Category: Finance & Investment

Dafza issues guide on Dubai halal industry

| 22/08/2017 | Reply
Dafza issues guide on Dubai halal industry

Highlighting Halal products in different industries, with numerous financial investment possibilities for international financiers to contribute to improving the Islamic economic climate.

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Nigeria out of $2.3tr market for lack of Halal certification agency

| 21/08/2017 | 1 Reply
Nigeria out of $2.3tr market for lack of Halal certification agency

Halal Research Council are partnering with Jaiz Foundation on Halal Certification to establish the first Halal certification agency in Nigeria.

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USA: Whole Foods stock rockets 28% on $13.7 billion Amazon takeover deal

| 16/06/2017 | Reply
USA: Whole Foods stock rockets 28% on $13.7 billion Amazon takeover deal

Mackey will remain CEO of the grocery store chain after the deal closes, and the store will continue to operate under the Whole Foods brand.

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Indonesia told to develop Halal industry

| 15/06/2017 | Reply
Indonesia told to develop Halal industry

“We need to think about a roadmap to develop a halal industry [in Indonesia] that is consistent with the existing National Industry Development Masterplan (RIPIN),” said CORE researcher.

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Japan: NH Foods JV makes progress on Malaysia halal hub

| 08/06/2017 | Reply
Japan: NH Foods JV makes progress on Malaysia halal hub

Japan’s biggest food manufacturer has chosen Malaysia to be its hub for halal exports, in partnership with a Malaysian chicken major.

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Malaysian incubator signs deal to boost China’s halal exports

| 07/06/2017 | Reply
Malaysian incubator signs deal to boost China’s halal exports

A Malaysian technology and energy incubator has agreed to collaborate with companies in Hong Kong and China to produce and market halal-certified foods internationally.

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Malaysia: AsiaBio eyes halal product export venture with Chinese firms

| 05/06/2017 | Reply
Malaysia: AsiaBio eyes halal product export venture with Chinese firms

AsiaBio plans to explore opportunities with three Chinese companies to form a partnership to produce and export Halal-certified food products to the global marketplace.

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Dubai makes big strides in key Islamic economy sectors

| 31/05/2017 | Reply
Dubai makes big strides in key Islamic economy sectors

Remarkable progress has been achieved in three strategic sectors of Islamic economy – Islamic finance, halal trade and industry, and Islamic lifestyle in the emirate.

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Spain: The Cordoba Halal Cluster already has a corporate image

| 31/05/2017 | Reply
Spain: The Cordoba Halal Cluster already has a corporate image

The final objective is to create a business park for the the production of certified Halal products that a thousand companies Have already shown an interest in.

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Philippines: P150-M budget for DOST Halal program in Davao Region

| 30/05/2017 | Reply
Philippines: P150-M budget for DOST Halal program in Davao Region

Components under this program include research and development, testing, human resource development, and technology transfer.

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UAE: Patchi breaks ground on hitech Dubai chocolate factory

| 28/05/2017 | Reply
UAE: Patchi breaks ground on hitech Dubai chocolate factory

Patchi, a leading luxury chocolatier in the UAE and the Middle East region, said it has started work on its new manufacturing unit in Dubai Industrial Park.

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Opinion: The Role of the Lifestyle Sector in the Islamic Economy

| 09/05/2017 | Reply
Opinion: The Role of the Lifestyle Sector in the Islamic Economy

If a certain lifestyle unites a large proportion of people, as is the case with Islamic lifestyle, this promises significant opportunities.

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Philippines: Unilever PHL ready to export halal products

| 04/05/2017 | Reply
Philippines: Unilever PHL ready to export halal products

Unilever invested Php 1.7 billion for the manufacturing plant in Cavite, which is eyed to be the halal hub for markets of Southeast Asia and Australia.

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Thai Government is stepping up “Thailand 4.0” towards agro-processing

| 03/05/2017 | Reply
Thai Government is stepping up “Thailand 4.0” towards agro-processing

Thailand’s strategic location at the center of Asia and its deep investment in trade and logistic infrastructure make it a perfect gateway to ASEAN and its 630 million inhabitants.

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Malaysia: Muslims care more about halal food than halal income

| 20/04/2017 | Reply
Malaysia: Muslims care more about halal food than halal income

The concern over halal food and halal labels is paramount. But the similar concerns may not be true when it comes to where the money comes from to buy that Halal food.

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Qatar to be food manufacturing hub in GCC

| 04/04/2017 | Reply
Qatar to be food manufacturing hub in GCC

With the completion of the ongoing development of warehousing and logistics parks, and other related infrastructure projects, Qatar is set to emerge as a major food manufacturing hub.

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Dubai ranks first in Islamic-Economy-Enabling Free Zone Cities

| 15/03/2017 | Reply
Dubai ranks first in Islamic-Economy-Enabling Free Zone Cities

Free zone contribution to the halal food sector amounted to US$34 billion and is expected to hit US$74 billion by 2021, US$7 billion contribution to the modest fashion sector is projected to double.

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Malaysia: MTDC to help SMEs boost Halal capabilities

| 08/03/2017 | Reply
Malaysia: MTDC to help SMEs boost Halal capabilities

Malaysian Technology Development Corp (MTDC) is looking to help 30 small and medium enterprises (SMEs) practicing Halal principles to improve their technological capabilities with a Halal fund.

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As Canadian exports diversify, Riz Global Foods finds success in the Middle East

| 02/03/2017 | Reply
As Canadian exports diversify, Riz Global Foods finds success in the Middle East

A study by the Conference Board of Canada found that SMEs owned by recent immigrants to Canada, are more likely to export, and they are also among the fastest-growing SMEs.

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Islamic finance and digital currencies: The halal aspect

| 12/02/2017 | Reply
Islamic finance and digital currencies: The halal aspect

With the growing utilisation of fintech in the Islamic finance sector, the question arises what role digital currencies and blockchain technologies play in Shariah banking.

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