Category: Finance & Investment
Pakistan: Foreign group offers Sustainable Farming on BOT basis in Karachi
A conglomerate have submitted a proposal that includes a complete integrated Halal farming system in the province of Sindh with a farm-to-fork concept to cater to domestic and global demand of Halal food.
Opinion: Ethics in Business – An Islamic Perspective
Can business ethics truly exist or how does a businessman be ethical in a highly competitive business environment these days?
From Food to Cosmetics, Japan Firms Eye Malaysia’s Halal Industry-SMBC
Japan’s Sumitomo Mitsui Banking Corp (SMBC) is looking to back a push by Japanese firms planning to invest in Malaysia’s Sharia-compliant halal market, an SMBC official said.
Bahrain: 24th World Islamic Banking Conference – 4-6 December 2017
This year the Halal ecosystem and modest fashion are also topics that will be touched upon under the WIBC Islamic Economy Series.
Dubai Will Issue First Ever State Cryptocurrency
The token will be considered legal tender “for various government and non-government services, from their daily coffee and children’s school fee to utility charges and money transfers.”
Halal sausage maker to quadruple production
Turkmenistan halal meat producer Taze Ay plans to increase sausage production by 400% after securing a loan from a London bank investing in small and medium-sized enterprises (SMEs).
UAE: DAFZA, International Center of Islamic Economy Introduce ‘Transformation Forum’
The event will provide a stimulating environment for the development of Shar’iah-compliant products where supervisory bodies and financial institutions can share ideas and ways to drive transformation towards Islamic Finance.
Malaysian Firm to offer Halal certification services to Chinese companies
The company would collaborate with the Johor Religious Islamic Department (Maij) and Malaysia Islamic Development Department (Jakim) in this matter.
UAE: Finocracy adds Ernst & Young heavyweight to accelerate FinTech agenda
A group of prominent investors led by Ashar Nazim have acquired a significant stake in Finocracy. Ashar was formerly senior partner and the global head of Islamic banking practice at EY.
Islamic investment opportunities on the rise between the UAE and the UK
This ambitious vision coincides with the aspirations of the UK and the UAE to increase bilateral trade to Dh120 billion by 2020.
Dubai Food Park to get major Chinese-UAE facility
Dubai Food Park (DFP), the region’s largest specialised food sector zone, will be home to a China-UAE Food Industrial cluster.
Saudi Arabia: The Hajj and the year-round Umrah generate $12bn in revenues from worshippers
Pilgrimage is the backbone of a plan to expand tourism under Crown Prince Mohammed bin Salman’s economic reform programme, to diversify the economy away from oil.
Pakistan exploring new markets for export of meat, dairy products
Efforts are being made for market access in Russia, China, South Africa, Egypt, Hong Kong and Indonesia besides Middle-East countries for meat and meat products.
Sheikh Mohammed bin Rashid Al Maktoum Unveils Blueprint for Dubai Food Park
The Park will be a one-stop destination for government, administrative and logistical services related to food wholesale, import, export and re-export.
Dafza issues guide on Dubai halal industry
Highlighting Halal products in different industries, with numerous financial investment possibilities for international financiers to contribute to improving the Islamic economic climate.
Nigeria out of $2.3tr market for lack of Halal certification agency
Halal Research Council are partnering with Jaiz Foundation on Halal Certification to establish the first Halal certification agency in Nigeria.
USA: Whole Foods stock rockets 28% on $13.7 billion Amazon takeover deal
Mackey will remain CEO of the grocery store chain after the deal closes, and the store will continue to operate under the Whole Foods brand.
Indonesia told to develop Halal industry
“We need to think about a roadmap to develop a halal industry [in Indonesia] that is consistent with the existing National Industry Development Masterplan (RIPIN),” said CORE researcher.
Japan: NH Foods JV makes progress on Malaysia halal hub
Japan’s biggest food manufacturer has chosen Malaysia to be its hub for halal exports, in partnership with a Malaysian chicken major.
Malaysian incubator signs deal to boost China’s halal exports
A Malaysian technology and energy incubator has agreed to collaborate with companies in Hong Kong and China to produce and market halal-certified foods internationally.
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