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Category: Finance & Investment

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.

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Indonesia Halal Economy and Strategy Roadmap 2018/2019 Launched!

| 05/04/2019 | Reply
Indonesia Halal Economy and Strategy Roadmap 2018/2019 Launched!

With the largest Muslim population in the world, Indonesia aims to be the Engine of the Global Halal Economy. They have produced with DinarStandard their Halal Economy & Strategy Roadmap.

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Saudi Arabia eager to tap into $2.1trn global market for halal products

| 05/04/2019 | Reply
Saudi Arabia eager to tap into $2.1trn global market for halal products

The Kingdom, along with other Middle Eastern countries, is looking to develop business links with Malaysia which has become one of the world leaders in the halal industry.

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Malaysia: Halal Cluster Network with Halal clusters in Indonesia, Malaysia, and Spain

| 04/04/2019 | Reply
Malaysia: Halal Cluster Network with Halal clusters in Indonesia, Malaysia, and Spain

First MOUs signed for groundbreaking collaboration under the Halal Cluster Network with halal clusters in Indonesia, Malaysia, and Spain during MIHAS.

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Malaysia: Islamic finance should be the next step for Halal Trade sector

| 04/04/2019 | Reply
Malaysia: Islamic finance should be the next step for Halal Trade sector

World Halal Conference discussed the industry’s needs and build new capabilities. Ensuring that Islamic finance is complied with should be the next step forward for the Halal trade industry.

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Malaysia to enhance halal certification system in push towards global hub

| 04/04/2019 | Reply
Malaysia to enhance halal certification system in push towards global hub

Wan Azizah highlighted that the academy has led to the introduction of a halal journal, a compendium of international researches within the halal supply chain in the relevant industries.

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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.

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Sustainable business is good business: Creating financial tipping points for the Global Goals

| 03/04/2019 | Reply
Sustainable business is good business: Creating financial tipping points for the Global Goals

Almost four years into the 2030 Agenda for Sustainable Development, it is clear that the actions we are taking are not transformational enough, nor at the scale and pace needed.

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Dubai: Sarwa launches Halal, SRI portfolios

| 02/04/2019 | Reply
Dubai: Sarwa launches Halal, SRI portfolios

Dubai-based startup Sarwa has launched its Halal and Socially Responsible Investing (SRI) portfolios and has lowered the minimum to open up an account to $500.

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Indonesia Wants to be the Leader of the World’s Halal Industry

| 25/03/2019 | Reply
Indonesia Wants to be the Leader of the World’s Halal Industry

Tired of being the world’s largest halal products consumer, Indonesia now wants to be the top producer of shariah-compliant goods.

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Opinion: Opportunities in the Halal Economy

| 24/03/2019 | Reply
Opinion: Opportunities in the Halal Economy

“Despite the current size of Muslim consumer market, investments in companies that cater for this population — especially smaller, high-growth ones — are scarce, the market is fragmented,” says Thomas Tsao, managing partner, Gobi Partners

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Pakistan: Deals for ‘big projects’ during Mahathir’s Pakistan visit

| 23/03/2019 | Reply
Pakistan: Deals for ‘big projects’ during Mahathir’s Pakistan visit

PM Khan said he admired Dr Mahathir for his stand against corruption.”We actually believe that countries are not poor, corruption makes them poor. Corruption destroys state institutions,” he said.

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UAE and Uzbekistan explore trade, investment partnership prospects

| 15/03/2019 | Reply
UAE and Uzbekistan explore trade, investment partnership prospects

As part of the Committee’s agenda, both countries agreed to enhance economic, trade and technical cooperation based on a number of policies and programmes.

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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: SimplySiti eyes 50% sales growth on higher exports

| 27/02/2019 | Reply
Malaysia: SimplySiti eyes 50% sales growth on higher exports

SimplySiti Sdn Bhd aims a 50% year-on-year (YoY) sales growth as it looks to expand its presence in the region, beginning with Indonesia by the second half of the year (2H19).

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Malaysia: CIMB Islamic aims to help local halal players scale globally

| 26/02/2019 | Reply
Malaysia: CIMB Islamic aims to help local halal players scale globally

The bank today announced that it has partnered with local cosmetic company SimplySiti Sdn Bhd to expand its halal beauty care business beyond Malaysia.

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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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Making Indonesia a hub of global Halal economy

| 19/02/2019 | Reply
Making Indonesia a hub of global Halal economy

Indonesian Presidential candidate Prabowo Subianto and his running mate, Sandiaga Uno, have pledged to make Indonesia the fifth biggest halal economy in the world.

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Brunei’s halal industry can spur economic diversification, says think tank

| 16/02/2019 | Reply
Brunei’s halal industry can spur economic diversification, says think tank

Around 60 percent of Brunei’s economy is covered by its oil industry, and the sultanate has been trying to reduce its reliance on petroleum for years.

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USA: Muslim Consumer Lifestyle Brand Haute Hijab Raises $2.3 Million

| 13/02/2019 | Reply
USA: Muslim Consumer Lifestyle Brand Haute Hijab Raises $2.3 Million

With this funding round, Haute Hijab is going to accelerate growth and extend its competitive lead worldwide.

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