Short of talent, Islamic finance taps women scholars

By Reuters Staff
November 3, 2010

malaysia islamic finance (Photo: Islamic Financial Centre booth at Malaysia’s Central Bank – High Level Conference 2009 in Kuala Lumpur February 10, 2009/Zainal Abd Halim)

When Malaysian Aida Othman signed up for the new law programme at the International Islamic University in Kuala Lumpur, she did not expect to become one the few women with their hands on the levers of the world’s $1 trillion Islamic finance sector.

Mideast banks, funds seek to tap Muslim women’s wealth

By Reuters Staff
October 27, 2010

women banking (Photos: One of Dubai Islamic Bank’s women-only branches in Deira, October 26, 2010./Jumana El-Heloueh)

Emirati housewife Sarah Alzarouni brushed past a group of women clad in floor-length black robes, some with only their eyes showing, to enter through the frosted doors of one of Dubai Islamic Bank’s women-only branches. Clutching a Louis Vuitton bag to match her designer head scarf, Alzarouni greeted the female tellers and bank manager with three kisses on the cheek and sat down to do business.

Pope seeks Mideast religious liberty, bishops criticise Israel

October 24, 2010

synod 1 (Photo: Bishops at Mass marking the end of the synod of bishops from the Middle East in St. Peter’s Basilica at the Vatican October 24, 2010/Alessia Pierdomenico)

Pope Benedict called on Islamic countries in the Middle East on Sunday to guarantee freedom of worship to non-Muslims and said peace in the region was the best remedy for a worrying exodus of Christians.

Egypt’s new religious fervour breeds ghetto mentality

October 22, 2010

egypt koranA wave of religious fervour and a backlash by secular liberals has left some ordinary Egyptians feeling like strangers in their own country, and civil rights activists warn of a dangerous drift into sectarianism.

Egypt stops TV channels, Islamic trend seen a target

October 20, 2010

satellite dishesEgypt has temporarily shut 12 satellite channels and warned 20 others for reasons ranging from insulting religions to broadcasting pornography, although an analyst said the real target seemed to be strict Islamic trends.

Islam part of Germany, Christianity part of Turkey – Wulff

October 20, 2010

wulff 1 (Photo: Presidents Christian Wulff (R) and Abdullah Gül, followed by wives Bettina (R) and Hayrünnisa, during official welcome in Ankara October 19, 2010/Umit Bektas)

When German President Christian Wulff recently declared that Islam “belongs to Germany,” Christian Democratic  politicians there howled and Muslims living in Germany and Turkey cheered. Now Wulff, on an official visit to Turkey, has told the Turkish parliament that “Christianity too, undoubtedly, belongs to Turkey.” This time there was applause in Germany, and  silence from the Turkish deputies listening to him in Ankara on Tuesday.

Hamburg moves toward official recognition of Islam

October 19, 2010

hamburgHamburg may soon become the first German state officially to recognize Islam as a religious community and give its Muslims the same legal rights as Christians and Jews in dealing with the local administration.

In quiet revolution, Turkey eases headscarf ban

October 18, 2010

turkey headscarfFreshman Busra Gungor won’t have to wear a wig to cover her Islamic headscarf, as many pious relatives and friends did to avoid getting kicked off campus.

Germany holds inflamed debate on Islam and migration

October 18, 2010

merkel JUGermany’s inflamed public debate about Islam and integration risks serious overheating as politicians compete to make ever tougher statements criticizing Muslims immigrants they accuse of refusing to fit in here.

Radical Islamists aim to infiltrate Hamburg mosques

October 15, 2010

hamburg mosque (Photo: An imam leads prayers at Central Mosque in Hamburg October 8, 2010/Christian Charisius)

Radical Islamists from a shut down Hamburg mosque linked to the September 11 attacks on the United States are now trying to infiltrate other mosques in and around the German city, according to officials and Muslim leaders.