France?s quest to create a new European hub for Islamic finance could soon yield results for wholesale banking and Islamic bonds, but concerns over the image of Islam may put the brakes on retail banking. Since launching a drive to develop Shariah-compliant financing and draw Middle Eastern capital to France around two years ago, Paris has made large strides on the legal and fiscal front, with much of the framework already set.
In the News
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September 9th, 2009
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September 9th, 2009
Globs of human fat removed during liposuction conceal versatile cells that are more quickly and easily coaxed to become induced pluripotent stem cells, or iPS cells, than are the skin cells most often used by researchers, according to a new study from Stanford's School of Medicine.
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September 9th, 2009
Miriam considered an abortion when she fell pregnant after being raped but she has no regrets about having her daughter, now aged seven.
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September 9th, 2009
Proposals which would effectively force public bodies to discriminate against Middle Britain will be a top government priority, Harriet Harman will say later today.
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September 9th, 2009
Emotions are running high in parts of Britain. Only a couple of weeks ago, rumors that a 'Right wing' group was planning to march through the Bury Park region of Luton were spreading through the Muslim communities of the city.
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September 9th, 2009
Cases of euthanasia in Belgium's Flanders region soared to nearly 2 percent of all deaths in 2007 after the country legalized the practice a few years earlier, a medical study has shown.
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September 9th, 2009
A decision on whether to allow television adverts for abortion has been put off by watchdogs following a public outcry.
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September 9th, 2009
According to press reports, yesterday?s convictions of three young British Muslims in the al Qaeda transatlantic airline plot terrorist trial in London have been hailed as a ?triumph? and an ?enormous relief? by the political and security establishment. Really? They shouldn?t break out the champagne just yet.
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September 9th, 2009
We must rise to the challenge posed by Islam, as the church teaches.
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September 9th, 2009
Destructive instinct is inherent to humans, but thanks to our intelligence, values, spiritual philosophy and formula of coexisence, we progressed toward civilization. But, thanks to Islamic teachings, some Muslims fail to follow that path, making them terrorists...