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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Muslim or halal travel is becoming a big business, and countries beyond the Muslim world have begun to develop strategies to attract these typically high-spending travelers from around the world. These include catering to their halal food habits, prayers habits and other modesty requirements that come with the religion. According to Thomson Reuters’ first “State of the Global Islamic Economy …
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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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November 13, 2014 "ICH" – "Zero Hedge"- The march of global de-dollarization continues. In the last few days, China has signed direct currency agreements with Canada becoming North America's first offshore RMB hub, which CBC reports analysts suggest "could double maybe even triple the level of Canadian trade between Canada and China," impacting the need for Dollars. But that is …
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The Prophet Muhammad (peace be upon him) is reported to have said that Muslims are not to undertake journeys except to three mosques: Masjid al-Haram in Mecca, the Prophet's mosque in Medina and Masjid al-Aqsa in Jerusalem. This hadith amongst others illustrates the importance of visiting Jerusalem and its holy precincts and so the question remains: why are so few …
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Sri Lanka now has another distinction to its credit. It has produced the youngest holder of the Islamic Finance Qualification (IFQ) offered by Chartered Institute for Securities & Investments (CISI) – Majid Ikram Thowfeek, at only 16 years. Majid is now an Associate Member of the Chartered Institute of Securities and Investments (CISI), UK. His success in IFQ has inspired other young people …
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