President Yoweri Museveni of Uganda on Wednesday officially established the country’s first interest-free commercial Islamic bank, allowing it to operate in accordance with Islamic principles. Museveni stated during the Salaam Bank’s inaugural ceremony in the capital, Kampala, that Islamic Read more…
Tag: Uganda
The widely shared video showed Abdul Rahman Abdul Rashid, a worker, standing at a mosque’s pulpit in a gas station costume and giving a sermon in clear and beautiful Arabic. A Ugandan who was employed for a petrol station in Read more…
The board of executive directors of the Islamic Development Bank (IsDB), which has its headquarters in Saudi Arabia, approved $1.12 billion in financing for development projects across nine of its member countries as well as a $1.79 million grant for Read more…