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UAE: Dubai focuses on Islamic finance as part of its economic diversification strategy

| 04/09/2013 | Reply
UAE: Dubai focuses on Islamic finance as part of its economic diversification strategy

Plans to establish Dubai’s credentials as a centre for Islamic finance took a step forward in July with the opening of a new academic institution to train professionals for employment in the sector.

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Pakistan: Halal products certification laws to be finalised soon

| 31/08/2013 | Reply
Pakistan: Halal products certification laws to be finalised soon

Draft laws on Halal product certification have been prepared by Halal Development Agency working under Justice Khalilur Rehman and will take another 20 to 30 days to get final shape.

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UAE: Emirates Mulls Sukuk for $4.5 Billion in Planes

| 29/08/2013 | Reply
UAE: Emirates Mulls Sukuk for $4.5 Billion in Planes

Emirates, the world’s biggest airline by international passenger traffic, is considering the sale of Islamic bonds as it seeks to raise $4.5 billion in the financial year starting April 2014 to pay for planes.

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Opinion: ‘Halal hotels’ lure Turks, not Arabs

| 29/08/2013 | Reply
Opinion:  ‘Halal hotels’ lure Turks, not Arabs

Turkey’s ‘Muslim-friendly’ or ‘halal’ hotels that offer visitors an alcohol-free environment along with separate swimming pools for women and men are drawing Turkish tourists, not Arabs, say sector players.

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UAE: Dubai Islamic Bank becomes first Islamic bank to issue Visa Signature Cards

| 28/08/2013 | Reply
UAE: Dubai Islamic Bank becomes first Islamic bank to issue Visa Signature Cards

Dubai Islamic Bank (DIB) has announced that it will be the first Islamic bank in Central Europe, Middle East & Africa (CE.MEA) to issue all of its priority and premier customers with Visa Signature Debit Cards.

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UAE: Abu Dhabi intensifies efforts to increase locally sourced meat in the market

| 26/08/2013 | Reply
UAE: Abu Dhabi intensifies efforts to increase locally sourced meat in the market

The authority, which is responsible for agriculture and animal welfare, as well as food safety in the emirate, has started an awareness campaign among livestock owners to improve their animals’ health.

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Malaysia: 4th Global Entrepreneurship Summit, 11-12 October, Kuala Lumpur

| 26/08/2013 | Reply
Malaysia: 4th Global Entrepreneurship Summit, 11-12 October, Kuala Lumpur

GES was launched as a global platform “to empower entrepreneurs with the skills and resources necessary to compete and thrive in the 21st century”.

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Opinion: TED Talks OIC

| 25/08/2013 | Reply
Opinion: TED Talks OIC

The Muslim world is not in need of ideas, as there are many brilliant Muslims, young, old, men and women all included. What is needed is a neutral platform that sparks ideas into viable plans.

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UAE: Bachelor degree in Islamic banking and finance

| 25/08/2013 | Reply
UAE: Bachelor degree in Islamic banking and finance

With the Islamic finance industry growing rapidly in recent years, a bachelors degree in Islamic banking and finance programme has been inaugurated by Al Khawarizimi International College.

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Opinion: A Big Question Mark on Islamic Finance Industry

| 25/08/2013 | Reply
Opinion: A Big Question Mark on Islamic Finance Industry

Commercialism has captured Islamic Finance institutions in such a way that business with, and financing to, the poor has gone astray from their agenda.

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USA: First halal festival draws crowd of 10,000

| 23/08/2013 | Reply
USA: First halal festival draws crowd of 10,000

Patrons stood in the lines so full that newcomers had a hard time finding the end of them at California’s first Halal Food and Eid Festival. Around 300,000 Muslims live in the San Francisco Bay Area.

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USA: Halal Food Festival in New Jersey draws thousands

| 22/08/2013 | Reply
USA: Halal Food Festival in New Jersey draws thousands

Around 5,000 people came to Rowland Park on Saturday to enjoy the second annual Halal Food Festival and to taste a variety of ethnic dishes from around the world.

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Russia: “Risalat Holding” Company will take active part in EURO-ASIA EXPO 2013

| 22/08/2013 | Reply
Russia: “Risalat Holding” Company will take active part in EURO-ASIA EXPO 2013

Representatives of “Risalat Holding” are interested in Halal production promotion on the market of Tatarstan.

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Pakistan: LCCI conference on ‘Halal Food Export’ on September 9

| 22/08/2013 | Reply
Pakistan: LCCI conference on ‘Halal Food Export’ on September 9

Lahore Chamber of Commerce and Industry (LCCI) is to organise a conference on ‘Halal Food Export’ on September 9, to discuss the potential of exports of Halal food products from Pakistan.

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Thailand: Chulalongkorn introduces “Halal Thailand” application

| 21/08/2013 | Reply
Thailand:  Chulalongkorn introduces “Halal Thailand” application

The application is available on Android and iOS devices and can be activated by a barcode scanning system for QR codes or by putting in the Halal number into the system.

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UAE: OIC Halal Middle East Exhibition and Congress

| 20/08/2013 | Reply
UAE: OIC Halal Middle East Exhibition and Congress

The second OIC Halal Middle East Exhibition and Congress to highlight opportunities for global Islamic finance industry. The value of Shariah-compliant assets has more than doubled in the last six years alone.

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Opinion: Muslims may eat a Halal burger, but remain unable to invest in one

| 18/08/2013 | Reply
Opinion: Muslims may eat a Halal burger, but remain unable to invest in one

In fact, ninety five per cent of the Muslim world does not have access to Islamic finance. And they don’t seem to mind.

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UAE: Amaf to position Dubai as the centre of the Halal market

| 17/08/2013 | Reply
UAE: Amaf to position Dubai as the centre of the Halal market

Awqaf and Minors Affairs Foundation(Amaf) intends to build a business model to position Dubai as a hub for the rapidly growing Islamic Halal market as part of its strategic plan for 2013-2016.

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Malaysia investment drive near Thai border

| 16/08/2013 | Reply
Malaysia investment drive near Thai border

Malaysia has bold plans to set up business and logistics centres on the border with southern Thailand, just across from Songkhla province, and they will be in direct competition with lagging Thai development in the southern region.

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UAE: Abu Dhabi to host Summit on the Global Agenda

| 15/08/2013 | Reply
UAE: Abu Dhabi to host Summit on the Global Agenda

More than 900 participants are expected to take part in interactive workshops and sessions to provide comprehensive insight and recommendations on some of the most pressing global challenges.

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