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Female Comic Caught in Web of Malaysia’s Blasphemy Laws
July 27, 2022
The extent of speech restrictions under Malaysia’s Islamic blasphemy laws are in full display in the current cases of a comedian charged with insulting Islam in her stand-up comedy act, a charge that brings up to two years imprisonment under conviction by the country’s Sharia High Court, and meanwhile, her partner has also been charged for social media posts deemed under the laws as “insulting to others.”
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Saudi Central Bank Chief Touts Kingdom’s Global Leadership in Banking & Finance
July 20, 2022
The head of Saudi Arabia’s Central Bank (SAMA) is touting the Islamic theocratic kingdom’s leading role in the fast-growing, international, sharia-compliant/compatible finance and banking sector, with Saudi Arabia accounting for an estimated 28 percent of Islamic finance worldwide, in a market strategy that will position the Sunni Islamic state as a key player in global banking and finance.
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Togo Is Latest West African Country to Confront Spread of Islamist Extremism
July 20, 2022
State policymakers in the small West African country of Togo are confronting the creeping influence of Islamist extremist groups active in the region, developing inter-agency policies to prevent repetition of violent terror attacks and youth radicalization and recruitment, through collaboration with international faith-based, non-governmental organizations (NGOs) and Western security partner institutions and states.
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Saudi Investment in UK's Aston Martin Marks Islamic Kingdom's Push Towards Global Influence Building
July 20, 2022
Saudi Arabia's Public Investment Fund is about to become the second-largest shareholder in UK luxury car company Aston Martin, in a move that reflects the Islamic monarchy's strategy of diversifying the economy away from complete reliance on oil, while also using the sovereign wealth fund to build international influence via decision making clout in iconic Western brands with soft power returns.
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Russia Turns to Sharia Finance & Banking as Alternative to Minimize Western Sanctions
July 20, 2022
Russia's parliament is currently reviewing draft legislation to create regulatory structures that will allow for the creation of an Islamic finance and banking sector, as Moscow views the high-growth, multi-trillion-dollar global sharia-compliant/compatible industry as a key source of foreign investment from Mideast and South Asian Islamic banking leaders and of domestic market growth for the country's sizable Muslim population.
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