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It is time to position Islamic finance as sustainability leader

We live in an era where consumers, especially young people, demand that values and purpose are embedded into the work of businesses, employers and financial markets. In the decade since the financial crisis there has been mounting concern about why the system could have failed so badly, with the consequent effect on society, coupled with…

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Six African heritage sites under threat from climate change

By Pablo UchoaBBC .css-14iz86j-BoldText{font-weight:bold;}From rock art in southern Africa to pyramids along the River Nile, humans have been leaving their mark across the continent for millennia. .css-yidnqd-InlineLink:link{color:#3F3F42;}.css-yidnqd-InlineLink:visited{color:#696969;}.css-yidnqd-InlineLink:link,.css-yidnqd-InlineLink:visited{font-weight:bolder;border-bottom:1px solid #BABABA;-webkit-text-decoration:none;text-decoration:none;}.css-yidnqd-InlineLink:link:hover,.css-yidnqd-InlineLink:visited:hover,.css-yidnqd-InlineLink:link:focus,.css-yidnqd-InlineLink:visited:focus{border-bottom-color:currentcolor;border-bottom-width:2px;color:#B80000;}@supports (text-underline-offset:0.25em){.css-yidnqd-InlineLink:link,.css-yidnqd-InlineLink:visited{border-bottom:none;-webkit-text-decoration:underline #BABABA;text-decoration:underline #BABABA;-webkit-text-decoration-thickness:1px;text-decoration-thickness:1px;-webkit-text-decoration-skip-ink:none;text-decoration-skip-ink:none;text-underline-offset:0.25em;}.css-yidnqd-InlineLink:link:hover,.css-yidnqd-InlineLink:visited:hover,.css-yidnqd-InlineLink:link:focus,.css-yidnqd-InlineLink:visited:focus{-webkit-text-decoration-color:currentcolor;text-decoration-color:currentcolor;-webkit-text-decoration-thickness:2px;text-decoration-thickness:2px;color:#B80000;}}But extreme weather events, the rise in sea levels and other challenges associated with the changing climate are threatening to destroy invaluable cultural landmarks,…

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Opinion | A New Secularism Is Appearing in Islam

For decades, social scientists studying Islam discussed whether this second biggest religion of the world would go through the major transformation that the biggest one, Christianity, went through: secularization. Would Islam also lose its hegemony over public life, to become a mere one among various voices, not the dominant one, in Muslim societies?

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City Bank : International Islamic Trade Finance Corporation Signs US$15 million Murabaha Financing Facility to support SMEs in Bangladesh ITFC partnership will enable one of Bangladesh’s key financial institutions to reach out and provide financial support to SMEs | MarketScreener

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org), member of the Islamic Development Bank (IsDB) Group, has approved a US$15 million Murabaha Financing Facility in favour of City Bank Limited in Bangladesh to support the Bank’s private sector businesses, particularly SMEs importing raw materials from the international markets.

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Did Erdogan approve Azerbaijan escalation in Nagorno-Karabakh?

Oct 2, 2020 Erdogan weighs in on “distorted” world order Turkish President Recep Tayyip Erdogan views the world with both grievance and a sense of opportunity. In a major speech Oct. 1, he assailed the failures of the post-World War II international system, declaring, “There is no chance left for this distorted order, in which the entire globe…

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