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Category: Editorial

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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Dubai: Midamar Halal Air Chilled Chicken Crowned “Best New Halal Food” at Gulfood Awards

| 04/03/2011 | Reply
Dubai: Midamar Halal Air Chilled Chicken Crowned “Best New Halal Food” at Gulfood Awards

The Gulfood Awards are organised by The Dubai World Trade Centre (DWTC), in association with UK-based FoodBev Media, the awards attracted more than 150 entries from 23 countries in 16 different categories, and were judged by an international panel of experts.

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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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Opinion: Abandoning hurdles in the race for Halal Branding

| 06/02/2011 | Reply
Opinion: Abandoning hurdles in the race for Halal Branding

Many discussions and practices talk of halal as being a brand – it’s not! Also, what is halal branding – does that mean branding in a halal way, or a brand which identifies a product or service as comprising of halal components? Halal is a descriptor and therefore can be termed an Ingredient Brand, but on it’s own it definitely isn’t a brand.

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Rushdi Siddiqui – A Pioneer in Islamic Finance’s Global Prominence

| 03/02/2011 | Reply
Rushdi Siddiqui – A Pioneer in Islamic Finance’s Global Prominence

Rushdi Siddiqui will be speaking at the 6th World Halal Forum in Kuala Lumpur on 4-5 April 2011 on ‘The Tipping Point for Halal and Islamic Finance’.

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Opinion: Islam and Fair Trade

| 01/02/2011 | Reply
Opinion: Islam and Fair Trade

By Suzan El-Ajou | first published on suhaibwebb.com December 31, 2010 1:59 am What are the congruencies between Islamic business ethics and the Fair Trade principles? With one-fifth of the world’s total population identifying themselves as Muslim1, and with the consideration that they are active participants in world markets, it is imperative to include the […]

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Missing Link in Islamic Finance Hubs: Islamic Venture Capital

| 27/01/2011 | Reply
Missing Link in Islamic Finance Hubs: Islamic Venture Capital

The Islamic world profiled modalities of capitalism in 8th/9th century, but today’s Muslim country Islamic finance hubs are missing two vital aspects: addressing ‘have nots’ (micro-finance), and, as highlighted in this article, deploying the funds of ‘haves’ into Islamic Venture Capital funds.

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UK: Halal Statement- For Better Coexistence

| 17/01/2011 | Reply
UK: Halal Statement- For Better Coexistence

The Christian Muslim Forum is the national organization bringing together Christians and Muslims to build better relationships and dialogue with each other, as well as with British society generally.

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USA: Opinion: Food Trends We’d Like To See More (or Less) of in 2011

| 15/01/2011 | 2 Replies
USA: Opinion: Food Trends We’d Like To See More (or Less) of in 2011

The writer would like to see more Halal trucks open for business on the streets of Long Island.

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Opinion: Could the U.S. be Considered an ‘Islamic’ Country?

| 10/01/2011 | Reply
Opinion: Could the U.S. be Considered an ‘Islamic’ Country?

The idea of a checklist of qualities by which we can identify an ‘Islamic’ country doesn’t appear to hold water in the modern world. And this realisation has profound implications for the oft-repeated phrases of Dar al Islam and Dar al Kufr which are still used to shape Muslim thinking about world affairs.

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Opinion: Giving credit where it is due

| 02/01/2011 | Reply
Opinion: Giving credit where it is due

As a follow-up to the Unsung Stars of Islamic Finance article, which received interesting circulation, Rushdi Siddiqui wants to acknowledge their efforts with the inaugural Islamic Finance Agitation Awards.

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Opinion: When Haram Can Become Halal – Part II

| 28/12/2010 | 1 Reply
Opinion: When Haram Can Become Halal – Part II

The second Islamic legal principle that complements my deliberation on istihalah last week is istihlak, or ‘extreme dilution’. Readers must be careful here so as not to confuse the two.

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Opinion: Right track, wrong train?

| 23/12/2010 | Reply
Opinion: Right track, wrong train?

THE year 2010 was a year of “headwinds” for Islamic finance, and Rushdi Siddiqui’s last article of the year is a survey on issues that merit more airplay and public comment. This is not meant to be a scientific survey, but more of dialogue to answer the bigger question: Are we getting closer to where we should be in Islamic finance?

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Opinion: Why ‘Halal Malaysia’?

| 11/12/2010 | Reply
Opinion: Why ‘Halal Malaysia’?

HAVE you ever thought why non-Muslim consumers in other countries choose halal goods while Muslim consumers in Malaysia are sometimes petty about halal certification?

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