Islamic finance finds a rapidly growing niche in the secular world

The past few years haven't been the best of times for the international banking sector. Aberrant behaviour by certain banks - and the contagion that followed - are the abiding memories of the financial crisis.

Monday, 29 October, 2012, 12:57am

Mali's famous culture under threat as Islamists ban music

Musicians and some of the fans at this year's Festival of the Desert on the edge of Timbuktu. Photo: AFP

The pickup halted in Kidal, the far-flung Malian desert town that is home to members of the Grammy-winning band Tinariwen.

26 Oct 2012 - 4:55am

Cashing in on the Islamic-bonds train

Chief Executive Donald Tsang Yam-kuen's plan to promote Hong Kong as an Islamic finance centre has been met with some scepticism and to attract the capital from Islamic institutions, adjustments to the legal, fiscal and taxation regimes are needed to ensure a level playing field between conventional and Islamic principles.

18 Mar 2008 - 12:00am

Saudis seek action over 'Arab chamber'

Envoy warns controversial trade group's existence threatens HK-Middle East ties

Saudi Arabia's consul general has called on the government to cancel the business registration of the Arab Chamber of Commerce and Industry.

16 Mar 2008 - 12:00am

Religious leaders fear conflict over sharia edicts

A government ruling upholding local edicts based on the Islamic legal code has alarmed some religious leaders, who say it could lead to conflict between Indonesia's religious groups.

27 Feb 2008 - 12:00am

Seven arrested in raid on sect of 'last prophet'

Indonesian police have arrested seven members of the Al-Qiyadah Al-Islamiyah, an Islamic sect led by Ahmad Moshaddeq, a man who claims to be the last prophet.

Sources said Moshaddeq, whose real name is Salam, was among those arrested, although the police have yet to confirm this.

31 Oct 2007 - 12:00am

Top judge calls for sharia law to cover all Malaysians

Malaysia's top judge has sparked controversy by suggesting the nation's legal system be changed from English common law to Islamic sharia principles.

27 Aug 2007 - 12:00am

Fatwa on mixed-sex education rejected

Muslim leaders and students have slammed a fatwa banning mixed-sex schools and universities issued by India's top Islamic seminary.

The Darul Uloom seminar announced the religious edict last week, stating that co-education is unlawful because it potentially gives rise to evil.

13 Jul 2007 - 12:00am

a feast for the censors

1 Which queen commissioned a plaster fig leaf for Michelangelo's David?

2 In the Red Hot Chili Peppers' song Tell Me Baby, radio censors often use what word to finish the line 'Life can be a little ...'?

3 Which of his films did Stanley Kubrick request be withdrawn from circulation in Britain?

1 Jul 2007 - 12:00am

Biblical law plan alarms bishops

While most of Muslim Indonesia is debating the encroachment of Koranic sharia law, a region in Papua is infuriating Christian authorities by planning to enforce laws based on the Bible.

14 Apr 2007 - 12:00am

Indian outcasts challenge 'third sex' stigma to run for office

Dressed in an ivory salwar kameez - a traditional Indian dress - a matching shawl arranged elegantly around her shoulders and a subtle slick of pink gloss on her lips, Seema is a vision of graceful femininity amid the noisy men who crowd her campaign office.

11 Apr 2007 - 12:00am

Prayer protest rails at sharia law

Leaders of the major non-Muslim religions yesterday launched a week of 'prayer protest' against what they describe as intrusion of sharia law into their lives.

The rare, nationwide campaign is led by the Malaysian Religious Consultative Council, which groups Christians, Buddhists, Hindus and Sikhs.

3 Apr 2007 - 12:00am

Intolerance blamed as turkey taken off the table

Government officials blame a bureaucratic blunder, but some Christians suspect 'creeping Islam'.

26 Dec 2006 - 12:00am

Women's concerns sidelined in Aceh's religious-political mix

Norma Susanti, 31, says she is a good Muslim. Yet, as she gets ready to vote in today's historic first direct election for governor, the young woman confesses she is unhappy about how politics and religion have been muddled.

She also worries that it will all lead to a bleaker future for women.

11 Dec 2006 - 12:00am

Caste aside

Soman was an eight-year-old boy leading a normal, middle-class life in New Delhi when he and his brother began to realise he was different. Soman felt like a girl, played like a girl and wanted to be a girl.

11 Jun 2006 - 12:00am