Small and medium-sized entrepreneurs (SMEs) should seize the lucrative potentials within the burgeoning global halal market as it is the epitome of the Blue Ocean strategy, Deputy International Trade and Industry Minister Datuk Mukhriz Mahathir says.
The annual meeting of the World Halal Food Council (WHFC) will be held in Jakarta on 16-18, January 2012. The event which will take place at the Sultan Hotel is the first meeting since June 2011, when the WHFC was reactivated, after being known over recent years as the World Halal Council.
Malaysian entrepreneurs have to think out of the box to tap into the lucrative RM9 trillion-a-year halal products market. Halal Industry Development Corporation (HDC) vice-president Dr Malik Musharaf said Malaysia was only tapping into less than one per cent of the market, taking in about RM58 billion of the share.
I eagerly watched the first episodes, I’ve got to say I think we ended up with something more like a Muslim Jersey Shore, the low-grade MTV series about Snooki’s party life in New Jersey, writes Asra Q. Nomani in ‘The Daily Beast’.
Simple rules and regulations, attractive tax incentives and a welcoming environment are the qualities that businesswomen from the United Arab Emirates (UAE) look for when exploring investment opportunities in any country, including Malaysia.
The United Arab Emirates (UAE) is often associated with Dubai, billed as the financial and liberal capital of the Gulf. But behind this bright facade lies a shaky national identity, a rocky relationship with neighbouring Iran, and a long term political and less talked about military alliance with the US.
For the first time the Halal Food Control and Exhibition will be held in Riyadh. This conference will be held concurrently with a halal products exhibition. Important issues surrounding standardization of halal will be one of the main topics to be discussed.
Peppered by a conservative group’s complaints about the program, the Lowe’s home-improvement chain last week pulled its sponsorship — and has been fielding countercomplaints that the company had caved in to the very prejudices faced by the program’s protagonists.
The Arab Spring is opening a new frontier for brands, but American marketers may want to look a little closer to home. Ogilvy Noor’s Shelina Janmohamed reports that engaging America’s 7 million Muslims takes courage, but pays dividends.
The meeting between the four Halal issuing authorities that is scheduled to take place in Lenasia today has drawn much interest. The National Independent Halal Authority (NIHT) who called for the meeting as a precursor to a National Meat Traders Summit in the new year, maintained that it was critical for the four Halal bodies to sit down as a matter of urgency following the Halal relabeling scandal that rocked the country in November.
President of the Abu Dhabi Business Women Council and chief operating officer of Al Jaber Group Fatima Al Jaber said Islamic finance and halal food were the two mutual areas that Malaysia and UAE could work together.
Exports were likely to reach approximately $2.4 billion by the end of the year, up 69 per cent year-on-year. Despite these encouraging results, Viet Nam was still faced with several barriers in fostering trade relations with the Middle East, such as cumbersome administrative procedures, political instability and insufficient market information, Hoøa said. They were also urged to win Halal certification, necessary if the firms wanted to effectively access the market.
The first global congress for Muslim PR practitioners was jointly held by the International Islamic University Malaysia and Tehran-based Kargozar PR Institute. The conference focused on presentations, dialogues and panel discussions, comprising of more than 200 delegates from Malaysia and neighbouring countries.
Sharjah: With China being the UAE’s second largest non-oil trade partner, the Chinese Commodities Fair Sharjah (CCFS) that got under way today (December 5, 2011) at Expo Centre Sharjah is set to give a big thrust to trade exchanges between the two countries.
A group of Muslim businessmen unveiled plans in Turkey on Thursday for a Facebook-style social networking site with “healthy values” for a young, Islamic audience.
Muslim consumers need to be more aware of the contents of medication and health products in the market to ensure that they are made from halal sources, a pharmaceutical health seminar was told today.
With the social, political and the subsequent economic shocks in the Arab world and secondly, with the resonance of the new financial crisis that hit the world economy, the organisers of the Eurohalal Market regret the need to postpone the European Halal Trade Fair to the 26th, 27th & 28th of November 2012.
Midamar Halal Foods, America’s first and largest Halal brand will be exhibiting in the American Pavilion at SIAL Abu Dhabi November 21 to 23. Midamar will be introducing new USDA Certified Halal Organic Beef and Chicken line at the event.
Islamic Finance news – IFN Today, Thursday, 17th May 2012
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