Home  | About Us | Feedback  rss   
 

Business Strategies for the Muslim World
  
 
Oct/Nov 2008: Dhul-Qi'dah/Dhul-Hijja 1429: Issue 28 
 

 

Home /

LATEST INDUSTRY NEWS BRIEFS:  rss
Muslim Lifestyle Market news from around the world - updated every two weeks

Aug 16th - 29th, 2008

Edited by Zainab Mansoor


Telecom Services

Nokia Offers Ramadan Content

Company: Nokia
Country:
Category: Telecom Services
Industry: Telecommunication

Nokia is offering a special free Ramadan service that includes access to the Holy Quran from its select phones. Other elements include Emsakya, Ramadaniat and Mozzaker.

Additionally users can also navigate locations of major mosques in Saudi Arabia, UAE, Egypt, Morocco, Jordan, and Pakistan using the Nokia Maps service. In 2007, 14% of Nokia's global net sales came from the Middle East and Africa showing the regions importance to Nokia.

Nokia Ramadan
One of Nokia's Ramadan Service screens.

External Links:
Business 24-7

Nokia Middle East

Food & Beverage

China to sponsor International Halal Food Festival

Country: China
Category: Halal Food
Industry: Food & Beverages

China recently announced plans of conducting an international festival for Halal Food and Commodities. The theme of this festival is to foster halal products and to create a forum for bringing together all major international partners for halal food and Islamic commodities. The 4-day festival will also hold an investment trade fair.

External Links:
Radiance Weekly

APP

-----------------------------

Thai Restaurants urged to meet Muslim standards

Country: Thailand
Category: Halal Food
Industry: Food & Beverages


In an effort to meet Muslim standards and improve the quality of food, Thai restaurants are urged to beef up their processes and facilities. So far, only 30 restaurants meet the Halal Food Services standard for Tourism, provided by the Tourism Authority of Thailand and the Halal Standard Institute of Thailand. The other restaurants/food outlets are being requested to follow suite, in order to bolster Thailand's tourism & promote Muslim visitors.

External Links:
Bangkok Post

Education

Islamic Book Fair Inaugurated in Hyderabad, India

Country: India
Category: Islamic Education
Industry: Academics


A unique book fair, organized by Huda Book distributors was held in Hyderabad, India in which participants from Pakistan, UK, Malaysia, Sri Lanka, Saudi Arabia, and Beirut etc sent in their volume of books for display. The Holy Quran was also available in all Indian regional languages for people keen to know more about Islam.

External Links:
Siasat

Insurance

Malaysian Reinsurer set to enter new markets

Company: MNRB Retakaful Bhd
Country: Malaysia
Category: Islamic Finance - Insurance
Industry: Insurance


Malaysian based Islamic reinsurer MNRB Retakaful Bhd is all set to enter relatively untapped markets such as Middle East, Pakistan, South Africa etc to offer Sharia compliant products. Business is expected to be initiated in Saudi Arabia, Kuwait and the Gulf by end of this year. Currently, its overseas markets include Indonesia, Brunei and Sri Lanka.

External Links:
Economic Times

Banking

Bahrain Islamic Bank introduces Sharia'a Compliant Credit Card

Company: Bahrain Islamic Bank
Country: Bahrain
Category: Islamic Finance - Banking
Industry: Banking


Bahrain Islamic Bank recently launched its Islamic Visa credit card, fit to meet all customer requirements of different income brackets. The credit card, approved as a Sharia'a compliant product comes in 3 different credit categories and offers various other discounts/incentives to its cardholders.

External Links:
AME Info

-----------------------------

Arab Bank deploys Misys Islamic banking software

Company: Arab Bank
Country: Jordan
Category: Islamic Finance - Banking
Industry: Banking


Arab Bank recently deployed the Misys Islamic banking solution, providing unprecedented corporate banking services to its customers. It further plans to deploy this banking solution across all its operations in the GCC market. This comprehensive Islamic banking software will further boost the bank's efforts to conduct sharia'a compliant retail operations.

External Links:
Marketwatch

-----------------------------

Qatar Islamic Bank to initiate Insurance Unit

Company: Qatar Islamic Bank
Country: Qatar
Category: Islamic Finance - Banking
Industry: Banking


Qatar Islamic bank recently announced plans of initiating an insurance company offering sharia'a compliant insurance products. The headquarters of the insurance firm are yet to be decided by the management of the bank.

External Links:
The Peninsula Qatar
Zawya

-----------------------------

Tradition initiates Islamic/capital market operations in Dubai and London

Company: Tradition
Category: Islamic Finance – Trading & Brokerage
Industry: Financial Trading & Brokerage


The world's leading brokerage firm, Tradition recently launched its Islamic and capital markets desk in Dubai and London. It will initiate broker operations for trading Islamic bonds, inter-bank money market transactions, swaps etc. This initiative is due to the collaboration between Tradition in London and Asia & is licensed by Dubai Financial Services Authority.

External Links:
MENA FN

Fashion

International Islamic Festival to showcase top sub continental designers

Country: Malaysia
Category: Islamic Fashion
Industry: Clothing & Fashion


The international Islamic Festival to be held in Malaysia this year would see some of the finest sub-continent designers and their collection. The fashion show with the theme 'Discover the beauty of Modesty' will showcase the collection of various designers from Singapore, Indonesia, Dubai, Pakistan, Bangladesh and Iran. Through the event, Malaysia would promote itself as the pioneer in Islamic fashion.

External Links:
Economic Times

----------------------------

Iranian Authorities conduct Islamic Fashion Show for women

Country: Iran
Category: Islamic Fashion
Industry: Clothing & Fashion


Iranian authorities recently held a fashion show to promote appropriate Muslim attire as per the Sharia'a laws. The theme of the event was to promote and showcase women outfits which were compliant with the Islamic principles.

External Links:
AdnKronos


Tourism

Emirates Airline to launch offers/packages during Ramadan

Company: The Emirates Group
Country: United Arab Emirates
Category: Islamic Tourism
Industry: Tourism

Living up to its tradition, Emirates Airlines is planning to offer special holiday packages to passengers flying to Dubai to celebrate the Holy Month of Ramadan. The special offer, valid during the month of September includes selective hotels and is available to all passengers flying Emirates, be it any class. This offer is specifically for individual travelers and all bookings need to be made during the offer period only.

 

External Links:
Sindh Today

CHARITY

Wakaf Funds donated to Muslim beneficiaries

Country: Singapore
Category: Islamic Charity

WAKAF funds equaling $1.7 million were handed out to the Muslim recipients in Singapore recently, inclusive of mosques, madrasahs and poor families. This funding emanated from the property donated by Muslim philanthropists.

External Links:
Strait Times

 

MLM News Archives

 
Follow latest Muslim Lifestyle Market news by
adding this RSS Feed
rss

----------------------------------------------------------------------------

AddThis Social Bookmark Button  


 Recent Updates

Global Food Crisis: A Bowl of Opportunities for Muslim World - Nov 08

Fulla Doll: An Alternative for Muslim Girls - Nov 08

Clean Energy Opportunities for Emerging Muslim World Markets - Nov 08

Book Review: Blue Ocean Strategy - Nov 08

Dr. Shamsad Akhtar: A Trail-blazing State Bank Governor - Nov 08

SEKEM Group-Proving Profitable Social Development Model - Nov 08

Search Engine Optimization (SEO) for your Business Web Site - Nov 08

Islamic Banking – a golden opportunity for European banks - Nov 08

Consumer Brands of the Top 100 Companies in the Muslim World - Jul 08

Malaysian Agri-businesses Explore Creative Financing - Jul 08

Mobile Tech Innovation and Islamic Finance - Jul 08

Hikma’s Innovation, R&D Leads to Global Expansion - Jul 08

Call them the Harry Potter books on Islam - Jul 08

Tengku Rozidar Tengku Zainal Abidin: 1901 Hotdogs, Malaysia - Jul 08

GCC Companies Honored for Good Corporate Citizenship - Jul 08

 10 Most Visited Stories of the Year

 •
DS100: Top 100 Companies of the Muslim World
 •
Consumer Brands of the Top 100 Companies in the Muslim World 

'Change' Driving New Executive Job Demands in the Middle East

Promoting Scientific Innovation in the Muslim World

Ten Opportunity Trends for the Corporate Sector of the Muslim World

Si3 – the “Accenture of Pakistan” Aims Big

 •
Fadi Ghandour: A Rare New-Economy Entrepreneur 

Leading Business Cities of the Muslim World

Intellectual Property Gaining Protection in the Muslim World

Islamic Mobile Phone Signals Emergence of 'Muslim Lifestyle Market (tm)'


 Ads

----------------------------------------------------------------------------

AddThis Social Bookmark Button  
 
 

News Archives

 

 

 

2nd Halal Expo 2008IFIS