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Shariah-compliant: Jubilee looks to delve in Islamic insurance

DUBAI: Karachi-based Jubilee General Insurance Company will seek shareholder approval to offer Islamic insurance (takaful), becoming the latest firm to enter the sector after conventional firms were...

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Islamic banking: ‘Share expected to increase in Gulf’

DUBAI: Islamic banks are set to boost their market share in the energy-rich Gulf states to nearly 30% in the next five years, ratings agency Standard and Poor’s said on Monday. “We think Islamic...

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TTP spokesperson, five other leaders declare allegiance to Islamic State

ISLAMABAD: Tehreek-e-Taliban Pakistan spokesperson Shahidullah Shahid and five other senior TTP leaders have declared allegiance to the Islamic State in Iraq and Syria. Shahidullah Shahid announced...

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Game of Thrones begins filming at historic Islamic fort in Spain

The Game of Thrones crew has begun shooting parts of the fifth season of the popular HBO series at the Alcázar Palace in the southern Spanish city of Seville. Local authorities are delighted by this...

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Shariah compliance: ‘Adamjee Life to enter Islamic insurance market next year’

KARACHI:  Adamjee Life is going to enter the Islamic insurance market by March next year, company CEO Fredrik de Beer told The Express Tribune in a recent interview. “We will complete the business...

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Islamic banking: SBP to purchase, sell Ijara Sukuk via OMOs

KARACHI:  In order to facilitate Islamic banking industry in their liquidity management and effective transmission of monetary policy, the State Bank of Pakistan (SBP) has decided that it may outright...

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Islamic State ‘training pilots’

Iraqi pilots who joined Islamic State are training its members in Syria to fly three captured fighter jets, a UK-based activist group says.

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Islamic banking: SBP revises initial paid-up capital to Rs6 billion

KARACHI:  In order to encourage conventional banks to upscale their Islamic banking operations by establishing Islamic banking subsidiaries, the State Bank of Pakistan (SBP) has revised the initial...

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Rules and regulations: ‘No non-Muslim can teach Islamic studies’

LAHORE: Justice Abid Aziz Shaikh of Lahore High Court (LHC) on Wednesday directed the Punjab Public Service Commission (PPSC) to submit an undertaking that no non-Muslim would be recruited as lecturer...

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Islamic State militants now world’s richest: experts

WASHINGTON: The Islamic State has become the world’s wealthiest terror group, earning tens of millions of dollars a month from illegal oil sales and ransoms, officials said Thursday. “We have no...

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No non-Muslim to teach Islamic studies

LAHORE:  Lahore High Court (LHC) issued a direction to the Punjab Public Service Commission last week regarding recruitment of lecturers for Islamic studies. Justice Abid Aziz Sheikh of the LHC...

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Islamic varsity fiasco: Three officials suspended

The administration of Islamic International University Islamabad on Monday suspended three varsity officials for as many months amid fresh protests by members of Islami Jamiat-e-Talba (IJT) against...

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Islamic State fears grow in Pakistan and Afghanistan

ISLAMABAD: The Islamic State organisation is starting to attract the attention of radicals in Pakistan and Afghanistan, long a cradle for militancy, unnerving authorities who fear a potential violent...

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The Islamic State movement and Pakistan

The emergence of the Islamic State of Iraq and Syria (ISIS) movement, or the Daaish movement, took Iraq and the rest of the world by surprise. This organisation represents an extreme and hardline...

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Acid attacks in Iran sharpen row over Islamic dress and vigilantism

BEIRUT: It is a question all Iranians are asking: who is stalking the streets of Isfahan, throwing acid into women’s faces? The attacks – there have been at least four in the busy city in central Iran...

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Islamic banking: SBP to purchase, sell Ijara Sukuk via OMOs

KARACHI:  In order to facilitate Islamic banking industry in their liquidity management and effective transmission of monetary policy, the State Bank of Pakistan (SBP) has decided that it may outright...

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Islamic State ‘training pilots’

Iraqi pilots who joined Islamic State are training its members in Syria to fly three captured fighter jets, a UK-based activist group says.

View Article


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Islamic banking: SBP revises initial paid-up capital to Rs6 billion

KARACHI:  In order to encourage conventional banks to upscale their Islamic banking operations by establishing Islamic banking subsidiaries, the State Bank of Pakistan (SBP) has revised the initial...

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Rules and regulations: ‘No non-Muslim can teach Islamic studies’

LAHORE: Justice Abid Aziz Shaikh of Lahore High Court (LHC) on Wednesday directed the Punjab Public Service Commission (PPSC) to submit an undertaking that no non-Muslim would be recruited as lecturer...

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Islamic Arts Museum Malaysia: In differences, we grow

Southeast Asia’s biggest and one of the world’s most representative collections of Islamic arts stands atop a hillock on Jalan Lembah Perdana in Kuala Lumpur. Founded in 1998, this museum, known...

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