Vietnamese Firms Urged To Enter the Halal Industry
With roughly two billion Muslims worldwide and a growing market for halal goods, Vietnamese businesses might possibly tap into a sizable market, …
Economy
Pakistan Removed From Global ‘Terrorism’ Financing List
The Financial Action Task Force (FATF), a global money laundering and terrorism financing watchdog, on Friday removed Pakistan from a list of …
Indonesia Consistently Shows Trade Surplus
Indonesia has consistently shown remarkable resilience and strategic prowess in maintaining a trade surplus, underlining its position as a dominant …
Malaysia Aims To Be the World’s Halal Industry Hub
Malaysia has been at the forefront of the global Halal industry for the past few decades. Now, it aims to be the leading hub for the global industry. …
What Should be the Future Direction of Islamic Economics & Finance?
Ideas generate knowledge, and research develops and shapes it. But what we choose to explore is often subjective. Hence it is important what questions …
Innovative and Creative MIHAS Awards 2022 Winners Elevate Halal Economy
Friday, 9 September 2022 – The Ministry of International Trade and Industry (MITI) through its agency, the Malaysian External Trade Development …
MIHAS 2022 Opens Its Doors to Trade Visitors
Kuala Lumpur, 9 September 2022 – Malaysia’s position as the world’s leading halal hub received a major boost as the Malaysia International Halal …
The Notion of Halal is Universal, Says Malaysia’s Premier
KUALA LUMPUR
On Thursday, the prime minister of Malaysia said that halal products are popular with consumers of all backgrounds. Because of some …
Halal Economy Succeeds as Product Demand from Muslim to non-Muslim Countries
Frost & Sullivan predicts that by 2030, the global Halal economy’s booming market would be worth $4.96 trillion.
New research by Frost & …
18th Malaysia International Halal Showcase (MIHAS 2022)
This week, thousands of Thais will attend the 18th Malaysia International Halal Showcase (MIHAS 2022). At this event, a Malaysian trade envoy …
Saudi Arabia Renews $3bn Deposit to Pakistan
Saudi Arabia has agreed to renew a $3bn deposit at Pakistan’s central bank to bolster the south Asian state’s depleted foreign reserves as Islamabad …
Top 7 Halal Businesses Muslim Entrepreneurs Must Do
Islam is the second-largest religion in the world, with around 2 billion Muslims. Despite this significant population, nearly 85% of what we consume, …
Soaring Global Food Prices A Wake-up Call For Muslims
Global food prices are soaring everywhere in the world. Profit margins for farmers are becoming thinner. It must be a wake-up call for Muslims the …
How is Indonesia Helping Grow Sectors of Islamic Economy
Indonesia’s Ministry of Cooperatives and Small and Medium Enterprises is encouraging the potential for developing the Islamic economy in the …
Which Are the Top 10 Muslim Economies in 2024?
Have you ever wondered about the top 10 Muslim economies worldwide in terms of GDP? What are their major exports and imports? What challenges do these …
Vietnam To Strengthen its Halal Industry
Hanoi- A conference on promoting international cooperation for developing Vietnam’s Halal industry was held by the Ministry of Foreign Affairs in …
Has Makkah Become a City for the Rich Only?
Makkah is THE holiest place for Muslims all over the world. Every Muslim is obligated to visit Makkah to perform Hajj at least once in their lifetime …
Prices of Processed Foods Could Drop As the UK and GCC Start Free Trade Talks
While on one hand, a UK-GCC free trade deal could significantly aid British farmers and producers, on the other hand, it could also be extremely …
Palestinian Economy Still Suffering One Year After Attack
The Magic Pizza has a very short history – compared to most restaurants. Opened in July 2020, it was destroyed during Israel’s May 2021 attack on …
Can Islamic Microfinance Help Reduce Poverty?
Islamic Microfinance – the lending of relatively small amounts of money to consumers, small businesses, or sole traders without interest – improves …
How Do GCC Countries Benefit from Higher Energy Prices?
Just two years ago, the Gulf oil economies were issuing record debt to cope with the massive oil market downturn caused by the pandemic lockdowns. …
Is Pakistan A Normal Economy?
Is Pakistan a normal economy? That is the title of a research article written by a Pakistani economist, Shahid Yusuf. The reason we wanted to share …
Saudi Economy to Grow 7% in 2022 Surpassing Other GCC Countries
Saudi Arabia’s economy is expected to grow 7% in 2022, ahead of other GCC member countries, according to the Global Economic Update report by the …
Can Islamic Finance Help Control Inflation?
The COVID-19 pandemic, the war in Ukraine, and recent global supply chain disruptions have forced commodity and food prices to go up almost …