Covid-19 Outbreak & Its Implications On The Global Supply Chain System
The Covid-19 pandemic has undoubtedly served as a wake-up call for the global economy, highlighting the vulnerabilities inherent in over-relying on a …
Economy
HDC To Promote Malaysian Talents For Global Halal Industry
PETALING JAYA: The Halal Development Corporation Bhd (HDC) plans to promote up to 700 Malaysian professionals in the international market to meet the …
Alliance Islamic Bank Launches Halal-in-One Program To Help SMEs
Putrajaya, – Alliance Islamic Bank Berhad (“Alliance Islamic Bank”), a subsidiary of Alliance Bank Malaysia Berhad, launched its Halal-in-One …
Saudi Plan to Wean Off Oil Sees Success Even as Economy Stalls
Saudi Arabia’s economy shrank 0.5% in the third quarter, a contraction that was broadly expected even as the kingdom’s goal of weaning itself off …
Say Goodbye to Banking as We Know It
China is poised to launch the first national digital currency. There will be no counting of the disruption.
So is China readying its own …
Japanese Halal Industry Beyond The 2020 Olympics
For the past eight years, Japan has been preparing for the 2020 Olympics. By conducting the Olympics mega event successfully, it wants to shake off …
IDB Supporting Turkish Exporters To Compete Globally
The Islamic Development Bank (IsDB) Group has been supporting Turkish exporters through Turk Eximbank, the bank’s regional manager said in Istanbul on …
Dubai Islamic Bank Acquires Noor Bank
Shareholders of Dubai Islamic Bank (DIB), the UAE’s largest Sharia-compliant lender approved the acquisition of Noor Bank through a capital …
Saudi Banks NCB, Riyad Scrap Merger Talks
Saudi Arabia’s NCB, Riyad Banks end talks to create a mega bank consisting of $200 billion assets, with differences over valuation potentially …
Dubai Islamic Bank Closes Second Foray Into Global Capital Markets
Dubai Islamic Bank has successfully closed a $750 million five-year Sukuk, its second foray into the international capital markets in 2019.
The deal …
Malaysian Islamic Banks Must Follow Maqasid Syariah Principles
Malaysian Islamic Banks Must Follow Maqasid Syariah Principles, said Anwar Ibrahim, former deputy prime minister of Malaysia.
SEPANG (Nov 19): …
Today`s Economics No More As We Know It
In recent years, the global economic landscape has dramatically shifted, driven by the rise of digital economies, a strong emphasis on sustainability, …
Turkey Agrees to Help Develop Cambodia`s Halal Industry
In a significant step towards strengthening international ties and boosting economic development, Turkey has agreed to assist Cambodia in developing …
Iran to Outlast US Economic Sanctions: American Prof.
TEHRAN (Tasnim) – A professor of anthropology at the University of Minnesota praised Iran’s internal economy as “very robust” and expressed confidence …
Malaysia, A Dominant Islamic Economy Player: The Way Forward
Thanks to its continued efforts starting from 1974, Malaysia has become a dominant player in the global Islamic economy sectors of halal food, Islamic …
Singapore To Develop Most Advanced Halal Hub In Southeast Asia
SINGAPORE – Bernama (April 30): Singapore will have a dedicated halal hub in two years’ time, which is promoted as the most advanced of its kind in …
Indonesia Wants To Boost Its Share Of Global Handicraft Market
Indonesia only holds about 1.26 percent of the global handicraft market, prompting calls for the government to do more to promote local products …
Indonesia Election Puts Islam, Economy On the Ballot
The election campaign for Indonesia’s next president has been dominated by the role of political Islam and the economic conditions prevailing in …
Turkey`s Lira Stumbles Again Local Elections Loom
Turkey’s voters head to the polls on Sunday amid new, widespread worries about their currency, and with much at stake for investors in the …
A New Ethical Development in the Halal Marketplace To Benefit Islamic Economy
Increasingly, young Muslim consumers are imposing exacting, socially and environmentally responsible standards on what they choose to buy
Let’s face …
Indonesia Eyeing To Domainate The Global Halal Industry
Arsianews, Jakarta – Tired of being the world’s largest halal products consumer, Indonesia now wants to be the top producer of shariah-compliant …
IHAF Celebrates 1,000 Days With 32 Member Countries Representing $700 Billion Halal Economy
DUBAI, 4th March 2019 (WAM) — The International Halal Accreditation Forum, IHAF, has announced its latest milestone, having increased its …
Islamic Clothing Market To Be Worth US$88bn By 2025
The global Islamic clothing market is expected to reach US$88.35 billion by 2025, according to a new report by US marketing and consulting firm Grand …
Brunei Asked to Help Boost Economic Collaboration with Malaysia
BANDAR SERI BEGAWAN: Deputy Prime Minister Datuk Seri Dr Wan Azizah Wan Ismail has called on Malaysia and Brunei to take full advantage of existing …