The Halal Times
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The Indonesian Haj Fund Management Agency (BPKH) is planning to invest in Saudi Arabia to help Indonesian pilgrims who want to go on the haj or umrah (minor haj) in Mecca. BPKH head Anggito Abimanyu said the agency would directly invest in hotels, airlines, and catering services to provide haj pilgrims with better services in …
Most Pakistan watchers agree that the country’s economy has become a slave to the elite mafia such as landlords, politicians, the corporate sector, and the military. The United Nations Development Program (UNDP) recently released a report on the issue. The Halal Times believes that most of the contents of the report actually reflect the state …
Buy Now Pay Later (BNPL) programs have seen tremendous growth globally. Despite growing concerns about stoking consumer debt, BNPL services fulfill a major consumer need and provide a financial alternative that is both simple and effective. We believe there are significant opportunities for BNPL within an Islamic Finance context. BNPL is vital for the Muslim …
Muslim-majority countries have discussed regulations for online prayers and banning public dinners after sunset as Ramadan began this week. Many mosques are closed, and vaccines and other restrictions are recommended for the mosque attendees. The month of Ramadan began on Monday for some countries in the Americas and on Tuesday for most of the rest …
TrustBIX signed a Memorandum of Understanding (“MoU”) with Canadian-based Riz Global Foods Inc. (“Riz Global”) where the Company’s BIX platform will be used to provide traceability for halal lifestyle products marketed by Riz Global. Riz Global is creating a “Halal Commerce Gateway” to support demand for lifestyle products for halal consumers in Canada and the …
The Turkish capital Ankara hosted a two-day hybrid fashion event introducing seven Indonesian brands, aimed at bringing the Turkish and Indonesian fashion industries closer. The fashion show, presenting selected Indonesian fashion brands in the heart of Turkey and that has been ongoing on Wednesday and Thursday, was also attended by Turkey’s first lady, Emine Erdogan, …
Modest swimwear for men is getting a lot of traction these days. Almost every single day people search our site to look for info on the topic. Some time ago, we had published a news story about Zusaura, a UK-based brand offering modest swimwear for men. Recently, we had a chat with the president & …
Islam is the third largest religion in the US after Christianity and Judaism. About 12 million Muslims are living in the country. They are one of the most racially diverse religious groups. To meet the increasingly diversified Halal dietary needs of these Muslims in the USA, Halal certification organizations such as Islamic Services of America …
Saudi Arabia has chosen Prime Certification and Inspection, a subsidiary of the United Arab Emirates-based Prime Group of Companies, the only Philippine-based halal-certification body authorized to give certification for food exports bound for the Kingdom Prime Certification and Inspection, a subsidiary of the United Arab Emirates-based Prime Group of Companies, has been recognized by the …
Google says that companies need to get media coverage in 2021 if they are serious about improving their brand. Google`s John Mueller, tweeted recently that digital PR is far better than technical SEO for sites. But, where do Halal brands stand these days as far as media coverage is concerned? The picture looks bleak as …
Alliance Islamic Bank Berhad (“Alliance Islamic Bank”) today signed a Memorandum of Understanding (“MoU”) with eJazmine, Fusionex, and the International Institute for Halal Research (INHART) to further strengthen its Halal in One program for businesses. The expanded strategic partnership will make available more digitization options and training programs and an additional e-commerce platform. “Today, the …
The total value of the bank’s Sukuk listed on Nasdaq Dubai currently stands at $17.14bn Islamic Development Bank (IsDB) in Jeddah has listed a $2.5bn green Sukuk on Nasdaq Dubai. It is the second AAA-rated Sukuk issuance under the Sustainable Finance Framework of IsDB and is the bank’s biggest US dollar public issuance to date. …
