Islamic Law

Scoop Principal Asset Management, a Iowa-based firm managing over $590 billion, plans to launch a Sharia-compliant US private credit fund targeting Gulf family offices and institutional investors. The fund, developed with a Saudi institution, will avoid interest-based transactions and focus on recession-resilient sectors like education and automotive repair. It aims to provide Sharia-compliant alternatives to Gulf investors seeking US private credit opportunities.

A couple in Indonesia's Aceh province was publicly caned 21 times each for kissing during a TikTok livestream, violating Islamic Sharia law. Aceh, the only Indonesian province enforcing Islamic law, applied the punishment as a deterrent for morality offenses, with Amnesty International criticizing it as inhumane.

A Southern county has rejected a proposal to build a mosque after a local resident claimed it would lead to the spread of Sharia law. The application was struck down due to concerns over the potential influence of Islamic law. This decision highlights ongoing debates surrounding religious freedom and cultural integration.

The Taliban has introduced new rules recognizing child marriage, with guidelines for 'virgin girls'. The rules are part of the group's efforts to impose its interpretation of Islamic law. This move has raised concerns about women's rights in Afghanistan.

The Washington Institute analyzes whether ISIS actually adheres to Salafi interpretations of Islamic law and theology. The article examines the theological and legal frameworks that ISIS claims to follow and questions their alignment with traditional Salafi doctrine.