Saudi Banks NCB, Riyad Scrap Merger Talks
Saudi Arabia’s NCB, Riyad Banks end talks to create a mega bank consisting of $200 billion assets, with differences over valuation potentially …
Economy
Dubai Islamic Bank Closes Second Foray Into Global Capital Markets
Dubai Islamic Bank has successfully closed a $750 million five-year Sukuk, its second foray into the international capital markets in 2019.
The deal …
Malaysian Islamic Banks Must Follow Maqasid Syariah Principles
Malaysian Islamic Banks Must Follow Maqasid Syariah Principles, said Anwar Ibrahim, former deputy prime minister of Malaysia.
SEPANG (Nov 19): …
Today`s Economics No More As We Know It
In recent years, the global economic landscape has dramatically shifted, driven by the rise of digital economies, a strong emphasis on sustainability, …
Turkey Agrees to Help Develop Cambodia`s Halal Industry
In a significant step towards strengthening international ties and boosting economic development, Turkey has agreed to assist Cambodia in developing …
Iran to Outlast US Economic Sanctions: American Prof.
TEHRAN (Tasnim) – A professor of anthropology at the University of Minnesota praised Iran’s internal economy as “very robust” and expressed confidence …
Malaysia, A Dominant Islamic Economy Player: The Way Forward
Thanks to its continued efforts starting from 1974, Malaysia has become a dominant player in the global Islamic economy sectors of halal food, Islamic …
Singapore To Develop Most Advanced Halal Hub In Southeast Asia
SINGAPORE – Bernama (April 30): Singapore will have a dedicated halal hub in two years’ time, which is promoted as the most advanced of its kind in …
Indonesia Wants To Boost Its Share Of Global Handicraft Market
Indonesia only holds about 1.26 percent of the global handicraft market, prompting calls for the government to do more to promote local products …
Indonesia Election Puts Islam, Economy On the Ballot
The election campaign for Indonesia’s next president has been dominated by the role of political Islam and the economic conditions prevailing in …
Turkey`s Lira Stumbles Again Local Elections Loom
Turkey’s voters head to the polls on Sunday amid new, widespread worries about their currency, and with much at stake for investors in the …
A New Ethical Development in the Halal Marketplace To Benefit Islamic Economy
Increasingly, young Muslim consumers are imposing exacting, socially and environmentally responsible standards on what they choose to buy
Let’s face …
Indonesia Eyeing To Domainate The Global Halal Industry
Arsianews, Jakarta – Tired of being the world’s largest halal products consumer, Indonesia now wants to be the top producer of shariah-compliant …
IHAF Celebrates 1,000 Days With 32 Member Countries Representing $700 Billion Halal Economy
DUBAI, 4th March 2019 (WAM) — The International Halal Accreditation Forum, IHAF, has announced its latest milestone, having increased its …
Islamic Clothing Market To Be Worth US$88bn By 2025
The global Islamic clothing market is expected to reach US$88.35 billion by 2025, according to a new report by US marketing and consulting firm Grand …
Brunei Asked to Help Boost Economic Collaboration with Malaysia
BANDAR SERI BEGAWAN: Deputy Prime Minister Datuk Seri Dr Wan Azizah Wan Ismail has called on Malaysia and Brunei to take full advantage of existing …
Brunei`s Halal Industry Can Spur Economic Diversification
BANDAR SERI BEGAWAN, Feb. 16 (Xinhua) — According to a recent independent study, Brunei’s thriving halal industry holds significant potential to …
Malaysian Economy Heading Into Dangerous Waters
COMMENT | Close to one-third of Malaysia’s economy is driven by exports, a legacy of learning from Japan.
When Japan was trying to recover from …
Tourism In Turkey Booms As Lira Plummets
TURKEY has once again increased in popularity with British holidaymakers thanks to the crash the Turkish lira in 2018. Tourism was blighted by a …
Saudi Arabia Reviewing Expat Fees Amid Highest Unemployment In A Decade
Saudi Arabia is reportedly reviewing its policy of imposing fees on expatriate workers following an exodus of foreign workers amid rising living …
UAE Tops Arab World In Economic Freedom
The UAE has tied with Bahrain for first place
UAE businesses enjoy the highest economic freedom in the Arab world. This opens a wealth of …
Turkey Urges OIC Nations to Adopt National Currencies for Trade
In response to growing concerns about the dominance of a single currency in the international monetary system, Turkey has once again urged …
Reporting Islamic Economy In the Age of Digital Journalism
Reporting Islamic Economy in the age of digtal journalism has been more interesting and more challangeing all at the same time. The last two decades …
Pakistan Wants To Follow Malaysian Economic Model
Prime Minister Imran Khan, on a two-day official visit to Malaysia, said Pakistan intended to learn from Malaysia’s economic development and progress …