Sri Lanka: Halal needs regulatory framework
Some specialized knowledge and more professionals are required to understand the complexity in the Halal industry to sustain the business.
Category: Finance & Investment
Jul 30, 2010 | 0 comments
View Post
Malaysia Set To Clinch 25 Per Cent Of Global Transactions In Islamic Banking
On the halal industry, Minister in the Prime Minister’s Department Tan Sri Nor Mohamed Yakcop urged the players to produce products or services that have value propositions not only for Muslim but also non-Muslim markets.
Jul 30, 2010 | 0 comments
View Post
Brunei: World’s First ‘Halal’ Data Centre Fund
TABUNG Amanah Islam Brunei (TAIB) is a cornerstone investor for the Securus Data Property Fund Pte Ltd (Securus Fund), the world’s first Syariah-compliant data centre fund.
Jul 16, 2010 | 0 comments
View Post
Panoramic halal view at Brunei conference
WITH the International Halal Market Conference IHMC 2010 coming up, industry experts and businessmen are wondering what to expect from this year’s summit on June 5-6. Hajj Abdalhamid David Evans, managing director and senior analyst of Imarat Consultants, official event manager of the IHMC 2010, said that although food and its processes are an integral part of the global Halal sector, there are still other Halal industries that can be tapped into, foremost of which are Halal tourism and Islamic finance.
May 26, 2010 | 0 comments
View Post
Russia: 2nd International Islamic Business and Finance Summit (KAZANSUMMIT 2010)
The Islamic Economics and Finance Conference of KAZANSUMMIT 2010, Republic Tatarstan, will be an international meeting spot for experts, economists and Sharia scientists. It will cover the most important and relevant issues and problems on Islamic finance development.
May 25, 2010 | 0 comments
View Post
UAE: Gold Dispensing ATM Launched In The Gulf
Abu Dhabi’s top hotel has upped the stakes in the contest to have the most glitz in the Gulf by installing an ATM that dispenses gold bars. This also includes the May 2009 article ‘German Firm Plans Gold ATMs’ so you can get the whole picture.
May 13, 2010 | 0 comments
View Post
Cambodia and Malaysia ink 6 pacts
Malaysian businessmen accompanying Prime Minister Najib Razak on an official visit have signed six agreements worth about $1 billion with their Cambodian counterparts.
May 11, 2010 | 0 comments
View Post
Arab world needs $144bn to meet food needs
Arab countries need to invest $144 billion in agriculture between now and 2030 to meet the demand for food for their growing populations, said an Arab official. Food security became a major issue in the Arab world since 2008 when food prices soared in the global market.
Arab states need to [...]
May 10, 2010 | 0 comments
View Post
Malaysia: Al-Harameen to Tap Hospitality Sector in Mecca, Madinah
The Global Halal Ventures Fund will invest in Halal activities and Halal-related businesses in Muslim countries which have limited number of Halal products but are in huge demand.
May 05, 2010 | 0 comments
View Post
Halal sector outperforming Dow Jones Titans…really?
Are you allocating assets to Halal Food sector?  Are you aware of how Halal food sector have performed over the past 12 months? If you want to find out how Halal companies are out-performing  the Dow Jones Titans, then you have to attend the IHMC 2010 in Brunei on 5th  June! Rushdi Siddiqui, Global Head [...]
Apr 30, 2010 | 0 comments
View Post
Islamic funds for Halal food…the next wave?
The halal industry is estimated to be worth US$641 billion, with the number of producers, halal ports and certification bodies growing at an impressive rate every year. Funds being managed in Islamic Financial institutions has been estimated at around US$1 trillion, so why isn’t Islamic funding the staple diet of the Halal [...]
Apr 26, 2010 | 0 comments
View Post
Thailand: B264m committed to promote halal food
A total of 264 million baht from the Thai Khem Khaeng economic stimulus programme will be earmarked to develop nine halal food projects as part of the country’s halal food development plan. Under the five-year plan starting this year, the government plans to spend up to 5 billion baht to market Thai halal food to international Muslim consumers.
Apr 23, 2010 | 0 comments
View Post
US: Muslims in Michigan: Islamic Finance
A conversation with a Muslim looking for a usury free mortgage led University Bank President Stephan Ranzini to research Islam’s views on banking. He ultimately convinced his board to create University Islamic Financial, and start offering products that comply with Islamic law – or Sharia.
Apr 15, 2010 | 0 comments
View Post
Iran: On a Honeymoon with Brazil
The group of 86 people traveled to the Middle Eastern country as part of a mission promoted by the Brazilian Ministry of Development, Industry and Foreign Trade. According to the trading company’s representative, Luis Carlos Porciúncula, out of the total sold, 60% consists of meat from the cow’s front half, and 40% from the back half. All of the beef will be prepared under the Halal system, a set of Islamic rules for slaughter and production.
Apr 15, 2010 | 0 comments
View Post
North America’s first Muslim MasterCard due to launch soon
OTTAWA — A Canadian Islamic financial institution is launching Canada’s first “halal-approved” credit card this month and will also offer it to US Muslims by year end, its president told AFP on Tuesday.
Apr 14, 2010 | 0 comments
View Post
