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Sharia Banks Weakened by Poor Regulation, Low Profits
December 04, 2014
Global finance experts meeting in Bahrain at the World Islamic Banking Conference raised strong concerns about the weak regulatory standards, low profitability, and poor customer satisfaction reports in the sharia-compatible/compatible banking industry, despite remarkable growth in global sharia assets estimated at $2 trillion.
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Sharia Law Is Going Global with Islamic Financial Products and Markets
December 03, 2014
The ongoing, rapid global expansion of sharia-compliant/compatible products in 2014, underscored by the sharp uptick in new Islamic sovereign bond offerings by Western countries such as the United Kingdom and Luxembourg, suggests the mainstreaming of sharia law into global finance markets.
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OIC Meeting in Iran to Coordinate Global Islamic Information Policy
December 03, 2014
Ministers of Information from the Organisation of Islamic Cooperation (“OIC”) are meeting in Iran to discuss developments of a coordinated information strategy among the 57 member-states, with particular focus on "countering Islamophobia, the dangers of violent extremism, and combatting Israel's policies in Jerusalem."
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Boko Haram Turns Attacks on Nigeria's Non-Militant Muslims
December 03, 2014
The Islamist extremist group Boko Haram, which is waging war to make Nigeria a sharia state, attacked a large mosque in the city of Kano, signaling that Muslims who reject militant jihad will now be targeted with Nigeria's Christian population long-victimized by Boko Haram.
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Radical Islamists Making Headway in Youth Internet Recruiting in Europe
December 03, 2014
French intelligence officials are warning that radical Islamist groups are making measurable headway in internet recruiting that targets Muslim youth in Europe, raising particular concerns about recruitment appeals to teen girls to undertake jihadi activities within Europe as well as to fight in Syria and Iraq.
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