Category: Finance & Investment

Opinion: Islamic economy on growth path as consumer demand rises

| 28/11/2017 | Reply
Opinion: Islamic economy on growth path as consumer demand rises

The Islamic economy is on a robust growth trajectory worldwide, according to the State of the Global Islamic Economy Report 2017-2018.

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Turkey: Qatar Economy minister calls for joint Islamic market

| 25/11/2017 | Reply
Turkey: Qatar Economy minister calls for joint Islamic market

The minister said that the meeting was taking place at a time of risky geopolitical climate and regional developments that require Islamic countries to unite and enhance trade and investment ties.

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Muslims care more about Halal food than Halal income, says Malaysian minister

| 25/11/2017 | Reply
Muslims care more about Halal food than Halal income, says Malaysian minister

“The concern over halal food and halal labels is paramount. But the similar concerns may not be true when it comes to where the money comes from to buy that halal food,” Dusuki said.

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Bahrain: 24th World Islamic Banking Conference to highlight digital technologies

| 22/11/2017 | Reply
Bahrain: 24th World Islamic Banking Conference to highlight digital technologies

24th World Islamic Banking Conference to highlight how effective leverage ofdigital technologies is paramount to retaining c ompetitive edge.

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Cape Town first-ever Halal Conference leads to $6 million worth of business deals

| 16/11/2017 | Reply
Cape Town first-ever Halal Conference leads to $6 million worth of business deals

This will assist in the long-term vision of establishing Cape Town as the Halal Hub for Africa that will include opportunities for trade, tourism and investment in the Western Cape.

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Istanbul gets ready for World Halal Summit, Halal Expo

| 14/11/2017 | Reply
Istanbul gets ready for World Halal Summit, Halal Expo

Conferences and workshops titled “Islamic Finance”, “Halal Food Industry”, “Islamic Tourism”, “Hajj and Umrah”, “Halal Medicine, Pharma and Chemistry”, “Islamic Life and Halal Textile” will be held in the expo.

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Pakistan: Malaysia to set up Halal food industry at Ghazi, Haripur

| 03/11/2017 | Reply
Pakistan: Malaysia to set up Halal food industry at Ghazi, Haripur

Malaysia will establish Halal food industry at Ghazi, Haripur and in this regard an agreement was also signed with Canada.

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UAE based Halal food company begins manufacturing in Brunei

| 02/11/2017 | Reply
UAE based Halal food company begins manufacturing in Brunei

Saahtain Group officially launched its Bruneian subsidiary Saahtain Asia Sdn Bhd, which manufactures Halal ready-to-eat meals at their newly operational facility at the Salambigar Industrial Park for export.

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UAE: New factory to deliver boost to UAE’s halal food production

| 01/11/2017 | Reply
UAE: New factory to deliver boost to UAE’s halal food production

Al Islami Foods has announced the opening of its largest factory in Hamriyah Free Zone, Sharjah which it expected to deliver a major boost to the production of halal food in the region.

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USA: Wahed raises $7 million for Halal-based investment platform

| 01/11/2017 | Reply
USA: Wahed raises $7 million for Halal-based investment platform

This will enable more people to put their money in Halal-compliant investments, or those that are permissible under traditional Islamic law.

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Bahrain: 24th World Islamic Banking Conference announces 3rd Series of WIBC Leaderboard

| 01/11/2017 | Reply
Bahrain: 24th World Islamic Banking Conference announces 3rd Series of WIBC Leaderboard

24th World Islamic Banking Conference announces 3rd Series of WIBC Leaderboard to promote and foster global Islamic Banking.

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UK: Failing to tap into Muslim consumer potential costing billions, new research reveals

| 27/10/2017 | Reply
UK: Failing to tap into Muslim consumer potential costing billions, new research reveals

‘Tapping into the Muslim consumer potential’ will be officially launched by Martjin Lampert, research director of the Netherlands based Glocalities, this weekend at the Muslim Lifestyle Expo 2017 (MLE2017) in Manchester.

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Bahrain: World Islamic Banking Conference announces record 24th edition in strategic partnership with the Central Bank of Bahrain

| 26/10/2017 | Reply
Bahrain: World Islamic Banking Conference announces record 24th edition in strategic partnership with the Central Bank of Bahrain

WIBC, the largest and most prestigious gathering of Islamic banking and finance leaders in the world, is being held on December 4th, 5th & 6th in the Kingdom of Bahrain.

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Turkey and Qatar: Behind the strategic alliance

| 26/10/2017 | Reply
Turkey and Qatar: Behind the strategic alliance

The third meeting of Turkey-Qatar Supreme Strategic Committee kicked off in Istanbul on Tuesday.

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Saudi Arabia just announced plans to build a $500 billion mega-city

| 26/10/2017 | Reply
Saudi Arabia just announced plans to build a $500 billion mega-city

The business and industrial-focused city will span 10,230 square miles. To put that size in perspective, 10,230 square miles is more than 33 times the land area of New York City.

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Dubai Exports and DIEDC Seek New Zealand’s Partnership in Building Halal Hub

| 24/10/2017 | Reply
Dubai Exports and DIEDC Seek New Zealand’s Partnership in Building Halal Hub

With a low population and a food-export-driven economy, New Zealand is viewed as a major market and potential partner in channelling trade through Dubai.

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Saudi Arabia: Blockchain Platform for Islamic Finance

| 20/10/2017 | Reply
Saudi Arabia: Blockchain Platform for Islamic Finance

The Saudi Arabian Islamic Development Bank (IDB) has put its researchers on the task of developing blockchain-based products.

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Qatar investments expand in Turkey following Arab boycott

| 20/10/2017 | Reply
Qatar investments expand in Turkey following Arab boycott

Qatar is believed to be doubling its investments in Turkey in 2018 to amount to $20 billion by injecting new investments worth $19 billion; in addition to the existing $18 billion investments in various fields.

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UAE: Revamped Islamic Economy strategy 2017-2021 on the cards

| 18/10/2017 | Reply
UAE: Revamped Islamic Economy strategy 2017-2021 on the cards

The global Fiqh league, to be established in collaboration with the centre’s strategic partners, will be the first international, legally independent non-profit scientific body of its kind in the world.

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Malaysia to ramp up initiatives and internationalise Halal concept

| 17/10/2017 | Reply
Malaysia to ramp up initiatives and internationalise Halal concept

Zahid said Malaysia can benefit greatly from the halal industry, which has been identified as a new source of economy via the Islamic Economic Transformation Programme.

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