Islamic Law in the News Roundup

ISLAMIC LAW IN THE NEWS The Islamic Finance Market 2022 report has recently been published and predicts substantial growth in the Islamic financial market by 2030. The global takaful market, a type of Islamic insurance, has been estimated to grow from $24.85 billion to $97.17 in 2030. The Westbury Arts Museum (New York) has partnered … Continue reading Islamic Law in the News Roundup

Islamic Law in the News Roundup

ISLAMIC LAW IN THE NEWS The Church of Jesus Christ of Latter-day Saints recently published an informational pamphlet stressing "shared practices and beliefs" their faith community shares with Muslims, to which Luna Banuri, executive director of Utah Muslim Civic League, responded: "They did a very good job in presenting a holistic view of Islam that … Continue reading Islamic Law in the News Roundup

Islamic Law in the News Roundup

ISLAMIC LAW IN THE NEWS Turkish President Recep Tayyip Erdogan vowed to cut interest rates, arguing that the cut is also in line with Islamic law. In a recent interview, one of the few female judges in Palestine, Kholoud al-Faqeeh, commenting on religious courts and women, stated: "A woman’s whole life cycle is before these … Continue reading Islamic Law in the News Roundup

Islamic Law in the News Roundup

ISLAMIC LAW IN THE NEWS Islamic fintech, or iFintech, witnessed considerable growth recently, with Malaysia described as "the most robust ecosystem supporting the industry." Online and mobile-first fintech companies, sometimes called "neobanks," are increasingly offering sharī'a-compliant services, in a move to accommodate the needs of their Muslim clientele. While many Afghans continue to fear the … Continue reading Islamic Law in the News Roundup