EGX launches 1st shariah-compliant index
The Egyptian Exchange launched the EGX33 Shariah index, which includes 33 companies that follow the principles of…
Browsing Tag
Islamic Law
Saudi strips Commission for the Promotion of Virtue and Prevention of Vice of their powers…
Saudi Arabia has stripped its frequently criticised religious police of their powers to arrest, urging them to act…
Islamic Banking Association Launches Index of Bourse’s Sharia-Compliant Shares
Islamic banking experts have called on the Central Bank of Egypt to tailor its policies regarding Islamic banking…
Egypt To Launch Islamic Stocks By Mid-June
The Egyptian Islamic Finance Association (EIFA) announced on Thursday it will launch its list of financial…
Brewing Up Changes in Cairo Cafe Society
At first glance the D Cappuccino cafe in Cairo looks like any other fashionable western style espresso bar. You’ll…
Egypt Liberals Quit Assembly Drafting Constitution
A number of liberal politicians withdrew on Sunday from the Islamist-dominated assembly drafting Egypt's new…
Elhamy El Zayat : “Sharia” Protests May Affect Tourism
Elhamy El Zayat, Chairman of Egyptian Tourism Federation, warned of the repercussions of the renewed calls for…
Islamists Protest In Cairo, Call For Islamic Law
More than 1,000 Islamists rallied in Cairo on Friday and called for the implementation of sharia Islamic law,…
In Power, Egypt’s Brotherhood Seeks Balance On Islamic Law
In decades of furtive meetings in tea houses, mosques and universities, members of Egypt's underground Muslim…
Bahrain’s GFH Restructures $45 Million Debt
Bahrain-based Islamic investment bank Gulf Finance House (GFH) said on Monday it has restructured $45 million in…
Kuwait’s Ruler rejects Islamic Law Proposal
Kuwait's ruler has blocked a proposal by 31 of the 50 elected members of parliament to amend the constitution to…
Fatma Lotfy: Islamic Banking Is the Future
Fatma Lotfy, vice chairman and managing director of Bank Audi - Egypt, believes that Islamic banking will have a…
Islamic Group Puts Forward Safwat Hegazy For Egypt Vote
An ultraconservative Islamist group has put forward a fundamentalist cleric as its candidate in Egypt's upcoming…
Tunisia’s Constitution based not on Islamic Law
Tunisia’s governing Islamist party said it will not support making sharia, or Islamic law, the main source of…
Protests against Constitution Panel in Egypt
Egypt's liberal MPs have walked out in protest from a parliamentary vote to select members of a panel which will…