Islamic

Paris to rival London as centre for Islamic finance (Financial Times)

13 May 2008

France will on Wednesday take a significant step towards establishing Paris as a western centre for Islamic finance when plans to attract this fast-growing sector to the city are discussed in the country’s parliament.

Government, militants agree courts may seek Islamic 'guidance' in parts of NW Pakistan (AP via Yahoo! Philippines News)

13 May 2008

Pakistan's government agreed to let judges consider Islamic religious guidance in court cases in parts of the volatile northwest, officials said Tuesday.

Zeti: Common Rules & Standards Needed For Islamic Finance (Malaysian National News Agency (BERNAMA))

13 May 2008

KUALA LUMPUR, May 13 (Bernama) -- A common understanding and acceptance of the rules and standards is required to forge closer linkages among the global Islamic financial markets, Bank Negara Malaysia governor Tan Sri Dr Zeti Akhtar Aziz said Tuesday.