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Islamic Banks Struggle with Standardization, Digitization
July 23, 2018
Islamic banks using sharia-compliant/compatible practices and products are rushing to grow their trade finance footprint by replacing global banks engaged in de-risking strategy but are encountering challenges in standardizing regulatory practices and using digitization tools to promote the reliability and growth of Islamic trade finance.
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Pakistani Extremists Target Shiites, Endorse Violence
July 23, 2018
Candidates from Sunni extremist groups, including those designated as terrorists, are using Pakistan’s 2018 national election campaign as an occasion to target the country’s Shiite minority community as apostates from Islam.
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Iraqi Christian Women Kidnapped by IS Remain Missing
July 23, 2018
The fate of almost all of the women kidnapped by the Islamic State (IS) from the ancient Iraqi Christian town of Qaraqosh remains unknown, even as the population is slowly returning to the destroyed Iraqi town since the expulsion of the Islamic caliphate forces.
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Case Reveals Broad Conspiracy for IS Attacks on US
July 18, 2018
The recent sentencing of a Maryland man to 20 years in prison on terrorism charges was based on a complicated FBI counter-terrorism investigation that revealed a broad network of Islamic State (IS) networks plotting a series of attacks, including the use of weaponized drones, on American soil.
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Malaysian Man Receives $450 Fine for Islamic Family Law Violation
July 16, 2018
A 41-year-old Malaysian man was fined $450 for violating certain parts of the state’s Islamic family law when he married an 11-year-old girl, although his fine did not include marriage to a minor.
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