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Treasury Bills

Is Buying Stocks and Treasury Bills Allowed?

Wa `alaykum as-Salamu wa Rahmatullahi wa Barakatuh. In the Name of Allah, Most Gracious, Most Merciful. All praise and thanks are due to Allah, and peace and blessings be upon His Messenger. In this fatwa: It is allowed to buy stocks of companies whose main line of business is permissible provided such companies fulfill the …

Cryptocurrency Firm gets Islamic Certificate

US Cryptocurrency Firm Gets Islamic Certificate

MANAMA – Bahrain’s Shariyah Review Bureau (SRB) has certified the California-based Stellar firm for its blockchain platform and related cryptocurrency, a step that integrates the technology into the field of Shari’ah-compliant financial products, Reuters reported on Wednesday, July 18. SRBalso certified the guidelines for the types of assets that can be traded in Stellar platform. …


UK Mosque Raises £14,000 in Cryptocurrency Donations

LONDON – Two months ago,a mosque in the UK decided to accept cryptocurrency donations – and it’s seen dramatic results…Masjid Ramadan in East London now has raised almost £14,000 in digital payments, CryptoNewsReview reported on July 16. During the past holy Hijri month of Ramadan, between May 16 and June 14, the mosque in Shacklewell …

Halal Festival

Toronto Set for North America's Largest Halal Food Festival

TORONTO – The 6th edition of ‘Halal Food Fest Toronto’billed as “North America’s largest halal food festival” will be held on July 14-15, Daily Hive reports. Over 35,000 visitors from different Canadian communities are expected to enjoy the festivalat the International Center in Mississauga, Canada. More than 200 halal restaurants, bakeries, manufacturers, specialty stores and …

Malta Launches its Islamic Finance Association

Malta Launches Islamic Finance Association

VALLETTA – In a bid to attract business from Middle East firms, the government of Malta has established a national body to help drive the development of Islamic finance, Reuters reported on June 28. This will couple with further plans for legislation to facilitate the sector as the Mediterranean country aims to position itself as …

Hijab OK’d for Muslim Barred from Call to Bar

Hijab OK’d for Muslim Barred from Call to Bar

LAGOS – A female law student barred from Nigeria’s call to bar in 2017 for wearing the Muslim head covering has been asked to attend the 2018 ceremony. Anadolu Agency reported on June 21. Firdaus Amasa was denied access to the call to bar ceremony in Abuja, the capital city of the Muslim West African …


Halal Restaurant Guide App Launched for World Cup Fans

MOSCOW – Crave Halal, a restaurants mobile app, is now making lives easier for Muslim fans visiting Russia for the ongoing FIFA World Cup 2018. “Finding good halal restaurants can often be a great concern for the traveling Muslims. We hope our app will help these fans forget all worries about finding the right kind …

Will Month-Long Ramadan Fasting Affect World Cup Stars? - About Islam

Will Month-Long Ramadan Fasting Affect World Cup Stars?

MOSCOW – Despite being unable to eat or drink during daylight hours throughout Ramadan, Muslim footballers ready to compete in the 2018 World Cup confirmed that training sessions initially weren’t an issue in that international window. Commenting on this issue, Roel Coumans, former conditioning coach to then-Saudi Arabia manager Bert van Marwijk in 2017, believes …

UK Mosque Hosts Autism Support Session - About Islam

UK Mosque Hosts Autism Support Session

GLOUCESTER – Khadijah Mosque and Islamic center in Gloucester, the UK, opened its doors in the weekend to hold a support session for the Peterborough National Autistic Society. “It’s been a pleasure working with the members of the Khadija mosque,” Nazreen Bibi, branch chair of Peterborough National Autistic Society told Peterborough Today on April 15. …

Egypt’s Fatwa House Bans Trending Suicide Game - About Islam

Egypt’s Fatwa House Bans Trending Suicide Game

TUNIS – After a series of appalling teenager suicides connected to social media game “Blue Whale”, Egypt’s Dar al Iftaa, the country’s top Islamic authority, has declared the game forbidden in Islam. In a YouTube video, a Dar Al-Iftaa representative said the game consists of “several elements” deemed to be “forbidden” in Islam, as quoted …

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