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Dubai Group rethinks Malaysian Bank Islam stake

Dubai Group, an state-owned investment vehicle is reviewing options for its stake in Malaysia's Bank Islam as it shifts its strategic focus closer to home.

Filed Under: News Articles

Entry of China’s ICBC bank to boost regional trade

China’s largest lender Industrial and Commercial Bank of China’s (ICBC) intention to expand its footprint in South-East Asia has created excitement among local economists and analysts, who say the move will bolster trade and cross-border transactions in the region.

Filed Under: News Articles

MISC launches second Halal service

MISC has begun the second of its Halal Express services, operating six 4500 teu vessels on a 42-day round voyage between Dammam and Japan. The line launched the first service in 2006 using four 1200 teu ships, and emphasised its compliance with Islamic standards for foodstuffs.

Filed Under: Products & Services

Manufacturing sector draws more investors from China

More Chinese investors are investing in the Malaysian manufacturing sector, following both governments' efforts to foster closer business ties, International Trade and Industry Minister Datuk Mustapa Mohamed says. Between January and June this year, approved investment projects with Chinese interest totalled RM150.3 million and manufacturing projects with participation from China were mainly in the basic metal, rubber products and transport equipment sectors.

Filed Under: Market Trends

ISRA signs MoU with Kuwait Finance House-Malaysia to Translate and Disseminate Three Decades of Shariah Resolutions

International Shari’ah Research Academy for Islamic Finance (ISRA), signed a Memorandum of Understanding (MoU) with Kuwait Finance House (Malaysia) Berhad (KFH-Malaysia) during the opening ceremony of International Shari’ah Scholars Forum 2009 (ISSF’09).

Filed Under: News Articles

Only the best for its customers and yours!

Since its incorporation in 1989, as a fully-owned subsidiary of Farm’s Best Berhad, the poultry producer has built a reputation as a prime supplier of quality poultry products under the Farm’s Best label. The company’s success can be attributed to its philosophy of delivering only the best to its customers.

Filed Under: Business >> Company Feature >> Achievements

Premium Halal cosmetics launched in Malaysia’s departmental store

Premium Halal cosmetic products branded Jerneh by Sheila Majid was created, formulated and produced based on Dato’ Hajjah Sheila Majid’s philosophy – Safe & Simple, Halal, Effective, Innovative, Luxurious and Affordable. Previously only available online for purchase, this brand of Halal cosmetics is now available in Malaysia’s departmental store called Parkson in the Sunway Pyramid shopping centre.

Filed Under: Business >> Products & Services

Beyond the Malaysian Twin Towers: Mobilisation Efforts of Cash-Waqf Fund at Local and International Levels for Development of the Islamic Ummah Social Infrastructure and Establishment of World Social Bank – Part 3 of 3

Part 1 of this series introduced the Islamic Voluntary sector and Bangladesh’s Cash-Waqf Certificate; the second part covered the objectives and implications of the Cash-Waqf Certificate, introduced an interesting area of economic analysis of resource allocation in public finance, and highlighted the operational guidelines of this scheme as operated in three Islamic Banks in Bangladesh. The third part will close this series with 32 purposes of utilisation of the Cash-Waqf fund, challenges of introducing this scheme to Bangladesh, Indonesia, and the US, as well as recommendations for the way forward, among others.

 

Filed Under: Islamic Finance >> Cash Waqf

CAFTA to Boost Brunei-China Trade

Trade between Brunei and China is bound to increase manifold "with the free flow of goods, services, capital and human resources between China and Asean economies" following the establishment of China-Asean Free Trade Area (CAFTA) next year.

Filed Under: Trade & Investment

AMC leads Halal incursion into China

Asia Management & Consultancy Sdn. Bhd. (AMC), a Malaysian private limited company, is one company that looks to China as a haven to push the Halal initiative. According to CEO Jerry Yap, the company is gearing up to co-organise the first China (Yiwu) Halal Food and Muslim Products Expo with Xi’an Muslim Business Chamber of Commerce and China Tongyuan Co., Ltd, on 18 to 20 November 2009. 

Filed Under: Certification >> Training

 

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