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Category: Islamic Economy

UAE: Global Launch of the State of the Islamic Economy Report 2019/20

| 11/11/2019
UAE: Global Launch of the State of the Islamic Economy Report 2019/20

DinarStandard said halal products attracted the lion’s share of investments, accounting for 54% of deal value, followed by Islamic finance at 42% and 4% in Islamic lifestyle, mainly in modest fashion and Muslim-friendly tourism.

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UAE: IHAF welcomes 6 new countries as members

| 10/11/2019
UAE: IHAF welcomes 6 new countries as members

The IHAF has also set the next assembly for the BOD and committees to meet alongside the Global Halal Platform on 18th February, 2020, in conjunction with Gulf Food week in Dubai.

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UAE: GIES 2020 to be held under Expo 2020 Dubai umbrella

| 06/11/2019
UAE: GIES 2020 to be held under Expo 2020 Dubai umbrella

The fifth edition of the Global Islamic Economy Summit (GIES 2020) is set to run from November 9-10, 2020, and will take place on the sidelines of Expo 2020, in Dubai.

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UAE: ESMA carries out a GCC training workshop on halal certification requirements

| 04/10/2019
UAE: ESMA carries out a GCC training workshop on halal certification requirements

The three-day training course, held in cooperation with the Gulf Training Center, was held with the participation of a number of representatives and standardization bodies in the Gulf Cooperation Council.

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UAE: Dubai Islamic Economy Development Centre tracks progress of its 2017-2020 Strategy

| 04/10/2019
UAE: Dubai Islamic Economy Development Centre tracks progress of its 2017-2020 Strategy

Dinar Standard plans to launch the updated version of Salaam Gateway this October in partnership with the DIEDC.

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Opinion: Natural Allies – Halal Food and Islamic Finance

| 08/09/2019
Opinion: Natural Allies – Halal Food and Islamic Finance

This article was originally written for The Halal Journal Magazine, published in Malaysia by KasehDia, in October 2006, by the late Hajj Abdalhamid David Evans. Have things changed??

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U.S. PE firm Frost Capital acquires Affinis Labs in $8 mln deal

| 07/09/2019
U.S. PE firm Frost Capital acquires Affinis Labs in $8 mln deal

The two companies said in a statement that the acquisition will enable Affinis Labs to “extend its offerings to disadvantaged communities and new regional markets around the world”.

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UAE: Emirates Islamic signs new scheme for SMEs

| 02/07/2019 | Reply
UAE: Emirates Islamic signs new scheme for SMEs

EDB’s Dh100 million Credit Guarantee Scheme supports the goals of the National Agenda under UAE Vision 2021.

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UAE: Dubai Islamic Economy Development Centre expands European reach

| 22/05/2019 | Reply
UAE: Dubai Islamic Economy Development Centre expands European reach

A roundtable in Malta has provided Dubai Islamic Economy Development Centre an opportunity to expand the footprint of Islamic economy in Europe.

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UAE: Dubai Islamic Economy Development Centre Expands Footprint to Far East

| 17/04/2019 | Reply
UAE: Dubai Islamic Economy Development Centre Expands Footprint to Far East

Abdulla Mohammed Al Awar, CEO of DIEDC, and Raymond Yip, Deputy Executive Director of HKTDC, signed the agreement during an official visit.

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UAE: Dubai Islamic Economy Development Centre Approves Action Plan for 2019

| 02/04/2019 | Reply
UAE: Dubai Islamic Economy Development Centre Approves Action Plan for 2019

The Minister of Economy stressed that the action plans of the DIEDC Strategy are witnessing remarkable progress, due to the strong collaboration.

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Indonesia tries to snare share of $3trln Sharia market with mandatory Halal certification

| 26/03/2019 | Reply
Indonesia tries to snare share of $3trln Sharia market with mandatory Halal certification

By Stella-maris Ewudolu – aecnewstoday.com With almost 269 million people, Indonesia is the world’s most Muslim populated country. However, when it comes to cashing in on the global halal industry it ranks 10th, alongside Brunei, for its ability to seize opportunities in the Islamic economy. All that could soon change. Both President Joko Widodo and […]

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Malaysia: World Halal Conference 2019 – Fostering a Robust Halal Economy

| 26/03/2019 | Reply
Malaysia: World Halal Conference 2019 – Fostering a Robust Halal Economy

The 11th Edition of the World Halal Conference aims to foster a robust Halal Economy through global integration and ethical practice.

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Qatar Chamber to host Halal Conference & Expo in 2020

| 08/03/2019 | Reply
Qatar Chamber to host Halal Conference & Expo in 2020

This was lauded by representatives of the Islamic chambers participating in the Cairo meeting. They suggested that the event should be held in early 2020.

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Halal Market: Investment in an emerging sector

| 04/03/2019 | Reply
Halal Market: Investment in an emerging sector

Multinational companies (MNCs) have long realized the huge potential of Halal sector and the entire parallel economy that can be built through Halal businesses.

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Malaysia: China’s participation in MIHAS 2019 not affected by US-China trade war

| 03/03/2019 | Reply
Malaysia: China’s participation in MIHAS 2019 not affected by US-China trade war

Malaysia could provide an alternative to the Chinese importers affected by the 25 per cent tariffs imposed by the US.

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Opinion: Muslims, the world’s last great untapped market

| 02/03/2019 | Reply
Opinion: Muslims, the world’s last great untapped market

From halal mozzarella to smart hijabs, faith-driven consumers are demanding products that dovetail with their modern lifestyles. A look at where the market is headed – and when

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UAE launches integrated ‘Arab system’ for mutual recognition of halal certificates

| 25/02/2019 | Reply
UAE launches integrated ‘Arab system’ for mutual recognition of halal certificates

“The first Arab halal system will include mutual recognition of halal certificates and easing the trade movement between our Arab countries and the world.”

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Malaysia: Global Halal Summit: Kuala Lumpur 1 – 6 April 2019

| 21/02/2019 | Reply
Malaysia: Global Halal Summit: Kuala Lumpur 1 – 6 April 2019

Introduced this year, the Global Halal Summit (GHaS) is a rebrand of the World Halal Week. 6 Programmes catering to different target audiences.

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UAE: Dubai Industrial Park Launches a Report Exploring Global Food Trends up to 2030

| 20/02/2019 | Reply
UAE: Dubai Industrial Park Launches a Report Exploring Global Food Trends up to 2030

It identifies 20 global agri-food trends indicating the planet’s prospects for the future, and how this relates to the GCC, from the manufacturing stage to the supply chain.

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