by admin | May 25, 2021 | Business Summit, Events, News
Danish Reyaz, Editor Maeeshat Magazine receiving memento in 10th World Halal Conference 2018, in Kuala Lumpur, Malaysia,(File Photo: Maeeshat)
The World Halal Conference (WHC) 2019 aims to foster a robust Halal Economy through global integration and ethical practice
Mumbai: Maeeshat Media, India’s only media house promoting Halal Industries in Asia has again become media partner for the upcoming 11th World Halal Conference 2019, to be held in Malaysia.
The Halal Economy is reaching new heights. Whether it’s fashion, travel, food or finance, the global halal industry is providing opportunities to companies which they just can’t afford to ignore.
Keeping this in view, the 11th World Halal Conference 2019 is being held in Kuala Lumpur, Malaysia, on April 3-4. The World Halal Conference (WHC) 2019 aims to foster a robust Halal Economy through global integration and ethical practice.
The World Halal Conference (WHC) 2019 aims to foster a robust Halal Economy through global integration and ethical practice
The 11th World Halal Conference (WHC), a Thought Leadership platform, has become an established part of the calendar in Malaysia. It is one of government’s strategies to make Malaysia as a global halal hub. WHC 2019 will bring together Head of Governments, academia and captains of industry to explore and deliberate on challenges relating to the development of Halal Economy.
The WHC 2019 is being organised by the Halal Industry Development Corporation (HDC) and hosted by Ministry of Economic Affairs, Malaysia. The Conference and Parallel sessions will be held for two (2) days from April 3 & 4 at Level 1, Malaysia International Trade and Exhibition Centre (MITEC), Kuala Lumpur, Malaysia.
Conference Theme
This year WHC 2019 will feature the theme on Fostering a Robust Halal Economy: Global Integration and Ethical Practise to reflect upon the uncertainties raised in building the future of Islamic Economy and aimed at accelerating competitive and inclusive economies around the world by enhancing the understanding of potentials of an Islamic Economy; facilitating public-private collaboration to improve competitiveness and inclusive growth performance of particular economies and regions; building a foundation to network; and collaborating with stakeholders across the world even in countries where Muslims are the minority.
The Halal industry has always been of paramount importance to Malaysia as a Muslim-majority country. The Muslim population worldwide translates into a rising international demand for Halal products and services. Halal is accepted as a truly global industry and this ever-increasing globalization represents a vibrant opportunity for the global economy.
Nevertheless, it also presents several challenges, to do with global attitudes and rapid technological change, hence it causes important responsibilities concerning the ethical governance and its harmonised regulation worldwide. With the current technology revolution, global integration becomes sudden and borderless. This is where by fostering a true Halal Economy, these challenges can be diminished.
The WHC 2019 is looking forward to taking realization forward to demonstrate that the Halal Economy has a vital role to assume its potential within the wider global economic returns.
Halal stakeholders from more than 50 countries are expected to be present at the 2-day conference. Among diverse participants include Government and Industry leaders, Halal industry players, Media, Academicians and Researchers as well as Business and Trade Associations.
The Indian Muslim Observer – India’s First Online Muslim Newspaper – is also proud to announce its association with the WHC 2019 by becoming one of the Media Partners from India of this prestigious global business event of the Muslim World.
Program
The two-day event will feature components including and not limited to:
Ambassador Session: Leveraging the Halal Industry to Boost Global Integration
Ministerial Panel: Global Halal Economic Revolution
Captains of Industry Panel: Global Halal Industry in 2030 – A Vision
Contribution of Islamic Social Finance Towards Halal Economic Growth
Shaping A Sustainable Halal Ecosystem
Shaping The Future of Halal Healthcare
Emerging Halal Sector Outlook
Business Luncheon
by admin | May 25, 2021 | Business Summit, Events, Muslim World
Gobind Singh Deo
Kuala Lumpur : Malaysia’s Minister of Communication and Multimedia Gobind Singh Deo said more proactive action is needed to fight digital piracy in the country, to ensure that Internet users and media consumers do not take the issue lightly as digital piracy has caused a huge blow to the Malaysian economy.
Gobind made the statements in his address to the Kuala Lumpur Digital Content Anti-Piracy Summit organized Thursday by the Malaysian Communications and Multimedia Commission (MCMC), in collaboration with the Coalition Against Piracy (CAP) and Asia Video Industry Association (AVIA).
The minister said Internet users in Malaysia downloaded a whopping 84 million content files comprising movies and TV shows from BitTorrent, a communication protocol for peer-to-peer file sharing, last year. According to Irdeto, a digital platform security company, Malaysia recorded the second largest share of content piracy in Southeast Asia at 17 percent in 2016, he added.
“Another study found that the number of visits to websites carrying pirated content is twice the number of visits to websites with legitimate content,” he said.
The minister said these illegal activities had caused the entertainment and media industry RM1.05 billion in loss of revenue and the government RM157 million in loss of taxes along with 1,900 job losses.
“Therefore, unless firm action is taken against the perpetrators, these figures are expected to grow on a yearly basis, and we are aware that the creative content industry players have been restless for a support system to strengthen their fight against digital piracy, ” Gobind stressed.
The intellectual property and copyrights were blatantly disregarded when the content was exploited and misused online without due credit to the creators, he said, pointing out that the issue had worsened considerably with the emergence of illicit streaming devices (ISD) in the market.
“The Internet has further intensified content piracy where consumers can also be suppliers of content that do not belong to them, as in the case of peer-to-peer networks.
“The motivation behind pirating is not necessarily for profit but to gain recognition in peer groups, or reciprocating free access to other users, or be rewarded with better services as heavy up-loaders, ” the minister explained.
Since the reproduction and delivery of the pirated content cost little to none, the practice was sustainable and widespread, he said.
Therefore, Gobind urged for collective support and involvement of relevant law enforcement agencies, industry players, Internet service providers and consumer associations to ensure sustainable and continuous efforts were being carried out to curb digital piracy.
During the one-day summit, some 1,000 local and international participants exchanged their views, best practices, and guidelines on how to jointly curb digital piracy.
—AB/UNA-OIC
by admin | May 25, 2021 | Muslim World
Kuala Lumpur : A Malaysian court on Monday postponed the first trial of former Prime Minister Najib Razak, who is facing multiples charges of corruption involving state development fund 1Malaysia Development Berhad (1MDB).
Najib has been charged with a total of 42 counts of corruption and he, along with his associates, are accused of diverting $4.5 billion from the 1MDB sovereign wealth fund.
The Kuala Lumpur High Court was set to start hearings on Tuesday on the seven counts of criminal breach of trust, corruption and money laundering that Najib is facing in connection of 42 million ringgit ($10.5 million) from SRC International, a former unit of state fund 1MDB, allegedly transferred into his personal account.
But an appeal court on Monday approved an application by Najib’s lawyers to postpone the hearings, Xinhua news agency reported.
The scandal was a major factor that contributed to Najib’s historic defeat in the May 2018 elections, when his party, the powerful United Malays National Organisation, suffered its first loss since the country’s independence from Britain.
The 65-year-old, who served as Prime Minister from 2009 to 2018, is accused of diverting 2.6 billion ringgit ($681 million at the time) to private accounts, an undercover investigation by the Wall Street Journal and the Sarawak Report found in 2015.
The Malaysian Anti-Corruption Commission (MACC) formally charged Najib with criminal breach of trust and abuse of power last year, shortly after the polls.
He denies the allegations, claiming the embezzled funds were a donation from a Saudi prince, an explanation that was initially accepted by 1MDB, the MACC and the then-Attorney General, who initially exonerated him. The case was reopened following his defeat in the election.
Najib says he is a victim of political persecution by his mentor Mahathir Mohamad’s government.
Investigators reopened the case after Najib lost the elections, with Mahathir banning his predecessor and his wife, Rosmah Mansor, from leaving the country.
More than 12,000 pieces of jewellery, including 1,400 necklaces, 2,200 rings, 2,100 bangles, 2,800 pairs of earrings, 1,600 brooches and 14 tiaras, as well as cash in 26 currencies worth around 116 million ringgit ($28.5 million), were found at Najib’s home during the investigation.
The alleged embezzlement and laundering of funds diverted from 1MDB were being investigated in half a dozen countries, including the US, Switzerland and Singapore. According to the US Department of Justice, about $4.5 billion was diverted from the 1MDB, $1 billion of which may have been laundered in the country with the purchase of real estate, yachts, jewellery and works of art among other goods.
Najib set up 1MDB in 2009 as a state investment fund to attract investment projects and other developments to the southeast Asian country.
—IANS
by admin | May 25, 2021 | Muslim World
Malaysia Prime Minister Mahathir Mohamad
Kuala Lumpur : Malaysian Prime Minister Mahathir Mohamad on Tuesday unveiled a wide-ranging National Anti-Corruption Plan (NACP), an ambitious plan to make the country corruption free in five years.
Mahathir conceded that introducing new legislation on political funding would be challenging, but said it had to be done to combat corruption.
“Political funding is a big problem because political parties need funding. Without funding, they cannot function,” he said, adding that “the cost of being in politics is very high now and it is getting higher all the time.”
“So, the government wants to look at how political funding should not lead to bribes to parties or the government. It is very difficult, but we will find a way,” the prime minister said at a press conference after the launch of the NACP in Kuala Lumpur.
The plan states that a new act to govern political funding, which will treat lobbying as an offense, will be created within two years. Under the political funding law, parties will be compelled to disclose all their sources of funding, including donations, or they will be liable to punishment.
—AB/UNA-OIC
by admin | May 25, 2021 | Muslim World
Malaysian Foreign Minister Saifuddin Abdullah
Kuala Lumpur : Malaysia’s firm stance on matters relating to Israel will not affect its diplomatic relations with other countries, said Foreign Minister Saifuddin Abdullah.
He said countries that have diplomatic and trade relations with Malaysia were very well aware of the Pakatan Harapan (PH) government’s stance on such issues.
“Our foreign policy is to be friends and to have bilateral trade with all countries, but if on certain occasions, we have some differences in opinions, it should not affect those diplomatic and trade relations,” Saifuddin told reporters after the launch of the Journal of Current Southeast Asian Affairs Special Issues at the Sunway University near here on Monday.
He said this in response to the International Paralympic Committee’s (IPC) decision to strip Malaysia of the right to host the 2019 World Para Swimming Championships following Malaysia’s decision not to allow Israeli swimmers to participate in the championships.
“I know there are questions about why sports are being dragged into becoming a political issue, but the issue of Palestine is not an ordinary political issue, it is an extraordinary issue. It just so happens that it involves sports,” the Malaysian foreign minister said.
On Sunday, the IPC stripped Malaysia of the right to host the event scheduled to be held in Kuching between July 29 and August 4. It said that the Malaysian Home Ministry failed to provide the necessary guarantees that Israeli swimmers could participate in the championships safely and free from discriminations.
–AB/UNA-OIC
