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Islamic banking in Africa

  • SHAFAQNA – The African market for Islamic banking and finance is unique for several reasons. Among other things, the continent is witnessing an unprecedented economic growth in in last decade combined with huge market potential. Indeed, almost half of the continent’s population is Muslim Attractiveness and popularity of the industry among non-Muslims is also increasing. It is also a fact that just 20% of African families have a bank account, while many remained unbanked sometimes for religious reasons The African market is also unique given the advantage that retu on investment in Africa is higher than in any other developing region. Moreover, Islamic banking and finance in Africa is supported by a growing openness and acceptability of the system by many regulators and politicians across the continent and the industry is seen as a catalyst in reinforcing and consolidating the growing trade relation between Africa and other Muslim countries. Moreover, the Islamic banking and fin,islamic banking in africa,islamic banking in africa pdf,islamic banking in south africa,islamic banking in north africa,west african islamic banking,islamic banking jobs in africa,islamic development bank in africa,history of islamic banking in africa,islamic banking in sub saharan africa,islamic banking summit africa 2012 ...ادامه مطلب

  • Feeding children in day nursery in non-Islamic country/the Grand Ayatollah Sistani’s answer

  • SHAFAQNA – The Grand Ayatollah Sistani answered a question about feeding children in day nursery in non-Islamic country. Question: I live in France and have a two year old son who goes to a day nursery and eats lunch there. From the start I requested that no meat must be given to him because the meat is not slaughtered according to Islam, and so far there was no problem. But recently my son sees that at lunch time the rest eat meat and he also asks for meat, if in day nursery he asks, can he be given meat which is not slaughtered according to Sharia or not? The Grand Ayatollah Sistani: There is no problem, unless it is pig’s meat. Source: PERSIAN SHAFAQNA SHARE Facebook Twitter Previous articleThe sale and the use of genetically modified (GM) foods/the Grand Ayatollah Sharoodi’s answers Let's block ads! بخوانید, ...ادامه مطلب

  • Islamic Movement in Nigeria organized Hajj Seminar in Zaria

  • SHAFAQNA – The Education Committee of the Islamic Movement in Nigeria organized 3rd Hajj Seminar at Fudiyyah School Zaria on Saturday 6th of August, 2016. The seminar, organized for intended pilgrims, was aimed at enlighten the pilgrims on Hajj rites with practical demonstration, good conduct, health and safety as well good preparation. Speakers included Prof Isa Hasan Mshelgeru, Sheikh Abddulhameed Bello, Sheikh Qasim Umar Sokoto, Sheikh Abdurrahman Yola. There was Questions and Answer session after the lecture. In his lecture on Hajj preparation and practical demonstration Prof Isa Hasan spoke at length on preparation before leaving for the hajj and on what to carry along with in terms of materials as well as what to avoid in terms of action and utterances. He demonstrated how to perform Hajj rites starting from putting on Ihram, tawaf, salah, sa’ay and taqsir etc. Sheikh Abdulhameed Bello spoke of Hajj Fiqh where he described the rulings of Hajj, Umrah and Ziyara according to ,islamic movement in nigeria,islamic movement in israel,islamic movement in the 19th century,islamic movement in the world,islamic movement in turkey,islamic movement in west africa,islamic movement in bangladesh,islamic movement in india,islamic movement in saudi arabia,islamic movement in uzbekistan ...ادامه مطلب

  • Islamic Movement in Nigeria organized Hajj Seminar in Zaria

  • SHAFAQNA – The Education Committee of the Islamic Movement in Nigeria organized 3rd Hajj Seminar at Fudiyyah School Zaria on Saturday 6th of August, 2016. The seminar, organized for intended pilgrims, was aimed at enlighten the pilgrims on Hajj rites with practical demonstration, good conduct, health and safety as well good preparation. Speakers included Prof Isa Hasan Mshelgeru, Sheikh Abddulhameed Bello, Sheikh Qasim Umar Sokoto, Sheikh Abdurrahman Yola. There was Questions and Answer session after the lecture. In his lecture on Hajj preparation and practical demonstration Prof Isa Hasan spoke at length on preparation before leaving for the hajj and on what to carry along with in terms of materials as well as what to avoid in terms of action and utterances. He demonstrated how to perform Hajj rites starting from putting on Ihram, tawaf, salah, sa’ay and taqsir etc. Sheikh Abdulhameed Bello spoke of Hajj Fiqh where he described the rulings of Hajj, Umrah and Ziyara according to , ...ادامه مطلب

  • Buying the house repossessed by non-Islamic banks/The Grand Ayatollah Makarem’s answer

  • SHAFAQNA – The Grand Ayatollah Makarem Shirazi answered a question about buying the house repossessed by non-Islamic banks. Question: Can the house which is repossessed due to debts by non-Islamic banks be bought? The Grand Ayatollah Makarem: Only when it is mortgaged, and the money has not been paid, and the house is taken back against the main loan, can be bought, and the banks must retu the extra money to its previous owner. Source: PERSIAN SHAFAQNA , ...ادامه مطلب

  • Amir Khan’s Muslim trainer Tam Khan banned from Facebook after he blasts British Islamic extremists in furious post

  • SHAFAQNA – A Muslim mixed martial arts fighter – who trains boxing champ Amir Khan – has slammed British Islamic extremists as “uneducated monkeys” in a heated social media rant. Tam Khan has urged all Muslims living in Britain to “respect” the country’s  culture and traditions – and says anyone who doesn’t should be thrown out. Tam Khan, pictured with boxing world champion Amir Khan, has told Muslims to ‘stop becoming militants and extremists’ The MMA fighter tued entrepreneur has waed that fellow Muslims must intervene “We need to fix this epidemic of inbreds from doing these despicable crimes,” he told his 6,000 Facebook followers. “Sorry I don’t care if you think I’m being harsh. “Islam is a beautiful religion, but these uneducated monkeys misinterpret things and feel they are acting on God’s behalf and it’s only getting worse.” Days after the furious post gathered 148,000 likes and 126,000 shares, Facebook waded into the debate by deleting Mr Khan’s social media account. But it was quickly restored after Facebook claiming the action was a “mistake”. The famous fighter, who says he has never suffered from racism or Islamophobia, felt compelled to speak out after seeing some Muslims “milk the benefit system, free education and health services – yet complain”. He urged Muslim leaders to educate their community and “fix this s**t” after noticing a change in attitude between his British and Muslim friends over the past decade. “We do have a problem with our community and so-called ‘Muslim’ brothers,” he said. He wants the British govement to deport Muslims who ‘go against’ the country The furious rant was posted on his Facebook page and received 150,000 likes and 125,000 shares “Whatever is going on it’s time we stop blaming others, stop being the ‘victims’ and blaming the west. “I feel more Muslims need to start cleaning up our society. “We are lucky to be able to have so many mosques in England, able to have free speech but don’t take the p**s. “If you ,amir khan muslim or not,amir khan shia muslim ...ادامه مطلب

  • The ruling about investment in non-Islamic banks/the Grand Ayatollah Makarem’s answer

  • SHAFAQNA – The Grand Ayatollah Makarem Shirazi answered a question about investment in non-Islamic banks. Question: What is the ruling about investment and eaing interest from them in non-Islamic banks? The Grand Ayatollah Makarem: It is allowed, except when we know that the money is being invested in Haram work like wine making which in this case it is problematic. Source: PERSIAN SHAFAQNA SHARE Facebook Twitter Previous articleFrance’s psychosis against Muslim women needs to end … NOW! Next articleA waing to worshippers of the world Let's block ads! بخوانید, ...ادامه مطلب

  • Bahrain’s top Shiite Muslim cleric ‘Sheikh Isa Qassim’ wins Islamic Human Rights award

  • SHAFAQNA – A ceremony was held here in the Iranian capital on Wednesday to present the 3rd Islamic Human Rights Award. Iran’s Judiciary Chief Ayatollah Sadeq Amoli Larijani and a number of other senior officials attended the ceremony held at the IRIB Conference Hall on the occasion of the Inteational Day of Islamic Human Rights and Human Dignity. Senior Bahraini cleric Ayatollah Sheikh Isa Qassem and Arzu Merali, a founding member of the Islamic Human Rights Commission (IHRC), were announced as the winners of this year’s award. The Iranian Judiciary’s Human Rights Committee holds the event annually to recognize the efforts and achievements of Muslims promoting human rights. In previous years, the award went to activists from Yemen, Syria and Iraq, among others. SHARE Facebook Twitter Previous articleIslam opens its arms in Trowbridge, UK Let's block ads! بخوانید, ...ادامه مطلب

  • Baqee Organization to take issue of world Islamic heritage to the United Nations – Petition

  • SHAFAQNA – In the coming weeks the Baqee Organization will circulate a petition calling on the public to support its conservation efforts. Faced with a veritable cultural, historical, and religious genocide, the Baqee Organization said it was left with no other choice but to demand that the United Nations shoulder, and enact its responsibility of care. Beyond the disappearing of the world Islamic heritage, beyond the oppression of Muslim communities to the radicalism of Wahhabism, it is History which is being redacted, it is all religious communities which stand being targeted. A Muslim organization, the Baqee Org. ambitions to stand and speak for all – beyond faith, ethnicity and political persuasion. SHARE Facebook Twitter Previous articleModeration in life according to Imam Sadeq (AS) Let's block ads! بخوانید, ...ادامه مطلب

  • African exodus – Over 4,000 South Sudanese fleeing into Uganda daily says UN

  • SHAFAQNA – Recent fighting in South Sudan has forced 37,491 people to flee to Uganda in the past three weeks, averaging more than 4,000 a day in the past week, the United Nations refugee agency waed today. “To put this in context, more refugees have arrived in Uganda in the past three weeks than during the entire first six months of 2016, when 33,838 came there in search of safety,” Adrian Edwards, a spokesperson for the Office of the UN High Commissioner for Refugees (UNHCR), told reporters in Geneva. Yesterday, an estimated 2,442 refugees were received in Uganda from South Sudan. More than 90 per cent of arrivals are women and children. “The new arrivals in Uganda are reporting ongoing fighting as well as looting by armed militias, buing down of homes and murders of civilians,” Mr. Edwards said. “Some of the women and children told us they were separated from their husbands or fathers by armed groups, who are reportedly forcibly recruiting men into their ranks and preventing them from crossing the border.” He noted that daily arrivals were averaging around 1,500 just 10 days ago, but have risen to over 4,000 in the past week. People are coming from South Sudan’s Easte Equatoria region, as well as Juba and other areas of the country, he said. The intensity of the recent fighting between rival factions loyal to President Salva Kiir and First Vice-President Riek Machar in Juba has subsided, but the security situation remains volatile. “Further surges in arrivals are a real possibility,” he said. The influx is straining the capacity of collection points, and transit and reception centres. Over the weekend, humanitarian organizations worked to decongest the collection points and installed temporary shelters to increase capacities. UNHCR has deployed additional staff, trucks and buses to assist. At its peak, more than 11,000 refugees were staying in Elegu, in northe Uganda, in a compound equipped to shelter only 1,000 people. By the end of this past weekend, the centre, ...ادامه مطلب

  • Dakar Islamic Institute to host largest Quranic gathering

  • SHAFAQNA – According to the Islamic Culture and Relations Organization, the National Union of Schools and Quranic Institutes of Senegal invited the Iranian Embassy and Cultural Center in the African country to attend the program titled “jouée coranique” (Quranic Day). The national event will be held on July 30 under the supervision of the Senegalese president and caliphs of various Sufi orders in Senegal. It will be attended by more than 3000 Quranic and cultural figures as well as the citizens. “Quranic Diplomacy” is the motto of the gathering, to be hosted by the Islamic Institute of Dakar. Quran expert and Qari Majid Zakilu will recite some verses from the Holy Quran in the program. The Iranian Cultural Center in Senegal plans to hold an exhibition of Iranian Quranic artworks titled “Quran in the Mirror of Art” on the sidelines of the Quranic gathering. SHARE Facebook Twitter Previous articleFrance church attack: Priest killed by two ‘Daeshsoldiers’ Next articleImam Ridha holy shrine hosts a group of American Muslims Let's block ads! بخوانید, ...ادامه مطلب

  • Islamic Unity an Obligation

  • SHAFAQNA- Source:Islamic Unity, in the Light of Speeches of Ayatullah KhameneiCompiled by Hujatul Islam wal Muslimeen Ali Khaliqpur In the opinion of Ayatullah Ali Khamenei the issue of Unity of Muslims is the focal point of Islamic teachings and it should be considered as a religious obligation.In view of misappropriation of discrepancies and differences found amongst Muslims and exploitation of some preliminary religious laws and ordinances by the hands of imperialists and its steady expansion, the Supreme Leader deems it essential to bring the remedy of unity into existence.In fact, if we want to find any solution to the problems of the Islamic world or better to say, if we are making efforts for the dignity and honour of Islam and Quran and for restoration of its grace, then this thing isn’t in any way favourable and conducive with the differences of the Muslims. Imam Khomeini (R.A) continued this mission even before the success of revolution and highly recommended it and after the success of revolution, he put it in the top priority list of the issues.Although the Imperialists had already declared the policy of diversity and division in the top priorities of their objectives, but after the triumph of Islamic revolution and after the centre of Islamic unity came into existence, the activities based on divide and division by America and its allies got further expedited and accelerated. They made the Muslim brethren to fight each other and started ransack and massacre. In the whole Muslim world today the paid writers have made it their profession and strategy to create division among Muslims, spending treasure of wealth and petro dollars of allies of American reactionaries for this purpose.They now it very well that there is power of attraction in Islam and the centre of this revolution may attract the attention of all the Muslims of the world towards itself, therefore it has created a threat for America and Imperialism that their investment for creating division, ...ادامه مطلب

  • Germany heads towards banking meltdown

  • SHAFAQNA – “Europe is seriously ill,” according to Deutsche Bank, and while Italy’s problems have been well-documented recently, analysts told Sputnik that a closer look at German banks reveals that even Europe’s economic powerhouse could find itself financial difficulties. While Brexit seems to have served as a catalyst for Europe’s political crisis, financial experts are waing that a crisis also appears to be brewing on the European financial front.The structural weaknesses that became apparent during the 2008 financial crisis have not been tackled sufficiently, and analysts are worried that Europe’s banks are facing more financial pressure than they can cope with. On Sunday David Folkerts-Landau, lead economist for Deutsche Bank, told German newspaper Die Welt that Europe must take action to tackle its economic problems, or face another crisis. “Europe is seriously ill, and it must urgently address its problems, otherwise something bad will happen,” he waed, and recommended a multibillion euro program of recapitalization for flailing European banks. According to Folkerts-Landau, Europe needs a recapitalization program similar to Troubled Asset Relief Program carried out in the US after the subprime mortgage crisis hit there in 2008. That program authorized the US Treasury to spend $475 billion on toxic assets and equity from struggling financial institutions. “In Europe the program doesn’t have to be so big. European banks can recapitalize themselves with 150 billion euros ($167 billion),” Folkerts-Landau said. Economics professor Guillaume Vuillemey from the Ecole des Hautes Etudes Commerciales de Paris (HEC Paris) told Radio Sputnik France that the problems in Europe’s banking sector are not confined to the more stagnant economies on the south of the continent. Last week reports emerged that Italy is facing a banking crisis, as its GDP grew by just 0.8 percent in 2015 and is predicted to grow by 1.1 percent this year. This has made it harder for businesses t, ...ادامه مطلب

  • The Khoei Foundation opens department for Shia Islamic Studies

  • SHAFAQNA – The Khoei Foundation in London – a prominent religious institution which has pioneered research and education for the benefit of the Muslim community, in keeping with the teachings and tradition of Shia Islam, celebrated this July the launching of new endeavour. The Khoei Foundation will now train teachers in the fields of religious studies, so that in tu they could spread the teachings of Shia Islam, and help young minds embrace their heritage. For the first time in Great Britain Shia Islam studies will be made available to the greater public. A conference was held this July 14th, at the Khoei Foundation to introduce the program studies and invite scholars and academics to discuss issues of education, and religious studies. SHARE Facebook Twitter Previous articleWays to prosperity Next articleThe Baqee Org protest in Washington This entry passed through the Full-Text RSS service - if this is your content and you're reading it on someone else's site, please read the FAQ at fivefilters.org/content-only/faq.php#publishers.Recommended article from FiveFilters.org: Most Labour MPs in the UK Are Revolting., ...ادامه مطلب

  • Grand Ayatollah Sistani announces Thursday as Eid al-Fitr in Europe and countries located in north of Asia and Wednesday as Eid al-Fitr in Iran, Afghanistan, Iraq and its Arabic neighboring countries, India, Pakistan, Indonesia, Australia and Africa

  • SHAFAQNA-Grand Ayatollah Sistani announces Wednesday as Eid al-Fitr in Iran, Afghanistan, Iraq and its Arabic neighboring countries, India, Pakistan,  Indonesia, Australia and Africa and Thursday as Eid al-Fitr in Europe and countries located in north of Asia. SHARE Facebook Twitter Previous articlePeterborough Charities in England Given Food Parcels for Ramadan Let's block ads! بخوانید, ...ادامه مطلب

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