Helsinki Grand Mosque’s rocky road

When it comes to building mosques, Finland is not any different from other European countries in terms of opposition that such projects receive either from the side of the officials or the public. The Helsinki Grand Mosque project has been on-going since 2015 and now once again, debates over funding have put a spanner in…

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On the day of Lee Rigby’s funeral, let’s really ask how we can stop such tragedies in the future

The funeral for murdered soldier Lee Rigby takes place today and perhaps among all the tributes to this tragic victim of a terrible crime, we should ask ourselves what will prevent such attacks in the future, in a rational, truthful way, untainted by emotive pleas for revenge and retribution.   Like the volunteers of the…

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Ramadan, Giorgio Armani launches a chocolate dedicated to Muslims

Chocolates dedicated to Muslims: Giorgio Armani launches an Armani/ Dolci chocolate. The pralines – which will be called Ramadan – will be free of alcohol derivatives. The shell is milk chocolate and will be filled with fresh fruit and honey. The chocolates will be decorated with emerald green sugar designs. The new product has arrived…

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Accounting Standards for Islamic Financial Institutions will appear in Russian

Shari’a Standards for Islamic Financial products issued by the Accounting Association of Islamic Financial Institutions (AAOIFI) will soon be presented in Russian. An agreement was reached during the visit of the Delegation of Council of Muftis of Russia to Bahrain last December. The first product standards will be published in February 2010 and will include…

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    First Islamic equity product launched in UK

    The London-based ABC International Bank’s Islamic Asset Management (IAM) entity, both of which are subsidiaries of the Bahrain-based consortium bank Arab Banking Cooperation, has launched the first retail Shariah-compliant capital-protected equity product in the UK under its ‘Alburaq’ brand. The savings product, which has a minimum subscription of just _500 and is a Shariah-compliant alternative…

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