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Author Archive: salama

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Indonesia encourages sharia economy to boost SMEs

| 07/12/2019
Indonesia encourages sharia economy to boost SMEs

Indonesian Vice President Ma’ruf Amin discusses a wide range of topics – domestic, international, and economic – and said that his country plans to pay more attention to Halal tourism.

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Indonesia: Social commerce startup Evermos brings Halal products into Indonesia, grabs US$8.25M Series

| 06/12/2019
Indonesia: Social commerce startup Evermos brings Halal products into Indonesia, grabs US$8.25M Series

The startup plans to use the funds to expand its presence in the digital Islamic economy ecosystem, accelerate growth by focusing on further collaborations with local brands and organisations.

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Malaysia: Halal sector is ‘low-hanging fruit’ for local SMEs

| 06/12/2019
Malaysia: Halal sector is ‘low-hanging fruit’ for local SMEs

Work is currently in progress to establish the country’s first halal gelatine incubator project, which has the capacity to produce between 250 tonnes and 300 tonnes of gelatine per year.

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IHAB strengthens Malaysia’s position as halal leader

| 05/12/2019
IHAB strengthens Malaysia’s position as halal leader

The establishment of the International Halal Authority Board (IHAB) confirmed the position of Malaysia as a global halal leader through the recognition of the authorities and halal certification bodies abroad.

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UK: HalalBooking Ranked as Fastest-Growing UK Travel Company

| 05/12/2019
UK: HalalBooking Ranked as Fastest-Growing UK Travel Company

HalalBooking’s results for the first three quarters of 2019 show that over 75,000 guests have booked through its website, using its unique halal-friendly search functionality to choose hotel and villa accommodation.

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Halal consumer market will hit $2.5 trillion globally in 2020, AT Kearney reports

| 04/12/2019
Halal consumer market will hit $2.5 trillion globally in 2020, AT Kearney reports

The firm’s Global Business Policy Council, which conducted the analysis, found that spending on halal products and services is set to almost double globally by 2023.

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Opinion: Entrepreneurs and government are teaming up to boost food security in the United Arab Emirates — and beyond

| 04/12/2019
Opinion: Entrepreneurs and government are teaming up to boost food security in the United Arab Emirates — and beyond

The approach to indoor agriculture, known as vertical farming, has been gaining popularity in many parts of the world.

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Turkey, Malaysia, Qatar can pioneer in Islamic Finance

| 04/12/2019
Turkey, Malaysia, Qatar can pioneer in Islamic Finance

Touching on Turkey’s Istanbul Finance Center project, expected to be completed in 2022, Al-Jaida expressed optimism in the center’s potential.

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Saudi Arabia assumes 2020 G20 Presidency

| 04/12/2019
Saudi Arabia assumes 2020 G20 Presidency

The Kingdom has extended invitations to the Hashemite Kingdom of Jordan, the Republic of Singapore, the Kingdom of Spain and the Swiss Confederation.

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JTB, Singapore firm ink deal to promote halal certification in Japan

| 02/12/2019
JTB, Singapore firm ink deal to promote halal certification in Japan

The agreement aims to facilitate the growth and development of the halal food and travel industry in Japan, boost the export of halal products to and from Japan, and improve the experience of Muslim tourists in Japan.

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Malaysia: CIMB Islamic provides RM100m financing for SMEs to achieve halal status

| 28/11/2019
Malaysia: CIMB Islamic provides RM100m financing for SMEs to achieve halal status

HalalBizReady is part of CIMB’s refreshed SME proposition’s suite of solutions that comprises three main pillars including SME Transact, SME Financing and collaborations via industry SME Partners.

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UAE: DIEDC expands network of strategic partners in Indonesia

| 27/11/2019
UAE: DIEDC expands network of strategic partners in Indonesia

Dubai Islamic Economy Development Centre (DIEDC) signed two Memorandums of Understanding (MoU) with Indonesia Halal Lifestyle Center (IHLC) and the National Islamic Finance Committee (KNKS).

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UAE: Expo 2020 teams up with Informa to attract world-class business and entertainment events

| 27/11/2019
UAE: Expo 2020 teams up with Informa to attract world-class business and entertainment events

Visitors, exhibitors and delegates will be able to combine the full suite of Expo 2020 visitor experiences with DEC events, summits, seminars, product launches, networking opportunities and meetings.

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Italy: Turin Islamic Economic Forum

| 27/11/2019
Italy: Turin Islamic Economic Forum

Dubai Islamic Economy Development Centre Supports Fourth Edition of Turin Islamic Economic Forum as Strategic Partner & in Collaboration with Dubai Culture.

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Indonesia: Great confusion over Indonesia’s halal laws

| 26/11/2019
Indonesia: Great confusion over Indonesia’s halal laws

The transition to halal certification has not gone as well as expected. Observers said regulation and implementation still face problems that could potentially create commotion among the public.

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Indonesia taps into Muslim tourist market with Shariah hotels

| 26/11/2019
Indonesia taps into Muslim tourist market with Shariah hotels

Shariah-compliant accommodation is not new in Indonesia. The Sofyan Hotel chain in Jakarta has implemented the concept in its two properties since 1992 by removing nightclubs, bars and alcoholic drinks from its facilities. 

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Malaysia: Mujahid urges MACC to probe Jakim’s halal certification dept

| 26/11/2019
Malaysia: Mujahid urges MACC to probe Jakim’s halal certification dept

Mujahid said while the allegations were unsubstantiated, they were still bad because they could damage the image of Jakim’s halal certification, which is reputed to be the best in the world.

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USA: To halal or not to halal?

| 25/11/2019
USA: To halal or not to halal?

 Interview with Dr. Muhammad Munir Chaudry, IFANCA President and CEO of IFANCA to discuss the current status and the future of the halal economy.

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Malaysia: MIHAS 2020 to Drive Malaysia’s Sustainability Agenda among Businesses

| 25/11/2019
Malaysia: MIHAS 2020 to Drive Malaysia’s Sustainability Agenda among Businesses

KUALA LUMPUR: World’s largest halal trade fair, the Malaysia International Halal Showcase (MIHAS) 2020, is set to host Malaysian and global Halal-based businesses at its 17th edition from 1 to 4 April 2020. In this edition, MIHAS will be facilitating the promotion of sustainability practices among Halal-based industry players. Themed as “Expand Your Halal Horizon”, […]

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Turkey: Istanbul to host major International Events from 25 November-1 December

| 23/11/2019
Turkey: Istanbul to host major International Events from 25 November-1 December

The events, including the World Halal Summit (WHS) and an official meeting of the Organization of Islamic Cooperation (OIC), will be attended by top officials from a multitude of countries.

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