Brunei`s Halal Industry Can Spur Economic Diversification
BANDAR SERI BEGAWAN, Feb. 16 (Xinhua) — According to a recent independent study, Brunei’s thriving halal industry holds significant potential to …
Economy
Malaysian Economy Heading Into Dangerous Waters
COMMENT | Close to one-third of Malaysia’s economy is driven by exports, a legacy of learning from Japan.
When Japan was trying to recover from …
Tourism In Turkey Booms As Lira Plummets
TURKEY has once again increased in popularity with British holidaymakers thanks to the crash the Turkish lira in 2018. Tourism was blighted by a …
Saudi Arabia Reviewing Expat Fees Amid Highest Unemployment In A Decade
Saudi Arabia is reportedly reviewing its policy of imposing fees on expatriate workers following an exodus of foreign workers amid rising living …
UAE Tops Arab World In Economic Freedom
The UAE has tied with Bahrain for first place
UAE businesses enjoy the highest economic freedom in the Arab world. This opens a wealth of …
Turkey Urges OIC Nations to Adopt National Currencies for Trade
In response to growing concerns about the dominance of a single currency in the international monetary system, Turkey has once again urged …
Reporting Islamic Economy In the Age of Digital Journalism
Reporting Islamic Economy in the age of digtal journalism has been more interesting and more challangeing all at the same time. The last two decades …
Pakistan Wants To Follow Malaysian Economic Model
Prime Minister Imran Khan, on a two-day official visit to Malaysia, said Pakistan intended to learn from Malaysia’s economic development and progress …
Turkey’s Economy Is One Of The World’s Fastest Growing
THESE have been testing times for Emin Taha and his Turkish transport company. The war against the so-called Islamic State has reduced much of Mosul, …
Iran, Qatar Target Maritime Trade Ties
Q atar has stressed the importance of facilitating maritime trade with Iran.
This was underlined by Qatari Minister of Transportation and …
Halal Sector Key Topic at International Economic Summit
The ninth International Economic Summit between Russia and the Organisation of Islamic Cooperation (OIC) member countries started on Friday in Kazan, …
Islamic Finance is Based on ‘Shared Prosperity’
Islamic finance, deeply rooted in the principles of ‘Shared Prosperity’, is redefining the landscape of global finance through its …
Megabank Project to Support Turkey’s Aim to Increase Share in Participation Banking
Turkey and Indonesia are working on a lender project that will operate in compliance with Islamic law. Though talks are ongoing, the project titled …
Affordable Housing In Suriname to Benefit from Islamic Bank Loan
PARAMARIBO, Suriname — In a major boost to the housing sector of Suriname, the Islamic Development Bank (ISDB) has approved a US$35 million loan …
Banking Reform Bill to Be Discussed In Iranian Parliament
The first major step to implement much-needed reforms in the Iranian banking sector is to be taken by the government in summer when it submits the …
Malaysia’s Bond and Sukuk Market Plays Major Role in Supporting Economic Growth, says Johari –
KUALA LUMPUR, May 12 — The Malaysian bond and sukuk market continues to play a major role in supporting economic growth through the financing of …
Government of Dubai Repays $600m Sukuk Certificates
Dubai The Government of Dubai, acting through the Department of Finance (DOF), announced that the $600 million Sukuk Trust Certificates issued on 2 …
Qatari Graduates To Play Active Role In Economic Development Of The Nation
The Peninsula
This year, 61 Qatari students graduate from Hamad Bin Khalifa University (HBKU)’s postgraduate degree programmes and as the country …
Growth Potential in Global Islamic Banking Market Huge: QFC Authority
The size of the Shariah-compliant banking and financial market, which has grown to nearly $2 trillion, has great untapped growth potential, as a …
ARMM Holds Investments Roadshow April 28, 2017
MARAWI CITY, Lanao del Sur, April 28 —The Regional Board of Investments of the Autonomous Region in Muslim in Mindanao (RBOI-ARMM) in the …
RHB Islamic Bank Issues RM250m Sukuk
KUALA LUMPUR (April 27): RHB Islamic Bank Bhd has issued an RM250 million subordinated sukuk murabahah, which will be used for working capital and …
Kenya Rushes to Tap Into Sh234trn Global Halal Gold Mine
A push to have Kenya tap into the Halal economy goldmine is gaining steam on the back of legal and regulatory reforms initiated by the various …
Stakeholders Challenged to Amend Finance Laws to Increase Islamic Finance Uptake In Kenya
Kenya, East Africa’s largest economy, played host to the second annual East Africa Islamic Economy Summit hosted by the advisory firm, GBS Africa. The …
Nairobi Hosts Summit to Unlock the $2.3 Trillion Global Halal Economy
Nairobi is hosting a two-day summit starting Monday to explore how Kenya and the East African region can best tap into the lucrative global Sh230 …