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Economy

Philippines Recognizes Need for Enhanced Halal Promotion

Philippines Recognizes Need for Enhanced Halal Promotion

2023-05-27 by Hafiz M. Ahmed
Officials at the forefront of the Halal industry in the Philippines have emphasized the need to bolster the Halal promotion campaign, including the …

US Congress Members Urge PayPal to Lift Ban on Palestinian Businesses

2023-05-25 by Hafiz M. Ahmed
While other financial service providers operate in the Palestinian territories, PayPal has singled out this region, offering its services only to …

Indonesia, Iran Partner for Halal Assurance

2023-05-24 by Hafiz M. Ahmed
In a significant stride towards enhancing the assurance of halal products, the governments of Indonesia and the Islamic Republic of Iran have recently …

Russia Kickstarts Halal Exports, with Malaysia as a Pioneer Customer

2023-05-24 by Hafiz M. Ahmed
The robust domestic halal industry in Russia, driven by the Damate Group, Russia’s premier turkey producer, has been making significant strides …
Philippines' Domestic Halal Industry

How PEZA’s New Initiatives Are Transforming the Philippines’ Domestic Halal Industry

2023-05-23 by Hafiz M. Ahmed
The Philippines’ domestic Halal industry has been experiencing remarkable growth and transformation, as the country strives to meet the …
Halal Industry Boost

VP Duterte Champions Philippine Halal Industry Boost

2023-05-19 by Hafiz M. Ahmed
In a bid to boost tourism and better serve the Muslim community, the Philippines is setting its sights on strengthening its halal industry, according …

HDC and KOTRA Sign MoU to Boost Bilateral Ties

2023-05-17 by Hafiz M. Ahmed
The Halal Development Corporation Berhad (HDC) and the Korea Trade-Investment Promotion Agency (KOTRA) have today entered into a Memorandum of …
Halal Demand Surge

Halal Demand Surge Spurs Sector Investment

2023-05-17 by Hafiz M. Ahmed
The halal demand surge has sparked significant investment in the sector, driving growth and opportunities for businesses worldwide. Amer Bukvic, the …
Global Halal Industry

Indonesia Pushed to Lead Global Halal Industry

2023-05-10 by Hafiz M. Ahmed
Indonesia’s Industry Minister, Agus Gumiwang Kartasasmita, has emphasized the necessity for Indonesia to assert itself as the global leader in …
GCC Nations Embark on a Bold Quest for Economic Unity by 2025

GCC Nations Embark on a Bold Quest for Economic Unity by 2025

2023-05-09 by Hafiz M. Ahmed
In Muscat, the 68th preparatory meeting for the 119th Financial and Economic Cooperation Committee convened, bringing together undersecretaries of …
Growing Halal Market

How Can Nigeria Capitalize On the Growing Halal Market?

2023-05-03 by Hafiz M. Ahmed
The growing halal market in Nigeria, with its large Muslim population and abundant resources, is in a prime position to take advantage of this growth. …
Local Halal Champions

Why Do We Need Local Halal Champions Everywhere

2023-04-14 by Hafiz M. Ahmed
Introduction to Halal Halal Standards Local Halal Champions are individuals who play a vital role in promoting halal practices and creating awareness …
How Can Muslim Gen Z Shake the Global Halal Industry?

How Can Gen Z Muslims Shake the Global Halal Industry?

2023-04-12 by Hafiz M. Ahmed
The halal industry has experienced significant growth in recent years, with a projected value of $3 trillion by the end of 2023. This industry …
GCC

GCC Economic Growth to Drop Significantly in 2023: World Bank

2023-04-10 by Hafiz M. Ahmed
DUBAI – In its latest update released on Thursday, the World Bank lowered its 2023 economic growth projection for the six-member Gulf …
Qatar & GCC Nearing Global Halal Market Leadership, IPA Notes

Qatar & GCC Emerging As Leaders in Global Halal Economy

2023-04-03 by Hafiz M. Ahmed
The Investment Promotion Agency Qatar (IPA Qatar) reports that Qatar and the Gulf Cooperation Council (GCC) region are emerging as significant players …
Certified to Supply Halal Products

60+ Belarusian Companies Certified to Supply Halal Products to Persian Gulf

2023-02-28 by Hafiz M. Ahmed
Belarus is making substantial progress in the production of halal and kosher foods, and it’s raising a lot of questions. What exactly does that …

Malaysia and Indonesia to Sign Halal Industry Deal in Jakarta

2023-02-17 by Hafiz M. Ahmed
Malaysia and Indonesia are expected to sign a Memorandum of Cooperation (MOC) in June to promote trade in the halal sector between the two countries, …

Oman Ranks 5th in Arab Economics

2023-02-08 by Hafiz M. Ahmed
The Sultanate of Oman ranks fifth in the Arab world in terms of the highest economic growth rates for the year 2023, according to a new ranking …
Saudi Arabia and Oman Sign 13 Major Investment Projects

Saudi Arabia and Oman Sign 13 Major Investment Projects

2023-02-03 by Hafiz M. Ahmed
The Ministry of Investment of Saudi Arabia (MISA) has concluded hosting a high-level delegation from Oman, which culminated in the signing of 13 MoUs …

GCC Countries To Thrive Despite Global Recession, Says PwC

2023-01-22 by Hafiz M. Ahmed
With public finances enjoying a healthy surplus on the back of booming oil revenues and consumer optimism despite economic headwinds, the Gulf …
Was 2022 A Year Of Muslim Revival?

Was 2022 A Year Of Muslim Revival?

2023-01-08 by Hafiz M. Ahmed
As 2023 begins, it is an opportune time to look back at the past year, which has given the Muslim world many fulfilling events, especially in …
Payment Of Hajj 2023 Fees For Locals Allowed in 3 Installments

Payment Of Hajj 2023 Fees For Locals Allowed in 3 Installments

2023-01-08 by Hafiz M. Ahmed
The Ministry of Hajj and Umrah formally announced on Thursday that Saudi nationals can now pay for their hajj in three installments. The new …
Taliban Invite International Trade and Investment in Afghanistan

Taliban Invite International Trade and Investment in Afghanistan

2023-01-03 by Hafiz M. Ahmed
As Afghanistan confronts isolation and the suspension of some humanitarian activities due to restrictions on women, the Taliban administration will …
Top 5 Challenges for the global Halal industry

Top 5 Challenges for the Global Halal Industry

2022-12-24 by Hafiz M. Ahmed
The global halal industry, which refers to the production, distribution, and consumption of goods and services that are compliant with Islamic law, is …
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The Halal Times, led by CEO and Editor-in-Chief Hafiz Maqsood Ahmed, is a prominent digital-only media platform publishing news & views about the global Halal, Islamic finance, and other sub-sectors of the global Islamic economy.

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