Sunday 16 December 2018
 
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Halal

UAE, Indonesia sign MoU to support halal industry

The Emirates Authority for Standardisation and Metrology (Esma) has signed a memorandum of understanding (MoU) with Indonesia’s National Standardisation Agency (BSN) and National Accreditation Committee (KAN) to officially recognise halal

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Islamic economy contributes over 8pc of Dubai’s GDP

Islamic economy generates 8.3 per cent of Dubai’s gross domestic product (GDP), according to Dubai Statistics Centre, a strategic partner of Dubai Islamic Economy Development Centre (DIEDC), a media report said. This was ann

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Islamic economy contributes over 8pc of Dubai’s GDP

Islamic economy generates 8.3 per cent of Dubai’s gross domestic product (GDP), according to Dubai Statistics Centre, a strategic partner of Dubai Islamic Economy Development Centre (DIEDC), a media report said. This was ann

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UAE leads Arab markets in Islamic fintech

UAE leads Arab markets in Islamic fintech, following Malaysia and the UK in terms of the number of Islamic fintech start-ups per market, according to new analysis from Bloomberg, a global business and financial information and news leader.

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Dafza launches new strategy to attract FDI

The Dubai Airport Freezone Authority (Dafza) has launched a new strategy to help attract more foreign direct investments (FDIs) to the sectors and support the ‘Dubai - Capital of Islamic Economy’ initiative. Launched b

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Islamic finance assets to surge to $3.8trn by 2022

The assets of the Islamic finance sector, which were estimated at over $2 trillion in 2016, are expected to surge to $3.8 trillion by 2022, said the State of the Global Islamic Economy Report 2017-2018 issued by the Dubai Islamic Economy Develop

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Global halal food market poised for solid growth

The global halal food market has registered a strong growth over the past decade with an estimated value of $667 million, representing almost 20 per cent of the overall global food industry, according to a report. When taking into

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Halal travellers 'top international tourism spenders'

Muslim travellers are the biggest spenders when it comes to international travel, with studies showing a halal traveller spending about $10,410 on average per trip outside the Gulf. Halal tourists are proven to travel with more fa

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UAE’s $144bn Islamic bank assets ‘will boost Halal sector’

The UAE’s Dh528.6 billion ($144 billion) Islamic banks’ assets will help fuel the growth of the country’s Halal sector, according to research conducted by Orange Fairs and Events, organisers of the Halal Expo Dubai, which opens

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Malaysia recognises UAE halal products control systems

Malaysia has officially recognised the 'UAE Halal Products Control System', national certificates and the national Halal mark, which will facilitate the trade of UAE halal products and ensure acceptance in Malaysian markets, as well as m

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