Category: Finance & Investment

Malaysia: HDC committed to turning Malaysia into a high-income economy

| 08/12/2018 | Reply
Malaysia: HDC committed to turning Malaysia into a high-income economy

The Islamic economy is being embraced globally, so becoming an integral part of the international system and further expanding opportunities for the international community’s participation is essential.

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Putin ratifies interim agreement on EAEU-Iran free trade zone

| 30/11/2018 | Reply
Putin ratifies interim agreement on EAEU-Iran free trade zone

Vladimir Putin has signed a law ratifying a temporary agreement on formation of a free trade zone between the Eurasian Economic Union (EAEU) and the Islamic Republic of Iran.

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Turkey: Erdogan calls on Islamic countries to trade in national currencies

| 30/11/2018 | Reply
Turkey: Erdogan calls on Islamic countries to trade in national currencies

In order to reduce the risks of the international monetary system, dominated by a single currency, Turkey once again called upon the OIC countries to use national currencies in trade.

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Global cooperation ‘can open new doors for Islamic Finance’

| 29/11/2018 | Reply
Global cooperation ‘can open new doors for Islamic Finance’

GCC countries, during the past three decades, have employed the bilateral cooperation as a factor to promote brotherly countries and unite efforts to succeed in the initiatives and plans set in this regard.

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UAE: Calling All Entrepreneurs: Falcon Network launches funding application process

| 29/11/2018 | Reply
UAE: Calling All Entrepreneurs: Falcon Network launches funding application process

The Falcon Network, a pioneering new network of impact-driven angel investors, has today announced its first call for submission for funding for start-ups based in high growth markets.

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Philippines poised to become Asia’s Halal hub to join $3.5 trln market

| 28/11/2018 | Reply
Philippines poised to become Asia’s Halal hub to join $3.5 trln market

Among the incentives include 100% ownership of the business inside the zone and grant of working visas to foreign executives and technicians that are renewable every two years.

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UAE: First Of Its Kind Halal Trade And Marketing Center In Dubai To Help Support Islamic Economy Startups

| 20/11/2018 | Reply
UAE: First Of Its Kind Halal Trade And Marketing Center In Dubai To Help Support Islamic Economy Startups

In the fast growing $252 billion Halal trade market, a clear gap of sales and marketing support needs for the Halal economy companies was identified.

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X8 Crypotocurrency Gets Halal Certification From Islamic Scholars

| 20/11/2018 | Reply
X8 Crypotocurrency Gets Halal Certification From Islamic Scholars

CCN reported Monday that Islamic scholars have certified Swiss financial technology firm X8 for its digital currency as a form of investment for Muslim investors.

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Bahrain: 25th World Islamic Banking Conference

| 13/11/2018 | Reply
Bahrain: 25th World Islamic Banking Conference

The 25th World Islamic Banking Conference (WIBC) will continue in its endeavor of enhancing the performance and quality of key Islamic financial institutions by means of the 4th WIBC Leaderboard.

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State of the Global Islamic Economy Report 2018/19

| 07/11/2018 | Reply
State of the Global Islamic Economy Report 2018/19

Launched at the recent GIES 2018 you can now download your free issue of the State of the Global Islamic Economy Report 2018/19 here. The only Report that gives you the facts and figures for the Halal Industry worldwide, a must have for anyone in the business. Description   The State of the Global Islamic […]

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Malaysia dominates the Islamic economy, but the UAE is hoping to close the gap

| 07/11/2018 | Reply
Malaysia dominates the Islamic economy, but the UAE is hoping to close the gap

Malaysia can lay claim to be the center of the world’s global Islamic economy, but the United Arab Emirates (UAE) is hot on its heels, according to new research.

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UAE: New angel investor group targets impact investments in Muslim countries

| 02/11/2018 | Reply
UAE: New angel investor group targets impact investments in Muslim countries

A new group of 40-plus angel investors have banded together to create The Falcon Network, which is looking to invest in start-ups in the Muslim world.

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UAE: Global Islamic Economy Summit Addresses Industry 4.0, Power Of Blockchain

| 01/11/2018 | Reply
UAE: Global Islamic Economy Summit Addresses Industry 4.0, Power Of Blockchain

Dubai aims to unify the global efforts to promote the Islamic economy and to create an environment in which everyone will work to develop an integrated Islamic economic model.

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UAE: DAFZA and DIEDC launches first of its kind Halal Trade and Marketing Center

| 01/11/2018 | Reply
UAE: DAFZA and DIEDC launches first of its kind Halal Trade and Marketing Center

HTMC is a global business development center focused on the Halal economy opportunities for manufacturers, suppliers, and distributors of Halal economy products and services.

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India’s only Halal beauty brand focuses on domestic expansion after raising $3m in funding

| 03/10/2018 | Reply
India’s only Halal beauty brand focuses on domestic expansion after raising $3m in funding

Iba Halal Care, India’s only Halal-certified cosmetics brand, has raised $3m in Series-A funding to tackle expansion plans in the nation’s burgeoning sector.

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Egyptian Firm Plans Halal Meat factory in Kano

| 30/09/2018 | Reply
Egyptian Firm Plans Halal Meat factory in Kano

The foreign investors have assured that they will retrain and retool the indigenous butchers and use their services in the project.

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Malaysia: CIMB, partners eye 5-10pc financing from China halal market

| 30/09/2018 | Reply
Malaysia: CIMB, partners eye 5-10pc financing from China halal market

“The CIMB Asean-China Corridor also aims to leverage on the growing trade flow along the existing halal corridor, particularly as China’s halal sector is expected to reach US$2 trillion by 2021.”

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China to open halal bio-gelatine manufacturing plant in Melaka

| 21/08/2018 | Reply
China to open halal bio-gelatine manufacturing plant in Melaka

Gansu Amin Bio Halal Gelatine Co Ltd (Aminbio), the largest halal gelatine company in China’s Gansu province is set to open a bio-gelatine manufacturing plant in Melaka.

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USA: How The Halal Guys Built a Franchise Empire

| 03/07/2018 | Reply
USA: How The Halal Guys Built a Franchise Empire

The fast casual has become a franchise phenom with the backing of an iconic brand, dedicated fan base, and growing roster of passionate operators.

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