IHAF’s Members’ web application will allow its members to communicate and process all their requests digitally as well as permit potential ones to apply for membership online with ease Dubai: The International Halal Accreditation Forum (IHAF) has launched its enhanced and more robust brand feel, an improved website, and a new web application as part …
Companies
Acrosx Asks Malaysian Companies To Explore Japanese Halal Market
Acrosx Japan Inc today invited more companies in Malaysia to collaborate in bringing halal products from Malaysia to Japan and the overall global market. Its chief executive officer, Keith Wong Wai Kit said the ‘Land of the Rising Sun’ was also interested in exploring the standard of halal food preparation as well as Muslim-Friendly contexts. …
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QIB Named the ‘Best Islamic Financial Institution in GCC’ by Global Finance
(MENAFN – Gulf Times) Qatar Islamic Bank (QIB), Qatar’s leading Shariah-principled lender, has been named ‘Best Islamic Financial Institution in Qatar and the Gulf Cooperation Council (GCC)’ by the US-based Global Finance magazine for 2017. These awards recognise the ‘impressive progress QIB has made in establishing itself as a leading banking institution in the GCC …
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Kuwait Finance House Termed The Best Islamic Bank In The World
Consistent with its central role of producing groundbreaking and game-changing research works, The Dubai Center for Islamic Banking and Finance (DCIBF), a joint initiative of Hamdan Bin Mohammed Smart University (HBMSU) and the ‘Dubai Islamic Economy Development Centre’, has formally released its second annual report on Islamic economy today (Wednesday October 12, 2016) during the …
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National Bonds Distributes Dividends To Its Shareholders
Dubai:- National Bonds Corporation PJSC (National Bonds), the UAE-based Shari’ah-compliant savings and investments company, has announced that its savings and investment products provided up to four per cent annualized returns to customers in 2015, outpacing the returns provided by other competitive financial institutions in the UAE. National Bonds revealed that its three-year Step Up Bonds …
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DAFZA Posts 7% Revenue Growth In 2015
Dubai:- The Dubai Airport Freezone Authority (Dafza) posted yet another banner year in 2015, achieving an impressive total revenue growth of seven per cent and total assets growth of three per cent. As a gateway connecting the emerging markets in Middle East and Africa, Dafza grew its number of registered companies by 22 per cent, …
Singapore Aiming To Become A Global Halal Hub
Halal grocer My Outlets aims to establish Singapore as a global gateway for halal products, in the wake of its recent expansion into China. To realise this, CEO Malek Mattar, 55, is forging partnerships abroad, using technology and making sure all the staff pull in the same direction. He tells Wong Siew Ying that having …
BASF Becomes Halal-Certfied For Personal, Home-care Ingredients
BASF now offers 145 ingredients for personal and home care products which have been certified to the international halal standard HAS 23000: Along the entire value chain, strict guidelines for raw material purchasing, manufacturing, filling, warehousing, and transport are followed to ensure product purity in compliance with Islamic law. In order to gain the halal certification …
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Al Baraka Wins Islamic Finance Awards
Al Baraka Banking Group, a Bahrain-based leading Islamic banking group, said five of its units won Islamic Finance News Awards 2015 as the ‘Best Islamic Banks’ in the region through the annual comprehensive referendum, conducted by the Islamic Finance News magazine. The units included the ones in Egypt, Lebanon, Sudan, Jordan and South Africa, said …
Takaful Emarat Delivers 42% Profit Growth
Dubai: Takaful Emarat has announced that its net profits for the year ended December 31, 2015, were up by 42 per cent to Dh10.21 million for 2015, compared to Dh7.18 million in 2014. This was due to an expansion in the medical and life lines of business, prudent underwriting, and cost efficiency through strict control …
When Religion Fuels Entrepreneurial Spirit: A Case Study
Nafisa Bakkar is a 23-year old Muslim woman living in London. Like millions of people her age, Nafisa has huge interest in fashion. But she struggles to find modest clothes that suit her needs. Or rather, she struggled. She is the co-founder of Amaliah, a fashion platform that ‘makes shopping for a modest wardrobe’ easier. A …
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Japanese Halal Skincare To Be Marketed Globally
TOKYO —PBJ Inc is releasing a line of halal-certified skincare products, “Momo Hime,” approved by the Japan Islamic Trust, on March 3 in Japan and abroad. Having the 80 years of experience running a fruit and vegetable retailer, PBJ has for many years focused on the effects of the peach for health and beauty. “Momo …
