schools running under Basic Education Scheme to be closed at 12:30 on Fridays so…
TEACH MORAL VALUES TO AVOID UNPLEASANT SITUATION: COURT TO PARENTS
The first lesson an infant should be taught is lessons from moral values. But, no one pay heed to this in this modern era. Consequently, the moral values are being…
PANEL REPORT REVEALS HIGH DROPOUTS AMONG MUSLIMS
The panel, set up by the National Monitoring Committee for Minority Education to look into the issue of drop-out among the community, has recently submitted its report and noted, “At…
MYSTERIOUS ‘UNCLE’ STOPS PAC FROM REACHING MUZAFFARNAGAR RIOT HIT AREA
A telephonic conversation, revealed by Rehai Manch, says that the UP Provincial Armed Constabulary (PAC) was deliberately sent late during the communal violence between 7 and 8 September in and…
EC TO DEPLOY WOMEN OFFICERS AT BOOTHS IN MP
The Madhya Pradesh chapter of the Election Commission of India has decided to deploy women officers at polling booths so as to facilitate identification of Burqa-clad women voters. The commission…
RIGHTS PANEL FOR PROSECUTION OF OFFICIALS WHO IMPLICATED MUSLIM YOUTH
The Karnataka State Human Rights Commission, on 5 November, registered a suo moto case against Bangalore city police for implicating three Muslim youth on charges of terrorism. Besides, the commission issued a…
Islamic Finance will Rejuvenate Global Economy
H ABDUR RAQEEB, Convenor, National Committee on Islamic Banking and General Secretary, Indian Centre for Islamic Finance (ICIF), spoke at length on the prospects, growth and acceptance as well as…
INDIAN SECULARISM An ideal or illusion? – II
The Supreme Court in India is considered the guardian of the Constitution. Hence, in order to have a thorough understanding of the contours of Indian secularism, a brief discussion on…
Why Not Proportional Representation of Muslims in Legislatures
DR. S. AUSAF SAIED VASFI calls upon the UPA Government to think about proportional representation of Muslims in the Central and State Cabinets as well as in Parliament and State…
They do not Serve….
John Milton says ‘they also serve who only stand and wait’ (in his epic ‘The Paradise Lost’), while extorting people to be patient and consoling those under pressure. However, on…
Thy Deeds will be Judged
Abu Hurairah relates: When (this verse) was revealed to him (the Holy Prophet), “And warn thy kindred,” the Messenger of Allah (peace and blessings of Allah be with him) said:…
The Inevitable Day
And the Hour shall surely come to pass – of this there is no doubt – and Allah shall surely resurrect those that are in graves
Fight Crimes against Women
A disturbing decline in social parameters, law and order, policing and justice delivery is discernible in India. It is not proper to blame the politicians alone for this though they…
WB Opens First Islamic Finance Centre in Istanbul
The World Bank launched its Global Islamic Finance Development Centre at Borsa İstanbul premises on 30 October. This is the World Bank’s only representation office on Islamic finance. This Centre…
Islamic Finance can Save the World
The U.K. government’s decision to issue a sukuk – a bond that complies with Islamic Shari’ah law – raises an interesting question: What if the U.K. and other non-Muslim countries switched fully…
MCB Hails British Premier’s Support for Islamic Finance
The Muslim Council of Britain on 29 October welcomed Prime Minister David Cameron’s announcement to boost Islamic finance provision in the United Kingdom.
THERE IS A WAY FOR INTEREST-FREE BANKING
DR. WAQUAR ANWAR argues for consideration of full-fledged interest-free banks encompassing financial and transactional needs of individuals and businesses in both rural and urban areas.
India’s First Shari’ah-compliant Financial Company Eyes Oman Investment
India’s first Shari’ah-compliant non-banking financial company, Cheraman Financial Services Ltd (CFSL), is looking to tap the Omani market, and indeed the wider Gulf region, for equity to fund a raft…
