Islamic Financial Planning: A Comprehensive Guide Article contributed by Arslan Hassan With an estimated population of 1.9 billion followers, Islam is today’s fastest-growing religion (Pew Research Center). As an Abrahamic monotheistic faith, Islam’s holistic teachings go beyond mere acts of worship. Their scope extends to areas as trivial as eating habits and as significant as …
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Nigeria’s domestic halal market is booming, ranking as the world’s eighth-largest with a 2022 spending of US$107 billion. Expected to grow to US$180 billion by 2027, the Nigeria Halal Economy Report 2023 provides a blueprint for enhancing Nigeria’s halal industry. Key strategies include simplifying trade regulations and leveraging technology in agriculture. The report suggests that …
Strengthening Global Halal Integrity: SFDA and JAKIM’s Landmark Agreement In a significant move to enhance the integrity of the Halal certification process, the Saudi Food and Drug Authority (SFDA) and the Malaysian Department of Islamic Development (JAKIM) entered into a groundbreaking memorandum of cooperation. This agreement marks a pivotal step in the mutual recognition of …
Foodery, a venture dedicated to serving Halal food, has been relaunched with a renewed commitment to quality, reliability, affordability, and nutrition. The founder, Azam Jaafari, identified a gap in the market for high-standard Halal options in 2016 and created Foodery to fill this void. The service is more than just food delivery; it’s a brand …
This is the 10th edition of the State of the Global Islamic Economy (SGIE) Report. In the ten years of covering this space, the global Islamic economy has grown from a $1.62 trillion consumer spending market, estimated in 2012, to $2.29 trillion in 2022. It has been driven by a young and fast-growing global population …
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The memorandum of understanding between the Republic of Türkiye and the State of Qatar to enhance cooperation in the field of halal quality infrastructure was signed on October 14, 2022, at a ceremony hosted by President H.E. Recep Tayyip ERDOĞAN, during the visit of the Emir of Qatar, H.E. Tamim bin Hamad Al THANI. With …
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