The UN High Commissioner for Refugees (UNHCR) has called for international solidarity to allow the distribution of refugees stranded in Libya to other countries. Welcoming the agreement with the African Union and Rwanda to set up a refugee transit mechanism for evacuation of vulnerable refugees out of Libya, UN High Commissioner for Refugees Filippo Grandi […]
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 […]
Morocco’s competition council issued a fine of 1.8 billion dirhams or 180 million dollars against nine fuel supply, distribution, and storage companies for their failure to respect fair competition standards in the county. The council did not unveil the name of the nine companies in its statement but said it had reached an agreement with […]
