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Experts Anticipate Slowdown in Islamic Finance Industry
October 27, 2015
Financial industry analysts predict a marked slowdown over the medium-term in the double-digit growth rates that characterized Islamic finance over the past decade, due to the effects of declining oil and commodities prices in Muslim majority markets and the absence of globalized regulatory structures that could minimize the high risks of sharia-compatible finance.
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OIC's Empty Rhetoric on Climate Change Belies Reality of Member-State Polluters
October 27, 2015
The Organisation of the Islamic Conference's ("OIC") much ballyhooed Islamic Climate Declaration this past September belies the reality that the leading power brokers in the 57-member-state group continue to ensure that the countries of the "global umma" reject implementation of policies that can curb climate change and its deleterious effects on food sustainability, economic growth, and peace.
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OIC Ramps up Global Lobbying on Israeli-Palestinian Disputes in Jerusalem
October 21, 2015
The Parliamentary Union of the Organisation of Islamic Cooperation ("OIC") resolved that its 57 member states will intensify their engagement with parliamentary interlocutors worldwide on behalf of Palestinians, seeking sanctions and other international action against Israel for "crimes of war and crimes against humanity" in the latest Israeli-Palestinian dispute about access to the al-Aqsa Mosque and Christian sites in Jerusalem.
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Islamic Finance Groups Aim to Expand into Mediterranean Region
October 21, 2015
The 3rd Mediterranean Islamic Finance Forum will meet in November in Barcelona, Spain, to explore expansion of capital flows for sharia-compliant/compatible financing of infrastructure and development projects by small and medium enterprises, which is part of a larger effort by the General Council for Islamic Banks and Financial Institutions (a global association affiliated with the Organisation of Islamic Cooperation) to expand the platform of Islamic finance from its Mideast hub across the Mediterranean region.
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Danish Cartoon Anniversary Shows Global Effects of Islamic Blasphemy Laws
October 19, 2015
A review of the chilling effects on press and speech freedoms in the anniversary decade since the Danish newspaper Jyllands-Posten's publication of cartoon depictions of Islam's prophet Mohammed points to the globalized, corrosive impacts on democracy caused by Islamist blasphemy.
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