Tatarstan wishes to have closer ties with Indonesia
Tatarstan could become the entrance for Indonesian products to the central and eastern part of Russia while Indonesia could become the entrance for Tatarstani products in the ASEAN region.
Category: Russia
Apr 16, 2012 | 0 comments
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Opinion: Food, Not War, Is the Biggest Threat to World Security
Even as Iran’s nuclear program raises the likelihood of yet another conflict in the Middle East, the bigger threat is a potential food crisis in the making, says Lester Brown, founder of the Earth Policy Institute.
Russia: Third Moscow International Halal Exhibition and Moscow Halal Expo, 7-10 June 2012
The task of today is bringing halal certified products to the consumers from every region of Russia. One of the major beginnings is the development of halal store chains in different regions of Russia.
Feb 11, 2012 | 0 comments
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Malaysian company wants to expand Halal food services to Russia
LSG Skychef-Brahim’s Sdn Bhd, the world’s biggest Halal flight kitchen caterer, is embarking on expanding its services to new markets such as China, Eastern Europe as well as scouting for opportunities in the former Soviet states and the Middle East.
Republic of Tatarstan capitalizes on its Muslim heritage
The Republic of Tatarstan, a Muslim-majority region, has proved to be an interesting investment destination for funds with Muslim shareholders or that are based in Muslim countries. The Malaysian private equity firm Amanah Raya Capital Group, has launched several projects the republic. Their first project was the Kazan Halal Hub.
Sep 14, 2011 | 0 comments
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Halal food market is estimated at US$500 billion per year
An overview on Halal in France, Russia, USA, UK and Europe. As numbers grow, Muslims continue to maintain purchasing habits that align with their Islamic faith. Muslims want to be able to look at a product and see a recognizable Halal logo. There is an increasing demand for products that are inclusive.
Aug 09, 2011 | 0 comments
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Russia: Most consumers of Halal products in Moscow have no relation to Islam
Halal products volume in Russia is growing 30-40 percent annually, the Halal Standard Committee at the Tatarstan Islamic High Council said based on research outcomes.
Aug 05, 2011 | 0 comments
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Russia: Going Islamic
The stricter, more ethical rules of Islamic finance helped many countries avoid the worst of the 2008 economic meltdown. Now officials in the Russian republic of Tatarstan are hoping that Islamic finance can help them attract direct investment from Muslim nations around the world.
Jun 28, 2011 | 0 comments
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Russia: Russian Muslims keen on penetrating Global Halal Market
The feedback from over 500 participants was that this year’s Moscow Halal Expo was a huge success in showcasing the diversity of local Halal products and services, as well as highlighting the potentials of 27 million-plus Muslims in Russia.
Jun 09, 2011 | 0 comments
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Russia: Sheikh Saleh Kamel announces plan to invest $2m in Tatarstan
During the meeting with Linar Yakupov, the Chairman of Small and Medium-size Enterprises Development Committee of the Republic of Tatarstan Russian side presented a number of investment agriculture, construction and Halal industry development projects.
May 31, 2011 | 0 comments
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Russia: Halal Expo Moscow-2011 exhibition to be held in Moscow
Moscow Halal Expo 2011 is the opportunity for the Russian and foreign producers and businessmen to present themselves on an international level, to share experience and to establish useful business contacts. It will be held on May 26-28, 2011 in the largest International Exhibition Centre of Russia “Crocus Expo” in Moscow.
May 18, 2011 | 0 comments
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Russia: Market Emerging for Islamic Finance
Russia is the most attractive of the four BRIC countries for Islamic investment because it’s relatively stable, close to the Middle East and has an established legal system and infrastructure, said Abas Jalil, executive director of AmanahRaya Capital Group in Malaysia.
Apr 15, 2011 | 0 comments
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Amanah Raya to help set up Islamic bank in Kazakhstan
Malaysian trustee company Amanah Raya Berhad is joining forces with Fattah Finance, a local Kazakh brokerage company, and the state-owned Development Bank of Kazakhstan to conduct a feasibility study to establish the second Islamic bank in the CIS country.
Jan 25, 2011 | 0 comments
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Russia: Tatarstan set for debut sukuk
The MoU and the possibility of a Tatarstan sukuk origination in 2011 are just some of the developments on Islamic finance to emerge out of Russia. Indeed, Tatarstan is the most proactive Russian republic in this context which is manifested through its close relationship with the Islamic Development Bank (IDB) Group.
Jan 03, 2011 | 0 comments
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Russia: Yamal Looks to Export Reindeer Meat to Qatar
When rival energy producers Russia and Qatar talk business, it’s no longer only about natural gas — they’re talking reindeer meat, which Russia has promised to export and butcher according to Muslim dietary law.
Dec 22, 2010 | 0 comments
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Islamic Finance in Russia – Developments in 2010
The major milestones are the establishment of the Russian Association of Experts in Islamic Finance; the first Halal Expo Exhibition; publication of an authorized translation of the Accounting and Auditing Organization for Islamic Financial Institutions’ Standards of Islamic Finance Transactions; and the first Islamic finance deals on the Russian market.
Dec 14, 2010 | 0 comments
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Indonesia: Russia, Indonesia to boost economic cooperation
Indonesian Ambassador to Russia, Hamid Awaluddin pointed out that there had been demand from Russia’s Muslim community for Indonesian garments and packaged Halal food.
Nov 20, 2010 | 0 comments
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Russia: Halal industrial park opens in Tatarstan
Russia’s first halal industrial park opened on Friday in Tatarstan. Russia is the home to 20 million Muslims.
Nov 20, 2010 | 0 comments
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