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Iran urged to halt "crackdown" on women activists
U.N. human rights investigators called on Iran on Thursday to end what they called a "crackdown" on women's rights activists who have been harassed and detained for seeking equal status in the Islamic Republic.
Dubai dismisses speculation on selling of assets
Mohamed Ali Alabbar, a member of Dubai's Executive Council and chairman of Emaar Properties, has dismissed speculation that Dubai is in discussions to
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Investors seek Islamic finance to battle crisis
Rising risk aversion will force a flight to conservative Islamic investing, with Asia's $20 billion Sharia fund market likely to be led by the Middle East, Brunei, Kazakhstan and Indonesia, a fund house said yesterday. Once a niche market serving devout Muslims Islamic finance has become popular with investors as the world financial crisis prompted some to rethink the merits of conventional banking.
Sharia bonds and stocks have met with approval as financial market participants trade high returns for greater security. But regulators and bankers warn that Islamic finance will take a hit as the global economy tips into a
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