Event Reviews
KAZAKHSTAN: The Astana Statement on the 7th WIEF
The 7th World Islamic Economic Forum (WIEF) was held in Astana, Republic of Kazakhstan from 7-9 June 2011, amidst challenging global conditions. Highlighting the theme “Globalising Growth: Connect, Compete, Collaborate”, the Forum focused on building a consensus on practical and innovative approaches to address socio-economic imperatives impacting the Muslim world. The Forum recommended the adoption of eight key priorities to achieve the Forum’s theme of ‘Globalising Growth’ to realise both sustained growth and equity...
Filed Under: World Islamic Economic Forum
KAZAKHSTAN: 7th WIEF witnesses signing of commercial agreements between Malaysia & Kazakhstan companies
Four commercial agreements, among others, were signed during the 7th World Islamic Economic Forum (WIEF) between Malaysian and Kazakhstan companies, an encouraging sign of further collaborations between companies in the two countries.
Filed Under: World Islamic Economic Forum
KAZAKHSTAN: Islamic Banking and Finance in Emerging Markets – Seizing Opportunities, Overcoming Challenges
Keynote Address by His Royal Highness Raja Nazrin Shah (Crown Prince of Perak, Malaysia) at the 7th World Islamic Economic Forum, Kazakhstan, on Islamic Banking and Finance in Emerging Markets – Seizing Opportunities, Overcoming Challenges.
Filed Under: World Islamic Economic Forum
THAILAND: Thaifex – World of Food Asia serves up an international gastronomical fare
Over 1,000 exhibiting companies from more than 25 countries set to showcase the latest in food and beverage products and services in Southeast Asia’s largest trade fair for the industry. From 25th till 29th May 2011, a smorgasbord of international food and beverage producers, culinary experts as well as leading exporters and buyers will congregate at IMPACT Exhibition Centre, Bangkok, Thailand for Thaifex – World of Food Asia 2011. Over 22,000 attendees, an increase of 2.8 percent from the year before, are expected to enjoy five delectable days of networking and discussions on the latest issues and innovations in the food and beverage business.
Filed Under: THAIFEX
MALAYSIA: Halal economy plan gets the thumbs up from the world
The initial steps towards the convergence of the Halal and Islamic Finance industries open up the market from both sides heading towards a volume bigger than eyes. The convergence of these two Shariah-based industries forms a strong economic platform that is built on a set of shared values -values that will play an increasingly strategic role in shaping global markets in the coming decade, hence the theme for WHF 2011 was: “Towards a Halal Economy: The Power of Values in Global Markets”.
Filed Under: World Halal Forum 2011
MALAYSIA: World Halal Forum’s integrated Halal economy plan gets the thumbs up from the world
The 6th World Halal Forum (WHF) provided the platform for fundamental change within the global Halal industry yet again, with several important announcements and launches held over the two days, from 4th to 5th April. Based on feedback from over 600 delegates who came from over 40 countries, this year’s WHF hit the right note by converging Islamic Finance and the Halal Industry, into one integrated Halal Economy. This positive response is a promising step forward for both industries to work closer together to elevate the Halal economy, with Islamic Finance as the key driver in this new world economy that seeks to serve 1.8 billion Muslims worldwide.
Filed Under: World Halal Forum 2011
MALAYSIA: The 6th World Halal Forum creates a notable paradigm shift
World Halal Forum, the Halal industry’s premier event opened with over 600 delegates from over 40 countries at Kuala Lumpur Convention Centre today. This international forum which is held in Malaysia annually marked the start of “Halal Malaysia Week”, a week-long series of Halal industry events. Tun Abdullah Ahmad Badawi, Former Prime Minister of Malaysia and a strong advocate of the global Halal industry delivered the keynote address at the Opening Ceremony.
Filed Under: World Halal Forum 2011
MALAYSIA: Forum to highlight Halal trade
Over the past four decades, Islamic banking has emerged as one of the fastest growing industries at an estimated growth rate of 15-20% per annum. It has spread to all corners of the globe and received wide acceptance by both Muslims and non-Muslims. The global market value for trade in the Halal industry has grown exponentially over the last few years.
Filed Under: World Halal Forum 2011
World’s first Halal Index to be launched at the 6th World Halal Forum!
A first of its kind ‘Halal Index’ will be unveiled at the upcoming World Halal Forum (WHF) 2011, which will serve to position Halal as a new Asset Class within Islamic Finance. The Halal Index will comprise of over 200 publicly-listed food producers in the Muslim world with a combined market cap of over USD100 billion. This launch is in line with the new direction for World Halal Forum, which will look into the convergence of two massive industries – Islamic Finance and the Halal sectors – into one single Halal Economy estimated to be worth in the trillions of US Dollars. The theme for WHF 2011 is “Towards a Halal Economy: The Power of Values in Global Markets”.
Filed Under: World Halal Forum 2011
WHF aims to bring a renewed spirit of creative vision and inspiration to the Halal market
As we enter a new decade, the World Halal Forum recognise the formulation of a new chapter of development for the Halal sector. In the words of the Malaysian Prime Minister, YAB Dato Seri Najib Tun Razak, “We need to think beyond industries and move into the larger realm of a Halal Economy…a value-based economy rooted in trust, integrity and fairness”. The twin pillars of this Halal Economy are the Halal products sector and the Islamic Financial services sector. The convergence of these two Shariah-based industries forms a strong economic platform that is built on shared set values that will play an increasingly strategic role in shaping global markets in the coming decade.
Filed Under: World Halal Forum