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Sukuk Auction Failures Send Indonesia Overseas: Islamic Finance

The failures of 10 rupiah Sukuk auctions this year are prompting Indonesia’s finance ministry to revive demand for its Islamic debt by tapping international investors and possibly changing its sales practices.

Filed Under: News Articles

An abundance of opportunities in Malaysia’s prestigious food and beverage trade fair!

Grasp the panoramic journey of agriculture, food and beverage affair during this year’s 11th Malaysia International Food and Beverage Trade Fair (MIFB) at the Putra World Trade Centre (PWTC) Kuala Lumpur, Malaysia from 22 to 24 July 2010. Themed as "Serving You a Multi-billion Dollar Global Marketplace", the Trade Fair jointly organised by Kumpulan Utusan and Expomal International Sdn Bhd reflects and reinforces the size and magnitude of the food & beverage industry. Whilst featuring the entire spectrum of the Malaysian indigenous food and beverage products and services and at the same time facilitates foreign producers to merge into the domestic, regional and world’s food marketplace.

 

Establishment of Halal Research Council in Pakistan

Halal Research Council (HRC) has been formed for the promotion of Halal Food Market in Pakistan which will provide research, counselling and Halal certification with the collaboration of Chamber of Commerce and Industry Pakistan, Trade Association of Pakistan and many other International organizations for the field of Halal Food. Head office if HRC has been launched in Lahore and its other branches are working in Karachi and Multan and it has its working Strategic Partners in South Africa, Malaysia, Kazakhstan and Mauritius. In spite of the factor that being a Muslim state, Pakistan is getting a very small share from the export of Halal Food Certification. Only Brazil and India has 75% share in export of Halal Food of Middle East. Hopefully, with the establishment of Halal Food Market in Pakistan, our export percentage will elevate with a rapid extend.

 

Greater Awareness on Importance of Halal Certificate in Sarawak

There is now greater demand for the 'Halal' (permissible) certificates which had been issued by the Sarawak Islamic Religious Council (MAIS) since Dec 2004 by local companies intending to penetrate markets outside Sarawak and abroad.

 

International Conference & Expo on Halal Industry

The International Conference & Expo on Halal Industry is scheduled for 9th August, 2010 at Expo Centre, Lahore – Pakistan.

Filed Under: Products & Services

EBLEX export conference success

Beef and lamb producers looking to export were given an insight into how to exploit the available opportunities at the EBLEX Export Conference.

Filed Under: Products & Services

Bank Negara Aims For Greater Harmonisation in Islamic Finance

Bank Negara Malaysia is committed to undertake research to develop Syariah parameter references in its effort to achieve convergence and harmonisation of Islamic financial practices.

Filed Under: News Articles

DPIM Proposes Halal Auditing Concept

The Muslim Chamber of Commerce (DPIM) has proposed that the Malaysian Islamic Development Department (Jakim) and the government implement the Halal auditing concept.

 

Maybank Islamic Expects Strong Growth in Deposits, Financing

Maybank Islamic Bhd expects strong growth of between 20 and 30 per cent for both deposits and financing for financial year ending June 30, 2011 in line with an improved economic environment.

Filed Under: News Articles

Takaful growing 35pc faster than conventional insurance worldwide

Takaful is growing 35 percent faster than conventional insurance worldwide with over 133 Takaful operators and $4.3 billion market size, which is expected to surge by $8 billion by 2012, senior officials said.

Filed Under: News Artcles

 

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