Islamic finance’s reputation as “safe” is a myth: Qatar regulator

By Reuters Staff
January 28, 2010

saudi-bankers

Traders at the Saudi Investment Bank in Riyadh, 8 Oct 2008/Fahad Shadeed

It’s a myth to assume Islamic finance products are safer than conventional products and underlying risks should be studied more carefully, Qatar’s top regulator said at the Davos World Economic Forum meeting on Wednesday. Despite being billed as a safer alternative to traditional banking because assets must underpin deals, Islamic bondholders have found they may not have any more legal safeguards than conventional counterparts in the event of default.

Muslim Brotherhood to Egypt: Don’t squeeze out moderates

January 27, 2010
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Mohamed Badie in an interview with Reuters in Cairo, 26 Jan/Asmaa Waguih

The new leader of the Muslim Brotherhood has said that  government efforts to squeeze Egypt’s biggest opposition group out of politics would only spur on “deviant” and potentially violent Islamic movements.  Mohamed Badie, 66, told Marwa Awad and Edmund Blair of the Reuters Cairo bureau the group would campaign in this year’s parliamentary election, but a state crackdown would likely prevent a repeat of its success in 2005 when it secured a fifth of the seats.

GUESTVIEW: Wearing a burqa will now be a crime?

By Guest Contributor
January 23, 2010
burqa 1

Veiled woman in Kabul, 10 Dec 2009/ Omar Sobhani

The following is a guest contribution. Reuters is not responsible for the content and the views expressed are the authors’ alone. Asghar Ali Engineer, a leading Indian Muslim intellectual and activist, is head of the Centre for the Study of Society and Secularism in Mumbai, where he works to promote peace and understanding among religious and ethnic communities.

Mauritanian Muslim imams initiate rare ban on female circumcision

By Reuters Staff
January 22, 2010
FGM

Women meeting in western Senegal to discuss eradicating female genital mutilation, 10 Sept 2007/Finbarr O'Reilly

Q+A-The Muslim Brotherhood’s influence on Egyptian politics

By Reuters Staff
January 17, 2010
badeea Mohamed Badeea at news conference in Cairo 16 Jan 2010/Asmaa Waguih

Egypt’s Muslim Brotherhood, the world’s oldest Islamist political group, has named a conservative as its new leader, suggesting that the country’s biggest opposition group may lower its political profile and focus on a social agenda.

from Africa News blog:

Was Nigerian bomber a one-off?

December 28, 2009

SECURITY-AIRLINE/TRANSITQuite apart from the Nigerian would-be plane bomber’s lack of success, there are other reasons why Africa’s most populous nation cannot be expected to produce a rash of similar cases.

Support lower for Muslim-backed U.N. text on defamation of religion

December 18, 2009
UNGA

United Nations General Assembly, 24 Sept 2009/Ray Stubblebine

The U.N. General Assembly condemned defamation of religion for the fifth year running on Friday but support continued to erode for a resolution Western countries say threatens freedom of speech.

Pew measures global religious restrictions

December 16, 2009

The Pew Forum on Religion & Public Life has come out with a new report that tries to measure, country by country on a global level, government and social restrictions on religion. You can see our coverage of the report here and here and can download the whole report here.

Muslim revival brings polygamy, camels to Chechnya

December 16, 2009

chechnya mosque

Main mosque in Grozny, capital of Chechnya, 17 May 2008/Said Tsarnayev

Adam, 52, keeps his three wives in different towns to stop them squabbling, but the white-bearded Chechen adds he might soon take a fourth.  “Chechnya is Muslim, so this is our right as men. They (the wives) spend time together, but do not always see eye to eye,” said the soft-spoken pensioner, who only gave his first name.

Most U.S. Protestant pastors see Islam as dangerous – survey

December 15, 2009
atlantamosque

American Muslims at the Atlanta Masjid of al-Islam mosque, 9 Feb 2007/Tami Chappell