Muslims to be offered shari’a-compliant pensions by government

The plan to provide retirement funds for millions who do not already have a company pension is likely to include a special option that would not invest in companies deemed sinful under Islam. Ministers are keen to get Muslims saving with the Personal Accounts Delivery Authority, as many who have low-paid jobs or who have…

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Britain grapples with role for Islamic justice

A Muslim woman requested an Islamic divorce on the grounds that her husband physically and emotionally abused her, and told her that he wanted her dead. Her husband was opposed to the divorce, and when an Islamic scholar adjudicating the case seemed opposed to the divorce, the wife brought in her father as a “secret…

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Dutch minister investigates Islamic marriages

Dutch Justice Minister Ernst Hirsch Ballin is considering whether measures against ‘Islamic marriage’ ought to be introduced. Islamic weddings in the Netherlands are generally unofficial, non-government sanctioned ceremonies based on Islamic law. Contracts in Islamic marriages are not legally recognized under Dutch law. As such, there will be no alimony if a couple divorces, and…

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    Islamic finance makes a move into the mainstream

    There has been a substantial Muslim community in the UK for at least 300 years, so UK financial companies may have been a little slow to cater for their monetary needs. But mainstream financial groups are quickly waking up to the fact that there are some 2 million Muslims in the UK whose financial needs…

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      The Muslim Market

      With a buying power roughly equal to that of the entire state of Indiana, the growing Muslim population in the United States – estimated between six and eight million – is an attractive segment of the population for marketers. Ann Mack of the JWT advertising agency describes the interest of Muslim Americans to be support…

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