The Halal Times
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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 …
Is the COVID-19 pandemic in your country within control? This may become, perhaps the most important question for all of us today as the world economies are showing significant performance variations in 2021 due to slower vaccination rollouts and a surge in virus infections in several countries. Up until recently, world leaders had called for …
Malaysia continues to lead the rankings in Islamic economy and finance by the Global Islamic Economy Indicator (GIEI) for the eighth consecutive year. According to the Global Islamic Economy report in 2020, the Islamic FinTech and economy sectors of Malaysia continue to flourish aided by governmental support and Malaysia Digital Economy Corporation (MDEC)’s a continuous …
Minister of Commerce Dr. Majid Bin Abdullah Al-Qasabi has confirmed that the trade relations between the Kingdom of Saudi Arabia and Malaysia have witnessed a great development during the past years. The development comes as a result of the two countries’ keenness to establish strategic partnerships that benefit the two countries. In a statement to …
SMEs will gain new skills and knowledge to grow their business, and undergraduates opportunities to work in real-life business situations. Kuala Lumpur, 11 March 2021 – Alliance Bank Malaysia Berhad (“Alliance Bank” or the “Bank”) has signed a Memorandum of Understanding (“MoU”) with Sunway University Sdn. Bhd. (“Sunway University”) to provide courses to help upskill …
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 …
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 …
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 …
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 …
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 …
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 …
