bank

Dozens of lawmakers urge US banks to stop discriminating against Muslims
America

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…
First Islamic Sharia compliant account launched in Uganda
Africa

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

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

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

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

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

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

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

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…
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