The Islamic M Series, which uses a three-year average of market capitalisation, enables the inclusion of growth-oriented ...

JIDDAH, Saudi Arabia — As big Western financial institutions have teetered one after the other in the crisis of recent weeks, another financial sector is gaining new confidence: Islamic banking.

Islamic investing is now a $5 trillion global system, combining Shariah principles with sophisticated products such as Sukuk, Murabaha and Musharakah. Learn what it means for elite investors.

What do Anheuser-Busch, Playboy and Bank of America have in common? They are forbidden — or haram — stocks for the Amana Funds, an $81 million-asset mutual-fund family in Bellingham that invests ...

Global debt has crossed a significant milestone, surpassing $305 trillion, which now stands at over 300% of the global gross domestic product (GDP), totalling $101.1 trillion in 2022. Despite this ...

In a major development, the Council of Islamic Ideology (CII) on Friday declared the use of Virtual Private Networks (VPNs) against Sharia (Islamic laws). In a statement, CII Chairman Dr Raghib ...

“There are no two ways about it. To understand the significance of this title requires some self-disclosure. Since the Islamic intellectual discourse has such a poor historical record of women’s ...