Sukuk issuance surged Tuesday by 36% year-on-year to hit $252.3 billion in 2021, according to Fitch Ratings. A sukuk is an Islamic financial certificate, similar to a bond in Western finance, that complies with Islamic religious law, or sharia. Central banks, governments, and multilateral institutions dominated sukuk issuances, the global rati...
Dr. Muhammad Mohiuddin, a Pakistani American Muslim, led a team of U.S. surgeons that implanted a genetically modified pig heart into a human being. It was a medical first that could help solve the chronic shortage of organ donations. About 110,000 Americans are waiting for an organ transplant, and more than 6,000 patients die each […]
Pakistan has finalized a $63 million education package for Afghan students and plans to establish a university campus in Kabul, Afghanistan’s capital, a senior official said on Monday. The Ministry of Education and Professional Training package “includes 3,000 scholarships, free training with stipends for 5,000 Afghan nationals. It also...
Dr. Saleyha Ahsan, who lost her father last year to COVID-19, called for the resignation of UK Prime Minister Boris Johnson. This was after he held a party and made jokes about it, in violation of the Covid-19 bans in the country. The Mirror newspaper reported that several parties with 40 to 50 people were […]