Malaysia's Indians-owned Sharia-compliant airline shut down
PTI Malaysia's Rayani Air, the country's first Sharia-compliant airline owned by an ethnic Indian Hindu couple, was shut down today, months after it was suspended for failing to adhere to aviation rules. The Malaysian Aviation Commission (MAVCOM) revoked Rayani Air's Air Service Licence (ASL) after finding Rayani Air had breached the conditions of its licence. It said the airline also lacked the financial and management capacity to continue operating as a commercial airline. "As a consequence, Rayani Air can no longer operate as a commercial airline with effect from today," it said. The airline was founded by Ravi Alagendrran and his wife Karthiyani Govindan and started operations in December last year. They used parts of their first ...
