Category: Islamic Economy

UAE leads key sectors in global Islamic economy

| 28/11/2017 | Reply
UAE leads key sectors in global Islamic economy

The Global Islamic Economy Indicator for this year evaluated the health of the Islamic economy ecosystem across more than 73 countries, based on equally weighted key metric categories.

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Opinion: Islamic economy on growth path as consumer demand rises

| 28/11/2017 | Reply
Opinion: Islamic economy on growth path as consumer demand rises

The Islamic economy is on a robust growth trajectory worldwide, according to the State of the Global Islamic Economy Report 2017-2018.

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UAE to sign halal MOU with Philippines before year-end

| 14/11/2017 | Reply
UAE to sign halal MOU with Philippines before year-end

ESMA in the UAE and Philippines are expected to sign a memorandum of understanding before year end that will create a government agency back home authorized to certify halal products for the Emirates.

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Dubai Islamic Economy Development Centre – 5th Islamic Economy Award in November 2017

| 05/11/2017 | Reply
Dubai Islamic Economy Development Centre – 5th Islamic Economy Award in November 2017

DIEDC is gearing up to host the fifth Islamic Economy Award on 27 November, 2017 under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum.

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UAE: Revamped Islamic Economy strategy 2017-2021 on the cards

| 18/10/2017 | Reply
UAE: Revamped Islamic Economy strategy 2017-2021 on the cards

The global Fiqh league, to be established in collaboration with the centre’s strategic partners, will be the first international, legally independent non-profit scientific body of its kind in the world.

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Malaysia to ramp up initiatives and internationalise Halal concept

| 17/10/2017 | Reply
Malaysia to ramp up initiatives and internationalise Halal concept

Zahid said Malaysia can benefit greatly from the halal industry, which has been identified as a new source of economy via the Islamic Economic Transformation Programme.

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Bahrain: 24th World Islamic Banking Conference – 4-6 December 2017

| 05/10/2017 | Reply
Bahrain: 24th World Islamic Banking Conference – 4-6 December 2017

This year the Halal ecosystem and modest fashion are also topics that will be touched upon under the WIBC Islamic Economy Series.

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Dubai Exports and Dubai Islamic Economy Development Centre Lead Islamic Economy Trade Mission to Australia

| 04/10/2017 | Reply
Dubai Exports and Dubai Islamic Economy Development Centre Lead Islamic Economy Trade Mission to Australia

The modern Muslim consumer is very different from that of just a generation ago. They are educated, well connected to the global marketplace, and rely heavily on the internet and social media.

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Dubai Will Issue First Ever State Cryptocurrency

| 02/10/2017 | Reply
Dubai Will Issue First Ever State Cryptocurrency

The token will be considered legal tender “for various government and non-government services, from their daily coffee and children’s school fee to utility charges and money transfers.”

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UAE- ESMA receives 106 requests for Halal accreditation from 49 countries

| 02/10/2017 | Reply
UAE- ESMA receives 106 requests for Halal accreditation from 49 countries

During the current year, 34 bodies from 17 countries have been accredited in the UAE, making the country a centre for Halal products between the East and West, stated Abdulla Abdul Qader Al Maeeni, Director-General of ESMA.

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UAE: DSOA to host Islamic lifestyle mini bootcamp

| 01/10/2017 | Reply
UAE: DSOA to host Islamic lifestyle mini bootcamp

Designed for ambitious early stage entrepreneurs engaged in Islamic arts and culture, Islamic architecture and design, family-friendly and Halal tourism, as well as digital Islamic economy, entertainment, communication and media.

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UAE: DAFZA, International Center of Islamic Economy Introduce ‘Transformation Forum’

| 25/09/2017 | Reply
UAE: DAFZA, International Center of Islamic Economy Introduce ‘Transformation Forum’

The event will provide a stimulating environment for the development of Shar’iah-compliant products where supervisory bodies and financial institutions can share ideas and ways to drive transformation towards Islamic Finance.

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Halal Expo Dubai ends on positive note

| 21/09/2017 | Reply
Halal Expo Dubai ends on positive note

The 9th Halal Expo Dubai concluded at Roda Al Bustan Hotel on a successful note with majority of the 100 exhibiting companies reporting having brisk business with local and international trade visitors.

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UAE: Finocracy adds Ernst & Young heavyweight to accelerate FinTech agenda

| 19/09/2017 | Reply
UAE: Finocracy adds Ernst & Young heavyweight to accelerate FinTech agenda

A group of prominent investors led by Ashar Nazim have acquired a significant stake in Finocracy. Ashar was formerly senior partner and the global head of Islamic banking practice at EY.

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Halal Expo Dubai opens door to boost UAE’s US$20 billion imports

| 18/09/2017 | Reply
Halal Expo Dubai opens door to boost UAE’s  US$20 billion imports

Halal Expo Dubai opens door to boost UAE’s US$20 billion imports as Malaysia recognises UAE’s Halal Products Control System.

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Malaysia officially recognises UAE halal products control systems

| 17/09/2017 | Reply
Malaysia officially recognises UAE halal products control systems

The UAE has received Malaysia’s recognition of the ‘UAE Halal Products Control System,’ national certificates and the national Halal mark, which will facilitate the trade of UAE halal products.

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UAE: Global Halal economy set to reach US$6.4 trillion by 2018

| 17/09/2017 | Reply
UAE: Global Halal economy set to reach US$6.4 trillion by 2018

Halal movement gains momentum as the 9th Halal Expo Dubai gets opens door to global participants, Monday, Sept 18 at the Roda Al Bustan Hotel, Dubai.

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Islamic investment opportunities on the rise between the UAE and the UK

| 11/09/2017 | Reply
Islamic investment opportunities on the rise between the UAE and the UK

This ambitious vision coincides with the aspirations of the UK and the UAE to increase bilateral trade to Dh120 billion by 2020.

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Dubai Food Park to get major Chinese-UAE facility

| 11/09/2017 | 1 Reply
Dubai Food Park to get major Chinese-UAE facility

Dubai Food Park (DFP), the region’s largest specialised food sector zone, will be home to a China-UAE Food Industrial cluster.

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Sheikh Mohammed bin Rashid Al Maktoum Unveils Blueprint for Dubai Food Park

| 23/08/2017 | Reply
Sheikh Mohammed bin Rashid Al Maktoum Unveils Blueprint for Dubai Food Park

The Park will be a one-stop destination for government, administrative and logistical services related to food wholesale, import, export and re-export.

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