A new interest-free credit card, the first of its kind in North America, aims to reconcile Islamic canonical law and Western consumer culture. Until now, observant Muslims have been precluded from owning credit cards on which they pay interest, a violation of shariah law. The iFreedom Plus Master-Card, set to be available in the coming…
A poll of 1,000 British Muslim women finds they are both religiously observant and keen shoppers at Primark: A unique and groundbreaking “1000 Sisters’ voices” survey carried out by Ummah Foods, a “new generation” British Muslim food company, and by SISTERS, the inspirational new magazine for Muslim women, has found that, while an overwhelming majority…
With the Sharia-compliant market growing by up to 15 per cent a year and estimated to be worth a trillion dollars (Dh3.67tn) by 2010, the number of Islamic investment banks in the UK is predicted to double within five years, said Samer Merhi, the executive director of the Gatehouse Bank, an Islamic finance house based…
Thousands of Spaniards, especially academics, intellectuals, and anti-globalization activists are finding solace in Islam. “Embracing Islam is on the rise despite ferocious Western media campaigns,” Abdul-Nour Brado, the head of the Islamic Society of Catalonia. It is estimated that three to four thousand Catalonians have accepted Islam recently, with some suggesting that the numbers are…
Bulgaria’s Grand Mufti Mustafa Haji announced the closure of 200 mosques in the country due to a lack of imams or religious leaders. “Although the number of faithful has grown, we are forced to close the mosques due to a lack of religious leaders. Many years of Communist rule and a lack of funds are…
