LONDON: Gone are the days where “halal” shopping referred only to a trip to the local butchers to ask for a special cut. Muslims across the world are increasingly product-savvy, seeking out the latest consumer products that also fit their religious beliefs, spelling a boom in the so-called Islamic economy. The year ahead ushers in trends for modest garb for …
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RIYADH — The government is currently considering to allow expatriates to invest in free trade against an annual income tax of about 20 percent, business daily Al-Eqtisadiah reported on Sunday. A number of transactions were limited to the Saudis, which gave rise to the phenomenon of tasattur (doing business in the name of Saudis against certain fees) that has caused …
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Mamuju, West Sulawesi, 4 Rabi’ul Awwal 1436/26 December 2014 (MINA) – Indonesia is set to become the world largest cocoa producer in 2020 relegating the Ivory Coast currently the largest in the world. The regional administration of West Sulawesi said they was ready to boost its cocoa production to realize it. The central government has set aside a large budget …
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Dubai, 7 Rabi’ul Awwal 1436/29 December 2014 (MINA) – From travel guides to shopping portals, new Internet ventures aim to capitalise on the growing “Muslim lifestyle” market, which is expanding beyond food to include areas such as tourism, fashion and credit cards. Excluding food, where “halal” dietary restrictions must be followed, most of the world’s 1.6 billion Muslims are content …
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French start-up is hoping to take a slice of the multi-billion Halal food market with a device allowing diners to find out within minutes whether a dish contains pork. Capital Biotech has received orders from as far afield as Turkey, Chile and Indonesia for its “Halal Test” which tests within 10 minutes whether a food contains pork meat, forbidden for …
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