Category: Trends

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.

Businessmen unveil plans for ‘Muslim Facebook’

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.

UK: Women & Islam – The rise and rise of the convert

Three-quarters of Britons who become Muslim are female. Now a major new study has shed light on the difficulties they face in adjusting to their new life.

The Mainstreaming Of Fair Trade

Consumer awareness of Fair Trade in the U.S. is around 34%–not as high as awareness of organic products, but it’s a large number considering that Fair Trade has been around in this country for less than two decades. Organic certification in the U.S. has existed since the early 1970s.

UAE: How Urbanisation is Changing Emirati Identity

Today, the total population of the UAE has exceeded eight million with the nationals accounting for 923,000 of the total. Many UAE nationals privately dispute the figures of UAE nationals in the belief that the UAE population is less than the official estimate. A significant number of UAE nationals commute daily to the urban environments of Dubai and Abu Dhabi from the poorer emirates such Ras Al Khaimah and Fujairah.

UK: Google predicts the Internet could help create 365,000 new UK jobs by 2015

Google drives home the point, backed by other technology companies, that businesses across Europe need to understand a series of digital “mega-trends” if they want to be able to reap the full benefits of what the Internet can offer. Recent trends include a shift to mobile, the adoption of Cloud-based technologies and online media could all help encourage innovation.

USA: Natural and Organic F&B expected to grow

U.S. retail sales of natural and organic foods and beverages expected to grow 103% between 2010 and 2015, with annual sales exceeding US$78B in 2015: Packaged Facts

Opinion: An Islamic approach to ethical consumerism

Until recently, halal foods were defined only by ritual slaughter and mass-market production. But today’s ethical consumer trends are making the industry take a second look at what halal really means.

USA: Ethnic Food Markets are Expanding

According to this article, if you enjoy discussing and researching food trends, you can earn thousands of dollars at home online generating and marketing ethnic food market reports on your computer and selling them for more than $3,000 each to industries.

Opinion: Of Faith, Finance, Food and fashion

An interview with Dinar Standard CEO Rafi-uddin Shikoh from Rushdi Siddiqui’s regular ‘Islamic Finance 2.0′ column in Business Times of Malaysia.

“We are defining the ‘emerging Muslim markets’ as the inter-connected over US$7 trillion (RM21.35 trillion) OIC member country economies, the over US$1.8 trillion (RM5.49 trillion) global Muslim consumer market, and the over US$1 trillion (RM3.05 trillion) Islamic Finance industry. There is tremendous connectivity and opportunities that exist within these three segments and we feel that collectively they are as large as any other emerging market today.”

Opinion: Islamic Finance’s Real Economy Leadership Agenda

Dinar Standard founder Rafi’uddin Shikoh comments that if the vision of Islamic Finance is a financial system that seeks profits while ensuring the religious considerations of sharing risk and returns and supporting an ethical society with a potential to serve a global audience, then the reality of today’s industry value proposition is only partially hitting the mark.

Halal – a Badge of Honour

With a 1.57 billion-strong global Muslim population, and most of them coming from what we call the ‘next 11’ emerging economies, Halal is clearly a force to be reckoned with. Much has been said and written about the explosion of Halal and its immense potential, but not much about what really makes it tick and how it has become such a big cultural phenomenon.

Malaysia: Webse to go big on the web

After winning the platinum award in the technology/ICT category at the inaugural Star Outstanding Business Awards (SOBA) 2010, it has now set its sight to become the top global halal portal company.

The Mystique of Mainstream Middle Eastern Beauty

According to Euromonitor International, Middle Eastern women are more often combining their religious views with consumerism, and this is a trend that has been reflected in advertising campaigns with models wearing the hijab, or head scarf. This is an excellent article on the growing Beauty Market in the Middle East, and Halal cosmetics are the new way forward in this sector.

Summary of Ogilvy Report on New Muslim Consumer

A pioneering research study by Ogilvy & Mather, in partnership with TNS, has revealed the emergence of the ‘New Muslim Consumer’: young, proud of their religion and emblematic of the remarkable spending power embodied by the world’s fastest-growing religion. You can read the Executive Summary here…

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