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The Halal Times

Global Halal, Islamic Finance News At Your Fingertips

Hong Kong

Malaysian Hotel Seeks to Profit from Muslim Travel Boom

May 1, 2017 by admin

HONG KONG  — At the PNB Perdana Hotel, the Quran is the standard operating procedure. Just steps away from the iconic Petronas Towers in the heart of Kuala Lumpur, it’s the first hotel in Malaysia to be halal certified. Halal means permissible under Islamic Sharia law, and can refer to both goods and services. Practicing …

Read moreMalaysian Hotel Seeks to Profit from Muslim Travel Boom

PRG Holdings Taps into China and Hong Kong Halal Markets

Apr 15, 2017 by admin

KUALA LUMPUR (April 14): Investment holding company PRG Holdings Bhd, which is involved in property development, construction, and manufacturing businesses, is tapping into international halal markets via its wholly-owned subsidiary Premier International Marketing Sdn Bhd (PIM). In a statement today, PRG said PIM will enter into a memorandum of understanding with Felcra International Private Ltd …

Read morePRG Holdings Taps into China and Hong Kong Halal Markets

Hog Kong Closes On Indonesia In Dollar Sukuk As Silk Road Alive

Mar 3, 2016 by admin

Hong Kong’s possible third Islamic global bond in three years brings it closer to Indonesia and Malaysia in terms of sovereign sukuk presence, a boost to the market that coincides with China’s Silk Road revival. The finance center has already raised US$2 billion from sales in 2014 and 2015, which attracted US$6.7 billion in total …

Read moreHog Kong Closes On Indonesia In Dollar Sukuk As Silk Road Alive

Halal Tourism Gets Wider Push In Southeast Asia

Jan 22, 2016 by admin

AS THE Muslim travel market becomes a growing force worldwide, ASEAN countries are developing new strategic directions in a bid to wrestle a bigger piece of the lucrative halal tourism pie. This fast-growing sector is projected to grow to 150 million visitors comprising 11 percent of the global travel economy with an expenditure of US$200 …

Read moreHalal Tourism Gets Wider Push In Southeast Asia

Thomson Reuters launches Islamic Asia Pacific Ex-Japan Agribusiness Index

Nov 14, 2015 by admin

KUALA LUMPUR: Thomson Reuters today announced the launch of its Islamic Asia Pacific Ex-Japan Islamic Agribusiness Index, covering 30 Shariah-compliant companies in the Asia-Pacific region with revenues derived directly from agricultural products. The Islamic Asia Pacific Ex-Japan Agribusiness Index is the first index of its kind in the Asia-Pacific region. It will be tracked by …

Read moreThomson Reuters launches Islamic Asia Pacific Ex-Japan Agribusiness Index

Five Halal Food Restaurants Hong Kong Muslims Recommend

Jul 19, 2015 by admin

From South Asian classics to beef pancakes and halal dim sum, these down-to-earth restaurants cater to a range of palates Aladin Mess Go through the nondescript entrance near Times Square, walk up the steps past the nail bar and you will find an unpretentious space with equally unpretentious food. This second-floor restaurant is popular with …

Read moreFive Halal Food Restaurants Hong Kong Muslims Recommend
hongkong-sukuk

First HK Sukuk Listed In Dubai

Dec 12, 2014 by admin

DUBAI,  Dubai saw on Thursday the listing of the very first Islamic bond or sukuk in its stock market by China’s Hong Kong Special administrative region. Hong Kong’s financial secretary John Tsang Chun-wah rang the bell to celebrate listing of the one-billion U.S. dollar sukuk. The listing marks Dubai as one of the top three …

Read moreFirst HK Sukuk Listed In Dubai
Scale a priority, with or without merger, says CIMB Islamic CEO

Scale A Priority, With Or Without Merger, Says CIMB Islamic CEO

Sep 4, 2014 by admin

CIMB Islamic, the sharia compliant unit of Malaysia’s second-biggest lender, said it will pursue a larger balance sheet to help win more business, regardless of whether a proposed merger with two smaller peers happens. In July, CIMB Group Holdings Bhd, RHB Capital Bhd and Malaysia Building Society Bhd secured regulatory approval to begin merger talks, …

Read moreScale A Priority, With Or Without Merger, Says CIMB Islamic CEO
Islamic Finance Seeks To Go Green With Environment-Based Products

Islamic Finance Seeks To Go Green With Environment-Based Products

Sep 2, 2014 by admin

Financial products based on renewable energy and sustainable agriculture are emerging in Islamic finance as asset managers seek a crossover opportunity between ethical and sharia-compliant investing. Islamic finance follows religious principles which forbid involvement in activities such as gambling, tobacco and alcohol, but the industry has only recently begun to stress themes of wider social …

Read moreIslamic Finance Seeks To Go Green With Environment-Based Products
Sukuk-Hong-Kong

For First Sukuk Issue Next Week, Hong Kong Will Arrange RoadShows

Aug 29, 2014 by admin

Hong Kong’s government will hold investor meetings next week for its maiden Islamic bond issue, a spokeswoman for the Hong Kong Monetary Authority said on Thursday. A meeting will be held in Hong Kong on Monday before one in Singapore on Tuesday, Kuala Lumpur on Wednesday and meetings in Dubai, Doha, Abu Dhabi and London …

Read moreFor First Sukuk Issue Next Week, Hong Kong Will Arrange RoadShows

Demand For Shariah-Compliant Islamic Finance Professionals Rising Among Non-Muslims

Aug 7, 2014 by admin

Demand for Islamic finance training from non-Muslims rose more than fourfold in the past seven years as students seek to enter an industry whose assets are set to double to $3.4 trillion by 2018. Malaysia’s International Centre for Education in Islamic Finance had 2,000 people enrolled on its courses this year, of whom about 14 percent are from nations …

Read moreDemand For Shariah-Compliant Islamic Finance Professionals Rising Among Non-Muslims

Hong Kong Looks To Boost Islamic Finance Through Links With Malaysia

Jun 20, 2014 by admin

Hong Kong’s financial regulator has said it is to work closely with the Malaysian authorities to develop its Islamic financial market and promote Shariah-compliant products to both local and international investors. The comments were made at an Islamic funds seminar in Hong Kong, where the Securities and Futures Commission and the Securities Commission (SC) Malaysia …

Read moreHong Kong Looks To Boost Islamic Finance Through Links With Malaysia
Hong_Kong_islamic_capital_market_seminar

Malaysia, Hong Kong Enhance Partnership On Islamic Finance Market

Jun 18, 2014 by admin

Islamic Finance Market The Securities Commission Malaysia (SC) and Securities and Futures Commission of Hong Kong (SFC)  jointly organised a seminar in Hong Kong on Islamic funds in response to the growing interest on Islamic Finance, including in the collective investment space, in Hong Kong. The half-day event on 17 June brought together over 100 …

Read moreMalaysia, Hong Kong Enhance Partnership On Islamic Finance Market

Hong Kong & Malaysia Host Joint Seminar On Islamic Funds

Jun 18, 2014 by admin

The Securities and Futures Commission (SFC) and the Securities Commission Malaysia (SC) today jointly organised a seminar in Hong Kong to explore the potential of Hong Kong as an Islamic fund platform. In her opening remarks, the SFC’s Deputy Chief Executive Officer and Executive Director, Investment Products, International and China, Mrs Alexa Lam, said Hong …

Read moreHong Kong & Malaysia Host Joint Seminar On Islamic Funds
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