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AMMAN (Jordan): In an effort to address negative perceptions of Islam, especially related to extremism, Malaysia has taken initial steps to promote moderation and to explain the beauty of Islam.
PUTRAJAYA: Wars involving Muslims today are not caused by Islam’s teachings, but by leaders and scholars who deviate from the religion due to politics and greed, said Tun Dr Mahathir Mohamad.
Dubai Investment Group (DIG) yesterday sealed an agreement with BIMB Holdings Bhd to buy 40% stake in unit Bank Islam Malaysia Bhd - the country's oldest Islamic bank - for RM828mil, signalling the single largest investment to be made by the Dubai-based group in Asia's financial sector.
CAIRO (Reuters) - In his battle against militant Islam, Egyptian President Abdel Fattah al-Sisi is relying not just on bomber planes and soldiers but on white-turbaned clerics from Al-Azhar, Egypt's 1,000-year-old centre for Islamic learning. He wants clerics to counter radicalism in the classroom.
Bank Islam, which embarked on a transformation programme following steep losses in 2005 and 2006, is set on an aggressive growth path.