ISTANBUL (Reuters) – Selling fruit from a cart in a working-class neighbourhood of Istanbul hasn't made Mehmet rich, but he's adamant his modest savings won't ever see the inside of a bank. "Getting paid interest is a sin," he said, piling bunches of grapes onto a rusty set of scales in the conservative Fatih district. "I keep my money partly …
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Islamic Finance Today, the exclusive Islamic Banking and Finance Magazine has released its latest February 2015 issue. The magazine which is now available for free downloading as a trial offer for three months delivers a mix of exclusive articles by the leading scholars in the field, interviews with prominent personalities, industry trends, news, views and events. This month’s issue features …
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London, (IINA) – London is bidding to become a leading centre for sharia-compliant finance, according to the UK's foreign minister for the Middle East Tobias Ellwood. Speaking at The Telegraph's Middle East Congress on Wednesday, Ellwood, undersecretary of state at the Foreign Office, said the capital had ambitions to stand alongside Dubai and Kuala Lumpur as a global hub for …
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A number of tourist companies offer programs and websites to familiarize tourist locations where halal products are available. They are meant to help Muslim families, who are averse to pork and alcohol while traveling in different parts of the world, without compromising their religious beliefs and requirements. Officials of travel and tourism companies that promote halal tourism say they have …
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ATTRACTIVE DESTINATION: More than 1.5 million tourists visited Sri Lanka in 2014. JEDDAH: FADIA JIFFRY Sri Lanka’s tourism industry has just experienced its best ever year, recording over 1.5 million tourist arrivals in 2014, according to government data. With numbers continuing to set records for 68 straight months in December 2014, totaling a 1,527,153 tourists, the island saw a 19.8 …
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