click to go to penny appeal

Author Archive: salama

rss feed

Productivity in Ramadan 2011 Survey Results Provide Concrete Recommendations for Employers & Governments

| 25/08/2011 | Reply
Productivity in Ramadan 2011 Survey Results Provide Concrete Recommendations for Employers & Governments

DinarStandard™, a Muslim market research and business media firm, and ProductiveMuslim Ltd, a productivity training and media firm, have joined forces to deliver a ground-breaking study that presents a fact-based assessment of the state of productivity during Ramadan across the world.

Read More

Pakistan: Advertisements for Halal food on the rise

| 24/08/2011 | Reply
Pakistan: Advertisements for Halal food on the rise

Currently, Pakistan has no laws on halal product certification but in March 2011 a team of Malaysian experts in halal certification visited the country to advise the Sindh government on creating a regulatory framework for halal certification.

Read More

Malaysia: OSK-UOB Islamic Fund Management launches Global Food Islamic Equity Fund

| 23/08/2011 | Reply
Malaysia: OSK-UOB Islamic Fund Management launches Global Food Islamic Equity Fund

The fund, which will tap into the massive potential growth of the halal food industry, has an approved fund size of 400 million units or US$67.36 million. Chief Executive Officer Md Noor A. Rahman is optimistic over the fund as it is the world’s first halal fund.

Read More

Saudi Arabia: Central bank sees moderate inflation

| 21/08/2011 | Reply
Saudi Arabia: Central bank sees moderate inflation

Saudi Arabia imports the bulk of its food needs. Muhammad al-Jasser, the governor of Sama, the country’s central bank, has repeatedly said that inflationary pressures, caused mainly by an increase in global food prices, are worrying.

Read More

High Food Prices Threaten Poorest: World Bank

| 21/08/2011 | Reply
High Food Prices Threaten Poorest: World Bank

Food prices near record peaks and volatility in commodity markets are driving the lives of the world’s poorest people to the edge of survival, the World Bank warned on Monday. Global food prices in July were 33% higher than a year ago.

Read More

UK: Leicester woman fulfils halal cosmetics firm dream

| 19/08/2011 | Reply
UK: Leicester woman fulfils halal cosmetics firm dream

A mother of two fulfilled her dream to have her own Halal make-up collection. In July, with the help of her husband and family, she launched Miracle Halal Mineralz.

Read More

Malaysia: Kelantan collects Zakat in Shariah money

| 19/08/2011 | Reply
Malaysia: Kelantan collects Zakat in Shariah money

Exactly one year ago, on 12 August 2010, a small north-eastern state of Malaysia made a revolutionary step that may well have an impact on the modern world history: the government of Kelantan introduced bi-metallic medium of exchange, Islamic Gold Dinar and Silver Dirham, known in the history and tradition of Islam as Shariah Money.

Read More

UK agency warns about ‘Zam Zam’ water on sale

| 18/08/2011 | Reply
UK agency warns about ‘Zam Zam’ water on sale

The government’s Food Standard s Agency (FSA) in Britain has advised Muslims that they should consider avoiding drinking bottled water described or labelled as Zam Zam water. As per Saudi Arabian law, export of Zam Zam water for sale is illegal and the British regulator was uncertain about the origin of the bottled water on sale.

Read More

UAE: Muslim Holiday-makers head to ‘now affordable’ Europe

| 18/08/2011 | Reply
UAE: Muslim Holiday-makers head to ‘now affordable’ Europe

Holiday-makers from Qatar are heading to destinations in Europe, making use of the present economic frost sweeping across the euro zone countries, tourism industry experts have observed.

Read More

Corruption index 2010 from Transparency International

| 18/08/2011 | Reply
Corruption index 2010 from Transparency International

The Corruption Index is always controversial, but it can be a guide to who you might want to do business with. Transparency International’s Corruption Perceptions Index (CPI) is the world’s most credible measure of of domestic, public sector corruption.

Read More

UK: Nando’s halal call

| 17/08/2011 | Reply
UK: Nando’s halal call

A PETITION has been set up to add halal meat to the menu at the new Nando’s restaurant in Peterborough city centre.

Read More

Can Indonesia serve as a World Halal Certification Centre?

| 16/08/2011 | Reply
Can Indonesia serve as a World Halal Certification Centre?

Indonesia, as the world’s largest Muslim country with a population of about 237.6 million, wants to serve as a world certification center for halal goods in line with the increasing popularity of halal products among both Muslim and non-Muslim consumers.

Read More

UK: Middle Eastern visitors favour Westfield London

| 16/08/2011 | Reply
UK: Middle Eastern visitors favour Westfield London

July has seen a large influx of Middle Eastern shoppers to Westfield London shopping centre, while retailers have reported uplift in Middle Eastern customers mainly from Kuwait, Saudi Arabia, Qatar and the United Arab Emirates, including members of Gulf Royal families as regular Westfield London visitors.

Read More

Malaysia: Jakim Confirms ‘Pure Creamery Butter-Golden Churn’ Is Non-Halal

| 16/08/2011 | Reply
Malaysia: Jakim Confirms ‘Pure Creamery Butter-Golden Churn’ Is Non-Halal

With the product being confirmed non-Halal, he advised holders and new applicants of the Halal certificate who use the product to change it with other type of butter which is certified Halal and to keep the purchase receipt of the new product as proof.

Read More

Opinion: Islamic Finance industry needs consolidation

| 16/08/2011 | Reply
Opinion: Islamic Finance industry needs consolidation

Rushdi Siddiqui asks: what about consolidation among Islamic industry bodies, such as AAOIFI (Accounting and Auditing Organisation of Islamic Financial Institutions), IIRA (International Islamic Rating Agency), IIFM (International Islamic Financial Market) and CIBAFI (General Council for Islamic Banks and Financial Institutions)?

Read More

Pakistan fails to gain much in Halal brand market

| 16/08/2011 | Reply
Pakistan fails to gain much in Halal brand market

Currently, almost all countries exporting Halal products are non-Muslim. Brazil, USA, Canada, Australia, New Zealand, France, Thailand and India are the leading countries exporting Halal products. Last year, India exported Halal brand products worth $21 billion. Awareness about Halal is higher in countries where Muslims are in minority.

Read More

UAE: Halal industry ‘must make strategic global acquisitions’

| 15/08/2011 | Reply
UAE: Halal industry ‘must make strategic global acquisitions’

The halal industry should be supported by Islamic finance and the two should go hand in hand. True halal is not only about a process but following Islamic rules. One way of starting a dialogue is joint Islamic finance-halal food activities and events to develop understanding and match-making of services and products first locally, regionally and internationally. That should be reinforced by the authorities.

Read More

Opinion: Ramadan-inspired Dates Index

| 15/08/2011 | Reply
Opinion: Ramadan-inspired Dates Index

Rushdi Siddiqui speaks about the theory of purchasing power, but presents it as something relatively simple and relevant that not only attempts to capture the purchasing power of (Muslim country) consumers, but also with something that is closely linked to historical Arabia and referenced in the Qur’an.

Read More

Opinion: Global brands, Islamic values

| 15/08/2011 | Reply
Opinion: Global brands, Islamic values

As more and more transnational companies look at expanding their footprints in the global Islamic market, which accounts for around 23 per cent of the world’s population and is projected to grow to about 35 per cent in the next 20 years, brand managers and marketing heads need to study and analyse the religion that dictates so much of public life and its associated values.

Read More

Rice Set to Climb as Thailand Plans Curbs, U.S. Crop Drops

| 15/08/2011 | Reply
Rice Set to Climb as Thailand Plans Curbs, U.S. Crop Drops

The smallest increase in rice stockpiles in five years means global grain inventories will extend a decline that already drove food costs to a record.

Read More

Pin It on Pinterest