By Mariam Anwer, THE fragrance of the blessed month of Ramadan is already in the air and almost everyone has started feeling the slight sensation of excitement that this blessed month brings with it. Isn’t it amazing how we look forward to this month with such...
By Saif Alam Siddiqui, Maeeshat News: Over the past two decades, Halal has been transformed from an exclusive niche market for Muslim consumers into a dynamic global market phenomenon that shows every indication of playing a significant role in global trade in future...
India being the third largest economy in Asia spends only 4.2% of its annual GDP on health care, among which only 1.2% on public health spending. Being the world’s fastest growing population is that enough? Well, I guess we don’t even need an answer to that question....
Jakarta (IINA) – Indonesia is to cooperate with the Islamic Development Bank (IDB) Group in financing several infrastructure programs, one of which concerns the improvement of slum areas, Jakarta Post (JP) reported. The two sides will sign a member country partnership...
Dubai, (IINA) - Emirates Islamic Bank (EIB), one of the leading Islamic financial institutions in the UAE, and Natixis, a leading financial institution headquartered in France, announced the completion of a $50 million Collateralized Murabaha deal on Sunday on the...
Amman (IINA) – German scientists have revealed that fasting has positive impact on the human body, especially on fatty liver disease, the most common liver disorder worldwide. Scientists at Helmholtz Zentrum München were able to show that upon deprivation of food a...
Jeddah (IINA) – Saudi Arabia has proposed Bandar Hajjar, former minister of Haj, as the new president of the Islamic Development Bank (IDB) Group. Hajjar will replace Dr. Ahmed Muhammad Ali, who has been serving as the president of IDB for most of the period ever...
Dubai Islamic Economy Development Centre (DIEDC) and the Emirates Authority for Standardization and Metrology (ESMA) hold a signing ceremony after approval of the International Halal Accreditation Forum (IHAF) by the government of UAE. The foundation members include:...
KUWAIT: Kuwait International Bank (KIB) adds a new achievement to its track record after receiving the “Best Islamic Bank in Kuwait” for 2016 Award from World Finance for the third consecutive year. KIB was rightfully awarded by the specialized and most reputed...
Cape Town – A recent study has revealed that in 2015 the estimated total Muslim visitor arrivals were 117 million representing close to 10% of the entire travel economy. This is forecasted to grow to 168 million visitors by 2020 and 11% of the market segment. South...