Saudi Buy-Now-Pay-Later Firm Raises $110m in Funding
The e-commerce market is growing in the world. Investors are rushing to help online retailers sell larger items to consumers with the so-called …
Halal
Indonesia’s Haj Fund To Invest In Saudi Tourism Industry
The Indonesian Haj Fund Management Agency (BPKH) is planning to invest in Saudi Arabia to help Indonesian pilgrims who want to go on the haj or umrah …
Indonesia To Enter Turkish Market For Ready-To-Wear Fashion Products
The Turkish capital Ankara hosted a two-day hybrid fashion event introducing seven Indonesian brands, aimed at bringing the Turkish and Indonesian …
Saudi Arabia Chooses Prime As The Sole Halal-Certification Body In The Philippines
Saudi Arabia has chosen Prime Certification and Inspection, a subsidiary of the United Arab Emirates-based Prime Group of Companies, the only …
Saudi Arabia Allows Umrah For Immunized Pilgrims In Ramadan
Only pilgrims and worshippers who have been immunized against COVID-19 or have fully recovered from the pandemic will be allowed into the Grand …
Indonesia To Strengthen Halal Management System After Years Of Negligence
Indonesia is getting ready to introduce a stricter anti-bribery management system ISO 37001 to streamline halal processes. Its once …
Is AstraZeneca Vaccine Halal?
There has been a lot of debate recently on whether AstraZeneca Vaccine for the COVID-19 pandemic is halal or permissible for Muslims. Indonesian Ulema …
Indonesian P2P lender ALAMI Buys Shariah Bank
The Sharia-compliant peer-to-peer (P2P) lender ALAMI Technologies has acquired a Sharia rural bank, BPRS Cempaka Al-Amin, in Indonesia, three people …
Saudi Arabia, Malaysia To Strengthen Trade Relations
Minister of Commerce Dr. Majid Bin Abdullah Al-Qasabi has confirmed that the trade relations between the Kingdom of Saudi Arabia and Malaysia have …
Indonesia Fires Head of Halal Agency BPJPH
In a surprising development, Indonesia has fired the Head of Halal Agency BPJPH.
BPJPH was established in October 2017 by the ministry of religious …
Saudi Arabia Extends Support for Hajj, Umrah Operators
Riyadh: Saudi Arabia’s King Salman approved a range of initiatives to assist firms and individuals operating in support of Islamic pilgrimages of Hajj …
Indonesia To Support Takaful Sector To Boost Economic Recovery
Fitch Ratings-Jakarta-04 March 2021: The nascent takaful sector in Indonesia is gaining market share with high long-term growth potential due to low …