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Economy

Hajj Has Become a Billion-Dollar Industry

How Hajj Has Become a Billion-Dollar Industry in Saudi Arabia

2025-05-26 by Hafiz M. Ahmed
The Hajj, the annual Islamic pilgrimage to Mecca in Saudi Arabia, is one of the five pillars of Islam, a deeply spiritual journey undertaken by …
HDC and MFW Partner to Strengthen Halal Trade and Certification Between Malaysia and China

HDC and MFW Partner to Strengthen Halal Trade and Certification Between Malaysia and China

2025-05-21 by Hafiz M. Ahmed
The Halal Development Corporation Berhad (HDC), an agency under Malaysia’s Ministry of Investment, Trade and Industry (MITI), has announced a …
Russia Bolsters Halal Certification to Meet Surging Global Demand

Russia Bolsters Halal Certification to Meet Surging Global Demand

2025-05-19 by Hafiz M. Ahmed
Kazan, Tatarstan – May 19, 2025 – As the global halal market surges, Russia’s leading quality assurance body, RusQuality, seized the spotlight at …
Indonesia Aims To Lead the Global Halal Industry

Indonesia Aims To Lead the Global Halal Industry

2025-05-01 by Hafiz M. Ahmed
Jakarta, May 1, 2025 – Indonesia is on a transformative journey to become the world’s leading producer of halal products, driven by a strategic vision …

Indonesia to Boost Ties with Vietnam in Halal Production and Cosmetics

2025-04-29 by Hafiz M. Ahmed
The global halal market is booming, projected to reach $10 trillion by 2030. At the heart of this growth is a blossoming partnership between Indonesia …
Upcoming Halal Events To Help Bosnia’s Strategic Leap into the Global Halal Economy

Upcoming Halal Events To Help Bosnia’s Strategic Leap into the Global Halal Economy

2025-04-28 by Hafiz M. Ahmed
In Sarajevo’s historic heart, where Ottoman minarets rise above bustling markets, a quiet transformation is underway. Bosnia and Herzegovina, …
The Indus Waters Treaty: Why India Cannot Unilaterally End Pakistan’s Vital Water Lifeline

The Indus Waters Treaty: Why India Cannot Unilaterally End Pakistan’s Vital Water Lifeline

2025-04-26 by Hafiz M. Ahmed
For Pakistan, the Indus River and its tributaries are not merely waterways—they are the lifeblood of a nation. These rivers irrigate 47 million acres …
How Vietnam Can Conquer a $3 Trillion Halal Market

How Vietnam Can Conquer a $3 Trillion Halal Market

2025-04-25 by Hafiz M. Ahmed
In the steamy markets of Ho Chi Minh City, where vendors hawk glistening shrimp and fragrant rice, Vietnam is stirring with ambition. A $3 trillion …
How a Weaker Dollar Impacts Poor Countries

How a Weaker Dollar Impacts Poor Countries

2025-04-24 by Hafiz M. Ahmed
The U.S. dollar has long been the world’s go-to currency, a kind of global money superhero that countries, including many Muslim-majority nations, …
Islamic Economics Symposium

Madinah Hosts the 45th AlBaraka Islamic Economics Symposium

2025-04-21 by Aamer Yaqub
Imagine the intellectual energy when the brightest minds in Islamic finance converge in the sacred city of Madinah! Just recently, this spiritual hub …
Muslim Consumer Market

Authentic Products Fuel Southeast Asia Muslim Consumer Market

2025-04-20 by Aamer Yaqub
Southeast Asia, a region long recognized for its vibrant cultural diversity and dynamic economic landscape, is currently showcasing compelling …
Halal Cosmetics Market

Halal Cosmetics Market Is Booming with Key Players and Rapid Growth

2025-04-19 by Aamer Yaqub
Imagine a beauty revolution where ethics meet efficacy, and faith-based values drive a multi-billion-dollar boom. That’s exactly what’s …
Unlocking Wealth: Your Guide to Purchasing Investment Property in Saudi Arabia's Thriving Real Estate Market

Unlocking Wealth: Your Guide to Purchasing Investment Property in Saudi Arabia’s Thriving Real Estate Market

2025-04-18 by Staff Writer
Learn how Saudis changing economy, driven by its future plan, is nurturing a strong property market. New big cities like NEOM and Qiddiya help our …
Islamic Tourism and Islamic Culture

Explore Global Islamic Tourism & Culture at Malaysia Expo & Festival 2025

2025-04-18 by Aamer Yaqub
Ever wondered where the dynamic worlds of faith-based travel, also known as Islamic Tourism, and vibrant Islamic Culture beautifully collide? Mark …
Halal Supply Chain Management in Taiwan

Halal Supply Chain Management in Taiwan: Opportunities and Challenges for Growth in the Halal Economy

2025-04-16 by Muhammad Ghalih
The Importance of THIDA (Taiwan Halal Industry Development Association): One of the most significant developments in Taiwan’s Halal sector is the …
What is the Future of Global Halal Trade in the Trump Era?

What is the Future of Global Halal Trade in the Trump Era?

2025-04-12 by Hafiz M. Ahmed
In a modest halal processing plant in Iowa, Mariam, a supply chain manager, recalibrates her forecasts, wary of new U.S. tariffs flagged on the …

How Africa’s Largest Economy Lost 50% of Its GDP

2025-04-10 by Hafiz M. Ahmed
In 2014, Nigeria stood atop Africa’s economic podium, its GDP recalibrated to $510 billion, a figure that cemented its status as the continent’s …

What Trump’s Tariffs Mean for Halal Food—and How Countries Can Fight Back

2025-04-08 by Hafiz M. Ahmed
Imagine waking up one morning to find the price of your favorite halal chicken nuggets has doubled overnight. Your local grocery store shelves are …
AlBaraka Islamic Economics Symposium

Madinah to Host the 45th AlBaraka Islamic Economics Symposium

2025-04-08 by Aamer Yaqub
Manama, Bahrain – The AlBaraka Islamic Economics Symposium, a globally recognized and highly influential forum dedicated to the advancement of …
How Tariffs Will Hit E-Commerce Companies

How Tariffs Will Hit E-Commerce Companies

2025-04-05 by Hafiz M. Ahmed
Picture a bustling souk in Marrakech, where a halal spice merchant heaps saffron into tiny packets, dreaming of buyers across the Atlantic. His …
What Is the Way Forward for the Syrian Economy?

What Is the Way Forward for the Syrian Economy?

2025-04-03 by Hafiz M. Ahmed
It’s April 2025, and Syria stands at a crossroads. Four months ago, in December 2024, the iron grip of Bashar al-Assad’s family, which ruled the …
What Will Be the Impact of U.S. Tariffs on the Global Halal Industry?

What Will Be the Impact of U.S. Tariffs on the Global Halal Industry?

2025-04-02 by Hafiz M. Ahmed
Picture this: You’re standing in a bustling market in Jakarta, the air thick with the scent of sizzling satay and the chatter of vendors haggling over …
6th International Halal Conference

SMIIC Patronizes Landmark 6th International Halal Conference

2025-04-01 by Aamer Yaqub
Did you know the global halal market is booming, predicted to hit trillions? To navigate this exciting growth and shape its future, top minds from …
MATRADE Istanbul Invites Turkish Companies and Buyers to Explore New Halal Products at MIHAS 2025

MATRADE Istanbul Invites Turkish Companies and Buyers to Explore New Halal Products at MIHAS 2025

2025-03-29 by Hafiz M. Ahmed
Turkish companies have a prime opportunity to meet and partner with Malaysian suppliers and capitalise on the growing global demand for halal products …
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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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