Foto: Orkhan Farmanli / Unsplash Turkish banking authority BDDK has licensed Emlak Bank. The financial institution becomes an Islamic lender.The state-owned Emlak Bank has been transformed into a participatory bank, as Islamic banks are called… Read More »Turkish banking authority BDDK has licensed Emlak Bank
Photo: Frank McKenna / Unsplash Malaysia is ahead in the global halal business. But its Southeast Asian neighbor Indonesia also wants to play a more active role. In 2017 Malaysia exported halal-certified products worth 43.3… Read More »Halal Business: Malaysia is ahead in the global halal business
Photo: Gulfood The Arab countries want to accept each other’s Halal certificates. The aim is to improve the competitiveness of halal foods. In the United Arab Emirates (UAE), a uniform agreement for the mutual recognition… Read More »Arab countries want to mutually recognise halal certificates
Photo: Alexi Romano / Unsplash The Turkish online retailer for Islamic fashion Modanisa has sold a minority stake to Goldman Sachs and Wamda Capital. With the sale of its shares, the e-commerce company Modanisa wants… Read More »The Turkish online retailer for Islamic fashion Modanisa has sold a minority stake to Goldman Sachs
Photo: Unsplash Islamic banking remains a niche for Germany, says economist Matthias Casper. The situation in Great Britain looks completely different. The Islamic banking system in Germany won’t be as successful as it is in… Read More »Scientist: Islamic banking is a niche phenomenon in Germany
Screenshot: Salamweb.com A Malaysian startup has launched a web browser for Muslims. The browser filters out inappropriate content, such as gambling. Salam Web, a mobile and desktop browser, aims to provide users with a… Read More »Salam Web: Internet browser for Muslims
Helmut Hübsch, GfK. (Photo: Thomas Fedra / dfv) Younger consumers are increasingly paying attention to quality criteria such as species-appropriate animal husbandry and environmentally friendly production. The specialist trade must win them over for the… Read More »Meat industry: Millenials convince with quality
Photo: Annie Spratt / Unsplash Morocco, Algeria and Tunisia have to import a large part of the food. This makes them an interesting market for German manufacturers. “In Tunisia, food is imported exclusively via wholesalers… Read More »North Africa: Opportunities for German food products
Foto: Unsplash / Pablo Heimplatz No more kosher and halal meat: in Flanders it is no longer allowed to slaughter according to religious regulations. It is allowed in the capital. Flanders prohibits ritual Jewish and… Read More »Belgium: Flanders bans halal slaughtering
Foto: Ricola The candy manufacturer Ricola is currently reviewing its production process. The reason for this is a new Halal law in Indonesia, which will soon come into force. In Indonesia, a new Halal Act… Read More »Ricola prepares for Halal law in Indonesia
