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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 […]

Tunisia: Three Soldiers Killed in Terrorist Attack near Algerian Border

Three Tunisian military personnel Monday lost their lives in an ambush laid by terrorists in the mountainous region of Douar Ben Njeh, near the Algerian border, Defense Ministry spokesman told reporters. The three soldiers were killed as their tank hit landmines, Belhassen Ouslati indicated adding that the soldiers were further targeted by rifle shots and […]

France: Hollande renounces running for 2017 Presidential elections

French President Francois Hollande Thursday stunned the country as he announced he would not contest next year presidential elections. “I have decided not to run for presidential election, and the renewal of my mandate,” he said in a speech at his office. The 62 years old President has had a mandate peppered with challenges ranging […]