Category: Finance & Investment
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.
Malaysia: CIMB, partners eye 5-10pc financing from China halal market
“The CIMB Asean-China Corridor also aims to leverage on the growing trade flow along the existing halal corridor, particularly as China’s halal sector is expected to reach US$2 trillion by 2021.”
China to open halal bio-gelatine manufacturing plant in Melaka
Gansu Amin Bio Halal Gelatine Co Ltd (Aminbio), the largest halal gelatine company in China’s Gansu province is set to open a bio-gelatine manufacturing plant in Melaka.
USA: How The Halal Guys Built a Franchise Empire
The fast casual has become a franchise phenom with the backing of an iconic brand, dedicated fan base, and growing roster of passionate operators.
UK: Birmingham CEO named in Muslim Power 100
The Muslim 100 Power list is compiled by Power 100, the research and analytical arm of The British Publishing Company.
MoU with Tatarstan Investment Development Agency at Kazan Summit 2018
The new MoU will help open up investment opportunities and the potential for sustainable growth of sharia-compliant products and services.
UAE: Blockchain Powered Halal Chain Launched in Dubai
HalalChain, a blockchain based platform specialized in traceability of halal industry products will Revolutionize Halal products’ compliance.
UAE: Al Islami Foods sells minority stake to Mitsubishi Corporation
UAE-based frozen meat halal manufacturer Al Islami Foods has sold a minority stake to Mitsubishi Corporation to drive further growth in the global halal market.
Canada: First new hatchery in more than 30 years to open in Ontario
In addition to the new hatchery, the two companies announce that they are investing $10 million to enhance its halal processing facility.
Central Asia countries to increase exports of halal products
Kyrgyzstan is preparing to launch a pilot project of voluntary certification and labeling of products and services for compliance with halal standards.
Malaysia: Pharmaniaga eyeing north for 1st halal vaccine plant
Pharmaniaga Bhd is looking to build Malaysia’s first halal vaccine plant in the northern region of Peninsular Malaysia.
Malaysia PM sets aside RM1 billion for Halal Development Fund
He added the funds can be used by Bumiputera entrepreneurs, who play a key role in driving the halal industry.
