Category: Finance & Investment

India’s only Halal beauty brand focuses on domestic expansion after raising $3m in funding

| 03/10/2018 | Reply
India’s only Halal beauty brand focuses on domestic expansion after raising $3m in funding

Iba Halal Care, India’s only Halal-certified cosmetics brand, has raised $3m in Series-A funding to tackle expansion plans in the nation’s burgeoning sector.

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Egyptian Firm Plans Halal Meat factory in Kano

| 30/09/2018 | Reply
Egyptian Firm Plans Halal Meat factory in Kano

The foreign investors have assured that they will retrain and retool the indigenous butchers and use their services in the project.

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Malaysia: CIMB, partners eye 5-10pc financing from China halal market

| 30/09/2018 | Reply
Malaysia: CIMB, partners eye 5-10pc financing from China halal market

“The CIMB Asean-China Corridor also aims to leverage on the growing trade flow along the existing halal corridor, particularly as China’s halal sector is expected to reach US$2 trillion by 2021.”

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China to open halal bio-gelatine manufacturing plant in Melaka

| 21/08/2018 | Reply
China to open halal bio-gelatine manufacturing plant in Melaka

Gansu Amin Bio Halal Gelatine Co Ltd (Aminbio), the largest halal gelatine company in China’s Gansu province is set to open a bio-gelatine manufacturing plant in Melaka.

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USA: How The Halal Guys Built a Franchise Empire

| 03/07/2018 | Reply
USA: How The Halal Guys Built a Franchise Empire

The fast casual has become a franchise phenom with the backing of an iconic brand, dedicated fan base, and growing roster of passionate operators.

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UK: Birmingham CEO named in Muslim Power 100

| 16/05/2018 | Reply
UK: Birmingham CEO named in Muslim Power 100

The Muslim 100 Power list is compiled by Power 100, the research and analytical arm of The British Publishing Company.

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MoU with Tatarstan Investment Development Agency at Kazan Summit 2018

| 13/05/2018 | Reply
MoU with Tatarstan Investment Development Agency at Kazan Summit 2018

The new MoU will help open up investment opportunities and the potential for sustainable growth of sharia-compliant products and services.

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UAE: Blockchain Powered Halal Chain Launched in Dubai

| 11/05/2018 | Reply
UAE: Blockchain Powered Halal Chain Launched in Dubai

HalalChain, a blockchain based platform specialized in traceability of halal industry products will Revolutionize Halal products’ compliance.

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UAE: Al Islami Foods sells minority stake to Mitsubishi Corporation

| 01/05/2018 | Reply
UAE: Al Islami Foods sells minority stake to Mitsubishi Corporation

UAE-based frozen meat halal manufacturer Al Islami Foods has sold a minority stake to Mitsubishi Corporation to drive further growth in the global halal market.

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Canada: First new hatchery in more than 30 years to open in Ontario

| 30/04/2018 | Reply
Canada: First new hatchery in more than 30 years to open in Ontario

In addition to the new hatchery, the two companies announce that they are investing $10 million to enhance its halal processing facility.

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Central Asia countries to increase exports of halal products

| 30/04/2018 | Reply
Central Asia countries to increase exports of halal products

Kyrgyzstan is preparing to launch a pilot project of voluntary certification and labeling of products and services for compliance with halal standards.

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Malaysia: Pharmaniaga eyeing north for 1st halal vaccine plant

| 12/04/2018 | Reply
Malaysia: Pharmaniaga eyeing north for 1st halal vaccine plant

Pharmaniaga Bhd is looking to build Malaysia’s first halal vaccine plant in the northern region of Peninsular Malaysia.

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Malaysia PM sets aside RM1 billion for Halal Development Fund

| 12/04/2018 | Reply
Malaysia PM sets aside RM1 billion for Halal Development Fund

He added the funds can be used by Bumiputera entrepreneurs, who play a key role in driving the halal industry.

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Opinion: Islam and cryptocurrency, halal or not halal?

| 10/04/2018 | Reply
Opinion: Islam and cryptocurrency, halal or not halal?

The speculative nature of cryptocurrencies has triggered debate among Islamic scholars over whether cryptocurrencies are religiously permissible.

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Malaysia should leverage on growing Halal Industry globally

| 09/04/2018 | Reply
Malaysia should leverage on growing Halal Industry globally

Bank Negara Malaysia (BNM) assistant governor Marzunisham Omar said Malaysia should leverage on its first mover advantage in being a global halal hub.

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Malaysia continues to lead Global Islamic Economy Indicator for fifth year

| 05/04/2018 | Reply
Malaysia continues to lead Global Islamic Economy Indicator for fifth year

Due to a robust Islamic economic ecosystem the country enjoys a substantial lead in Islamic finance and halal food.

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Dubai: World Takaful Conference – ‘Differentiation, Innovation & Profitable Growth’

| 29/03/2018 | Reply
Dubai: World Takaful Conference – ‘Differentiation, Innovation & Profitable Growth’

Developing Sustainable Competitive Strategy paramount to long-term growth for Takaful operators.

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Russia: The International forum ‘Halal and eco-food market’ takes place in Moscow on April 25-26

| 29/03/2018 | Reply
Russia: The International forum ‘Halal and eco-food market’ takes place in Moscow on April 25-26

The agenda includes certification issues, export to Emirates and Gulf countries, sales in retail and HoReCa. It also involves Islamic finance and investments issues.

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USA: I Heart Halal™ announces first-ever Halal Lifestyle Festival in America

| 29/03/2018 | Reply
USA: I Heart Halal™ announces first-ever Halal Lifestyle Festival in America

I Heart Halal will feature three full days of sights, sounds and events appealing to people who want to experience the Halal lifestyle, at Navy Pier, Chicago.

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Malaysia: Zahid backs HDC slaughterhouse plan in Bagan Datuk

| 27/03/2018 | Reply
Malaysia: Zahid backs HDC slaughterhouse plan in Bagan Datuk

Bagan Datuk area has the potential for a slaughterhouse and feedlot site because it is easily accessible, as well as near Port Klang allowing for the import of cows from Darwin, Australia.

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