A former Saudi minister, Iyad Madani, was last night named as the next head of the Organisation of Islamic Co-operation (OIC) and will be succeeding Turkey's Ekmeleddin Ihsanoglu.
Madani was named at the end of the two-day sum
A major regional summit hosted by Saudi Arabia’s King Abdullah and starting in Makkah tomorrow (August 14), will make history by shaping the political, economic and social realities facing the region, said Bahrain’s Prime Minister.
A new Sharia-compliant index has been launched by ratings agency Standard and Poor's (S&P) in partnership with the Organisation of Islamic Co-operation (OIC) at a key event held at Istanbul.
The S&P Comcec 50 Sharia Index measu