The Islamic economy has for long been associated with the Islamic financial law. Based on the moral code and religious law of Islam – shari’a – Islamic banking requires very stringent capital requirements in loan markets, rejects interest rates, and promotes profit and loss sharing between the client and the bank according to the contract […]
Sudan’s ruling generals and the main pro-democracy group have inked a framework deal until elections but key dissenters have stayed out of the agreement. The deal, the first of at least two planned accords, that was signed this Monday, pledges to establish a new, civilian-led transitional government to guide the country to elections and offers […]
France’s decades-long military presence in Africa is winding down after the French army has handed over its third and last military base in Chad to the country’s government. The military ceremony held in the capital N’Djamena on Wednesday (29 January) marked the official end of French military presence in the country. According to sources from […]
