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Category: Finance & Investment

Pakistan: HAP incorporated in SECP

| 16/04/2014 | Reply
Pakistan:  HAP incorporated in SECP

Halal Products and Services Association of Pakistan has been incorporated in the Securities and Exchange Commission of Pakistan under the Companies Ordinance.

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USA: Rushdi Siddiqui To Lead DinarStandard’s Role In Convergence Of Global Halal Economy

| 14/04/2014 | Reply
USA: Rushdi Siddiqui To Lead DinarStandard’s Role In Convergence Of Global Halal Economy

Rushdi Siddiqui is joining DinarStandard™, specialists in global Islamic economies, as Senior Partner and Global Leader/ Head Islamic Economy.

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Malaysia: HDC plans centres in China, Saudi and Europe

| 11/04/2014 | Reply
Malaysia: HDC plans centres in China, Saudi and Europe

Datuk Seri Jamil Bidin said positive feedback was received from all three countries as they realised the potential of raking in hefty profits.

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UAE: ICD and Emirates Future sign MoU on halal food industry

| 10/04/2014 | Reply
UAE: ICD and Emirates Future sign MoU on halal food industry

ICD and EF would like to establish a strategic partnership in order to strengthen the system of food security in the Islamic World and developing the halal food industry in the world.

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Malaysia: Halal Vaccines to be available in 3 years

| 10/04/2014 | Reply
Malaysia: Halal Vaccines to be available in 3 years

A Saudi corporation has invested $100 million in the Halal Industry Development Corporation to produce halal vaccines for meningitis, hepatitis and meningococcal disease.

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Malaysia should try to penetrate Russia’s Halal food market

| 27/03/2014 | Reply
Malaysia should try to penetrate Russia’s Halal food market

Russia is seeking to build greater business collaboration with both the government and private sector in Malaysia.

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UAE: Islamic finance talent gap to reach 8,000 plus

| 27/03/2014 | Reply
UAE:  Islamic finance talent gap to reach 8,000 plus

Recruiters in the UAE are already seeing a 50 per cent growth in demand for candidates with Islamic finance experience.

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ASEAN links rising but 2015 integration hard

| 25/03/2014 | Reply
ASEAN links rising but 2015 integration hard

Southeast Asia is unlikely to hit a target of integrating its 10 economies by 2015, but the group has much potential to be a trading hub for Asia.

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UAE: Dubai Plans to Set Up World’s First Shariah-Compliant Ex-Im Bank

| 19/03/2014 | Reply
UAE: Dubai Plans to Set Up World’s First Shariah-Compliant Ex-Im Bank

If the project goes ahead, the Exim Bank will work with similar institutions across the globe and international bodies to promote trade with the United Arab Emirates.

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UAE: Dubai Industrial City adds 158 new companies in 2013

| 19/03/2014 | Reply
UAE: Dubai Industrial City adds 158 new companies in 2013

Dubai Industrial City also includes the newly established Halal Cluster to support Dubai’s ambition to become the global capital of the Islamic economy.

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UK: ‘Halal hub’ for Hull?

| 19/03/2014 | Reply
UK:  ‘Halal hub’ for Hull?

A location for the centre has yet to be decided but it could be a major hub for imports into the UK and markets in Europe.

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China: Chinese, Malaysian companies sign cooperative agreements

| 11/03/2014 | Reply
China: Chinese, Malaysian companies sign cooperative agreements

According to statistics, the development of Chinese Halal industries around the world is not so optimistic.

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Opinion: DinarStandard supports Dubai as Islamic Economy Capital

| 10/03/2014 | Reply
Opinion: DinarStandard supports Dubai as Islamic Economy Capital

In an exclusive interview with Rafi-uddin Shikoh, founder and CEO of DinarStandard, we meet the man who established a successful research and advisory firm.

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UAE hypermart chain Lulu to open 10 halal outlets in Malaysia

| 06/03/2014 | Reply
UAE hypermart chain Lulu to open 10 halal outlets in Malaysia

Datuk Seri Najib Razak announced today that United Arab Emirate-based hypermarket Lulu will open up 10 outlets in Malaysia selling only halal products.

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Turkey’s Agribusiness Attracts GCC Investors

| 05/03/2014 | Reply
Turkey’s Agribusiness Attracts GCC Investors

In early December 2013, Dubai-based private equity firm the Abraaj Group acquired an 80% stake in leading Turkish dairy company Yörsan. This was followed in January with news that Bahrain’s Investcorp had purchased a stake in Turkish meat product Namet.

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UAE: Islamic Development Bank will issue Sukuk worth one $1 billion

| 27/02/2014 | Reply
UAE:   Islamic Development Bank will issue Sukuk worth one $1 billion

Shaikh Hamdan emphasised the importance of supporting Dubai’s initiative as the capital of Islamic economy and highlighted IDB’s position as a strategic partner.

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Morocco aims to attract more investment from Gulf states

| 25/02/2014 | Reply
Morocco aims to attract more investment from Gulf states

“Morocco is a platform for Europe, Middle East, Africa and ideally situated as an export platform for the EU market, US East Coast and other markets.”

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Halal sectors should not look to Islamic finance’s laissez faire sharia model

| 18/02/2014 | Reply
Halal sectors should not look to Islamic finance’s laissez faire sharia model

Kuwait Central bank governor points out the systemic weaknesses in Islamic Finance’s supervisory structures, and advises other Halal sectors not to copy them.

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Opinion: Challenges for private equity in Halal industry

| 09/02/2014 | Reply
Opinion: Challenges for private equity in Halal industry

The challenge comes down to integrity risks. We need to start the process of owning the halal-agro-food supply chain.

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Opinion: Welcome to the Halal economy

| 06/02/2014 | Reply
Opinion: Welcome to the Halal economy

Dubai now sees a much larger story unfolding, which goes well beyond the boundaries of mere Islamic banking or finance.

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