Advanced economies ‘can learn from the Islamic system’

Funding agreements have to be backed by real assets in the form of property or profit flows. The esoteric financial instruments called “collateralised debt obligations” – the main cause of the 2008 global financial crisis – are not allowed in Islamic finance. This is another important principle in Islamic finance: the avoidance of excessive risk. … Continue reading Advanced economies ‘can learn from the Islamic system’

Islamic Jihad: Is Islam the first target?

Radical Islam, which today is growing in numbers all over the world, could ruin traditional Islam. The “Jihad for the purity of faith” proclaimed by the fanatics is trying to destroy not only the non-Muslim population of the planet, but even Muslims themselves. Radicalism has nothing in common with the Prophet Muhammad's religion and is … Continue reading Islamic Jihad: Is Islam the first target?

Top Islamic Diplomat visits Lahori Ahmadiyya Mosque

Ihsanoglu said, “We work within the legal framework of the countries concerned.” ”The OIC does not discriminate against women,” he added. “We have many programs to support woman." The OIC will also not interfere with the religious life of Muslims in Suriname, he told Ewout Lame of Dew Ware Tijd News. In the linked article … Continue reading Top Islamic Diplomat visits Lahori Ahmadiyya Mosque