Global Halal, Islamic Finance News At Your Fingertips
Halal Angels Network is among the first to penetrate the $5 trillion Halal consumer market and has teamed up with Vietnam Halal Centre for the Vietnamese Market to support the Vietnamese government in Startups, Halal consumer market, Islamic finance to aspiring entrepreneurs. They would host the Halal & Ethical Investment Summit post-COVID-19 pandemic in Vietnam, this …
Halal Angel Network Partners With Vietnamese Halal CenterRead More
Pakistan and the UAE are working on a new economic roadmap to boost bilateral trade volume and establish joint ventures between the two nations’ businesses and chambers of commerce. This was announced by Islamabad Chamber of Commerce and Industry (ICCI) President Sardar Yasir Ilyas Khan, who met with UAE’s Ambassador to Pakistan Hamad Obaid Ibrahim …
There should be a clear demarcation of power in the proposed Halal Act that identifies the scope and parameters of the Islamic Development Department (Jakim). Prominent lawyer Nizam Bashir said the law had been mooted by the department’s Halal Hub Division since 2009, with the motivating factor of providing the authorities with more bite and …
Clear Demarcation Of Powers Vital In Malaysian Halal SectorRead More
Islamic finance has the potential to create a positive impact and help in addressing the devastating challenges facing global economies as a result of the Covid-19 pandemic. This was among the highlights of speeches and discussions during the 6th Islamic Finance Conference, jointly organized by Effat University, the Islamic Research and Training Institute (IRTI), and …
How Islamic Finance Can Tackle Global Challenges In The Post-COVID-19 Era?Read More
MUIS Stance On Halal Standards For Importing Foods Overview 1. Muis has completed its investigations arising from allegations made against its recognition process for FHCBs. The investigations have found that Muis’s processes are sound and the recognition and delisting of FHCBs have been carried out by its officers fairly and impartially. As such, any accusations …
Singapore’s MUIS To Ensure Highest Levels Of Halal Standards For Food ImportsRead More
The global cosmetics market could make US$76 billion in sales to Muslim consumers by 2024, as it’s set to grow by 2.9 percent a year in the post-Covid-19 recovery. And, with the size of the market already standing at US$4 billion in 2019 for Malaysia and Indonesia, South-east Asia may become a leader in the …
Southeast Asia To Become A Leader In Halal Cosmetics IndustryRead More
Josh Tetrick, CEO of Eat Just, had at least one thing to be grateful for this Thanksgiving: Regulators in Singapore had issued the company the world’s first approval for its cultured meats. The decision paves the way for Eat Just, which is best known for its plant-based egg substitute, to sell its lab-grown chicken as …
In conjunction with the G20 Summit being held in Saudi Arabia on 21-22 November 2020, the Islamic Research and Training Institute (IRTI) of the Islamic Development Bank (IsDB) Group has launched the Kingdom of Saudi Arabia Islamic Finance Country Report. Under the theme “Islamic Finance in Saudi Arabia: Leading the Way to Vision 2030”, the …
IRTI Launches Saudi Arabia Islamic Finance Country ReportRead More
Today, Kazakhstan’s halal industry is booming. Hundreds of new halal outlets have opened in recent years – a far cry from the early 2000s when such places were scarce. Out of the US$22 billion (RM90 billion) spent on food and beverages each year, US$3 billion is dedicated to halal-labeled products. This nascent growth over the …
Kazakhstan Looking To Export Halal Products To The WorldRead More
How the COVID-19 pandemic is affecting spending by Muslims on food, pharmaceuticals, cosmetics, modest fashion, travel, and media. Global spending by Muslims has been hard-hit by the global coronavirus pandemic, according to a new report. Muslims spent $2.02 trillion in 2019 on food, pharmaceuticals, cosmetics, modest fashion, travel, and media, reflecting 3.2 percent growth, said …
COVID-19 Causes Global Halal Spending To Drop By 8% In 2020Read More
The logistics industry in Indonesia is facing a surge in demand due to increased consumer and industry activities. External trade volume is increasing. The SME sector is growing fast. However, due to some inherent weaknesses in the logistics industry in the country, the logistics cost in the country is the highest among South East Asia. …
How Is Indonesian Logistics Industry Coping With Rising Demand?Read More
What are the top five global inequalities the COVID-19 pandemic has highlighted? What is the impact the pandemic has left on the global halal industry and on individual businesses? How are halal businesses coping with the issues associated with coronavirus? How has the pandemic affected the global economy? These and several other questions are needed …
What Are The Top Five Global Inequalities The COVID-19 Has Highlighted?Read More
