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Category: Asia

Indonesia encourages sharia economy to boost SMEs

| 07/12/2019
Indonesia encourages sharia economy to boost SMEs

Indonesian Vice President Ma’ruf Amin discusses a wide range of topics – domestic, international, and economic – and said that his country plans to pay more attention to Halal tourism.

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Indonesia: Social commerce startup Evermos brings Halal products into Indonesia, grabs US$8.25M Series

| 06/12/2019
Indonesia: Social commerce startup Evermos brings Halal products into Indonesia, grabs US$8.25M Series

The startup plans to use the funds to expand its presence in the digital Islamic economy ecosystem, accelerate growth by focusing on further collaborations with local brands and organisations.

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IHAB strengthens Malaysia’s position as halal leader

| 05/12/2019
IHAB strengthens Malaysia’s position as halal leader

The establishment of the International Halal Authority Board (IHAB) confirmed the position of Malaysia as a global halal leader through the recognition of the authorities and halal certification bodies abroad.

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Halal consumer market will hit $2.5 trillion globally in 2020, AT Kearney reports

| 04/12/2019
Halal consumer market will hit $2.5 trillion globally in 2020, AT Kearney reports

The firm’s Global Business Policy Council, which conducted the analysis, found that spending on halal products and services is set to almost double globally by 2023.

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Turkey, Malaysia, Qatar can pioneer in Islamic Finance

| 04/12/2019
Turkey, Malaysia, Qatar can pioneer in Islamic Finance

Touching on Turkey’s Istanbul Finance Center project, expected to be completed in 2022, Al-Jaida expressed optimism in the center’s potential.

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JTB, Singapore firm ink deal to promote halal certification in Japan

| 02/12/2019
JTB, Singapore firm ink deal to promote halal certification in Japan

The agreement aims to facilitate the growth and development of the halal food and travel industry in Japan, boost the export of halal products to and from Japan, and improve the experience of Muslim tourists in Japan.

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Malaysia: CIMB Islamic provides RM100m financing for SMEs to achieve halal status

| 28/11/2019
Malaysia: CIMB Islamic provides RM100m financing for SMEs to achieve halal status

HalalBizReady is part of CIMB’s refreshed SME proposition’s suite of solutions that comprises three main pillars including SME Transact, SME Financing and collaborations via industry SME Partners.

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UAE: DIEDC expands network of strategic partners in Indonesia

| 27/11/2019
UAE: DIEDC expands network of strategic partners in Indonesia

Dubai Islamic Economy Development Centre (DIEDC) signed two Memorandums of Understanding (MoU) with Indonesia Halal Lifestyle Center (IHLC) and the National Islamic Finance Committee (KNKS).

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Indonesia: Great confusion over Indonesia’s halal laws

| 26/11/2019
Indonesia: Great confusion over Indonesia’s halal laws

The transition to halal certification has not gone as well as expected. Observers said regulation and implementation still face problems that could potentially create commotion among the public.

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Indonesia taps into Muslim tourist market with Shariah hotels

| 26/11/2019
Indonesia taps into Muslim tourist market with Shariah hotels

Shariah-compliant accommodation is not new in Indonesia. The Sofyan Hotel chain in Jakarta has implemented the concept in its two properties since 1992 by removing nightclubs, bars and alcoholic drinks from its facilities. 

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Malaysia: Mujahid urges MACC to probe Jakim’s halal certification dept

| 26/11/2019
Malaysia: Mujahid urges MACC to probe Jakim’s halal certification dept

Mujahid said while the allegations were unsubstantiated, they were still bad because they could damage the image of Jakim’s halal certification, which is reputed to be the best in the world.

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USA: To halal or not to halal?

| 25/11/2019
USA: To halal or not to halal?

 Interview with Dr. Muhammad Munir Chaudry, IFANCA President and CEO of IFANCA to discuss the current status and the future of the halal economy.

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Malaysia: MIHAS 2020 to Drive Malaysia’s Sustainability Agenda among Businesses

| 25/11/2019
Malaysia: MIHAS 2020 to Drive Malaysia’s Sustainability Agenda among Businesses

KUALA LUMPUR: World’s largest halal trade fair, the Malaysia International Halal Showcase (MIHAS) 2020, is set to host Malaysian and global Halal-based businesses at its 17th edition from 1 to 4 April 2020. In this edition, MIHAS will be facilitating the promotion of sustainability practices among Halal-based industry players. Themed as “Expand Your Halal Horizon”, […]

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Indonesia: Indonesia Expo in Qatar winds up with fruitful debut

| 23/11/2019
Indonesia: Indonesia Expo in Qatar winds up with fruitful debut

The Indonesian Ambassador bore witness to the inking of 15 agreements on business transactions worth over US$100 million in terms of commitment for the trading of products, investment, and partnership.

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Malaysia: Matrade targets 5pc increase in sales at Mihas 2020

| 22/11/2019
Malaysia: Matrade targets 5pc increase in sales at Mihas 2020

The number of exhibitors at Mihas 2020 is expected to increase to 1,300 from 928 at Mihas 2019, while the number of buyers is set to double to 400.

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Turkey: World Halal Summit & 7th OIC Halal Expo – 28 Nov – 1 Dec 2019 in Istanbul

| 19/11/2019
Turkey: World Halal Summit & 7th OIC Halal Expo – 28 Nov – 1 Dec 2019 in Istanbul

World Halal Summit 2019 and 7th Organization of Islamic Cooperation (OIC) Halal Expo being held at Eurasia Show and Art Center, new exhibition area of Istanbul between 28 Nov-1 Dec 2018 in Istanbul, Turkey.

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Indonesia: Moderland Develop Halal Project with Barakah Taiwan Halal Hub, Local Sharia Bank

| 17/11/2019
Indonesia: Moderland Develop Halal Project with Barakah Taiwan Halal Hub, Local Sharia Bank

The four local banks, namely PT Bank Mandiri Syariah, PT BRI Syariah, PT BNI Syariah and PT Bank Muamalat Indonesia prepared funds Rp2.1 trillion (US$150 million) to develop the areas.

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Opinion: Halal B2B Marketplace Combats Food Fraud With Blockchain Technology

| 14/11/2019
Opinion: Halal B2B Marketplace Combats Food Fraud With Blockchain Technology

Knowing where your food comes from, and whether is it really Halal, are issues that more and more people are concerned with.

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Singapore: The new M&S range destined for Asia

| 12/11/2019
Singapore: The new M&S range destined for Asia

The firm’s franchise partner in Singapore, Hong Kong and Dubai, Al-Futtaim, has confirmed it will offer the M&S halal range in its markets, although it is unclear if the arrangement will include Hong Kong.

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India: India International Halal Expo 2020

| 11/11/2019
India: India International Halal Expo 2020

Opportunity to be part of New Trends at India International Halal Expo being held at HITEX, Hydrabad on the 18-20 January 2020 Interview with the Director & CEO, ATOBA, Mr Muazzam Naik .

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