halaleconomy

SINGAPORE: The Islamic Religious Council of Singapore (MUIS) said that it “holds the position that a COVID-19 vaccine is permissible for Muslim use”.”We would advise and…

SYDNEY: Somali-American model Halima Aden, a trailblazer in the fashion industry, has decided to quit modeling after feeling she’s had to compromise her faith. Aden…

WELLINGTON: A rental company in Orlando, Florida is offering “halal vacation homes” with curtained pool decks and rooms with prayer mats and copies of the…

LONDON: When Kerim Ture was first building his online fashion retailer for Muslim women, would-be investors would make Islamophobic jokes. “They would say: ‘Let me…

TALLINN:The first Tatar tea house with halal food Tatari Chaihana & Restoran has opened in Tallinn on the iconic street of Tatari tänav. The initiators…

HOUSTON: South African spicy chicken is sweeping across Texas. In the past decade, the number of peri peri restaurants in the state has jumped from…

DUBAI:  The Dubai Airport Freezone Authority (DAFZA) hosted a webinar to highlight the growth opportunities in the Islamic economy. The webinar took place after the…

COLOMBO: Prime Minister Mahinda Rajapaksa submitted a proposal that legislates against the slaughter of cattle across the island nation – a decision that could inflame…

DUBAI: The Halal economy is estimated to be worth $3.2 trillion by 2024, according to the newly launched second edition of the Halal Guidebook titled…

LONDON: London-based Saima Duhare launched recipe box start-up Halal Fresh in April 2019. Close to 18 months on, and the ‘one woman band’ business is…

NEW YORK:  Tauriga Sciences, Inc, a revenue generating, diversified life sciences company, with a proprietary line of functional “supplement & chewing gums (Flavors: Pomegranate, Blood…

MADRID: The Alhambra is a hilltop palace at the foot of the Sierra Nevada mountains that was originally built for military purposes but, nearly seven…

SAO PAULO: Brazil has great potential to supply the Muslim market beyond just beef and poultry, with options including value-added items in cosmetics, pharmaceuticals, food,…

NEW YORK: It’s barely daybreak and Migrant Kitchen NYC is already in full swing. To the uninitiated, it looks like chaos. To the company’s co-founder,…

JAKARTA: With Hajj trips off this year, Indonesian tour firms seek to make domestic offerings more Muslim-friendly. Indonesia is gradually getting back to business with…

NEW YORK: Nathan’s Famous, Inc., the American tradition serving New York favorites for more than 100 years, has announced it has signed a licensing, manufacturing…

KUALA LUMPUR: Domestic corporate sukuk are in a better position than during the global financial crisis or the Asian financial crisis supported by moderately leveraged…

Islamic finance refers to the means by which corporations in the Muslim world, including banks using the EIBOR rates, and other lending institutions, raise capital in accordance with Sharia, or Islamic law. It also refers to the types of investments that are permissible under this form of law. A unique form of socially responsible investment,…

KUWAIT: Kuwait Finance House (KFH), the world leading Islamic financial institution, won the Euromoney Award for Excellence Country 2019 – Best Bank in Kuwait. KFH…

SINGAPORE: HAWKER centres in Singapore are a mirror of the city’s muticultural society, it is where you can find all sorts of local cuisines ranging…

JEDDAH, March 2019: The Islamic Research and Training Institute (IRTI) of the Islamic Development Bank (IsDB) Group is to collaborate with Jeddah-based Effat University to…

Dubai, June 2019: For the promotion of Halal industry the role of Islamic finance is very important. With the support of Islamic banking and finance…

ABU DHABI, June 2019: Abu Dhabi Islamic Bank (ADIB), a leading financial institution, has received the award for ’Best Islamic Bank in the Middle east…

DUBAI:  Hamdan Bin Mohammed Smart University (HBMSU) has reaffirmed its commitment to building bridges of knowledge, cultural, and economic exchange with China by organizing the…

MUSCAT: Al Yusr, the Islamic Banking Window of Oman Arab Bank (OAB), recently hosted the signing ceremony for the financing of the 4-star Movenpick hotel…