Standard Chartered Saadiq launches Halal360 initiative to fund SMES in Asia, Middle East and Africa

The British bank’s global Islamic banking brand, Standard Chartered Saadiq, has launched an Islamic financial programme to fund Halal businesses of small and medium-sized enterprises (SMEs) across Asia, the Middle East and Africa, Zawya reports. The fund, $100 million in Read more

Iran: China warns against actions in Strait of Hormuz

China Friday urged Iran to reconsider its threats after the powerful Revolutionary Guards suggested that the Islamic Republic could hamper navigation in the Strait of Hormuz, which is critical to China’s vital oil and gas imports.  Thursday, Mohammad Ali Jafari, Read more

Iran: German’s Merkel canvasses for solution to Tehran aggressive tendencies in ME region

German Chancellor Angela Merkel Thursday called for solutions to Iran’s ‘aggressive tendencies’ in the Middle East region, though Germany struggles to salvage the 2015 nuclear deal in state of despair following US pullout. Merkel, who was on a visit to Read more