Posts

Islamic finance is becoming so attractive that even non-Muslims want in

,
SHAFAQNA - Islamic finance has traditionally been dominated by Muslim-majority countries in the Middle East and Southeast Asia. Now much of the rest of the world is getting in on it. Buoyed by the perception of more tranquil market conditions…

Norwegian Bank Entices Muslims With Interest-Free 'Halal Loans'

SHAFAQNA - With Europe becoming increasingly multicultural, many established institutions are being forced to change their routines to cater to all tastes. A Norwegian bank started to offer its clientele ‘halal loans' based on Islamic principles. A…

Islamic for students in the UK now available

SHAFAQNA - In a move expected to increase the number of Muslim students in British universities, the UK government has approved new charitable Shari’ah-complaint loans for Muslim students to increase diversity in campuses. “We will introduce…

More non-Muslims using Islamic finance in Malaysia

SHAFAQNA - More non-Muslims are using Islamic finance than Muslims in Malaysia and that is an indication of how widespread the support and acceptance for it is, said Prime Minister Datuk Seri Najib Tun Razak. Najib said the popularity of…