Gold had traditionally been classified as a currency in Islamic finance, confining its use to spot transactions, but new guidance issued in December is making room for a wider range of investment ...

Gold has become an accepted investment in the Islamic world for the first time as it can now be used as a commodity to back Sharia-based financial products, thanks to new standards announced Monday.

Gold can now be used as a commodity to back Sharia-based financial products, with rules about using the metal as an investment set out for the first time. The World Gold Council announced the new ...

“Ink, Silk and Gold: Islamic Treasures from the Museum of Fine Arts, Boston,” an exhibit featuring 54 art works created over a period of more than 13 centuries by artists working in areas ...

During the Medieval period, the city’s strategic position made it a key player in the trade of ivory, textiles, glassware, and gold ... and North Africa, and Islamic rulers in West Africa ...

The Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) has made an important decision which will be announced on Monday. This decision is about one of the most ...