KABUL (AFP)  Afghanistan, one of the world’s poorest countries, is sitting on mineral and petroleum reserves worth an estimated one trillion dollars, President Hamid Karzai said Sunday. The war-ravaged nation could become one of the richest in the world if helped to tap its geological deposits, Karzai told reporters. “I have very good news for Afghans,” Karzai said. “The initial …

Little is it known that there was a time when the Sultans of Turkey ruled the hearts of the Musalmans of the far-famed isle of Sarandib. Sri Lanka is home to a large number of Muslims many of whom comprise the descendants of Arab traders who had settled down here several centuries ago. It would appear that in the early …

  Times Of India NEW DELHI: Aggressively pitching for $1 trillion worth of Sharia-compliant funds from the Gulf countries for investments in its infrastructure development, the UPA government has drafted a report on Islamic banking even as RBI and the finance ministry are jointly working on necessary legislative changes to implement the same. A committee headed by the Cabinet Secretary …