Category: Business, Banking & Finance
Thailand to export halal food to Saudi Arabia after restoration of diplomatic relations
BANGKOK: The Ministry of Commerce is going to roll out export plans for chicken and halal food for the Saudi Arabia market after the Middle…
Indonesia’s halal export potential reaches US$3.6 billion
JAKARTA: Deputy Minister of State-Owned Enterprises Pahala Nugraha Mansury has said that the potential for Indonesia’s halal product exports has reached around US$3.6 billion. “We also…
The future is bright for Islamic banking in Asean
KUALA LUMPUR: ASEAN is powering the global growth of Islamic banking, thanks to world-leading innovation and strong demand. The success of Islamic banking will…
Halal industry identified as key area of collaboration between ASEAN and GCC Countries
DUBAI: The halal industry is a high-potential avenue where companies in the UAE, GCC and Association of South East Asian Nations (ASEAN) can boost trade…
Indonesia’s halal industry gains momentum amid pandemic
JAKARTA: Indonesia, the world’s most populous Muslim-majority nation, is focusing on developing its halal industry to meet domestic and global demand in light of trends…
The 11th Global Islamic Finance Awards celebrates outstanding market leaders in Islamic finance
Ma’ruf Amin, Vice President of the Republic of Indonesia LONDON: The global Islamic financial services industry had assets under management worth around US$2.941 trillion at…
Indonesia’s ranking in Islamic finance jump six spots but major challenges remain – Business
JAKARTA: Indonesia’s Islamic finance rank has improved exponentially this year, but challenges remain to further develop the sharia economy. Based on the 2019 Islamic Finance…
Is this stock halal? Islamic finance charts high-tech future
JAKARTA: “Is it halal to buy shares in Tesla?” a young Muslim would-be investor asks on Twitter. Islamic finance – an amalgamation of Sharia law…
Why Non-Interest Finance Market will Continue to Attract New Players in 2022
LAGOS: Despite global economic uncertainties, the Islamic Finance industry will continue to attract new players in 2022 and beyond, creating more value and supporting economic…
Wahed debuts first Shariah-compliant and ESG-Aware ETF on Nasdaq
NEW YORK: Wahed, a financial investment company that aims to advance financial inclusion through accessible, affordable, and values-based investing, will debut the Nasdaq’s first Shariah-compliant…