UK: No interest sharia-compliant MasterCard launched
The announcement of the UK's first sharia-compliant MasterCard in London, the "Islamic financial centre of Europe," accompanied by the pronouncement that the Cordoba Gold MasterCard company will "donate 10% of its profits to registered charities in the UK and abroad" has me a bit confused: If they can't charge nor collect interest, how will the company earn a profit?
This month the U.S. publisher Random House planned to launch an historical novel about Aisha, the wife of the prophet Muhammad. The book was a rarity in Islamic-themed literature: an attempt by a Western woman to fictionalize the personal life of the prophet, and to bring to a wider audience one of the great feminist heroines of the Middle East.
Instead, three months ago, Random House decided to abandon publication of "The Jewel of Medina", by journalist Sherry Jones. Fearing the book might incite the same violent reaction as the Danish Muhammad cartoons, and that company staff and property might comes under attack from Muslim extremists, Random House terminated Jones' contract, as reported by Asra Nomani, who first broke the story in the Wall Street Journal last week.