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Category: Opinion

Opinion: Ramadan guide for non Muslims

| 28/07/2011 | Reply
Opinion: Ramadan guide for non Muslims

A short guide on the Do’s and Don’ts during Ramadan if you are a non Muslim visiting or living in a Muslim country.

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Opinion: Could religion be used to address environmental issues?

| 09/07/2011 | Reply
Opinion: Could religion be used to address environmental issues?

Religion and the environment may at first seem to be two mutually exclusive phenomena; but looking at the history of the religion, as well as the way people govern their lives, just might provide a much-needed solution.

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Opinion: Islamic Branding and the Revolution 2.0

| 14/06/2011 | Reply
Opinion: Islamic Branding and the Revolution 2.0

In mid 2011, Ogilvy Noor undertook a large multi-country research on the Muslim consumers around the world while undercovering their habits and views on faith. The research provided some insight into the feelings, emotions and aspirations that guide the Muslim youth across the globe.

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Opinion: Innovation and Islamic finance

| 13/06/2011 | Reply
Opinion: Innovation and Islamic finance

To date, Islamic finance has reached, at best, 2-3 per cent of 1.6 billion or 48 million Muslims, while the halal industry has not only great reach, including non-Muslim countries, but deeper penetration. What can Islamic finance learn from halal industry?

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Opinion: You Had Me at ‘Halal’

| 09/06/2011 | Reply
Opinion: You Had Me at ‘Halal’

USA: By Lori Coman I recently had the pleasure of meeting the highly engaging and extremely energetic Maria Omar, director of media relations for the Islamic Food and Nutrition Council of America (IFANCA). Maria was manning their booth at the National Restaurant Association Show … the second time IFANCA exhibited there. They’ve been a presence […]

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USA: A (Uni)Vision For Life After A Mass Market

| 08/06/2011 | Reply
USA: A (Uni)Vision For Life After A Mass Market

No longer can American businesses get away with chasing a single group of consumers—that is, whites.The challenge for businesses is to figure out the best way to cater to the growing numbers of Hispanics, Asians, Muslims, and the fastest-growing group of young Americans, the 4.2 million under 18 who call themselves multiracial.

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Opinion: Europe sleepwalking as global food prices set to double

| 08/06/2011 | Reply
Opinion:  Europe sleepwalking as global food prices set to double

Global food prices will more than double within 20 years as a new age of crisis forces the collapse of our broken global food system, said Oxfam today. The international development agency said Europe is sleepwalking as the world enters into an unprecedented and avoidable reversal in human development.

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Opinion: Islamic finance, Halal industry and the media

| 06/06/2011 | Reply
Opinion: Islamic finance, Halal industry and the media

Latest thoughts from Rushdi Siddiqui, thought leader and Global Head of Islamic Finance at Thomson Reuters, on the convergence of Islamic Finance and the Halal industry.

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Opinion: Dubai’s skyscrapers, stained by the blood of migrant workers

| 28/05/2011 | Reply
Opinion: Dubai’s skyscrapers, stained by the blood of migrant workers

Dubai seems to be a place where the worst of western capitalism and Gulf Arab racism meet in a horrible vortex. The Indian consulate in Dubai has revealed that at least two Indian expats commit suicide each week. There is something deeply sinister about Dubai luxury.

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Opinion: Gen Y and Islamic finance

| 23/05/2011 | Reply
Opinion: Gen Y and Islamic finance

There is an increasing disconnection between Islamic finance, the Halal Industry and the Muslim customers of tomorrow: the youth.

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Change is essential to attract the best talent

| 24/04/2011 | Reply
Change is essential to attract the best talent

Banks must take up projects that will bring smiles into the lives of people in order to connect with today’s generation. Unless Islamic finance is made relevant to young people, it will struggle to gain popularity and grow in strength in the future.

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Opinion: Reuniting the ‘twins separated at birth’

| 04/04/2011 | Reply
Opinion: Reuniting the ‘twins separated at birth’

The halal industry has failed to convey its business model to Islamic finance in the language the latter understands: financing real estate, tangible assets, etc. Instead, Islamic finance, with its own issues on the lack of standardisation hears repeatedly about halal issues like ingredients, stunning, lack of certification consensus, etc. i.e. controversy!

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Opinion: Five myths about Muslims in America

| 02/04/2011 | Reply
Opinion: Five myths about Muslims in America

Imam Feisal Abdul Rauf looks at some of the myths that are behind the entrenched beliefs that Muslims simply do not belong in the United States and that they threaten its security?

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Opinion: Time right for growth of Islamic finance

| 16/03/2011 | Reply
Opinion: Time right for growth of Islamic finance

The halal food industry has greater brand recognition and penetration than Islamic finance among the 1.6 billion Muslims. But how many Muslims know about Islamic finance and, more important, how many are participants, the bankable 2 to 3 per cent?

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Opinion: Serving the Halal Ecosystem

| 06/03/2011 | Reply
Opinion: Serving the Halal Ecosystem

With the Islamic community now the fastest-growing consumer segment in the world, can businesses afford not to become part of the halal trend?

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Opinion: Of Faith, Finance, Food and fashion

| 01/03/2011 | Reply
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.”

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Opinion: Islamic Finance’s Real Economy Leadership Agenda

| 28/02/2011 | Reply
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.

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Halal – a Badge of Honour

| 28/02/2011 | Reply
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.

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Opinion: It’s not the halal you expected

| 24/02/2011 | Reply
Opinion: It’s not the halal you expected

And as debate and discussion on the meaning of halal grows, mainstream supermarkets, food producers, and restaurants are finding that there is plenty of overlap between traditional definitions of halal food and Western standards of quality and ethics.

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Opinion: Geopolitics of the Food Crisis

| 19/02/2011 | Reply
Opinion: Geopolitics of the Food Crisis

After WW2 the nations that are considered today’s third world had yearly trade surpluses in food of $7 billion, subsistence farming where the cultivation of land was primarily for domestic consumption dominated the world and through mechanisms whereby government’s controlled food supplies, this ensured sufficient reserves were put aside for future harvests. However today the rise of food deficits in the third world mirrors the rise of food surpluses in the developed world.

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