islam
Dubai's Revival Raises Questions About Islamic Finance
12:00PM 11/08/2010
While the worst of the crisis may be past for the emirate, Dubai's financial troubles have highlighted some of the thorny issues underlying the Islamic world's integration with worldwide finance.
News Corp., the Saudi Prince and the 'Ground Zero Mosque'
1:40PM 8/16/2010
Fox News pundits decry Imam Feisal Abdul Rauf, who's sponsoring a mosque in lower Manhattan, as a threat to America. But for Fox's parent News Corp., doing billions of dollars in investment deals with a nephew of Saudi Arabia's king is just business as usual. And it shows how much more nuanced it is to run a multinational media giant today.
The Muslim celebration is a time of fasting, charity, discipline and families coming together. And it ends with a day of feasts and gift-giving. But some Muslims worry that like Christmas, Ramadan is losing its meaning.
More people are putting their money where their values are -- a sentiment that isn't lost on money managers. Just this week, the first of three exchange-traded funds targeted at Christian investors hit the market. Two more will launch next week.
A cash handout in Pasuruan, Indonesia turned into a stampede on Sunday, killing at least 21 people. A wealthy businessman announced he would be handing out gifts of 40,000 rupiah to people as part of his observance of the Muslim holy month of Ramadan. Such handouts are common in Indonesia, a Muslim...
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