Category: Finance & Investment
Qatar partners Malaysia, Turkey to conquer Islamic finance market
Qatar is planning an ambitious new initiative with Malaysia and Turkey to serve the $2 trillion global Islamic finance market from hubs in the three countries using common platforms and technology.
UAE to give $3 billion to Pakistan to boost economy
Pakistani Prime Minister Imran Khan went to twitter to praise the UAE government for “supporting Pakistan so generously in our testing times”.
Groundbreaking Report positions Indonesia as the “Engine of Global Halal Economy”
The Report lists prioritization of 26 sub-sectors with most opportune target markets for Indonesia’s Halal economy producers. You can download it here.
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.
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.
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.
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.
Opinion: SDG 17, SDG 5: Islamic economy needs to play as a team, listen to women
When speaking about Islamic Social Finance Daud Vicary mentions SDG 5: Gender Equality, and says: “It’s not just about women having a voice. It is actually women being listened to.” And SDG17 Partnerships for the Goals.
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.
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.
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.
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.
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.
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 […]
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.
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.
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.
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.
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.
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.
