Category: Muslim World

OIC Members Discuss Joint Monetary Channel

Tehran: The Central Bank of Iran’s Governor, Mohammadreza Farzin, announced the initiation of discussions for a joint monetary channel among Islamic nations during the sixth meeting of central bank governors from the Organization of Islamic Cooperation (OIC) in Istanbul. The main objectives of these negotiations include improving money transfer methods for tourists and businesses, establishing…

The Saudi Religious Discourse: Moderation in the Face of Extremism

The religious landscape in Saudi Arabia has undergone significant transformation as the country seeks to reconcile traditional values with modern development. This evolution has become increasingly important as Saudi Arabia moves away from its historical image and embraces innovation and revitalization. A key aspect of this contemporary religious discourse is the commitment to preserving the…

Bank’s Islamic Window Wins Global Award

CRDB Bank’s Sharia-compliant window, “Al Barakah,” has been awarded the Most Promising Islamic Banking Window Award for 2024 at the Global Islamic Finance Awards (GIFA) ceremony held in the Maldives. This accolade follows its recognition in 2023 as the Upcoming Islamic Banking Window. The bank’s representatives included Abdul Ally Mohamed, Chairman of the Sharia Advisory…

Iran Launches Persian Culture and Language Training in India

TEHRAN: The COMSTECH Inter-Islamic Network on Virtual Universities (CINVU) is set to establish the first Persian Culture and Language Training Department in India. This initiative aims to promote cultural convergence and offer training programs aligned with international standards in the Persian language. The launch was confirmed during an online meeting last week between Ahmad Pourqasem,…

Uzbekistan Hosts Global Conference on Islam’s Message of Peace and Tolerance

Tashkent, Uzbekistan, kicked off the international conference titled “Islam is a Religion of Peace and Kindness,” gathering over 70 leaders from various international organizations, religious figures, muftis, and esteemed scholars from 22 countries, including Saudi Arabia, Turkey, Egypt, and France. The conference began with welcoming remarks from Uzbek officials, who emphasized the significance of preserving…