Videogame delayed over ‘offence’ to Muslims: Dawn

LONDON, Oct 20: Developers delayed release of one of the most eagerly anticipated games in the history of the Sony PlayStation because of concerns that some of the background music might offend Muslims, the developers said on Monday.

LittleBigPlanet, in which gamers can customise the rag-doll protagonist Sackboy and allow it to roam through an interactive world filled with different challenges, had been hailed by video games website IGN as “nothing short of astounding” and given a review rating of 9.5 out of 10.

But its release date has been put back after one of its background music tracks, a song by Mali-born artist Toumani Diabate, was found to have included expressions from the Holy Quran, which could be interpreted as an offence to Muslims.

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Islamic Finance appeal growing in face of credit crisis: Islamicity.com

By: Umesh Desai
International Herald Tribune* -

The global credit crisis presents the $1 trillion Islamic finance industry with an opportunity to expand its appeal beyond Muslim investors, as a haven from speculative excess.The message may have particular resonance in the West after the crumbling of the U.S. mortgage market left banks holding hundreds of billions of dollars of nearly worthless credit instruments tied to home loans by a web of complex structures.While conventional banks worldwide are nursing losses of more than $400 billion from the credit crisis, Islamic banks are virtually unscathed. And they are playing up the contrast to scalded shareholders, bondholders and borrowers and fearful depositors."It's very much a return to old-fashioned conservative lending," said David Testa, chief executive of Gatehouse Bank, which began operations in April as the fifth Islamic bank in Britain.

"The current global market condition has given Islamic finance a great opportunity to show what it can do - help to fill the liquidity gap," he said.Investors traumatized by the credit crisis could seek comfort from the stricter rules imposed on lending by Islamic law, which bans some of the structures and financing methods that quickly unraveled during the U.S. mortgage crisis.Testa said that Islamic finance practices were more fiscally conservative, with direct participation by investors in plans that do not involve parking assets in off-balance-sheet vehicles.Islamic finance is based on Shariah, or Islamic law. It requires that gains be derived from ethical and socially responsible investments and discourages interest-based banking and investments in sectors like pork, gambling and pornography.The Asian Development Bank estimates that Islamic assets globally have a combined value of about $1 trillion, with annual growth of 10 percent to 15 percent a year. Al-Rajhi Bank of Saudi Arabia and Kuwait Finance House are the two biggest Islamic banks in the Gulf region. In Malaysia, the largest Islamic lender is Maybank Islamic, a subsidiary of Malayan Banking.

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Muslim population is growing: ConnPost

By MICHAEL P. MAYKO and MARIAN GAIL BROWN
Staff writers

Look down the street. They are here.

And they are among us, making contributions to the community the way immigrants always have -- by paying their dues -- often starting at the bottom and working their way up. They are bakers, barbers, waiters, soft-drink distributors, merchants, mechanics, teachers, engineers, lawyers and doctors. Many of them own small businesses, from mom-and-pop grocery stores to gas stations to restaurants.

They are Muslims.
Muslims like Ruzhdi Vogli, a mason who spent five days avoiding soldiers ordered to shoot to kill, climbing mountains and living off the sweat he could wring from his shirt as he escaped from communistic Albania only to land in a Yugoslavian prison for 31 days.

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