Bitcoin and Ripple (XRP) are two of the most well-known cryptocurrencies, but they serve different purposes and operate on distinct technologies. While both are digital assets, their roles in the financial ecosystem are significantly different. This article explores the key contrasts between Bitcoin and Ripple, highlighting their unique characteristics and use cases. _____ 1. […]
G7’s Global Infrastructure Initiative: A Counter to China’s Belt and Road
At the recent G7 Summit, a significant initiative was announced: the “Partnership for Global Infrastructure and Investment” (PGII). This initiative represents a strategic effort to reshape global infrastructure investment and is seen as a direct counter to China’s extensive Belt and Road Initiative (BRI). What is the PGII? The PGII is a collaborative effort by […]
Britons Rush to Buy Gold as Tory Wipeout and Savings Account Threat Spook Savers
In the wake of recent political turmoil and growing concerns over the security of savings accounts, many Britons are increasingly turning to gold as a secure investment. The significant Tory wipeout has exacerbated economic uncertainties, prompting savers to seek out more stable assets. #### Rising Demand for Gold Gold has long been considered a […]
Protected: Islamic Monetary Council Welcomes Shaykh Umar Ibrahim Vadillo to its Board of Advisors
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Morocco Leads the Way in Precise Moon Sighting Techniques.
Rabat – The Ministry of Islamic Affairs is expected to announce March 12 as the first day of Ramadan in Morocco. It will provide authoritative guidance to Muslims worldwide with the kingdom’s precise moon sighting system fine-tuned over centuries. Morocco did try to see the crescent moon on Sunday. Islamic countries rely on various methods […]
World Gold Council (WGC) and Dubai Multi Commodities Centre (DMCC) Announce Joint Gold Industry Program
In a groundbreaking move for the gold industry, the World Gold Council (WGC) and the Dubai Multi Commodities Centre (DMCC) have announced a collaborative program aimed at driving innovation, sustainability, and transparency across the sector. This strategic partnership between two of the most influential entities in the global gold market marks a significant milestone in […]
Investors buy gold as property and stock markets fall
The Surge of Gold Investments: A Shift in the Global Economic Landscape Introduction: In recent times, the economic landscape has witnessed a significant shift as Chinese investors turn to gold amid uncertainties in property and stock markets. The trend, once confined to the East, is now making its way to Western markets, signaling a growing […]
Russia and Iran Make Historic Move Away from SWIFT for Direct Bilateral Transactions
In a groundbreaking development, Russia and Iran have officially severed ties with the SWIFT system, marking a pivotal departure from the Western-dominated transaction framework. Mohsen Karimi, Deputy Head of the Central Bank of Iran (CBI), made this announcement, revealing that both nations have embraced a direct interbank transfer mechanism. During an interview on Iranian […]
Islamic Emirate of Afghanistan Announces Abolishment of Usury Systems
Introduction: In a significant development under the governance of the Islamic Emirate of Afghanistan, Acting Minister of Industry and Trade, Nooruddin Azizi, declared the abolition of all usury systems in the country. This announcement reflects the commitment of the Islamic Emirate to uphold the principles of the Islamic system through lawful and ethical means. […]
BRICS: China Aggressively Dumps US Dollars For 3 Days Straight
In a bold move that has sent shockwaves through global financial markets, China, a key member of the BRICS alliance, has reportedly engaged in an unprecedented three-day streak of aggressively divesting itself of US dollars. This strategic maneuver by the world’s second-largest economy has raised eyebrows and prompted speculation about its implications for the international […]