Islamic financial services company UM Financial Inc. and Jovian Capital Corp. hope to list Canada´s first sharia-compliant exchange-traded fund (EFT) in the next week. In compliance with Islamic law, the index avoids firms involved in financial services alcohol, gambling and pork products. It would target Canada´s growing Muslim population (approximately one million) as well as…
The French Council of the Muslim Faith (CCFM) organized a memorial for the victims of the Air France 447 crash at the Mosque of Paris. Muslims also participated in an ecumenical vigil with Nicolas Sarkozy at the Notre-Dame de Paris.
The European Union Agency for Fundamental Rights (FRA) today released a report on discrimination against Muslims in the EU. The results for Muslim respondents indicate similarly high levels of discrimination and victimisation as for other minority groups surveyed. Many racist incidents are not reported to the police or to any other organisation. Knowledge of anti-discrimination…
A telephone help-line offering advice about the true teaching of Islam is being launched in the UK today. Callers to the Islamic Hotline will get answers to their questions within 48 hours, from scholars trained at one of the world’s principal Islamic universities. The Islamic scholars behind the telephone helpline hope it will combat radicalism…
Birmingham will today play host to a conference looking at how the West Midlands can tap into the potential offered by the emerging multi-billion-pound Islamic finance market. The half-day event, entitled Islamic Business: The Way Forward, brings together a range of speakers from the sector and will look at the potential for positioning Birmingham as…
