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Category: Editorial

Opinion: United Halal-Islamic finance sector to build USD4trn empire

| 09/07/2013 | Reply
Opinion: United Halal-Islamic finance sector to build USD4trn empire

An interview with Rushdi Siddiqui who has launched Azka Capital, a private equity advisory firm focused on halal industry initiatives with Islamic financing. He believes these industries have much in common, but hardly communicate with each other.

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Job creation should be the top policy priority in the Arab region

| 08/07/2013 | Reply
Job creation should be the top policy priority in the Arab region

It is clear that new financing channels and mechanisms need to be established and fostered to fill the funding void facing SMEs. Middle East SMEs are not only significant contributors to GDP but also account for the majority of private sector employment.

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Opinion: Halal lawsuit for Halal violation

| 04/07/2013 | Reply
Opinion: Halal lawsuit for Halal violation

When Western/conventional companies undertake to serve the “religious” market, be it Thomson Reuters for Islamic finance or Nestle for halal, it implies a credible market worthy of committing budgets, resources and priorities to.

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Opinion: Key areas in Islamic Finance and the Halal Industry

| 29/06/2013 | 1 Reply
Opinion: Key areas in Islamic Finance and the Halal Industry

Islamic Finance and the Halal Industry need to be part of the everyday conversation in Malaysia. The 20% of Malaysian Islamic banking assets is a solid foundation for building the next 20% in half the time.

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Opinion: Uniting Islamic Finance and Halal at conferences

| 19/06/2013 | 1 Reply
Opinion: Uniting Islamic Finance and Halal at conferences

One of the interesting developments in the Islamic finance conferencing arena has been the introduction of topical issues from the $2.1 trillion Halal industry. Is it because there is no ‘new new’ in Islamic finance?

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UAE: Over-dependence on imported food is dangerous

| 08/06/2013 | Reply
UAE: Over-dependence on imported food is dangerous

A demand-supply mismatch could increase price volatility in the global food and commodities market that could increase the vulnerability of GCC consumers who mostly rely on imported foodstuffs.

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Opinion: The Halal economy

| 02/06/2013 | Reply
Opinion: The Halal economy

The Islamic economy used to be thought of as exclusively associated with financial institutions implementing systems and laws that adhere to Islamic Shari’a law. The concept, however, gradually developed to include other sectors.

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Halal foods most important factor for travelling Muslims, says report

| 29/05/2013 | Reply
Halal foods most important factor for travelling Muslims, says report

According to DinarStandard, the travel industry would do well to respond to Muslim travel needs given that by 2020, growth will have reached nearly five percent compared to the global figure of 3.8 per cent.

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Opinion: Consuming passions

| 25/05/2013 | Reply
Opinion: Consuming passions

Trends used to be set by majority Muslim countries in the Middle East and South East Asia. Now they come as much from the Muslim minorities in the West. An overview on the growth of Halal into various sectors.

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UK: EBLEX Halal Steering Group being disbanded angers Muslims

| 23/05/2013 | Reply
UK: EBLEX Halal Steering Group being disbanded angers Muslims

In a move which has proven unpopular among some within the Halal sector, red meat levy body Eblex has established a new open Halal Forum to replace the current Halal Steering Group.

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Opinion: UK Halal food producer presses for higher monitoring standards

| 18/04/2013 | Reply
Opinion: UK Halal food producer presses for higher monitoring standards

In times of economic hardship, price tends to become an increasingly important factor in the minds of customers. Producers generally try to respond by minimising their costs.

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Opinion: Halal travel, Japanese- style

| 16/04/2013 | Reply
Opinion: Halal travel, Japanese- style

Japan wants Malaysian Muslim tourists, but how much are travellers willing to bend for a halal experience?

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Opinion: Imams – The missing stakeholders in Islamic finance

| 12/04/2013 | Reply
Opinion: Imams – The missing stakeholders in Islamic finance

Imams may have heard of the Shariah scholars, but the opportunity for interactions with the latter is minimal, if at all, hence they do not “blind-faith” endorse products signed off by them.

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Malaysia: Strengthening the Halal brand through innovation

| 09/04/2013 | Reply
Malaysia: Strengthening the Halal brand through innovation

Innovation and a strict adaptation of the Islamic philosophy are the barometers that can determine how genuine a halal hub is, says Prof Pervaiz K Ahmad of the Monash University.

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Opinion: The politics of halal

| 01/04/2013 | Reply
Opinion: The politics of halal

This is probably the most extreme case so far when it comes to the politics of halal. But tensions over manufacturing, certifying and promoting halal products are replicated in other countries, too.

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Malaysia: HDC Expects Investments Of RM1 Billion In Halal Parks This Year

| 25/03/2013 | Reply
Malaysia:  HDC Expects Investments Of RM1 Billion In Halal Parks This Year

Currently there are 24 halal parks located throughout the country, of which 13 were awarded Halmas status. HDC accords the Halmas status to halal park operators who comply with requirements under the HDC Designated Halal Park Development Guidelines.

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UAE: Looking for halal alpha in Dubai

| 20/03/2013 | Reply
UAE: Looking for halal alpha in Dubai

We’re talking about the halal industry: from food and pharmaceuticals to cosmetics, logistics and more — $2.1 trillion in total, with the food sector comprising about a third.

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Opinion: A Fake Self-Help Book on ‘Getting Filthy Rich’ in Asia

| 07/03/2013 | Reply
Opinion: A Fake Self-Help Book on ‘Getting Filthy Rich’ in Asia

An interview by Wajahat Ali with Mohsin Hamid, author of The Reluctant Fundamentalist which is soon to be released as a movie, about his latest book ‘How to Get Filthy Rich in Rising Asia’. The novel explores the quirks of modern South Asia.

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Opinion: Horsemeat scandal companies can learn from Halal

| 28/02/2013 | Reply
Opinion: Horsemeat scandal companies can learn from Halal

The horsemeat scandal has raised significant consumer questions: what is in the food we eat, how can we be sure it’s properly labelled, and most importantly, who can we trust? For Muslim consumers who wish to observe halal food halal certification from a trusted authority is vital.

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Opinion: Chance for Halal Industry to raise the bar

| 25/02/2013 | Reply
Opinion: Chance for Halal Industry to raise the bar

It is well-known and accepted that supply chains are long, challenging and complicated. Going forward, non-halal manufacturers, who produce halal products, will either have to have dedicated factories for halal products, or they might consider dropping the product altogether.

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