Share index of Shariah-compliant companies launched in New Delhi By TwoCircles.net staff reporter, New Delhi: Islamic banking is gaining popularity all over the world including India. This can be judged by the forecast that investments worth $100 billion will be made globally in this system by 2010. These estimates were revealed by […]
Reliance Life Insurance launches RSIP Press Trust of India / Mumbai June 18, 2008, 17:17 IST http://www.business-standard.com/common/storypage_c_online.php?leftnm=10&bKeyFlag=IN&autono=40267 Anil Dhirubhai Ambani Group firm Reliance Life Insurance today launched a pure equity unit linked insurance plan that provides investors an opportunity to invest in eight different fund options, including a Shariah compliant fund. […]
14 June 2008 http://english.farsnews.com/newstext.php?nn=8703251089 TEHRAN (FNA)- An Indian consortium led by ONGC Videsh would invest $3 billion in developing gas reserves at the Farsi block in Iran, a senior official from Indian Oil Corporation, which is also a part of the group, said on Friday. ONGC Videsh, a wholly-owned subsidiary of Oil and Natural Gas […]
http://tinyurl.com/4ppdan India-Dubai trade records 74% rise 2 Jun, 2008, 1816 hrs IST, IANS DUBAI: Non-oil trade between India and the emirate of Dubai touched a record $19 billion in 2007, a rise of 74 percent from $10.9 billion of the previous year. “India is now the top export and re-export destination for Dubai and […]
May 27th, 2008 Hat tip: Tom Heneghan Is Henry Kissinger trying to update the domino theory to fit what he fears in 2008? He had a “Lunch with the FT” interview in Saturday’s Financial Times and surprised his interviewer, historian Stephen Graubard, by linking the war in Iraq and Muslims in India. As Graubard wrote: […]
Axis Bank of India opens Branch in Dubai
Axis Bank opens its Representative Office in Dubai Axis Bank, a leading private sector Bank in India has opened its Representative Office in Dubai today. The representative office in Dubai will mark their valuable presence in the region, enabling the bank’s clients gain easier access to the banks services.The Representative Office will be engaged […]
New Delhi, Mon, 28 Apr 2008 Noor En Ahmed The Indian Economy is blazing since last couple of years, as per government claims and similarly Indian stock exchange is also showing remarkable performance by crossing the 21K mark however, it also dipped below 15K. But it happens in the stock market and market expert […]
Darul’s fatwa against eye donation – Express news service Posted online: Sunday , April 27, 2008 at 12:03:09 Updated: Sunday , April 27, 2008 at 12:03:09 http://www.expressindia.com/latest-news/Daruls-fatwa-against-eye-donation/302061/ Agra, April 26 A fatwa issued by Darul Uloom of Deoband has prohibited Muslims from donating their eyes or getting an eye transplant.In a reply to […]
Muslims must avoid eating beef if there is gohttp://economictimes.indiatimes.com/articleshow/msid-2987585,prtpage-1.cmsvernment ban: Darul-Uloom 27 Apr, 2008, 1351 hrs IST, AGENCIES LUCKNOW/NEW DELHI: The Islamic seminary Darul-Uloom, Deoband has issued an edict calling Muslims to refrain from cow slaughtering and beef eating if it is “prohibited under law.” “Muslims must refrain from cow slaughter, beef eating or […]
March 18, 2008 As the population of Muslims is increasing in western countries like U.K., USA, Canada etc. the demand for applying Shari’ah law to Muslims is being voiced. The Government of Canada was toying with the idea of enforcing Shari’ah law in the state of Toronto but none other than progressive Muslim women […]
Islamic Terrorists Intended To Target India’s Stock Exchange, BARC <http://www.nasdaq. com/aspxcontent/ NewsStory. aspx?cpath= 20080313\ACQRTT20080 3130639RTTRADERUSEQ UITY_0400. htm&&mypage= newsheadlines& title=Islamic> &&mypage=newsheadli nes&title= Islamic Terrorists Intended To Target India (RTTNews) – The two suspected Harkat-ul-Jihadi Islamic terrorists gunned down in an encounter in Thane in Mumbai on Wednesday intended to target the Bhabha Atomic Research Centre-BARC and […]
Dubai International Capital plans more Mideast deals By Mirna Sleiman March 3, 2008 DUBAI (Zawya Dow Jones) — Dubai International Capital, a Dubai-government controlled investment company that owns a stake in HSBC Holdings Plc, plans more Mideast deals in an effort to capitalize on the region’s booming economies, a top executive said. “DIC has close […]
http://in.reuters.com/article/businessNews/idINIndia-32035320080219 S&P unveils Shariah-compliant equity indices in India Tue Feb 19, 2008 7:53pm IST [–] Text [+] MUMBAI (Reuters) – Rating agency Standard & Poor’s (S&P) said on Tuesday it has launched two Shariah-complaint equity indices in the country in partnership with India Index Services & Products Ltd.The indices have been derived from the top […]
DIC to invest $5 Billion in India, China and Japan
body { background: #FFF; } Print | Close this window Dubai Intl to invest $5 billion in India, China & Japan Tue Feb 19, 2008 5:03am EST Nathan Layne TOKYO (Reuters) – Dubai International Capital, an investment fund owned by the ruler of Dubai, said it planned to invest about $5 billion in China, […]
List of Major Banks dealing with Shariah Finance-tools for research
Here is a list of banks that are expanding the Islamic Shariah industry worldwide. Also, a link to the major periodicals that discuss Shariah Finance. In order to combat this rising influence on our banking industry, you must learn and understand what it is. This type of banking is a screen to infiltrate into a […]
Launches New Dharma-Based Index http://www.religionnews.com NEW YORK, USA, January 15, 2008: Financial news powerhouse Dow Jones & Company has launched new “dharma indexes” to track the stocks of companies that observe the values of dharma-based religions such as Hinduism and Buddhism. The Dow Jones Dharma Indexes are the first to measure dharma-compliant stocks and now […]
Business Week-“Who’s Afraid of Mideast Money?”
This is one of the most important articles to read about the emerging power and takeover of the West by Middle East Money. We should all be afraid…very afraid. However the lust for greed and money will be the downfall of the democracy we live under unless we can change this course of selling our […]
Business Week-“Who’s Afraid of Mideast Money?”
<!– if (!window.OAS_sitepage) { var BW_site; // use for new ad site var BW_page = “/printerfriendly”; var OAS_listpos; // use to restrict the number of available page positions document.write(”); } //–> THIS IS ONE OF THE MOST IMPORTANT ARTICLES I HAVE POSTED. IT IS A MUST READ, AND ONE THAT NEEDS TO BE READ AND […]
India hosts Sharia Banking Conference
Home Indian Muslims Muslims gather to discuss Islamic investments Muslims gather to discuss Islamic investments User Rating: / 1 PoorBest Kolkata, Jan 6: Muslims from the city and nearby areas attended a conference here Sunday to figure out ways to invest that did not violate their religious tenets. The conference, aimed at educating and sensitising Muslims on […]
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