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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    Probe into Threats Over Cable Pornography Visible in North Africa

    Anti-terrorism investigators in Paris are examining threats against a leading French cable TV channel over pornographic films that can be viewed in North Africa. Canal-Plus, the pay-TV channel, received letters from people claiming to be Muslim and threatening to blow up its headquarters if it continues to broadcast a once-a-month pornographic film Saturday evenings. The…

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      Figurative art removed after Muslim complaints

      Artwork by artist Ellen Vroegh have been removed from the municipality building where they had been displayed, after several Muslim men complained about the abstract paintings of half-naked women in the paintings. Vroegh commented that she was showed, and completely puzzled that the municipality removed her artwork because a few people had objections to them….

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      Switzerland: Second Islamic bank

      As Islamic finance and banking products continue to grow, Switzerland will soon get its second Shariah compliant bank in less than two years. The bank I set to be launched before the end of the year, and will target investors and wealthy individuals from the Gulf region. The new bank will be the second private…

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