Islamic banking grows 10 to 15% annually: IF chairman...
By P.K. ABDUL GHAFOUR | ARAB NEWS STAFF Published: Apr 22, 2012 01:27 Updated: Apr 23, 2012 21:50 JEDDAH: Islamic banking and finance, with total assets of $1.4 trillion and more than 1,000 institutions operating in many countries worldwide is all set for a big take off, says Professor Khurshid Ahmad, chairman of the Islamic Foundation UK and the Institute of Policy Studies in Pakistan and author of several books on the topic. Speaking to Arab News after giving a lecture on “Global economic crisis and the role of Islamic Economics” at the Islamic Development Bank headquarters here, Ahmad said Islamic banking and finance makes an annual growth of 10 to 15 percent when conventional banks make less than one percent....
I’m Muslim, I’m English, and I’m a Westerner...
Monday, 30 April 2012 00:00 I think it’s hard for Muslims if you are brought up within a Pakistani tradition, Arab tradition or Indonesian tradition, you are used to having your faith and your culture interwoven. But actually they are distinct things: Islam is a faith and a culture is a culture. Cultures change and evolve, but faith has its permanence; things which are rooted within. And I think it’s very difficult to imagine when you don’t express it that you can have that faith expressed within a different culture, particularly a culture you are not necessarily used to seeing as a Muslim culture. So, I’m an English woman, I’m a Westerner, and I’m a Muslim. They are...
Cardinal Dolan on Brookfield Mosque: Muslims Deserve Worship Space...
April 29, 2012, by Ted Perry, updated on: 11:06am, April 30, 2012 New York Cardinal Timothy Dolan supported the Islamic Society of Milwaukee’s efforts to build a new mosque, telling Fox6now.com’s Ted Perry that Muslims deserve spaces to worship. In Milwaukee to celebrate a Mass of Thanksgiving at Holy Hill Saturday, Dolan sat down for a one-on-one interview with Perry that touched on a variety of issues, including a question on the Brookfield mosque. Perry said some have said they object to the proposed mosque construction due to zoning and traffic issues, while others are opposed to Islam. “What do you say to those who say they are Christians but have no tolerance for another religion?” Perry asked. “Yeah, I’m uncomfortable with...
Holocaust survivor finds haven as Muslim in Israel...
For more than five decades, Leila Jabarin hid her secret from her Muslim children and grandchildren — that she was a JewishHolocaust survivor born in Auschwitz concentration camp. Although her family knew she was a Jewish convert, none of them knew of her brutal past. It was only in the past week that Jabarin, who was born Helen Brashatsky, finally sat down and told them the story of how she was born inside Auschwitz, the most notorious symbol of Nazi Germany’s wartime campaign of genocide against Europe’s Jews. In an interview with AFP to mark Holocaust Memorial Day which begins at sundown on Wednesday, Jabarin, now 70, chuckles as she talks about what to call her. Her Muslim name is Leila, but in this Arab town...
Muslim Women Slowly Breaking Sports Barrier...
SAN FRANCISCO, Calif.–The women entered the brightly colored room with sets of kickboxing equipment lined up on the side. Some slowly took off their scarves, also known as a hijab, and jilbab, revealing their workout gear underneath. Their fitness instructor, Phalestinah Abdo, welcomes them with the words, “Assalamu ‘alaykum” (Peace be with you). Responding with the words, “Wa ‘alaykum salaam,” they began stretching their arms, starting their cardio kickboxing routine with two sharp jabs and a hook. Although there is nothing in the Quran that forbids Muslim women from exercising, they are not allowed to exercise uncovered or have physical contact with men. However, there are many stories well known to Muslims about women going to battles....
Muslim women take a lead in their community with Texas tornado relief...
On Easter Sunday morning, several teams of volunteers headed to tornado-hit sites in Arlington and Lancaster, answering the call of several disaster relief organizations. Locally, Irving based Muslim non-profit humanitarian relief organization OneNation Relief and Charity, an operating arm of Baitulmaal USA for local US-based relief work, started mobilizing their volunteers after the Dallas/Fort Worth metroplex was hit by devastating tornadoes last Tuesday. Last night, Baitulmaal and One Nation pulled a crew of volunteers to help clear tornado debris in an Arlington neighborhood on Hidden Oaks Lane this morning. More than twenty five volunteers with work gloves started picking up debris and loading them onto trailers and pick-up beds. When rain started pouring down around 2:00 pm, the volunteers continued working till 3:00...