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UG overstated its employee compensations by GH¢59.2m between 2022 and 2024 – Auditor General’s Report

Minerals Commission deploys Blue Water Guards to safeguard water bodies in Wassa Japa

Govt’s free pads initiative is commitment to addressing menstrual poverty – Plan Int.

Anti-Witchcraft Bill: Amnesty International Ghana urges swift passage 

Kumasi High court hands armed robber 120yrs to life in prison for murder

Group files suit at Supreme Court to stop removal of suspended Chief Justice

Mahama assures investors of Govt’s commitment to transform energy sector

Mahama rules out ECG privatisation, emphasises Ghanaian participation as PSP submits its report

National Security arrests foreigners engaged in illegal gold trade
Business

Fuel prices expected to drop significantly – COPEC

Ghana Hotel Association sues GHAMRO, another over royalties

Non-traditional exports: Ghana records US$3.83 billion in 2024

GUTA, AGI ask for 60-day window to reduce prices

Gov’t inaugurates second Gas Processing Plant (GPP2) Implementation Committee

NPP laid strong foundation for current cedi gains — Effia MP

GNCCI engages GoldBod CEO Sammy Gyamfi on strategic partnership for economic growth

Gov’t misses T-bill target for second consecutive week, raises GH¢5.21bn amid yield decline

Energy Ministry suspends gas supply due to fault on FPSO Kwame Nkrumah
Entertainment

Chris Brown charged over alleged London nightclub assault

Bisa Kdei to embark on 2025 European Summer Tour

Jury selection begins in Diddy sex trafficking trial

Fraud case: P-Square’s former manager finally granted bail after 2 months

Ophelia Crossland appointed as new Creative Director of Nineteen57

NFA to enforce film classification laws May, 1

“No song should beat ‘Lomo Lomo’ in any category” – KiDi

Charterhouse reschedules 26th TGMA to May 10

Alabaster Box ‘sues’ Medikal in explosive copyright battle over song theft
Politics

NDC regional communicators laud Mahama’s statesmanship, back Sammy Gyamfi

Chief Justice Probe: Tsatsu Tsikata, Thadeus Sory, Baker-Vormawor represent petitioners

NPP bans premature campaigning ahead of internal elections

Dollar gift: Minority petitions CHRAJ, CID and OSP to probe Sammy Gyamfi

Dollar gift: President Mahama pardons Sammy Gyamfi after public apology

Mahama, Jane, Bagbin out yet all is smooth and sailing in Ghana, no one is digging pits for $58 million — Franklin Cudjoe

Mahama to embark on ‘Thank You Tour’ to Upper West/Greater Accra Regions

Joana Cudjoe: Amenfi Central MP unveils visionary ‘Excellence Square’ project to transform Constituency

James Agalga: Defense and Interior Committee Chair dismisses GH¢960K bribery allegation as baseless and desperate
Sports

Veteran football coach Abu Moro dies in car crash

NBA: Gregg Popovich done coaching Spurs, Mitch Johnson takes over

NBA Playoffs: Warriors irked by Rockets aggressive approach to Steph Curry in loss

University of Ghana to host 2025 West African University Games; LOC unveiled

2025 U-20 AFCON: Black Satellites Squad finally released

FA bars transgender women from women’s football

Gabriel Owusu wins triple silver for Ghana at 2025 African weightlifting championship

Ghana Premier League is not attractive anymore – Mohammed Polo

GOC elects Richard Akpokavie as new president
Crime

Kumasi High court hands armed robber 120yrs to life in prison for murder

24-year-old farmer remanded over daughter’s death

Interpol uncovers 150 stolen cars from Canada in Ghana, Nigeria, other countries

Swiss port cocaine bust suspects caged

Ex-NSB Boss, Wife charged for allegedly stealing GHC49m

Namibian minister sacked over rape

Late Nigerian gospel musician Osinachi’s husband sentenced to death by hanging

Court Grants Bail to Policewoman Accused of Scalding Colleague

Prison officers trained to identify various psycho-social and arts therapy needs of inmates
Health

Number of recorded Mpox cases now 3 – Ghana Health Service

Ghana Health Service confirms 2 Mpox cases in Accra

Govt to introduce HPV vaccination among adolescent girls

Sunyani East MP putting up a cancer treatment centre at Municipal Hospital

Ghana to pilot vaccine safety monitoring for pregnant women starting 2026

KATH CEO sacked

Health Minister to donate three months of his salary to Ghana Medical Trust Fund

Armed men attack revenue officer at Yilo Krobo District Hospital

TTH resumes full operations after doctors suspend strike
World News

US ‘troubled’ by humanitarian situation in Gaza, Rubio tells BBC

Israeli strikes in northern Gaza kill at least 50, hospital says

Military rulers in Mali dissolve all political parties

Kenya government condemns ‘shameful’ shoe-hurling at president

Rwanda confirms talks with US about taking in migrants

Canada will ‘never’ yield to Trump’s threats – Newly elected PM Mark Carney

A stunning reversal of fortunes in Canada’s historic election

Pope Francis laid to rest

Pope Francis’s funeral scheduled for April 26
Features & Opinions

Asenso Boakye writes: Ghana’s Road Dualisation Agenda, a vision the NPP championed

Ahmed Osumanu Halid writes: Parliament and the numerous financial allegations

Prof Kwesi Yankah: The Day My Mother Sent Me

Justice A Newton Offei writes: A-Plus accusations; the Attorney General must stop the shadowboxing and act

Kwaku Azar writes: GOGO is deeply concerned by the recent naming of seven additional Supreme Court justices.

Thaddeus Sory writes:Revoke And Suspend The Bar

𝐀tiwa 𝐖est 𝐌𝐏 Writes Let Us Not Be Silent When Democracy Is Being Shredded

Sagnarigu MP – Atta Issah writes: My observations at the IMF spring meeting and way forward

Visionary behind modern computing: Honouring Ing. Dr. Derrick Kwaku Antwi’s iPhone External Drive C Project

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Home Tag zakat

Tag: zakat

Zakat, Islamic social finance, trading in illicit/immoral goods, Islamic financial institution, Sukuk, multinational, investment opportunities, mutual funds, A panacea for Ghana’s high inflation, Social Security, profit, money, capital, Principles, Research and Development, bond, Islamic Finance: Treasury Bills, loan, blockchain, Etiquette, Fund, riba, Murabaha, finance, sharecropping, hoarding, Islamic Economics, islamic banks, dinar, diminition musharakah, takaful,Islamic Banking and Finance, Yahaya Illiasu,

Islamic finance: zakat, a tool for wealth re-distribution and social justice

by Osumanu Al-Hassan

August 18, 2024

Zakat, one of the Five Pillars of Islam, is a form of obligatory charity that serves as a fundamental principle ...

digital innovation, soccer betting, trading in illicit goods, foreign currency, credit cards, fund managements, Misconceptions about Islamic finance, financial literacy, housing, sovereign debt, key, money, Entrepreneurship, Import Financing, Financial Transactions, legal jargon, Islamic Fintech, Istisna’a Contract, Women Empowerment, zakat, Islamic Finance Professionals, Islamic, Islamic accounting, Salam Sale Contract, Ijarah

Islamic Finance: Zakat, a panacea for eliminating poverty

by Osumanu Al-Hassan

September 24, 2023

Allah exalted be He, in the noble Quran has joined zakat (obligatory alms) with the performance of prayer in 82 ...

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