Words of Wisdom - the Editor

Peace.
Got busy with a new project. So couldn’t add more news. Although I came across a fine article by a brother on the history and future of Islamic Banking. I was surprised to know that Islamic banking had beginnings in 1975. Wow. That’s almost as early as my birth. And I guess if there are enough like minded people any idea is bound to grow. I too used to wonder if I can invest without plunging into interest based transactions.

UK I noticed is taking some fine initiatives to promote Shariah Finance. Also came across a western brother or atleast who calls Muslims his brothers and sisters but laughs cynically at the DOW Islamic index as 'bending backwards' to accommodate those guys who have four wives and cut of peoples hands. O well some people just don't get it, do they?

Saturday, May 24, 2008

Harvard Islamic Studies Program Opened

Prince Alwaleed bin Talal at the inauguration ceremony of the Islamic Studies Program at Harvard on Thursday. (AN photo)

CAMBRIDGE, Mass., 10 May 2008 — Prince Alwaleed bin Talal, chairman of Kingdom Foundation, had endowed $20 million in 2005 to establish an Islamic Studies program at Harvard University. He was at Harvard University in Cambridge, Massachusetts, on Thursday to inaugurate the program.

The program was named “Prince Alwaleed bin Talal Islamic Studies Program.” Roy P. Mottahedeh, professor of history in the Faculty of Arts and Sciences, had been appointed director of the program.

Prince Alwaleed and the accompanying Kingdom Foundation delegation were briefed about the program. The program is building on Harvard’s strong commitment to the study of the religious traditions of the world. It is also augmenting Harvard’s existing strength by increasing the number of faculty focused on Islamic studies, providing additional support to graduate students, and making rare Islamic textual sources available in digital format.

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