The Halal Times
Global Halal, Islamic Finance News At Your Fingertips
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 …
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 …
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 …
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 …
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 …
