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London firm launches Islamic insurance platform

London firm launches Islamic insurance platform

London, Reuters—London-based firm Cobalt has developed a Shari’a-compliant insurance platform that uses a syndication model to help spread risk across a panel of underwriters, a novel format that could boost capacity in the sector. Under the platform, Cobalt...
Louvre Showcasing Islamic Art

Louvre Showcasing Islamic Art

Paris, Asharq Al-Awsat—For the first time ever, a major Western museum, the Louvre, has provided a permanent home for an Islamic art collection. The Louvre has provided massive new gallery space to house what Louvre Director, Henri Loyrette, describes as being “one of...
Iran: A Clash of Religion and Nationalism

Iran: A Clash of Religion and Nationalism

Over the past year or so, the choice between two adjectives has developed into an important theme of the power struggle within the Khomeinist ruling elite in Tehran. The adjectives are “Iranian” and “Islamic”. Under the Pahlavi shahs who promoted a nationalist...