bank
Dozens of lawmakers urge US banks to stop discriminating against Muslims
America
December 4, 2022
Dozens of lawmakers urge US banks to stop discriminating against Muslims
Rep. Ilhan Omar and Sen. Elizabeth Warren released a letter on Friday urging the head of U.S. banking regulators to…
One in five British Muslims have used food banks due to rising living costs, according to The Independent
United Kingdom
November 15, 2022
One in five British Muslims have used food banks due to rising living costs, according to The Independent
Around one in five British Muslims have had to use food banks since last August due to the rising cost…
First Islamic Sharia compliant account launched in Uganda
Africa
October 22, 2022
First Islamic Sharia compliant account launched in Uganda
Uganda’s Finance Trust Bank on Thursday October 20th launched the country’s first Islamic Sharia compliant account called ‘Halal’. Prominent Muslim…
First Islamic bank to open in Australia
Australia
October 17, 2022
First Islamic bank to open in Australia
Australia’s first Islamic bank has been granted a license, allowing Muslims to access mortgages without paying interest – a practice…
World Bank’s Malpass, IMF’s Georgieva see rising risks of global recession
World
October 11, 2022
World Bank’s Malpass, IMF’s Georgieva see rising risks of global recession
World Bank President David Malpass and International Monetary Fund Managing Director Kristalina Georgieva warned on Monday, October 10th, of a…
World will not defeat poverty by 2030, World Bank says
World
October 6, 2022
World will not defeat poverty by 2030, World Bank says
The World Bank has said the shocks caused by the COVID-19 pandemic and the war in Ukraine mean the world…
Russia mulls legalizing Islamic banking
Asia
July 17, 2022
Russia mulls legalizing Islamic banking
Russia is drafting a new law to regulate Islamic banking in the country, a growing sector that could help state-run…
Australia’s first Islamic Bank set to open soon
Australia
July 14, 2022
Australia’s first Islamic Bank set to open soon
The Australian Prudential Regulation Authority (APRA) has officially authorized the first Australian Islamic bank to have a restricted deposit-taking license…
Indian bank prevents veiled woman from withdrawing her money
NEWS
February 24, 2022
Indian bank prevents veiled woman from withdrawing her money
Social media influencers shared footage of an Indian bank preventing one of its Muslim clients from withdrawing money from her…
Kabul faces water crisis as drought, population strain supply
Islam World
January 16, 2019
Kabul faces water crisis as drought, population strain supply
The Afghan capital of Kabul faces an eminent crises as drought continues since shortage of rain and snow, a booming…