Indonesia’s ALAMI Emerging As A Major Player In Shariah-Compliant Peer-To-Peer Lending
Indonesian peer-to-peer lender ALAMI Shariah has been in the news lately. In mid-May, 2021, it acquired a local Shariah bank. To the industry …
Halal
Halal Sector Propels Indonesian Economy Upwards
A few days back The Halal Times staff had reported that the Indonesian economy was recovering despite the pandemic. Now, we are hearing the news that …
Indonesia Again Cancels Hajj 2021 Due To COVID-19 Pandemic
Indonesia says the government will not allow Indonesians to travel for the Hajj due to pandemics and for the safety of the pilgrims’. The country has …
Indonesia’s Digital Market To Grow To $300 Billion In 3 Years
Indonesia’s technology market is at an inflection point and could grow exponentially to reach between $200 billion and $300 billion in the next two to …
Indonesian Economy Slowly Recovering Despite Pandemic
JAKARTA – Delays in vaccine shipments have set back plans to inoculate a targeted 181.5 million Indonesians by this time next year and could put a …
Omanization Hits 10% in Tourism Sector As Locals Enter Workforce
Boosting the level of locals in the private sector is key to Oman’s national development goals
Around 10 percent of workers in Oman’s tourism …
Saudi Arabia Bans Poultry From 11 Brazilian Slaughterhouses
Saudi Arabia has banned imports from 11 Brazilian poultry plants with no warning or explanation, according to a joint statement from Brazil’s …
Pandemic Offers Africa A Chance To Boost Sovereign Sukuk Sales
The financing required to rebuild economies in African nations following the coronavirus pandemic allows the continent to boost its share of Islamic …
Indonesia Aims To Be The Largest Halal Economy By 2024
Indonesia has ambitious plans to make its Islamic economy sector much bigger as it has started making regional banks and other financial institutions …
Saudi Arabia Developing A Halal Regulatory Framework
Saudi Arabia is fast developing a halal regulatory framework to handle all its food imports. Companies that have plans to export their food products …
Saudi Tourism Fund Chooses Local Bank For $346 Million Project
Saudi Arabia’s Tourism Development Fund will help finance a 1.3 billion-riyal ($346.7 million) project in the holy city of Medina together with Riyad …
Privatization Is The New Buzzword In Saudi Arabia To Reduce Deficit
Saudi Arabia is hoping to speed up privatizations to narrow a budget deficit that ballooned last year due to the pandemic and a slump in oil …