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OIC Conference Reveals Continuing Saudi-Iran Cleavage on Islam and Mideast Hegemony
October 17, 2014
A strident exchange between senior officials of Saudi Arabia and Iran at the recent meeting on Gaza of Foreign Ministers of the Organisation of Islamic Cooperation ("OIC") revealed the continuing Saudi/Sunni versus Iran/Shia struggle for hegemony over Islam and Islamists in the Middle East.
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IMF Supporting Expansion of Sharia Finance
October 15, 2014
The International Monetary Fund's ("IMF") Interdepartmental Working Group on Islamic Finance met with the External Advisory Group for the first time since its establishment this past summer to begin cooperation aimed at bolstering the globalization of Islamic finance.
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Split Worth Watching Between Islamists of Hamas and Islamic State
October 15, 2014
The leadership of the Palestinian organization Hamas has undertaken a media and diplomatic campaign designed to specify precisely Hamas's rejection of the doctrinal and ideological version of Islamism propounded by the extremist-terrorist group The Islamic State ("IS"), including a rejection of the IS commitment to violent jihad to implement a global sharia state.
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Belgian Islamists Accused of Recruiting for Jihad Begin Trial
October 08, 2014
The trial of members from the Belgian Islamist Group, Sharia4Belgium, has begun, with 46 individuals charged with recruiting for jihadi violence in Syria, as Belgium seeks to staunch the transnational radical Islamist networks operating inside the country.
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Sharia Bonds a Growing Asset Class in Global Finance
October 08, 2014
The expansion of Islamic finance and, more specifically, of sharia-compliant bonds as an asset class is attributable to sovereign and private investors who are seeking out what are perceived as high-yield, low-risk investments in emerging markets, according to financial experts in the Asia-Pacific region.
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