Islamic Law in the News Roundup

Islamic Finance Guru, a UK-based Islamic finance platform, recently raised £3 million in investments. The Saudi Crown Prince's overhaul of the country's legal system and practices traditionally thought as being mandated by sharī'a has given rise to discontent among some of the population. Ahead of the national Islamophobia summit, the National Council of Canadian Muslims … Continue reading Islamic Law in the News Roundup

Islamic Law in the News Roundup

Earlier this year, a Texas judge ordered that a woman seeking a divorce forgo Texas courts but instead submit to the jurisdiction of a sharī'a panel in Saudi Arabia, pursuant to the prenuptial agreement the woman had executed when entering her marriage. Ethos Invest has recently launched an ethical, sharī'a-compliant fund. A Moroccan woman was … Continue reading Islamic Law in the News Roundup

Islam and Data Science Roundup

A study by Reuters found that Muslims in France have been disproportionately impacted by the pandemic compared to other communities and that the COVID death rate among French Muslims is much higher than in the total population. A Reuters investigation of Indonesia's banking and finance sector revealed that an increasing number of Muslims employed in that sector are "quitting traditional … Continue reading Islam and Data Science Roundup

Islamic Law in the News Roundup

Algerian scholar on Islam, Said Djabelkhir, was sentenced to three years of prison for "offending Islam" in three Facebook posts calling for "reflection" on Islam's foundational texts. Pakistan's Prime Minister Imran Khan urged Western European countries to criminalize blasphemy against Islam. Faith-based investing opportunities have grown over the past years, as financial institutions and investment … Continue reading Islamic Law in the News Roundup

Islamic Law in the News Roundup

Ibrahim Abdo, an Australian Muslim, reported that his relatives in Gaza were wearing "their best clothes" before going to bed so that if their house is blown up they can be buried with those clothes, as the bodies of martyrs are not washed under Islamic law. The Oklahoma Muslim Women for Humanity conducted its annual … Continue reading Islamic Law in the News Roundup

Islamic Law in the News Roundup

As Somalia continues to debate over what to include in its new constitution and when to hold a referendum on it, women's rights have emerged as a divisive point of discussion among the country's politicians. A former member of the Central Bank of Nigeria has urged the institution to establish a special tribunal to resolve … Continue reading Islamic Law in the News Roundup

Islamic Law in the News Roundup

This Ramadan, because the duration of the fast varies from city to city based on dawn-to-dust time,  the Russian city of Murmansk has the longest fasting time - a total of 18 hours. Standard Bank announced that it launched its first shar'īa discretionary trust offering. Legal experts from the UAE recently stated that a person … Continue reading Islamic Law in the News Roundup

Islam and Data Science Roundup

In "The impact of Shariah supervisory board and Shariah audit committee on CSR adoption at Islamic banks"  (Journal of Asian Finance, Economics and Business (JAFEB), vol 8, no. 3 (2021)), K. M. Anwarul Islam (Millennium University, Pakistan) and others, using a dataset consisting of 309 questionnaires answered by managers and officers at various Islamic finance … Continue reading Islam and Data Science Roundup

Islam and Data Science Roundup

As Ramadan approaches, countries have turned to data generated by astronomers and local moon sighters to determine the exact beginning of the holy month. S&P's 2021 edition of Islamic Finance Outlook discusses financial data to asses how Islamic financial markets have performed in a year that continues to be impacted by the pandemic.

Islamic Law in the News Roundup

Iran's Guardian Council, the 12-member entity tasked with, among other things, ensuring the compatibility of legislation with Iran's Constitution, launched its English website. The UAE authorities announced a new rule that makes it mandatory for companies listed on any UAE stock exchange to have at least one woman on their board of directors. Saudi Arabia … Continue reading Islamic Law in the News Roundup