Category: Digital Economy

Malaysia: CIMB Wants A Bigger Bite Of Singapore SME Banking Share

| 03/11/2019
Malaysia: CIMB Wants A Bigger Bite Of Singapore SME Banking Share

China’s halal sector is expected to reach $1.9 trillion by 2021, and there is a potential customer base of 266 million in ASEAN and China.

Read More

Wahed Invest Launches in Malaysia

| 31/10/2019
Wahed Invest Launches in Malaysia

Wahed Invest announced the launch of Malaysia’s first Islamic digital investment platform.

Read More

UAE: Has Amazon’s rebrand of Souq in the UAE been a success?

| 05/10/2019
UAE: Has Amazon’s rebrand of Souq in the UAE been a success?

Nearly two years after Amazon purchased regional e-commerce site Souq.com for $580 million, the US tech giant officially launched in the UAE as Amazon.ae in May. 

Read More

Indonesia 4.0: Food industry tech and innovation to play ‘huge’ role in country

| 23/09/2019
Indonesia 4.0: Food industry tech and innovation to play ‘huge’ role in country

The F&B industry will be a key driver of the country’s economic development, especially in terms of processed food and beverage products.

Read More

UK: The Ummah app has been making waves around the globe

| 16/08/2019
UK: The Ummah app has been making waves around the globe

The app designed “for Muslims by Muslims” includes prayer times, Islamic quotes, reminders, faith-based daily passages, a halal food finder and social messaging.

Read More

Interview: Will new halal B2B online marketplace OneAgrix succeed where DagangHalal, Zilzar failed?

| 12/07/2019 | Reply
Interview: Will new halal B2B online marketplace OneAgrix succeed where DagangHalal, Zilzar failed?

OneAgrix is now pouncing on what it believes is a big market gap to serve the cross-border trade of halal products.

Read More

Trace Labs Launches OneAgrix Blockchain Project To Track Halal Products

| 03/07/2019 | Reply
Trace Labs Launches OneAgrix Blockchain Project To Track Halal Products

Diana Sabrain, the founder of OneAgrix, is revealing that OneAgrix has partnered with Trace Labs, a Hong Kong tech startup, which is offering the OriginTrail protocol power the Blockchain project.

Read More

UK: Salam Planet Acquires Halal Dining Club

| 07/05/2019 | Reply
UK: Salam Planet Acquires Halal Dining Club

Salam Planet is an important step forward for Halal Dining Club to create a broader lifestyle app for Muslims aligns perfectly with their own expansion model.

Read More

Malaysia: Cosmetics firm among first to join global halal blockchain registry

| 06/05/2019 | Reply
Malaysia: Cosmetics firm among first to join global halal blockchain registry

Halal Street The Halal Digital Chain aims to create an integrated and secure digital halal ecosystem to inform consumers if a product has been certified in other countries, and what that certification entails. The blockchain ledger database is expected to seamlessly connect components throughout the halal value chain. “It will allow Malaysia’s halal industry to […]

Read More

Saudi Arabia launches initiative to attract international VCs

| 27/04/2019 | Reply
Saudi Arabia launches initiative to attract international VCs

The platform called ‘Venture’ is run by the Saudi Arabian General Investment Authority (SAGIA), to promote Saudi Arabia as a “future-ready investment destination”.

Read More

Indonesia to launch Sharia Economy Masterplan in May

| 26/04/2019 | Reply
Indonesia to launch Sharia Economy Masterplan in May

The draft stresses the importance of optimizing the use of the digital economy in the form of e-commerce, marketplaces and financial technology.

Read More

Opinion: Economy 4.0 is here to stay

| 24/04/2019 | Reply
Opinion: Economy 4.0 is here to stay

There is a race between countries and companies to provide platforms and create ecosystems to benefit from this innovation. These new technologies are disruptive and will change every aspect of our lives.

Read More

Malaysia, Indonesia rivalry heats up

| 20/04/2019 | Reply
Malaysia, Indonesia rivalry heats up

The Muslim travel market has undergone significant changes in recent years. The industry’s digital and technological transformation means it is now firmly in Halal Travel 2.0.

Read More

Singapore: How this startup uses blockchain to simplify the Halal certification process

| 20/04/2019 | Reply
Singapore: How this startup uses blockchain to simplify the Halal certification process

The platform will show to companies if they are able to undergo the audit process by themselves, or if they would need a consultant in doing it.

Read More

SDGs: Goals of ending poverty, inequality doomed without financial fix, U.N. says

| 05/04/2019 | Reply
SDGs: Goals of ending poverty, inequality doomed without financial fix, U.N. says

Marketplaces for industries such as digital technology must not be concentrated in only a few parts of the world because tight control can depress competition and stagnate wages, said Navid Hanif.

Read More

Malaysia: Conference presents Strategic Direction for the Halal Economy

| 03/04/2019 | Reply
Malaysia: Conference presents Strategic Direction for the Halal Economy

The 11th World Halal Conference (WHC) 2019 held in Kuala Lumpur, facilitated discussions on the ever-growing need for the industry to reflect on its existing strengths; and to build new capabilities.

Read More

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.”

Read More

Research: Leveraging Blockchain Technology for Halal Supply Chains

| 04/02/2019 | Reply
Research: Leveraging Blockchain Technology for Halal Supply Chains

Halal supply chains are vulnerable due to their credence quality attributes, importance of maintaining halal integrity throughout the supply chain.

Read More

Blockchain Powered Halal Chain Launched in Dubai and Indonesia

| 21/05/2018 | Reply
Blockchain Powered Halal Chain Launched in Dubai and Indonesia

HalalChain, a blockchain based platform specialized in the traceability of halal industry products, was launched at the Dubai Airport Freezone (DAFZA).

Read More

Opinion: Islam and cryptocurrency, halal or not halal?

| 10/04/2018 | Reply
Opinion: Islam and cryptocurrency, halal or not halal?

The speculative nature of cryptocurrencies has triggered debate among Islamic scholars over whether cryptocurrencies are religiously permissible.

Read More

Pin It on Pinterest