The German bank is targeting clients, including fund managers, who want Shariah custody as regional demand grows and cross-border Asean capital flows increase.
A South African Law Review Commission discussion paper, which proposes progressive changes to the country’s 40-year-old Matrimonial Property Act, has appeared to raise the ire of some members of the Muslim community.The vehement objectors to the paper say the rights of divorce in a Muslim marriage [Nikah] vest only with the husband and these religious marriage regimes should never be subject to SA law or its courts.
The majority of Muslims in Indonesia and Malaysia are in favour of making strict Islamic rules the official law of these multi-religious countries, polling from the Pew Research Centre showed in a sign of the rising influence of religious conservatism.