Saudi Tourism Boosts Inbound Visitors by 8% in 2024
Saudi Arabia’s tourism sector marked a historic year in 2024, welcoming a record-breaking 30 million inbound tourists, an 8% increase from 2023’s 27.4 …
News
Israel-Iran Conflict Could Add $10 Risk Premium to Oil Prices
The Israel-Iran conflict, escalating into its seventh day as of June 20, 2025, has injected significant volatility into global oil markets, with a …
Emirates Islamic Wins Top Honors at Euromoney Islamic Finance Awards 2025
On June 17, 2025, Emirates Islamic, one of the UAE’s leading Islamic financial institutions, was celebrated at the Euromoney Islamic Finance Awards …
Halal Congress in Europe Targets Regulation and Market Growth
The Third European Halal Congress, held on June 16-17, 2025, in Sarajevo, Bosnia and Herzegovina, gathered over 150 experts from 22 countries to …
Halal Cooperation Agreement Signed by Indonesia and New Zealand
On June 13, 2025, Indonesia and New Zealand signed a landmark Halal Cooperation Arrangement (HCA) in Jakarta, a pivotal step to enhance bilateral …
Islamic Finance and Halal Industry in UAE Set for Strong Growth
The UAE is solidifying its position as a global leader in Islamic finance and the halal industry, driven by a strategic vision to diversify its …
Hong Kong Ranks Third in Muslim-Friendly Travel Destinations
Hong Kong has secured the third spot among non-Islamic economies in the 2025 Mastercard-CrescentRating Global Muslim Travel Index (GMTI), marking a …
UAE Sukuk Market Thrives with 16% Islamic Finance Asset Growth in Early 2025
The UAE’s sukuk market is flourishing in 2025, with Islamic finance assets growing 16% year-on-year to over $300 billion in Q1. Sukuk issuances jumped …
UAE Economy Grows 4% in 2024 with Strong Non-Oil Sector Growth
The United Arab Emirates closed 2024 on a high note, achieving a solid 4% year-on-year growth in real GDP, which brought the nation’s total economic …
Future-First Investment Driving Impactful Change
Future-first investment is reshaping global markets in 2025, prioritizing sustainability and long-term impact. Recent reports highlight a $20 billion …
Emirates Islamic & Swiss Partner Unveil New Shariah-Compliant Products
In June 2025, Emirates Islamic, a leading Islamic financial institution in the UAE and part of the Emirates NBD Group, announced a strategic …
Malaysia Strengthens Halal Industry Ties with Guinea-Bissau, Poland
Malaysia and Guinea-Bissau Bolster Halal Industry Collaboration
In June 2025, Malaysia and Guinea-Bissau reaffirmed their commitment to deepening …
Qatar’s Islamic Finance Assets Soar to 683 Billion Riyals in 2024
Qatar’s Islamic finance sector marked a triumphant year in 2024, with total assets surging 4.1% year-on-year to 683 billion Qatari riyals ($187.5 …
Islam: The Fastest-Growing Religion Worldwide Over the Past Decade
Picture a faith that’s spreading like wildfire, touching every corner of the globe—from bustling cities in Europe to remote villages in Africa. That …
Saudi Arabia Embraces 1.67 Million Global Pilgrims for Hajj 2025
Can you imagine nearly two million people, all with one shared purpose, converging on a single sacred point? That’s the extraordinary story of …
Bank Muamalat Unveils Malaysia’s First Digital-Only Shariah Bank
It feels like the future of banking is finally here in Malaysia! Imagine managing your money with complete peace of mind, knowing every transaction …
Oman’s Sharakah Delivers First Shariah-Compliant Financing Options
Muscat, Oman – Sharakah, Oman’s leading Small and Medium-sized Enterprise (SME) development company, has launched its inaugural suite of …
ISA’s Indonesian Partnership Redefines Global Halal Certification
Islamic Services of America (ISA), a trailblazer in U.S.-based Halal certification since 1975, has significantly strengthened its global standing. On …
THAIFEX – Anuga Asia 2025 Unlocks International Food & Beverage Deals
THAIFEX – ANUGA ASIA 2025, Asia’s largest international F&B trade event, recently concluded in Bangkok, Thailand, showcasing an impressive global …
Imam-e-Kaaba Prays for Palestine & Urges Unity in Hajj 2025 Sermon
On the holiest day of the year, the Day of Arafat, approximately 1.5 million pilgrims from across the globe converged on Mount Arafat to perform …
Rare Ghurid Gold Coins Discovered in Afghanistan
A groundbreaking archaeological discovery has been officially announced by authorities in Ghor province, Afghanistan: the unearthing of a significant …
Qatar Gears Up for Eid Al Adha with 710 Prayer Locations
The Ministry of Endowments and Islamic Affairs in Qatar has announced extensive and meticulous preparations for the upcoming Eid Al Adha prayers, …
Eidiya Initiative Delivers Eid Happiness to 10,000 Children
The Community Development Authority (CDA) in Dubai recently spread smiles by distributing Eidiya (Eid gift money) to 10,000 children from families …
Japan Eyes $13 Billion Trade & Investment in Bangladesh
Bangladesh, an emerging economic powerhouse, is on the cusp of a significant leap forward in its bilateral relationship with Japan. The Japanese …