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Odd One in the Pack: London, a New Hub for Islamic Finance?

New year 2014 will likely be very significant at least from the viewpoint of the London Stock Exchange, which stakes to become the world centre for Islamic finance. Earlier last year, Britain’s Prime Minister David Cameron announced the plan to issue sukuk – Islamic financial certificates often compared to Western bonds. The first sukuk certificate […]

Libya: HoR approves Fathi Bashagha-proposed budget

Libya’s parliament, The House of Representatives (HoR), voted in favor of a budget worth around $18 billion proposed by Fathi Bashagha, the legislature’s choice for the job of Prime Minister. “The State’s General Budget Law for the year 2022 was unanimously approved,” said HoR Spokesman, Abdulla Beihiq following a session held in Sirte. 103 members […]

Coach Regragui to lead Atlas Lions in South Africa game as CAF lifts suspension

Morocco coach Walid Regragui will be able to lead the Atlas Lions in the first knockout stage game against South Africa after CAF lifted his suspension. Regragui was banned for four games by CAF following a spat with captain of DRC and the ensuing altercations between players from the two teams, after their group game […]