Category: Islamic Economy
UAE: Global harmonisation of halal certification standards ‘key priority’ for DIEDC in 2018
DIEDC will work with International Halal Accreditation Forum (IHAF)and the Emirates Authority for Standardization and Metrology (ESMA)—to achieve its goal of harmonising Halal certification standards.
UAE: DAFZA’s Strategy for Islamic Economy
DAFZA’s Strategy for Islamic Economy is based on strategic initiatives involving the Islamic economy and halal sectors
UAE, UK keen to explore Islamic finance synergies
London Lord Mayor looks forward to further strengthening the existing relationship and exploring synergies in Islamic finance between the City of London and the DIEDC.
UK: London’s halal economy is primed for global footprint
As the world’s Islamic population continues to grow at a rapid pace, young and wealthy millennials are increasingly demanding consumer products that fit their faith.
Opinion: Global Halal food sector set to boom as market grows
Established players are expanding at home and abroad through franchising and multinationals have also made major investments in Muslim-majority markets.
Hamdan Bin Mohammad honours winners of 5th Islamic Economy award
The winners were felicitated at a special ceremony held under the patronage of His Highness Shaikh Mohammad Bin Rashid Al Maktoum.
UAE leads key sectors in global Islamic economy
The Global Islamic Economy Indicator for this year evaluated the health of the Islamic economy ecosystem across more than 73 countries, based on equally weighted key metric categories.
Opinion: Islamic economy on growth path as consumer demand rises
The Islamic economy is on a robust growth trajectory worldwide, according to the State of the Global Islamic Economy Report 2017-2018.
UAE to sign halal MOU with Philippines before year-end
ESMA in the UAE and Philippines are expected to sign a memorandum of understanding before year end that will create a government agency back home authorized to certify halal products for the Emirates.
Dubai Islamic Economy Development Centre – 5th Islamic Economy Award in November 2017
DIEDC is gearing up to host the fifth Islamic Economy Award on 27 November, 2017 under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum.
UAE: Revamped Islamic Economy strategy 2017-2021 on the cards
The global Fiqh league, to be established in collaboration with the centre’s strategic partners, will be the first international, legally independent non-profit scientific body of its kind in the world.
Malaysia to ramp up initiatives and internationalise Halal concept
Zahid said Malaysia can benefit greatly from the halal industry, which has been identified as a new source of economy via the Islamic Economic Transformation Programme.
Bahrain: 24th World Islamic Banking Conference – 4-6 December 2017
This year the Halal ecosystem and modest fashion are also topics that will be touched upon under the WIBC Islamic Economy Series.
Dubai Exports and Dubai Islamic Economy Development Centre Lead Islamic Economy Trade Mission to Australia
The modern Muslim consumer is very different from that of just a generation ago. They are educated, well connected to the global marketplace, and rely heavily on the internet and social media.
Dubai Will Issue First Ever State Cryptocurrency
The token will be considered legal tender “for various government and non-government services, from their daily coffee and children’s school fee to utility charges and money transfers.”
UAE- ESMA receives 106 requests for Halal accreditation from 49 countries
During the current year, 34 bodies from 17 countries have been accredited in the UAE, making the country a centre for Halal products between the East and West, stated Abdulla Abdul Qader Al Maeeni, Director-General of ESMA.
UAE: DSOA to host Islamic lifestyle mini bootcamp
Designed for ambitious early stage entrepreneurs engaged in Islamic arts and culture, Islamic architecture and design, family-friendly and Halal tourism, as well as digital Islamic economy, entertainment, communication and media.
UAE: DAFZA, International Center of Islamic Economy Introduce ‘Transformation Forum’
The event will provide a stimulating environment for the development of Shar’iah-compliant products where supervisory bodies and financial institutions can share ideas and ways to drive transformation towards Islamic Finance.
Halal Expo Dubai ends on positive note
The 9th Halal Expo Dubai concluded at Roda Al Bustan Hotel on a successful note with majority of the 100 exhibiting companies reporting having brisk business with local and international trade visitors.
UAE: Finocracy adds Ernst & Young heavyweight to accelerate FinTech agenda
A group of prominent investors led by Ashar Nazim have acquired a significant stake in Finocracy. Ashar was formerly senior partner and the global head of Islamic banking practice at EY.
