by Asharq Al-Awsat | May 16, 2013 | Business
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...
by Asharq Al-Awsat | May 9, 2013 | Lifestyle & Culture
London, Reuters—Turkish Airlines is quashing a ban on female flight attendants wearing red lipstick and nail polish, its chief executive said on Thursday, after an outcry by secular Turks worried the country is becoming too Islamic. The national carrier had said in a...
by Juliet Highet | May 4, 2013 | Lifestyle & Culture
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...
by Amir Taheri | Mar 22, 2013 | Opinion
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...