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Author Archive: salama

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Halal index is new Islamic investment frontier

| 18/04/2011 | Reply
Halal index is new Islamic investment frontier

Experts say the index will be a bridge-builder for Islamic funds, exchange-traded funds and sukuks as well as for global non-Islamic investors interested in the emerging food sector. Here are some basic facts about the index and its role in the future of Islamic investing.

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Malaysia:New index will position halal as an asset class

| 16/04/2011 | Reply
Malaysia:New index will position halal as an asset class

The 6th World Halal Forum (WHF), 4-5 April, premiered with a notable paradigm shift with the introduction of Halal 2.0 The Convergence of Islamic Finance and Halal. The main theme of the event was to push for the convergence of two influential industries Islamic finance and the halal sectors into an integrated halal economy estimated to be now worth several trillion US dollars. The key milestone was the unveiling of a first of its kind “Halal Food Index”, which will position halal as an asset class within the investment community.

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USA: Abbott Recognized as Company of the Year for Global Halal Initiatives

| 15/04/2011 | Reply
USA: Abbott Recognized as Company of the Year for Global Halal Initiatives

“Abbott has demonstrated outstanding attention to Halal conformance and execution for more than five years,” said Muhammad Munir Chaudry, Ph.D., President of IFANCA. “This award recognition should reassure Muslims living around the world that Abbott Nutrition products are truly Halal.”

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USA: Ethnic Food Markets are Expanding

| 15/04/2011 | Reply
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.

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Russia: Market Emerging for Islamic Finance

| 15/04/2011 | Reply
Russia: Market Emerging for Islamic Finance

Russia is the most attractive of the four BRIC countries for Islamic investment because it’s relatively stable, close to the Middle East and has an established legal system and infrastructure, said Abas Jalil, executive director of AmanahRaya Capital Group in Malaysia.

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Canada: Kraft calls on star chefs to capture immigrant market

| 13/04/2011 | Reply
Canada: Kraft calls on star chefs to capture immigrant market

Major North American food companies have been expanding their overseas markets for decades. But targeting ethnic consumers on home turf is still relatively uncharted territory. Industry analysts say that’s changing, as shifting demographics in Canada force mainstream food companies to recognize new growth opportunities among domestic minority groups.

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NZ: Halal award a boon for NZ meat

| 13/04/2011 | Reply
NZ: Halal award a boon for NZ meat

The New Zealand meat industry is expected to grow significantly after the Agriculture and Forestry Ministry won the award for best service provider at the World Halal Forum in Malaysia last week.

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Malaysia: The winners of The Halal Journal Awards 2011

| 09/04/2011 | Reply
Malaysia: The winners of The Halal Journal Awards 2011

Former Malaysian Prime Minister, YABhg Tun Abdullah Ahmad Badawi presented the prestigious Halal Journal Awards to eight of the industry’s movers and shakers at The 6th Halal Journal Awards Gala Dinner held to honour and celebrate the success within the global Halal industry.

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EU: Dutch consider banning religious animal slaughter

| 09/04/2011 | Reply
EU: Dutch consider banning religious animal slaughter

In the Netherlands, an unlikely alliance of an animal rights party and the xenophobic Freedom Party is spearheading support for the ban on kosher and halal slaughter methods that critics say inflict unacceptable suffering on animals.

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UK: Farming Minister supports plans to label kosher meat

| 08/04/2011 | Reply
UK: Farming Minister supports plans to label kosher meat

Slaughtering animals without pre-stunning is banned in the UK, but there is currently an exception for Jewish and Muslim methods of slaughter which require the animal to be alive and well when it is killed.

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Malaysia: Agricultural Sector Offers Opportunity To Expand Halal Industry

| 07/04/2011 | Reply
Malaysia: Agricultural Sector Offers Opportunity To Expand Halal Industry

The agricultural sector including palm oil offers tangible opportunities for expanding the halal industry, said Minister of Domestic Trade, Co-Operatives and Consumerism, Datuk Seri Ismail Sabri Yaakob Wednesday.

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Singaporean Firms Eyeing Halal Frozen Food At MIHAS 2011

| 07/04/2011 | Reply
Singaporean Firms Eyeing Halal Frozen Food At MIHAS 2011

Singaporean firms, currently participating in the on-going 8th Malaysia International Halal Showcase (MIHAS), are eyeing the import of halal frozen food market into the island state

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Indonesia wants to be ‘global center’ for halal food

| 07/04/2011 | Reply
Indonesia wants to be ‘global center’ for halal food

The Indonesian Ulema Council (MUI) is set to make Indonesia a global center for halal food products, saying it can help support the country’s tourism as many visitors come from the Middle East.

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France: Sarkozy’s debate targets Muslims

| 07/04/2011 | Reply
France: Sarkozy’s debate targets Muslims

The rhetoric employed is one means by which Sarkozy hopes to win over those who usually place their trust in the National Front, a party that has been revived by Marine Le Pen, daughter of France’s best-known postwar xenophobe, Jean-Marie Le Pen. With the latest opinion poll showing that 72% of French people do not believe Sarkozy can win next year’s presidential election, there’s no doubt that he needs all the support he can get.

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Malaysia: Food Analyst Council Should Work With JAKIM

| 07/04/2011 | Reply
Malaysia: Food Analyst Council Should Work With JAKIM

Several members of parliament Tuesday proposed that the Food Analyst Council work with the Islamic Development Department (JAKIM) to determine the halal status of food products.

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Malaysia: The Sixth China International Halal Food and Muslim Products Show (CIHAS 2011)

| 07/04/2011 | Reply
Malaysia: The Sixth China International Halal Food and Muslim Products Show (CIHAS 2011)

In a statement Tuesday, the organising committee said the halal show was positioned as an international trade-show providing a unique business platform to showcase halal food, Muslim products and Islamic services catering to the fast-growing global market.

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Malaysia: Saffron Road Wins Best Product Award at World Halal Forum

| 07/04/2011 | Reply
Malaysia: Saffron Road Wins Best Product Award at World Halal Forum

This prestigious award was personally presented to Saffron Road by the Former Prime Minister of Malaysia, Tun Abdullah Ahmad Badawi during the Halal Journal Awards Gala Dinner Monday evening.

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Malaysian body drafts standards to expand halal industry

| 07/04/2011 | Reply
Malaysian body drafts standards to expand halal industry

A Malaysia-based group is drafting halal standards to give Muslim countries a framework to regulate a $2 trillion global industry ranging from food to finance.

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Malaysia: Halal trade fair to attract global participants

| 07/04/2011 | Reply
Malaysia: Halal trade fair to attract global participants

ver the past seven years, Mihas has succeeded in creating extensive business opportunities and networking for various halal industry players worldwide. Mihas has also been the focal point for global traders, entrepreneurs and manufacturers to promote and launch their halal products and services.

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World Halal Forum gets Thumbs Up from the World

| 06/04/2011 | Reply
World Halal Forum gets Thumbs Up from the World

Based on feedback from over 600 delegates who came from over 40 countries, this year’s WHF hit the right note by converging Islamic Finance and the Halal Industry, into one integrated Halal Economy. This positive response is a promising step forward for both industries to work closer together to elevate the Halal economy.

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