American Banker

Islamic banking: How do you make money on a no-interest loan?

That’s the dilemma facing any financial institution that wants to serve the growing Muslim population. The Quran and Shariah law have strict rules against charging interest, but North Jersey FCU in ...
American Banker

Newly Chartered Islamic Credit Union to Offer No-Interest Loans

ALEXANDRIA, Va. — The National Credit Union Administration announced Friday that it had approved the federal insurance of members' accounts for a credit union recently chartered by the Texas Credit ...
VTDigger

Vermont credit union developing a lending program that complies with Islamic law

Click to share on Facebook (Opens in new window) Click to share on X (Opens in new window) Click to email a link to a friend (Opens in new window) Click to share on LinkedIn (Opens in new window) ...
Washington Times

Topic - Islamic Courts Union

The Islamic Courts Union (ICU) (, Ittihād al-mahākim al-islāmiyya) was a group of Sharia Courts who united themselves to form a rival administration to the Transitional Federal Government (TFG) of ...
Zawya

Islamic Union of Kurdistan holds its third conference and ISIS acquires most of its issues

"Shafaq News" followed the course of the first day of the conference where the Secretary-General of the Federation , Mohammed Faraj delivered a speech in which the Islamic Union position from the ...