Tuesday, 20 February 2018
Malaysia-based firm HelloGold has received a sharia-compliant certification for its gold-backed cryptocurrency and plans to launch its online gold platform in Thailand later this year, the company said. Its cryptocurrency product, dubbed GOLDX, was launched at the end of last year and has now received certification from Amanie Advisors, a Malaysia-based Islamic finance consultancy, said chief marketing officer Manuel Ho. Unlike other cryptocurrencies, GOLDX involves the issuance of a token ...
Thursday, 8 February 2018
It’s said that a man once headed to Mecca to perform pilgrimage, and he violated some details so he called a sheikh he knows for a fatwa (religious edict). He demanded a strict fatwa that asserts it will redeem his violations. After insisting that the sheikh issues a suitable fatwa, the sheikh finally mockingly told him to slay 10 camels and to personally distribute their meat in the mountains around the Great Mosque at night. This story reflects the tendency to adopt extremist approaches ...
Thursday, 8 February 2018
The Shoura Council on Tuesday agreed to study a proposal to grant nationality to children whose mothers are Saudis but fathers are non-Saudis. With a majority of 63 votes, the council agreed to study two proposals aimed at amending the Saudi nationality rules and regulations. The proposal was tabled about two years ago but had never been taken up for discussion. The proposal was tabled by two incumbent members, Latifa al-Shaalan and Ata al-Sibaiti, and three outgoing female members, Haya ...
Sunday, 13 August 2017
In a speech on the occasion of the National Women’s Day, the Tunisian President announced the formation of a committee to study the issue of individual rights and to activate them further and to consider equality between men and women in all fields. Despite the wide rights of women in Tunisia compared to other Muslim countries, however, arbitration in inheritance is still based on the Sharia or Islamic law, where the man’s share equals to that of two women. President Beji Caed ...
Sunday, 8 January 2017
There are people who think they defend religion by distorting the reputation of others
Wednesday, 6 July 2016
In Sharia, the basis of things is permitting them. Live and let live. Religious obsessions are the root of extremism
Wednesday, 10 June 2015
Pakistan's securities commission has approved a four-member sharia advisory board to oversee Islamic financial products
Wednesday, 18 February 2015
It is the second big step to allow the creation of Islamic banks and enable private firms to issue Islamic debt
Wednesday, 4 February 2015
The central bank already has a sharia board but its scope is limited to vetting its own products
Sunday, 27 July 2014
Sheikh Abdulaziz Al-Asheikh said the zakat should be in form of food so the poor and needy can enjoy eid