Mohammed Moussaoui, the New CFCM President

    Mohammed Moussaoui, a 44 year-old former math professor, was the only candidate for the French Council of the Muslim Faith (CFCM) elections and won quite expectedly. He replaces the former president, Dalil Boubakeur, rector of the Grande Mosqu_e de Paris. Moussaoui is the vice-president of the French Muslim Assembly (RMF) and is a proponent of…

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      Sarkozy Says Israel Must Share Jerusalem with Palestinians

      President Nicolas Sarkozy has told Israel in his state visit that there will be no Middle East peace without ceding sovereignty over some parts of Jerusalem. Speaking to the legislature, Sarkozy also called Israel to stop settlements in the West Bank, tempering his message by assuring Israel France would back the halting of Iran’s nuclear…

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        Spain Changes Immigration Rules to Help Economy

        The Spanish government announced that it plans to modify its immigration policy. The changes focus on increasing family reunification criteria, extending the time authorities are allowed to keep undocumented under arrest, and create provisions facilitating immigrants’ return to their countries. The amended policies will also include incentives for immigrants to return to their home countries…

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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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