Islamic Banking: Metropolitan Law Firm roll out an endowment fund for indigent Nigerians

The Metropolitan Law Firm has launched an endowment fund under the Islamic Banking guidelines to cater to the education of indigent Nigerians for basic to tertiary institutions.   The fund, called Waqf, is an instrument of Islamic Estate Planning largely designed for charitable and philanthropic activities to solve social problems.   Managing Partner, The Metropolitan…

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Earthquake In Western Turkey Shakes Istanbul

An earthquake with a magnitude of 4.4 struck near the north-western Turkish city of Bursa on Wednesday, sending tremors across Istanbul, though there were no immediate reports of damage. According to the Istanbul-based Kandilli Observatory, the quake’s epicentre was near the town of Gemlik, roughly 80 kilometers south of Istanbul. The tremor was felt strongly…

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